Top 3 Strategies to Lose WoW Gold

There are dozens of ways to make gold in WoW, but it's just as important to know how not to lose it. If you're making mistakes that cost you thousands every week, you will never fulfill your potential to be rich, even if you're dominating the AH in your server. So here are the top 3 strategies that will make you lose gold. Pro tip: don't follow them.

Trying to control a market

Let's picture this scenario: you see a specific market where everyone made crazy undercuts and sank the prices below crafting costs. The market has been like that for weeks, you happen to have a load of gold in your bag and you think "You know what, I could buy all this and just post the items and reset this market by posting at any price I please". STOP RIGHT THERE!

This is one of the most dangerous things you could do with your shiny hard-earned gold coins. Some will say it's a high-risk/high-reward situation, but it's a trap. It's like shifting sands, where the more you move trying to get out, the more you get stuck in there (increasing your chance of dying, by the way).

If you want to continuously control a market you will need to buy every single item day after day. You might be able to earn some gold for a while, but eventually you won't be able to catch up with all the players who post items every day. This is specially true in high-population servers, where the goblin-to-normal-player ratio is 1 to 100,000. Over time, this procedure will become to heavy for you to handle and you will start losing money. Don't throw your gold coins in a bottomless pit.

Uninformed flipping

So we all have that friend who made millions flipping items on the AH, taking advantage of the poor blokes who wrote a few less zeros than they intended. That's actually a good method to become rich in this game, but it's not as easy as it seems. 

Some markets are being manipulated by some players to trick you into thinking they're worth more than they really are. You see, when you're scanning the AH prices, several people have posted items way more expensive than they should be just to make you record that price and consider it "market price". After a few AH scans, the more uninformed goblin could start thinking every price in his database is fair, and suddenly every single BFA BoE will seem like a bargain you can flip and triple your investment. Never forget: you need more than a few AH scans to consider your database reliable, and even after dozens of them you should always be careful and make sure you know what you're doing. For example, check out resources such as the Lazy Goldmaker's guide to flipping BFA materials or other resources you can find online!

Don't let yourself become that poor uninformed goblin who lost thousands trying to be a flipping master.

Not adapting to change

This is the most important point on the list. Like any economy, WoW's economy is dynamic and goes through continuous change. Market trends rise and fall, and a savvy goblin knows how to ride these waves without stress. If you're not able to adapt your strategies and create new ones you risk losing thousands of gold or earning less than optimal amounts of it. 

Even if Blizzard nerfs one of your gold-making methods you should always accept it as part of life and move on to finding new markets. This way you will save yourself the stress of losing a source of income, and at the same time you can look at it as a chance to go through the fun process of finding new markets to take advantage of! There's no point in becoming toxic about it. This is just a game and these challenges are part of it.

Are you guilty of any of these mistakes? Let me know your worst AH mistake in the comments below!

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