Farming the AH, Fastest Way to Get Rich

[hpdark]

A week and a half ago I started. I was at 50k and wanted to get to 100 in a month. I figured 2k a day would be manageable. Yesterday I broke 100k cash. Using this method I have almost earned 10k a day. Not too shabby, will be working for gold cap eventually.

GL to everyone and I'm glad you guys enjoyed my tips (unless you're on my server, in which case ignore this thread and move along... haha)

[Raggzz]

About how long do you guys spend per day doing this? For some reason Auctioneer keeps ****ing up, and I just can't get the hang of what to do

[Sklug]

About how long do you guys spend per day doing this? For some reason Auctioneer keeps ****ing up, and I just can't get the hang of what to do

I would say I spend about an hr a day working on stuff...

Though, sometimes more... for example, I sell probably 1-2 mechano-hogs a day... that requires a LOT of northrend mats that people don't farm anymore... But, I have a bot farmer I know who sells me saronite for 10g a stack... which I then smelt to bars, which I then transmute with ALch to titanium bars, which I then use to make titansteel lol

A lot of steps yes, but I just start the smelting when I know I'll be afk for 10 min or so... then I got back to my regular activities.. I end up making titansteel for about 25-30g a pop (eternals are still super cheap and frozen orbs even cheaper). This saves me HUGE amounts of money... I do this once every couple of weeks to resupply myself and it takes a couple extra hours, but I make massive profits as I am making mechano-hogs (goblin discount) for 10300g about.... ANd, I sell them for about 15k... At least one a day, sometimes more.

If I get undercut, I put up like 3 bikes for 12.5k... THis destroys non-goblin competition... and discourages people to bother with selling bikes, so now I am the only server supplier. Once their Auctions drop off, I hold off 12 hrs or so, then re-list back higher

I also sell Vial of the Sands... about 40k-42k, prob every other day... sometimes I even get 2 a day though... costs me about 32k in mats to make... so that is HUGE profit...

I spend at least 20 min in trade chat before listing on AH as AH takes a HUGE 2k chunk of that sale... so I try to sell direct first. Good luck on your server. I just broke 300k gold, and am averaging about 5k in profit a day (only because I am a GDKP spend whore). If I just sat on my cash it would be much more.

[Narugold]

+rep for the undermine journal addon and the mysales, great advice

[metalhk47]

Fantastic post. Very well written

[Shodokan]

I LOVE you for that website.

[porphyria]

very nice and useful post, will install addons in a bit & see how it goes

some extra gold is always useful

[hpdark]

1 week later... 150k, and I decided to break the number one rule, Dont dump your eggs all in one basket. I dumped 150k in darkmoon faire trinkets. Worst case scenario i break even in 3 weeks

[Gbo]

You can also do a /reload ui instead of wating the 60 secounds for your mailbox to refresh and then you have no 50 mail/min limit, if you have a decent computer a reload of ui should not take more than 1 sec.

[Lokiskye]

+2 rep for the TUJ addon! I didn't know it existed :O