Even then, margins are much better if you start with ghost iron ore, smelt it and transmute it with a transmute master. Every trillium proc is an extra 500g free, every LS proc is an extra 3000g. If you're just buying 30 living steel there is no profit when you account for jards energy sources being about 700g a piece on some servers. 4200 Ghost iron ore is what you need. Arrange your toons with professions to max that out.
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I have been playing since 2005. I have never really relied on the auction house to make my gold (I don't have the time, what with me having a life and all). In fact, I hardly ever use it. But as the years went by, I've always managed to get my gold total to progressively increase with each expansion. Not so with BFA. In fact, my total has actually gone down since BFA launch. Is this normal? Yes, I have been buying items from the rep guys, but I do that with every expansion. My gold started stagnating a bit before BFA, but since launch ... wow! I guess I can kiss that dinosaur mount goodbye!
Sorry about the salt but jeez, stop listening to guides. Just check your AH, see what old mats are low in offer, and go get em. >FOR EXAMPLE<, ghost iron ore is a gold mine right now, cause nobody can sustain the demand, and prices are way up. Plus side being, old farms are optimized like hell. You can fly in the old world, mobs won't bother you, no one is there to take your nodes, and there are plenty of items to make the most out of it. Which means it's way easier and requires less effort than farming in BfA.
That's where i'm at now. I got into it late. I had 40k to start. Sold fish up to about 100k total starting capital. Started making and selling decks when they were going for 80-200k on my server. Morons have repeatedly undercut decks by 30-60k at a time even after the market has been reset (not by me) multiple times. Now the decks are 25-80k... I did manage to make 3.5m gross in the last 2 weeks. Now the individual cards are selling for MUCH less than the decks so I may stop crafting myself and just start buying the individuals... idk where to go from there though. Do you think the decks will hold any value moving forward? I'm kind of hoping for something similar to obliterum in legion to increase the ilvl and keep them relevant.