he tricked us into learning economics and trading basics by packaging it as a wow gold making guide! Amazing guide, never really thought of using real world trading principles to get money in any game, and much less a game that bascially table flips its market every few years or even months in case of big patches. But if it is as stable and predictable as you say then this is indeed an enlightening guide.
I make 500k per day on auto pilot and still learn from Archvaldor. No WOW content creator brings together great info, quality, and entertainment like the Legend Archvaldor. Thank you
I just Mythic BOE farm. I always get atleast 1 drop before the 2hr mark. Usually at the end of my gaming session, I'll jump in the mythic b o e farm and more often than not get a drop.
Back when I used to play, I used to buy up all of the Draenor materials possible with my money and make Gnome Gliders with them before an expansion dropped, mind you I was around 15 and had no idea what a market was really, but I thought, hey wait a minute, at the beginning there isn't any flight, and these things can be used anywhere! Anyways I made like 6.000-10.000 gold from that, which was huge for me because I only had like 2.000 lying around. I think this was back when BfA dropped and I didn't mind because I got the expansion for free in one of their bundles when I bought Legion at the end of its line, had a blast of a time and thought I would be going forward, then BfA turned out to be a massive disappointment for me, covid happend and I stopped playing altogether, but I'm still watching your content because even if I don't play the videos are still entertaining.
Very different sort of guide than you’d usually make. It’s nice to step into the mind of Archvaldor for a change. It also makes me want to finally make another video, maybe somewhat related to this
That would be really interesting. There's a massive intersection with finance and exploitation where I think you could really break some ground. Maybe I could give people a heads-up about it near the time if you chose to do something.
I've been watching your videos for years and years now and I love how you explain things, really easy to follow and understand Enjoyed you introducing real life trading concepts in this video (mainly because I've been getting into them myself more recently)
Ty mate:) Yeah there's a part of my audience that absolutely loves these you are not alone. Problem is the other 75% prefer easier/fun things and tend not to watch so I don't make them much as I'd like.
When attempting a price reset you also need to take into account the posting fees. Some items have ridiculous posting fees and if you try to reset a market on something like 100000 potions on reset day and the posting fees are of any substantial amount you may shoot yourself in the foot by having your profit taken up by fees.
Yeah I use calculator tools for that which incorporate the fees. Important point. Difficult to know what to include-I feel like there was too much basic info in this already.
I'm more of a gambling math nerd than an economist. The problem with economists is that if their theories are bs they still eat. If you ever watch gary's economics you'll know what I mean.
Solid video overall. Market resets are always risky as, like you point out, you need to sell for 5% more just to breakeven. It would be great if what was on the auction house was all that was available but you have no idea how much stock other players are holding on to and everyone will pile in as soon as the price goes up. I don’t think you talked about available quantity either only price. Price being low is great for a reset obviously but available quantity is just as important. You’re not going to reset 250k of something unless the price is insanely low. On the other side you may be willing to reset something that is even above average price is the available quantity is really low. The investment section is solid especially regarding seasonal rotations. I would add that it’s much more profitable to invest on things that you know are going to increase in value over time rather than on a seasonal rotation. For example when an expansion ends supply of anything from that expansion drops dramatically but things that are evergreen like mounts, transmog, pets keep a fairly consistent demand. Lower supply and stable demand makes the prices go up over time. For example I own around 80% of the stock of all the korthia shoulder transmog on both the EU and US region. I have got around a 3,500% return on many of these leading to hundreds of millions in profit as these just keep increasing in value as they get rarer. The same principle applies to all such things. I’m invested in zereth mortis cloaks, Dragonflight transmogs etc etc. This is long term, taking years to fully sell, but it’s by far the best investment strategy in wow. I have made multiple videos on this in the past and others are starting to get success from it as well now. Love your content I just want you to be careful as people will do reckless market resets and come blaming you when it doesn’t work out. Kaychak Wow Billionaire
ooooh nice, very much appreciated! I'm all-in with classic wow anniversary right now, immersed in the livestreams and playing my HC character, its unbelievably good and super unexpected but this video is a must for playing Retail again!
The footage is retail but I deliberately made it so that it is applicable to classic also and even non-wow players should find a lot of value here. Hope you benefit from it. Good luck with HC:) I never trusted Blizzard enough not to bug out my toon.
Market Resetting is very easy to get burned by. I tried doing something like that at the start of Dragonflight (first day), made some money at first, got burned once the markets started getting flooded. Basically I noticed that items that could form larger items with 10 of them were selling for MUCH lower than 1/10 of the price of the larger item, so I saw arbitrage, but market corrected too fast.
Thanks for the forecast! A bit off-topic, but I wanted to ask: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How should I go about transferring them to Binance?
you are probably not seeing me because my main account got banned. I'm in korrak a lot-you will probably work out who I am pretty quick. Say hi if you do and I will look out for you.
