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Fastest way to make 50gFollow

#1 Nov 24 2006 at 2:31 PM Rating: Default
i have a lvl 37 hunter and i have 34g atm i need 80g...wats the fastest way to make money...proffesions are bs 127 mining 145
#2 Nov 24 2006 at 2:49 PM Rating: Decent
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Sell the stuff you mine, don't use it.

The best/only advice I can give you right now.

You might want to farm a little as well. Go grind the rock elementals in Badlands. They drop valuable stuff and give some nice xp as well.
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#3 Nov 24 2006 at 2:54 PM Rating: Decent
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Well, I can make about 10g a week making Deady Bronze Poinards and selling them on AH. Takes like 50s in mats and sells for 3g. But i don't flood the market, not too many up and coming rogues are that rich yet at level 20.

At 37, go to the Alterac Mountains just north of the snowed in Yeti caves where you'll see the Ruins of Alterac and 33-36 Ogres everywhere. Just east of the elites is a cave, near here is the perfect spot to farm silk from the ogres, level up, and Mine Mithril all at the same time. I used to make about 11-12g /hr here leveling up. Good luck.
#4 Nov 24 2006 at 3:11 PM Rating: Decent
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theres many ways to make money at your level. One i like is to farm wool in charred vale (i'm horde) you kill harpies should be easy enough at your level they have a good drop rate for wool a stack sells around 1g on my server, the harpies also drop ligth feathers they go around 1.5g a stack then you make sure to kill the fire mobs if they drop elemental fire that's another 1-1.5g each make sure you sell all the grey drops to vendors and put the green drops at the ah you'll get your 50g in no time


edit: also good old copper goes for 1g a stack

Edited, Nov 24th 2006 6:18pm by durruttii
#5 Nov 27 2006 at 12:10 AM Rating: Decent
fish. 3 1/2 hours in Tanaris should get you 50G worth of stonescale eels.
#6 Nov 27 2006 at 12:46 AM Rating: Decent
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kill fire and rock elementals in arathi highlands.

raiders need elemental earth for nature protection pots and elemental fire for fire prot pots.
#7 Nov 27 2006 at 2:44 AM Rating: Good
I also have some tips in my signature on making money in WoW.
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#8 Nov 27 2006 at 3:41 AM Rating: Decent
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Having 2 gathering trades is a great way to make cash, especially for beginners. In the 30's I dropped my 225 smithing to reroll skinning. Gather stuff and AH it and you'll be rich and famous in no time.

Many also take the following course with tradeskills: 0-40 (2 gathering), 40-55 (1 gathering and 1 production that compliments it). 55-60ish (2 production if you so desire and are willing to spend some money). That is how I do things with about all my characters and I make enough gold to get by.
#9 Nov 27 2006 at 4:23 AM Rating: Decent
2x gathering + fishing is definitely the way to go if you're looking to make money as you level up. Did this mostly on the advice of Wondroustremor, my wife and I have duo'd to 34 Hunter and Druid. We both took up skinning, fishing, I took mining and she took herbalism. As of this morning we had a combined 300 gold and decent armor mostly bought from AH and we've never really went out just to make money... just never turn down a mining point or an herb if you see it on your scan.
#10 Nov 27 2006 at 6:19 AM Rating: Good
Sweet- grats on getting your wife in on the game, Lark! Smiley: boozing
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#11 Nov 27 2006 at 11:23 AM Rating: Default
With all due respect, I think you guys are going about this the wrong way. I've made a lot (1500G) in the past 4 months by farming the AH. Some people don't like this but thats the beauty of capatlism and the free market. So many people put items in there that are way uderpriced. I swoop them up and resell them at just below market value. They're still getting a deal and I'm making money, win win situation for everyone. I use to run around for hours gathering herbs to make 4 and 5 G here and there, now I spend time scanning the AH for deals. By the way the only reason I reference a number is not to brag, but to show everyone out there how much you can make if focus your energey in the right direction.
#12 Nov 27 2006 at 12:45 PM Rating: Decent
Fastback wrote:
With all due respect, I think you guys are going about this the wrong way. I've made a lot (1500G) in the past 4 months by farming the AH. Some people don't like this but thats the beauty of capatlism and the free market. So many people put items in there that are way uderpriced. I swoop them up and resell them at just below market value. They're still getting a deal and I'm making money, win win situation for everyone. I use to run around for hours gathering herbs to make 4 and 5 G here and there, now I spend time scanning the AH for deals. By the way the only reason I reference a number is not to brag, but to show everyone out there how much you can make if focus your energey in the right direction.

