Most money will always be made by playing the auction house. I just recently started flipping BoEs and mats and I allready make more gold than my lousy level 58 warrior could farm by mining and/or killing stuff.
Never understood how this works. How do you know when a BoE / mats are underpriced, and how do you know for sure they'll sell for more?
Its as much gambling as poker is. If you dont know what you are doing you may as well roll a dice. But if you know what you are doing the odds are more and more in your favor, to the point where success is pretty much guaranteed.
You know how an item sells by historical data. This data can either be your personal experience or a database, like TSM.
Also, applying basic economics. Supply and demand. One example: Flask prices are dictated by black lotus supply, which is relatively stable. Flask demand however is highly dependent on raid activity, which heavily fluctuates within a calender week. Therefore flasks spike in price at wednesday and sunday, which are the most common raid days. On my server there is a 20 to 25% price difference. Easy profit.
Pippina DME lashers and DMN hyenas were the big vendor gold contributors that don’t work currently, or at least not as efficiently as they did on pservers. Mages have transitioned to more Satyr farm in DM (which from what I’ve seen when done correctly beats ZF farm). The vendor farm that does still work, however, is Hunter DM Tribute. It is also different from pservers in some regards from what I’ve gathered and people are still working on improving that farm so it’s not yielding it’s full potential yet (IIRC Ahmpy was getting ~50/hour but he said there was a lot of room for improvement). Hunters are also gimped for Classic compared to pservers so less people are playing it/I’d imagine it’ll be less impactful in regards to inflation.
TLDR; most solo DM farm that makes its gold from vendoring is either broken or substantially worst than pservers, AH gold is king.
E: there was a mage farm also in DMN kiting a boss but not sure how profitable his drops alone are and what you would bake in with that if hyenas aren’t working, iirc the bracers were the big target
Im not sure, for me the best G/Hour is actually farming runecloth and buying runecloth and sell stuff to the Auction House.
Sometimes with buying and farming I get 80g/h+ (as a Priest)
How do you make money off of runecloth? It sells for 1g a stack on my server, that's nothing.
I craft Items with it, sorry havent mentioned that I am a tailoring guy.
If there isn't a secret formula or certain tricks to it, I don't understand how people make so much money doing it. What you're describing sounds like gambling, and that's not a good way to make money.
One trick that everyone with basic economic knowledge knows is buy cheap and sell for more.
Auctioneer (addon) has a function that scans the items in the AH, and the last column on the right shows you a percentage.
What it does is it takes the prices of all the items of that type posted in the AH (lets say Silk Cloth) and generates that column showing if the price of that particular posting is cheaper or more expensive than the standard price of the item (the standard price is decided by the pricing set by players)
The standard pricing of an item is calculated by adding up all the prices of all the posts of that item together and dividing them by the number of total posts.
100% is the standard pricing range at that moment of scanning, anything above is overpriced and anything under is underpriced. So buy anything that is under 100% and sell it for more than they were.
Auctioneer also has a handy option for easier posting where you set an automatic undercut against your competitors by an amount you decide.
Materials are usually a very safe bet when it comes to this, you can make some fat cash if you do it with higher level materials and some decent cash with lower level materials.
All you have to do is play the AH, scan it regularly and find that underpriced stack, buy it out and sell it for more.
Once you have enough money you can capitalize on a whole market, buy everything on it and sell it for a price decided by you.
Sometimes it's also not a good idea to post things on the AH and you just have to wait in those cases.
An example that happened to me while leveling was the prices of Small Silk Packs, they were selling on the AH for 25s each at most. I wanted to make more of a profit on mine so I waited until the prices went back up. If I had the money I would have capitalized on that market and made a decent profit for a level 30ish character.
It is not directly a gamble, but you can see playing the AH has a lot of uncertainty. Like I said before, you just have to play if you want to win.
The best way to guarantee your winnings is patience, understand the market of your server and use your judgement.
Hope these few tips will help you out.
If anyone need to know how to farm gold in Patch 8.2 I'll recommend you this guide right there https://mmoauctions.com/news/a-gleaming-of-thirst-guide-to-farming-gold-in-wow
I am not sure if this is
a) shitty advertisement
b) you somehow not realizing this is a classic forum
c) you somehow thinking this is relevant regardless