It does but I would need to study that hard to make a judgement about that. There's always at least a remote possibility items like that become worthless for some random bs reason.
@@archvaldor I love these in-depth talks about interesting subjects like flipping and macro flipping economics. I am currently paused on content as I am moving home, will be back to the content grind in 2 weeks
Ouch. From what I recall there was a major procedural change there, not your fault. Bad stuff like that can happen even to the most sophisticated investor.
time is money, if you make 60silver by buying cloth and making bandages every sec is 2.1k/hour really worth it? i mean i guess semi afk gold is easy gold and thats 2k more when you did dishes is kinda nice, but idk about doing it actively.
Imagine having a degree in these kind of economics but resorting to pickpocketing mobs in-game because one wants to just have fun. However, pretty effective video!
I am glad that this is at least outh there, these are relatively simple conceps from real economy just applied to a game. Considering the average age of a World of Warcraft player it is truly baffeling to me that people struggle with this. You can do wonders with a basics that TSM provides such as Daily ammount of items sold, historical market price and current price. I sadly belive in the fast paced youtube game that this will sadly not touch too many people as this video is quite information dense, though that is great for the enthusiast not very appealing to the masses. Most will just want content shoveled straight into their mouth such as "oh em gee look at this perfect farm it shall make you millions upon millions, GET RICH QUICK" *ehm ehm certain studious sea fowl*
Yeah pretty much. I knew this would be a lower performing video but it contains some of the best content I've produced so I'm guessing it will provide more value to viewers. Btw Flop is very smart don't get intimidated if you are reading this and don't find it as easy to learn.
great guide eventho i dont really understand. this is the 1st expac that I really made gold. previous expac I was having hard time to reach 1mil. omw to max my bnet balance
13:37 I’m surprised that’s still a thing though to be honest I remember way back when I played wow and ied get this gear from before wow had expansions see just how much people were willing to pay for it and asking why as it looked horrid but people are odd especially when it comes to memberberrys.
Regarding the shadowlands thing, a friend told me they were unable to access the flightmaster to go to Ardenweald, but I told them to use the mythic plus timeways portal and that was accessible. Bastion should be accessible too. So it’s mostly Revendreth and Maldraxxus that new players likely cannot reach.
Yeah that's a cool workaround. You might want to check out how many people are searching for that one-publishing workarounds for glitches is partly how I blew up my channel since people NEED to know that stuff. I know its a hot thread on bug report.
my english not that good and i love watching ur guides ( this video a bit hard for me to understand ) , what i understand from this buy item at 1 gold sell at 2 gold if that item can hold the price for long , ty i hope i didn't fk up xd
@ i think ur guide more for old players who can know which item price will hit so hard at that specific time , for me for example i start wow 1 year ago and have no idea what items will be good on upcoming events, but ty so much that will open my eyes on alot of things
You cant drag investment theory into wow. There is no risk in wow, people react on feelings , hate etc which you will never see in a real life investment market.
he tricked us into learning economics and trading basics by packaging it as a wow gold making guide!
Amazing guide, never really thought of using real world trading principles to get money in any game, and much less a game that bascially table flips its market every few years or even months in case of big patches. But if it is as stable and predictable as you say then this is indeed an enlightening guide.
My guide to make money in WoW: buy low, sell high. Unbeatable strategy.
Excellent advice.
I make 500k per day on auto pilot and still learn from Archvaldor. No WOW content creator brings together great info, quality, and entertainment like the Legend Archvaldor. Thank you
Sounds like you should be making the content mate:) Ty:)
That is actually insane! and how many hours a day do you play?
I just Mythic BOE farm. I always get atleast 1 drop before the 2hr mark. Usually at the end of my gaming session, I'll jump in the mythic b o e farm and more often than not get a drop.
Do you know any group that makes BOE farm? Cant fine none....
Back when I used to play, I used to buy up all of the Draenor materials possible with my money and make Gnome Gliders with them before an expansion dropped, mind you I was around 15 and had no idea what a market was really, but I thought, hey wait a minute, at the beginning there isn't any flight, and these things can be used anywhere!
Anyways I made like 6.000-10.000 gold from that, which was huge for me because I only had like 2.000 lying around.
I think this was back when BfA dropped and I didn't mind because I got the expansion for free in one of their bundles when I bought Legion at the end of its line, had a blast of a time and thought I would be going forward, then BfA turned out to be a massive disappointment for me, covid happend and I stopped playing altogether, but I'm still watching your content because even if I don't play the videos are still entertaining.
That was a very solid play. I remember dala gg made a mint out of that one:) Wp sir!