There are lots of ways of making money. Day-trading (what you propose) absolutely can be very lucrative. However, it's best done by an alt, who can wear a path between the mailbox and the AH. The day trader alt does not need to level, does not need to go into instances, or go exploring in the world of Azeroth. The only reason for a day-trader's existance is gold, and there's a lot more to the game than that. Anyone deciding to make a day-trader should also make a toon to play with as well.
#13 Nov 27 2006 at 12:56 PM Rating: Good
I find day-trading like used car sales. Yes, it's legitimate. Yes, it's capitalism at its best. But, like a used-car salesman, I find day-trading to be rather questionable in ethics. Why? Because it falsely assumes a "normal" market and a "normal" price for all items, ignoring supply and demand.

Let's use dense stones (which I have been buying whenever possible for Darkmoon Faire) as an example. I look on Monday night, and see that there are only 10 stacks of stones up for auction, with a buyout of 2 gold 50 silver each. I decide not to buy. On Tuesday evening (after maintenance), there are now 50 stacks of stones up on the AH, with an average bid of 1 gold 75 silver, and a buyout of 2 gold each. I put a bid on all 50, hoping to get at least 1/2 before someone outbids me. I go back on Wednesday morning, only to find that one person has outbid me (or outright bought) them all and put them back out for bid: 2G, BO: 2G 50s. This ignores the increased supply, forcing the end buyer to purchase any at the same price as if only 10 stacks were available.

Unlike the real world, people can take advantage of the limited supply of most goods to put a strongarm on the market, artificially inflating the cost of items to more than their actual worth. Yes, the original buyer and the day=trader profit, but the end consumer is the one that ends up paying more than they really should as a result.

I'm not against occasional bargain hunting for resale, but I definitely don't like professional daytraders that drive up costs just to profit at others' expense.

Edited, Nov 27th 2006 5:01pm by Wondroustremor
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#14 Nov 27 2006 at 1:11 PM Rating: Good
Quote:
I'm not against occasional bargain hunting for resale, but I definitely don't like professional daytraders that drive up costs just to profit at others' expense.

As a further note to this, the laws of supply and demand still apply. If you inflate the prices, you will make more per item sold, but fewer items will sell. Many people, myself included, will look at various items and say "eh, I can wait it out". Thus leaving you with extra inventory, as well as having to worry about people listing more of the item and undercutting your price. Which leads to the next paragraph.

For the purposes of this thread, daytrading is out of the question because of the large amount of capital it takes to do it. Your initial investment is sizable and it is high risk. For those who say they do it on sub-2-gold items only, that's still a lot of capital and your profit margins are slim enough that you could go farm many other areas for better profit.

At level 38, your best bet is to gather everything with a gathering profession and sell it on the AH.
#15 Nov 27 2006 at 1:45 PM Rating: Good
If you enjoy World of Wallstreet, that's cool. I don't.

I prefer to "make a killing" in other ways.
#16 Nov 27 2006 at 4:36 PM Rating: Decent
Best way I've found to make money is to gather and create, then sell a variety of items on ah. Fishing and cooking are also good ways of making coin without great expense. Once you've gathered enough, do an AH run and see what things are selling for, then place your items at a reasonable price. While reasonable prices may not make you the most per item, it can encourage ppl to buy stuff. I for one only occassionally buy items to raise my trade skills, mostly because many items on ah are outragiously priced, imho.
#17 Nov 27 2006 at 9:51 PM Rating: Decent
I knew some would not like my idea, but criticism is welcome, and everyone was polite. I do have an alt that I use as well as my main to trade. Like someone said in an earlier post you will get burned if you try to corner the market. It's happened to my friend several times. There is simply too much product out there, and there is constant udercutting in the AH. I do it, and everyone does it to me. You can easily start trading with just 100G, you may have to shoot your load a couple of times, but you will make it back. It really is World of Wallstreet. There are trends, dips, peaks, and you can profit from all of them if you monitor it. For me the AH is like a whole different game altogther. It's a challenge and rewarding in my opion.
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