Skip to Content
8-26-2010 @ 1:25PM
I have to agree with this. Diversify- One thing I do myself (among many others, but this is just the example) is transmute epic gems every week, and even if they are the same color of gems I don't just cut them all into the same thing- for example if I'm doing Kings Ambers I will cut some Quick, some Brilliant, maybe a hit rating one in there if I got lucky procs and feel like I'd be listing too many of one kind. Same with meta gems- I spent some time watching prices and seeing which ones sold at all for a decent profit, and I just cut a few of those and auction them and when they're gone I cut a few more- I never list more than 5 at a time (this number is going to vary on your server depending on how populous it is), and mostly I don't get too many back.In addition to diversifying, it really pays to spend some time getting to know the markets. Don't just buy a whole crapload of Cardinal Rubies with your honor because you know that's the most popular/most expensive color; look around, watch the market. Are there regularly a ton of unsold gems of that color because there's so much competition? I mean, on my server, something like a purified dreadstone that is needed by a LOT of casters to activate their meta gem is down to like, 80 gold at times. I avoid that cut like the plague as a result. Getting to know the market also really helps because you'll be able to tell when a price is really much lower than it should be- and what the high threshold would be. Plus, continuing to watch it will help you know when it's time to stop buying low/selling high because the price isn't going that high anymore. I was making quite a bit buying ebonweave cheap and selling it high for a while, but now the price has stabilized more in the 30g a pop stage (I was buying around 20 selling at 50g per), so I don't bother. Which brings me to another point- get to know the prices so you know what is a very low price and what isn't; Set your thresholds and stick to them. It helps.
First time? A confirmation email will be sent to you after submitting.
Members enter your username and password.
Enter your AOL or AIM screenname and password.
Please keep your comments relevant to this blog entry. Email addresses are never displayed, but they are required to confirm your comments.
When you enter your name and email address, you'll be sent a link to confirm your comment, and a password. To leave another comment, just use that password.
To create a live link, simply type the URL (including http://) or email address and we will make it a live link for you. You can put up to 3 URLs in your comments. Line breaks and paragraphs are automatically converted — no need to use <p> or <br /> tags.