Accumulation's Adventure
10,000G!

I unloaded all of Accumulation’s Volatile Water at 24G each yesterday, and it brought her well over 10,000G:

11,470G to be exact. The actual total is even higher. When I snapped this pic, I didn’t realize that the money from two Volatile Water stacks hadn’t yet come in. So Accumulation actually has about 12,200G. 

The question is… where does Accumulation go from here? Trying to corner an even higher-end market, like Maelstrom Crystals or Truegold? Searching out cheap epic weapons to buy and relist?

This is uncharted territory, at this point. I’m not really sure of my next move… 

Having Good (ie Lucky) Timing

Accumulation frequently does little things that I don’t write about. Buying five cheap Volatile Airs here, a few herbs there, etc. Generally, there is one area of “focus” where the bulk of my attention (and money) is being spent. For a while now it has been Volatile Water. But if I happen to stumble across a stupidly-cheap auction elsewhere, outside of that focus, I’ll still snap it up.

Today, one such auction popped up. Seven stacks of 10 Volatile Earth (70 total) were being sold for 9.4G per per item. Volatile Earths have always been 20-25G, on my server.

So, I bought all 70 and immediately relisted them for 24.2G - the cheapest listings, at the moment. 40 of them sold before I could get back here to write this post. The other 30 will be selling shortly, I’m sure.

Opportunities like this are basically like finding free Gold lying on the ground. In this case, I’m going to net 840G just from this simple Volatile Earth flip.

There is no trick to these auctions. It’s just about being there at just the right moment. Accumulation is not an auction hawk, believe it or not. I’m only on the toon twice a day, fairly briefly. The key is to recognize these opportunities when they pop up, and to not hesitate to take advantage of them.

Drawing Down Volatile Waters

Just a quick update - a few more Volatile Waters were bought & sold, yesterday. In my previous update, Accumulation had 407 Volatile Waters and 600G. She now has 356 Volatile Waters and 2,333G. 

Although this entire experience has been educational (and lucrative!), I think I’m going to prepare to rapidly draw down my stockpile of Volatile Waters and move on to something new. If I unload all 356 V. Waters I own at 20G each, Accumulation would have about 9,400G.

So basically, I can very slowly sell V. Waters for 30G and end up with 13,000G, or very quickly sell V. Waters for 20G, and end up with 9,400G. Although I have consistently been selling stacks 10 and 20 at the higher price, the idea of dumping them all, and running with my 2X profit is becoming more and more appealing. 

I’ve always had it in the back of my head that I might retire Accumulation when she hit 10,000G. I just didn’t expect the toon to approach that level this fast. Perhaps I’ll have to move the retirement goal to 100,000G…

Neck Deep In Volatile Water

The Volatile Water trading adventure continues. Rather than get out of this game by trying to draw down my inventory, over the last few days I have actually been picking up more and more of them. It all started when someone listed over 100 Volatile Waters for 10G each - literally the cheapest I have ever seen them. I practically had to buy them, just to bring down my average purchase price.

Like I mentioned last time, it is hard to report on what’s been happening or whether things are going well or not, because it is constantly in motion. At the same time I am selling piles of Volatile Water, I am buying even more piles. I think the 100 V. Waters I picked up for 10G have strengthened my position, though. 

Previously, I had 1100G and 258 Volatile Waters. I now have 600G, and 407 Volatile Waters. So, although I have 500G less in my pocket, I also have 149 more Volatile Waters. That means, through various sales and purchases, I acquired those 149 for an effective price of 3.35G each. Of course the actual purchase prices were much higher, but that cost was off-set by the successful sale of a few of my own Volatile Waters at 29-30G.

If Accumulation sells all 407 V. Waters at her asking price, she would have 12,700G. If she unloads them as the cheapest on the AH (17G), she would have 7,500G - still a hefty profit.

I’m not selling many Volatile Waters for my 30G asking price. 20 here, 5 there, etc. But every single one I do sell at that price strengthens my position a bit more. Consider this: Accumulation could now unload her entire supply of Volatile Waters for 10G each, matching the cheapest I have ever seen them, and she would make back every single copper invested in this venture. So this is now essentially a can’t-lose situation.

So for now, I am content to sell slowly at 30G, and buy voraciously at 10-15G.

Neck Deep In Volatile Water

The Volatile Water trading adventure continues. Rather than get out of this game by trying to draw down my inventory, over the last few days I have actually been picking up more and more of them. It all started when someone listed over 100 Volatile Waters for 10G each - literally the cheapest I have ever seen them. I practically had to buy them, just to bring down my average purchase price.

