Easy Ways To Make Gold In Cataclysm

In World of Warcraft, Gold is becoming an increasingly important part of the game. The current number of subscribers is over 10 million and growing. It's becoming very competitive and difficult to make gold in cataclysm. But everyone wants to fill their bank quickly and earn gold. And to make gold in Cataclysm, all you need to do is to follow some basic steps. Some of these steps may take time but the reward that you will get will be well worth the work.

Here are some simple but very effective tips to make gold in Cataclysm:

Daily Quests

You may think that these quests are pretty boring as well as repetitive. I use to think this too. But I was missing out, and so are you because by doing these quests on a daily basis you will be able to earn a fair amount of gold. Though these quests take some time to become rich, these are very helpful. You can complete up to 25 quests in a given day. So by doing 25 quests on a daily basis you will get a great amount of gold. Depending on the factions you quest for, you may also earn access to some epic gear for your class and spec. This is a great source and very reliable method to make gold in Cataclysm.

Working the Auction House:

It takes a lot of time to work the auction house as it takes skill to notice buying patterns, high demand items, fluctuations in price, and many other factors that go into running the stock market of WoW that is the auction house. It is one of the most challenging and risky methods to earn money, but it is one of the most effective ways to make gold in cataclysm once you learn the methods.

For working the auction house you need to follow 3 methods to make gold in Cataclysm:

Buying and Reselling: This method is a very popular way to work the auction house, and is also known as "Flipping." When buying and reselling items, you have to have a great deal of knowledge of the items' prices in the auction house. When you will find an item which price is less than the normal price you will buy it lower and sell it higher to earn a profit. This is one good method for making gold in the auction house. However, this method requires a lot of knowledge of what to look for, what to buy, how much to sell, etc. That is... Lots of knowledge, or the right WoW Gold addon... Keep reading.

Manipulating price: Manipulating price takes some skill, as well as gold investment. The great players in this game usually manipulate prices as they have a large amount of gold. To do this you need actually buy out ALL of a particular item when it is dirt cheap. Once the auction house is clear, you can re-post everything at your own price. This method is very risky as well as costly too. You can lose a lot of gold before you make it back. But if you succeed with this method you will earn a substantial profit. Following this method will help you to make gold in Cataclysm.

Farming and Selling: This is also a good method almost everyone does. It requires no money, but a lot of time. And it's not quite as profitable, since you're likely to find lots of competition. All you need to do is to find the items that are most wanted by killing monsters and put them up for sale on the auction house. Make sure to put a fair price on your auctions. You will want to undercut the top seller in order to make gold in Cataclysm.

Dungeons:

Dungeons can by done by any class. However, if you are a tank, you will easily be able to get a huge amount of dungeons done, since there is always a demand for tanks. You can make a profit with dungeons by the blues, greens, and crafting materials, plus the gold from mobs which you are going to loot. This is a very reliable way to make gold in Cataclysm since many of the items that drop in dungeons have a high demand.

Overall, these strategies can make you a significant amount of gold. But to really make gold in Cataclysm, you need to do your research on your server's economy. Or you can use a WoW Gold Addon to do that. No gold guide or guru can tell you exactly what is going to sell well. It depends on your server, on you, and on your community. Prices will fluctuate and you will always be on the lookout for the next item to sell, and most likely you will end up spending hours researching, completing spreadsheets on the most profitable days, times, and items to buy and sell. I don't know about you, but I'll take the shortcut and use the addon.