Predicting changes in the market can make quite a bit of gold if you’re right, loose gold if you’re excessive about it, and not gain anything if you’re wrong and prices don’t change.
Today’s quick economy tip is predicting changes for 3.0.8.
With some of the changes to recipes, certain items will raise in demand once the patch hits. Many players in the game don’t save up for a big event and instead go buy what they need when they need it.
One example was inscriptions. Herb prices shot up 3-6 times the normal prices. Those who pre-purchased the herbs to level were able to make quite a bit of gold. Other people (like me) purchased herbs the second the patch notes hit about which ones were useful at current market prices. I ended up making about 20k profitin one day. (50k profit total from all the herbs I purchased).
Here are some tips:
· Buy items at the current market price, if nothing changes you can resell them again (don’t flood the market all at once!) and recoup most of your money back.
· Don’t be the first to list the items, or list them slowly throughout the day after the patch hits. The highest prices I have seen happen about 12-24 hours after the patch goes live.
· Not every prediction of the market changes will happen, it depends on your server, if there are other people doing it and how the market reacts with farming the items that shoot up in price. However, as with any major change in demand, something will happen to the market, the most likely response is prices going up
· If you don’t want to “gamble” gold on the market buying up stuff that will go up in price later, then save the items that will increase in value until the patch hits. Sell off the items that will decrease ASAP.
And here are my predictions of what will happen:
|
Prediction on market value |
Why? |
What should you do? |
|
Dream Shards will increase |
Many Enchanting recipes are changing. They will now require less dust and essences and require more dream shards. |
Save any you have to sell in 3.0.8. Purchase below market value ones to save to resell in 3.0.8 |
|
Frozen Orbs will increase |
These (along with some green quality gems) will be used by Jewelcrafters to turn into Rare gems. Also they will be needed for epic leg armor. |
Save any you have to sell in 3.0.8. Purchase below market value ones to save to resell in 3.0.8 |
|
Musselback Sculpin, Glacial Salmon and Nettlefish will increase |
The Fish Feast will be added and guilds that use them will be looking to buy the ingredients to make them for raids. |
Save any you have to sell in 3.0.8. Purchase below market value ones to save to resell in 3.0.8 |
|
Low Level herbs will decrease |
Since Ink of the sea will be able to be exchanged for any lower level in the game, Inscriptionists leveling or crafting glyphs will most likely use these turn ins, since Northrend herbs are easier to farm with a flyer mount than low level herbs. |
Sell any you have now. |
|
Northrend Darkmoon Faire cards will decrease |
Snowfall Ink will be able to be obtained by a turn in of Ink of the Seas so it will not be as expensive to make these cards. |
Sell any you have now. |
|
Snowfall Ink will decrease |
Since you will be able to obtain the ink from Ink of the Sea turn-ins, there will be more available supply. |
Sell any you have now. |
|
Ink of the Sea will increase |
It can be turned in for any other ink in the game. Since more inks cost more than this ink, people will be using this method to obtain the ink’s needed to level or crate glyphs. |
Save any you have to sell in 3.0.8. Purchase below market value ones to save to resell in 3.0.8 |
|
Eternal Lifes will increase |
With the increase of crafting Northrend Darkmoon Faire cards, will be the increased demand for Eternal/ |
Save any you have to sell in 3.0.8. Purchase below market value ones to save to resell in 3.0.8 |
|
Cobalt ore will decrease |
The reinforced Cobalt items will no longer be highly profitable to enchanters. Less demand = lower price. |
Sell any you have now. |
|
Frostweave cloth will decrease |
Less Frostweave bolts will be needed to make an Imbued Frostweave bolt. |
Sell any you have now. |