Like I mentioned last time, it is hard to report on what’s been happening or whether things are going well or not, because it is constantly in motion. At the same time I am selling piles of Volatile Water, I am buying even more piles. I think the 100 V. Waters I picked up for 10G have strengthened my position, though. 

Previously, I had 1100G and 258 Volatile Waters. I now have 600G, and 407 Volatile Waters. So, although I have 500G less in my pocket, I also have 149 more Volatile Waters. That means, through various sales and purchases, I acquired those 149 for an effective price of 3.35G each. Of course the actual purchase prices were much higher, but that cost was off-set by the successful sale of a few of my own Volatile Waters at 29-30G.

If Accumulation sells all 407 V. Waters at her asking price, she would have 12,700G. If she unloads them as the cheapest on the AH (17G), she would have 7,500G - still a hefty profit.

I’m not selling many Volatile Waters for my 30G asking price. 20 here, 5 there, etc. But every single one I do sell at that price strengthens my position a bit more. Consider this: Accumulation could now unload her entire supply of Volatile Waters for 10G each, matching the cheapest I have ever seen them, and she would make back every single copper invested in this venture. 

So for now, I am content to sell slowly at 30G, and buy voraciously at 10-15G.

Sold 40

Taking what I learned from selling large amounts of Volatile Life, I decided to list Accumulation’s 258 Volatile Waters in large stacks. Five stacks of 20, one stack of 50, and one stack of 100. I listed them at 30g - considerably more than the going price for a single V. Water, but they would be the cheapest large stacks. 

I am increasingly of the opinion that selling Volatile elementals individually is a bad practice. You make less money, face much stiffer competition, and spend much more time unloading a large volume of goods.

The proof is the in the results. I sold 40 Volatile Waters for 30g each, at the exact same time that individual Volatile Waters were selling for 17g. I knew people were lazy… but this exceeded even my expectations. The individuals that bought my two stacks of 20 each spent 260g extra just to save on a few (probably under 100) mouse clicks.

The remaining 210 Volatile Waters are still for sale, but my listings are no longer the cheapest large stacks, so I don’t expect to sell any more until they expire and I relist.

It isn’t cheap listing and relisting this many Volatile Waters - several G each session. But it is more than worth it. For a little perspective, the ~15g profit earned selling one Volatile Water at 30G  covers the cost of relisting all 200+ remaining.

Controlling a Market

Perusing the auction house about a week ago, I saw the type of opportunity Accumulation can best capitalize on. About 2000g worth of Volatile Waters were for sale for 25G or less. After that, there was a big jump in price, up to 37g. The idea was to buy up all that inventory on the lower end, and relist for just under 37g.

Accumulation had about 4400g at the time, so she would still have 2400g to buy out anyone who undercut her listings, increasing the odds that her listings would sell.

It worked… sort-of. Like all of these auction house excercises, I learned a lot of valuable lessons:

1) At certain prices there is heavy reluctance to buy. My 37g listings were the cheapest on he AH for quite a while. The better part of an afternoon. But being the cheapest doesn’t guarantee a sale. The price was about 150% the normal price, so they sold slowly. People only bought them if they really needed to. Others undoubtedly decided to come back in a day or so.

2) The window of opportunity is small. Once the price of Volatile Water climbed into the 37g range, seemingly all 10,000+ people on my server that had any in their bags decided it was time to unload their inventory. In almost no time at all, over 300 new Volatile Water listings popped up, all cheaper than mine.

3) You need far more G than you probably think. I spent less than half of Accumulation’s initial bankroll buying up the initial Volatile Waters. But the rest of the 2400g evaporated very quickly, trying to snap up any listing that appeared to undercut me. I was soon out of money, and no longer able to control the market.

So… did the experiment work? It is still too early to say. The Volatile Water situation remained fluid (har har) for several days. I did sell over 120 of them at over 35g. But I was using those proceeds to buy up more, to strengthen my position. Some on the cheap, for 15-19g. Some for nearly 30g, depending on the situation.

The end result? Accumulation now has 1100g and 258 Volatile Waters. This means, after all that buying and selling, she has effectively acquired 258 V. Waters for 3300g. The question now is, can she sell them for more?

If she unloads them all as the CHEAPEST current listing (14g), she will earn 3,612g.

