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 Post subject: Snowballing
PostPosted: Mon Jul 11, 2011 11:57 am  
Scout

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Joined: Thu Mar 10, 2011 2:11 pm
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I'm just wondering as far as making oodles of gold is concerned, doe shaving more make you more and at a faster rate?
I've seen the snowball effect starting to appear with my endeavours but nothing majorly yet. The first 100k took me a few months and now I should be up over 130k by the end of play today (100-130 has taken a week give or take). At this rate I should join the millionaires club in 6 months tops provided I stop throwing money to a friend and manage to resist buying things I want but dont need :P
Is this something common place for otehrs or would this appear to be server dependant like many things are?


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 Post subject: Re: Snowballing
PostPosted: Mon Jul 11, 2011 7:25 pm  
Centurion

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Joined: Tue Jun 16, 2009 3:54 am
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Eh? What are you asking?

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 Post subject: Re: Snowballing
PostPosted: Mon Jul 11, 2011 10:13 pm  
Sergeant

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Joined: Tue Jul 27, 2010 12:34 am
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Gotta spend money to make money! So the more you can spend the more you can make ;)


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 Post subject: Re: Snowballing
PostPosted: Tue Jul 12, 2011 8:32 pm  
Scout

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Joined: Wed Aug 18, 2010 10:39 am
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I have no idea what you are asking =P


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 Post subject: Re: Snowballing
PostPosted: Tue Jul 12, 2011 9:39 pm  
Centurion

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Quote:
doe shaving more make you more and at a faster rate?


Oh. I got it.

Does Having More.... I was wondering what shaving had to do with making gold.

To that, yes and no. Some people have 5k to invest, some people have 500k to invest. It depends on market saturation and your competition.. mostly the saturation. With some markets, having more than 1000g isn't going to give you a significant benefit and in others having 300k (or more) to invest does help you ramp things up....

It's all about opportunity and the window of that opportunity.

I love the example of the Darkmoon Fair (DMF) trinkets and vendor pets as opposite examples.

To take advantage of vendor pets, you can have a fully fledged swinging cross faction business with well under a couple hundred in gold. After that couple hundred gold, having more to throw into the venture doesn't really help you that much.

Take this example back to early Cataclysm when the DMF trinkets were new. I allocated a maximum of 300k (thinking back, I should have plugged a cool million into it, but alas..) into the Darkmoon Fair Trinkets. This let me buy the materials for x trinkets for sale which in turn I was able to sell for 600k (or 800k, somewhere like that). Next DMF I took 200k and turned that into 400k, next fair, 150k into 250k etc. etc. (the numbers are a bit on the low side, but you get the point) The market slowed down and became less profitable as time went on.. but the point being, yes., Without that initial 300k, I would have missed that whole opportunity. Those who got into the market with only 20k, (and some with 50-100k) found themselves on the wrong end of bad RNG and either broke even or made a little instead of cashing in big time.

If I was to invest in vendor pets again, my capital would not help me grow faster, though with a market like DMF trinkets, it would.

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 Post subject: Re: Snowballing
PostPosted: Wed Jul 13, 2011 2:06 am  
Centurion

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Joined: Tue Jul 28, 2009 9:33 am
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Being able to buy all bargains does help to boost your income (so does being able to buy the entire stock off the AH to relist at a profit)
Shaving does on the other hand ... :lol: only results in bashfull Brambi :mrgreen:

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 Post subject: Re: Snowballing
PostPosted: Thu Jul 14, 2011 3:42 pm  
Scout

Scout
Joined: Thu Mar 10, 2011 2:11 pm
Posts: 16
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LOL! stupid fat fingers >.< Yeah I'm not so sure shaving has much impact on making money other than if I go all ZZtop and my beard gets caught in the keyboad and forces me to over pay for things ;P


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