Everyone faces a similar dilemma in Warcraft. You want to progress in the game, but you also need more gold. Often the one issue takes you away from the other. Do you farm gold? Or do you level up?
Using the auction house would seem the obvious way. It is a market and you can leverage skills rather than time to do this.
I have found a new system on the market that promotes cross faction trading as the main way of making Warcraft gold. Cross faction trading is where you have characters at Alliance and Horde auction houses. You compare the price of an item at both. If there is a substantial difference you buy at the lower and sell at the higher. Transferring the items through a neutral auction house in the process.
Great idea. However there are one or two major drawbacks in using this as you main gold making method.
Firstly, the mechanics of the game will not allow you to perform cross faction trading on one Warcraft account. You cannot, for example, roll a Horde character and get them to post cheap items on a neutral auction house for one of your Alliance characters to pick up then remarket at a Horde auction house. You can't share a guild with characters from the opposite faction, nor can you post to characters of the opposite faction. In fact there is no way of getting items from one faction to another on the same account
You need to buy a second Warcraft account. Even the ten day trial accounts won't work. You need a full second Warcraft account, with the game and play time paid for if you are going to do this yourself. The second option is to use a friend to do one half of the deal with. Of course that will probably mean splitting the profits (not to mention you really need to trust the friend). Suddenly what looked like a great idea has more holes in it than Swiss cheese.
You also need to be aware that market knowledge is essential. Flooding the market with one particular item will lower the price in the receiving market. It costs gold to put items on the auction house. If the item doesn't sell, then you lose the gold. There is the issue of storage and inventory to be considered. Ok, buy loads when it is cheap, but then you need to store it and drip feed it to market.
Of course there is a place for cross faction trading. However, I think you should know about the major issues you will face if you are going to go down this route. You wouldn't want to buy a gold guide and be told on page one "Now go and sign up for a second Warcraft account" now would you? - 32500
Using the auction house would seem the obvious way. It is a market and you can leverage skills rather than time to do this.
I have found a new system on the market that promotes cross faction trading as the main way of making Warcraft gold. Cross faction trading is where you have characters at Alliance and Horde auction houses. You compare the price of an item at both. If there is a substantial difference you buy at the lower and sell at the higher. Transferring the items through a neutral auction house in the process.
Great idea. However there are one or two major drawbacks in using this as you main gold making method.
Firstly, the mechanics of the game will not allow you to perform cross faction trading on one Warcraft account. You cannot, for example, roll a Horde character and get them to post cheap items on a neutral auction house for one of your Alliance characters to pick up then remarket at a Horde auction house. You can't share a guild with characters from the opposite faction, nor can you post to characters of the opposite faction. In fact there is no way of getting items from one faction to another on the same account
You need to buy a second Warcraft account. Even the ten day trial accounts won't work. You need a full second Warcraft account, with the game and play time paid for if you are going to do this yourself. The second option is to use a friend to do one half of the deal with. Of course that will probably mean splitting the profits (not to mention you really need to trust the friend). Suddenly what looked like a great idea has more holes in it than Swiss cheese.
You also need to be aware that market knowledge is essential. Flooding the market with one particular item will lower the price in the receiving market. It costs gold to put items on the auction house. If the item doesn't sell, then you lose the gold. There is the issue of storage and inventory to be considered. Ok, buy loads when it is cheap, but then you need to store it and drip feed it to market.
Of course there is a place for cross faction trading. However, I think you should know about the major issues you will face if you are going to go down this route. You wouldn't want to buy a gold guide and be told on page one "Now go and sign up for a second Warcraft account" now would you? - 32500
About the Author:
For a system that includes all the methods you need to dominate, without the need for a second account, then visit The Warcraft Advanced Gold Guide. Just want our famous free guides, then Free Warcraft Cataclysm Guides