Gold Capped: Market timing

Reader Comments (Page 1 of 1)

5-20-2010 @ 10:50PM

Rob said...

Actually i disagree about herbs, etc, they are a large source of income for me, not just for glyphs but for reselling the herbs.

5-21-2010 @ 1:26AM

Bronwyn said...

Would you care to elaborate as to why specifically this works for you?

5-21-2010 @ 4:47AM

Thoorin said...

I am guessing his realm is a lot like mine, with low herb turnovers overall and wild oscillation in herb prices.

I seldom see more than a page of any given herb, and prices can be 11 to 60g a stack, and I'm talking NR herbs only... Vanilla and TBC herbs can be even more lucrative, but the demand is too unstable and too dependent on levellers/scribes, so I don't bother taking the risk (there can always be someone leveling a gatherer who will just dump the market or someone leveling an alchemist/scribe who will clear the market, so...)

NR herbs are a stable market - In this environment, spending a moderate amount, like a 1000g, on herbs when they drop to like fifteens per stack, is gonna guarantee good return when the market swings around again. And quite often you can just clear it all immediately, and repost - unless it's weekend. Take weekend off, it's when all idiots go farm and then hit AH with "ZOMG MUUUUST BE CHEAPEST!!! WILL UNDERCUT!!!!!1ONE" attitude show up. Not that i mind them giving their gold away to me... but weekend is when you want to have all your money in your bag and buy, not sell.

5-21-2010 @ 7:45AM

Basil Berntsen said...

I had actually worded my caution against herbs a little more hardly, and the reconsidered. Herbs are hit and miss. If you're a scribe and can actually grind them into glyphs for sale, then it can be worth stocking up whenever the market gets low, because you have a pressure release value. On many realms, however, this can kill you. Adderstongue is normally 11g on my server, and for a week it went down to 8g. I bought 2000 stacks. It then proceeded to go even further down in price at unimaginably large volumes for months. I thought I was out 16000g. I didn't recoup that money till the next botter ban wave, where the prices went back up to normal.

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