Very different sort of guide than you’d usually make. It’s nice to step into the mind of Archvaldor for a change. It also makes me want to finally make another video, maybe somewhat related to this
That would be really interesting. There's a massive intersection with finance and exploitation where I think you could really break some ground. Maybe I could give people a heads-up about it near the time if you chose to do something.
@ I’ll try to let you know, but who knows with me anymore. I think if you ever see me post a video again, just know that I’m back.
I've been watching your videos for years and years now and I love how you explain things, really easy to follow and understand
Enjoyed you introducing real life trading concepts in this video (mainly because I've been getting into them myself more recently)
It is such an interesting field isn't it?
These videos are my favorite of yours! Happy to see you made another one :D
Ty mate:) Yeah there's a part of my audience that absolutely loves these you are not alone. Problem is the other 75% prefer easier/fun things and tend not to watch so I don't make them much as I'd like.
When attempting a price reset you also need to take into account the posting fees. Some items have ridiculous posting fees and if you try to reset a market on something like 100000 potions on reset day and the posting fees are of any substantial amount you may shoot yourself in the foot by having your profit taken up by fees.
Yeah I use calculator tools for that which incorporate the fees. Important point. Difficult to know what to include-I feel like there was too much basic info in this already.
That's the art of the deal. I just got back into the game so this is perfectly timed.
Ty:) Welcome back!
I love this economics lesson disguised as a WoW video.
I'm more of a gambling math nerd than an economist. The problem with economists is that if their theories are bs they still eat. If you ever watch gary's economics you'll know what I mean.
Solid video overall.
Market resets are always risky as, like you point out, you need to sell for 5% more just to breakeven. It would be great if what was on the auction house was all that was available but you have no idea how much stock other players are holding on to and everyone will pile in as soon as the price goes up.
I don’t think you talked about available quantity either only price. Price being low is great for a reset obviously but available quantity is just as important. You’re not going to reset 250k of something unless the price is insanely low. On the other side you may be willing to reset something that is even above average price is the available quantity is really low.
The investment section is solid especially regarding seasonal rotations. I would add that it’s much more profitable to invest on things that you know are going to increase in value over time rather than on a seasonal rotation.
For example when an expansion ends supply of anything from that expansion drops dramatically but things that are evergreen like mounts, transmog, pets keep a fairly consistent demand. Lower supply and stable demand makes the prices go up over time.
For example I own around 80% of the stock of all the korthia shoulder transmog on both the EU and US region. I have got around a 3,500% return on many of these leading to hundreds of millions in profit as these just keep increasing in value as they get rarer.
The same principle applies to all such things. I’m invested in zereth mortis cloaks, Dragonflight transmogs etc etc. This is long term, taking years to fully sell, but it’s by far the best investment strategy in wow. I have made multiple videos on this in the past and others are starting to get success from it as well now.
Love your content I just want you to be careful as people will do reckless market resets and come blaming you when it doesn’t work out.
Kaychak
Wow Billionaire
Ty for interesting post. I'm off to a party today but I'll write a proper response shorty.
I haven't played this game in years yet here I am
This is actually a pretty good one for that. This knowledge has very general applicability.
My favorite strategies are arbitrage and undercutting in a very limited supply market (is there a term for this?)
ooooh nice, very much appreciated! I'm all-in with classic wow anniversary right now, immersed in the livestreams and playing my HC character, its unbelievably good and super unexpected but this video is a must for playing Retail again!
The footage is retail but I deliberately made it so that it is applicable to classic also and even non-wow players should find a lot of value here. Hope you benefit from it. Good luck with HC:) I never trusted Blizzard enough not to bug out my toon.
Archvaldor's Amazing Economic Lectures.
LOL.
Market Resetting is very easy to get burned by.
I tried doing something like that at the start of Dragonflight (first day), made some money at first, got burned once the markets started getting flooded. Basically I noticed that items that could form larger items with 10 of them were selling for MUCH lower than 1/10 of the price of the larger item, so I saw arbitrage, but market corrected too fast.
Absolutely. Execution risk is a real problem with arbitrage-arb opportunities tend to get a bit overhyped as powerful as the concept is.
Those shoulders are awesome! Thanks for the guide!
Thanks for the forecast! A bit off-topic, but I wanted to ask: I have a SafePal wallet with USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). How should I go about transferring them to Binance?
Lol , is this why i haven't seen you in Epic bgs. Damn . hope to see you soon mate. Thanks for the guide
you are probably not seeing me because my main account got banned. I'm in korrak a lot-you will probably work out who I am pretty quick. Say hi if you do and I will look out for you.
@@archvaldor aww, i will definately say hi.
I want to hear more about the sports betting, casino gambling and investments now.
do you suggest to save null stones for the next patch? 250g each rn, seems to be pretty low
It does but I would need to study that hard to make a judgement about that. There's always at least a remote possibility items like that become worthless for some random bs reason.
