Gold Project X Day 6 and 7: Gold Farming Made Easy!

It’s going on my first week and the action is getting more intense!

Tuesday brought server maintence that I wasn’t ready for. Luckily I was logged in at the right time. I had about 16g on my [tag]character[/tag] and I got the dreaded error of the server being shut down.

I made a swift jolt towards the [tag]auction house[/tag]. If you didn’t know it’s a great idea to place bids before server maintence because as time will continue to expire through the maintence.

On top of that most players don’t immediately check the [tag]AH[/tag] when they log back in! So this gives us double opportunities to win auctions at cheap prices.

I said it before that this server was extremely weak with low level items. Many people are listing auctions for items between level 8-17 for prices that are amazing. I actually bought out 7-8 auctions at 15-20 silver. I placed around 45-50 bids.

Placing bids on the AH is very important in our strategy. As time continues on people will begin understanding the auction house and the profits we make will go down. A huge mistake we can still hit on is low bid prices.

The common mistake I’m seeing on this server is auctions that have 20s bids and 1g buyout.

They got the right idea by placing auctions for higher prices at low levels! But they forgot one giant step to raising the bid price also.

I am going to update our gold count tommorow. I have a lot of money invested into the auction house and a lot of pending auctions.

Kinjal is going to hit 26 today. I haven’t payed much attention to him. He is going to play a very important part in maknig gold here very soon.

I’m developing a new [tag]farming strategy[/tag] that I don’t want to release yet! I am going to test it with Kinjal first to see exactly how much gold per hour I can squeeze out with it. Make sure you check in the next few days to see the idea’s behind it!