@@archvaldor if you ever study about that, let me know!! Btw, love your contents!
I love economics class as a wow guide.
Breg vids used to talk about this stuff big time too!
Yeah I loved breg kinda miss him.
Great guide here Arch
Cheers mate:) Going on a big erosium yt session now:)
@@archvaldor I love these in-depth talks about interesting subjects like flipping and macro flipping economics. I am currently paused on content as I am moving home, will be back to the content grind in 2 weeks
@@ErosiumTV GL with the move mate they can be so exhausting. You are dead right to take time off.
I spent a shit load of gold on the worst possible item (lw drums) near the end of dragonflight and lost it all. Learned a lot from this vid
Ouch. From what I recall there was a major procedural change there, not your fault. Bad stuff like that can happen even to the most sophisticated investor.
time is money, if you make 60silver by buying cloth and making bandages every sec is 2.1k/hour really worth it? i mean i guess semi afk gold is easy gold and thats 2k more when you did dishes is kinda nice, but idk about doing it actively.
I wouldn't recommend that strategy personally. Barrier to entry is a bit too low.
Imagine having a degree in these kind of economics but resorting to pickpocketing mobs in-game because one wants to just have fun. However, pretty effective video!
LOL been there done that:) was actually pretty good in classic....
@archvaldor Hmmm lockboxes... juicy, juicy, lockboxes with silver and the occassional 50+ Epic.
@@Margonite You know how to sweet talk me Margo...
I am glad that this is at least outh there, these are relatively simple conceps from real economy just applied to a game. Considering the average age of a World of Warcraft player it is truly baffeling to me that people struggle with this. You can do wonders with a basics that TSM provides such as Daily ammount of items sold, historical market price and current price.
I sadly belive in the fast paced youtube game that this will sadly not touch too many people as this video is quite information dense, though that is great for the enthusiast not very appealing to the masses. Most will just want content shoveled straight into their mouth such as "oh em gee look at this perfect farm it shall make you millions upon millions, GET RICH QUICK" *ehm ehm certain studious sea fowl*
Yeah pretty much. I knew this would be a lower performing video but it contains some of the best content I've produced so I'm guessing it will provide more value to viewers. Btw Flop is very smart don't get intimidated if you are reading this and don't find it as easy to learn.
great guide eventho i dont really understand. this is the 1st expac that I really made gold. previous expac I was having hard time to reach 1mil. omw to max my bnet balance
I'll try to be easier to understand in future, sorry. This has indeed been a great xpac for gold-making, wp!
@archvaldor no worries. its just some terms youre using very complicated for me lol
Think I need your Patreon now, I'm interested in the system since weeks and now my interest shifts to real markets
You'll be very welcome. I should be posting some tools which will help a lot with this stuff today or tomorrow.
13:37 I’m surprised that’s still a thing though to be honest I remember way back when I played wow and ied get this gear from before wow had expansions see just how much people were willing to pay for it and asking why as it looked horrid but people are odd especially when it comes to memberberrys.
Regarding the shadowlands thing, a friend told me they were unable to access the flightmaster to go to Ardenweald, but I told them to use the mythic plus timeways portal and that was accessible. Bastion should be accessible too. So it’s mostly Revendreth and Maldraxxus that new players likely cannot reach.
Yeah that's a cool workaround. You might want to check out how many people are searching for that one-publishing workarounds for glitches is partly how I blew up my channel since people NEED to know that stuff. I know its a hot thread on bug report.
alright yeah, maybe I’ll make it a vid
my english not that good and i love watching ur guides ( this video a bit hard for me to understand ) , what i understand from this buy item at 1 gold sell at 2 gold if that item can hold the price for long , ty i hope i didn't fk up xd
That's the basic principle yeah! You'd be surprised how many people struggle with that:)
@ i think ur guide more for old players who can know which item price will hit so hard at that specific time , for me for example i start wow 1 year ago and have no idea what items will be good on upcoming events, but ty so much that will open my eyes on alot of things
I think its time for ashran solo again haha
Yeah gear is at the level where that's practical again:)
More importantly learn to stop-loss or you might lose all your capital like early season forged combatant's heraldry flippers
LOL! Was that a thing? I trade those all the way as it is a cost-free way to experiment.
@archvaldor the first week price tanked down from 200-400golds range to 50 silver. I feel bad whoever bought them in bulk or tried to reset the market
You cant drag investment theory into wow. There is no risk in wow, people react on feelings , hate etc which you will never see in a real life investment market.
Trust me fear etc are very real factors in wow trading at higher levels at least.
at 6:45 the text is overlapping, otherwise great video 👍
Oh damn ty. Sorry there was so much stuff here I knew I'd get something wrong lol. Hopefully the points still come across.
First
Do you have a discord? I found a cool xp farm I wanna show you