If she unloads them at the current stable-ish “going rate” (24g), she will earn 6,192g.

If she manages to unload them at her original asking price (35g), she will earn 9,030g.

It’s tough to gauge how well an activity like this is going, when you’re in the middle of it. If you sell 20 overpriced Volatile Waters, but use the proceeds to buy 30 cheaper ones, has anything truly been gained? So it is helpful to look at the situation in the above terms. 

Unloading her ENTIRE supply, in the low teens, still results in a net profit of 300g, thanks to all the high-priced auctions Accumulation has already completed. A very disappointing result to be sure. But it is encouraging to know that the worst-case scenario still results in a profit.

So now Accumulation just has to determine the right time and right method to unload her 258 V. Waters to maximize profit. 

4000G!

When I make an Auction House move with Accumulation, it is pretty much guaranteed to be a big one. Some are smart, and some are dumb. But none are small. At the time of my last update, Accumulation had just over 1400g to her name. Thanks to some misc. auctions (enchants, gems, volatiles) that amount had grown to about 1900G as of a couple days ago. Then, an opportunity knocked, and Accumulation answered.

Volatile Lifes were cheap. CHEAP. There were nearly 200 Volatile Lifes (10 stacks of 20) for sale for 3G a piece. THREE. And then there were another 200-300 for sale for 4-6G each. 

Without hesitating, I spent literally all of Accumulation’s money buying up each and every cheap Volatile Life. I knew for a fact that Volatiles could sell briskly at 8-9g on my server. So it was guaranteed that she could sell the Volatiles for a profit, eventually. All that was unknown was how much profit, and how long I would have to sit on them.

I documented the trades with lots of pictures, but unfortunately I lost them in some computer crashes and other technical difficulties. Long story short, all 400-500 Volatile Lifes were resold for over 8G each in under two days, resulting in a total net profit of 2200G, bringing Accumulation’s total bankroll to 4,132G. 

A few screenshots made it through the computer issues. Here you can see that I’ve made back almost my entire initial 1900G spend, and still have 232 left to sell. So all the remaining V. Lifes are pure gravy:

Checking my in-game mail after some successful trading sessions:

I learned a lot in this process. I sold not one, not two, but THREE stacks of 100 Volatile Lifes. All three stacks sold faster than the individual volatiles, and even faster than stacks of 20. When individual V. Lifes were selling for around 7.50g each, I was selling stacks of 100 for 850g (8.5g each). 

There is a lot of competition on the individual level. You might list 20 Volatiles for 9g, and someone else will come in and list 20 more for 8.99g. It would have taken weeks to sell all 500 this way, and I’m not even convinced I would have made more money with this sales method.

I certainly participated in these price wars to a certain degree (as you can see in the sale receipts above), but for the most part I rose above it, selling my stash of 400-500+ V. Lifes in lots of 50 and 100. People will pay more to buy in bulk, not less, in order to save on mass mouse clicking. 

I would love to repeat this process, but my actions actually moved the Volatile Life market on my server. The cheapest Volatile Life is now about 9G, with many listings around the 10-11g range.

I think I might set a price floor for Volatile Lifes and the other elementals, and if they drop below that price I’ll just snap up any available supply, as a rule. If I can buy Volatile Lifes at 6g or less for example, it is pretty hard to lose, over the long term. I’ll need to pay closer attention to the other elementals to determine what their “must buy” price will be.

Hard-Earned Rewards

In celebration of Accumulation earning her first 1000G on the auction house, I decided to reward the toon. I’m not much of a “role-play” guy. I don’t give any consideration to my characters’ back stories or anything of that nature. Accumulation, despite her silly name, is the lone exception. 

I do think of her a little bit like a proper character, since she isn’t a normal WoW toon. Instead of aspiring towards adventure and Old God toppling, she just wants to live in the city and make money non-violently. 

So I figured that now that she had a 1000G bank roll, it was probably time to, you know, get her some clothes. No more running out in public in her underwear:

The clothing is still just a cheap crafted Simple Dress bought (where else?) off thr AH. Accumulation may be moving up in the world of WoW, but she still remembers that she started with just 7c in her pocket. Maybe at 10,000G I’ll spring and get her some fancier clothes.

The other purchase as a little more practical - some bags! As with the dress, I still only purchased some small six-slotters. Since Accumulation isn’t a bank alt in the traditional sense, she doesn’t have much need for storage. Still, even with just the six slot bags she now has much more storage space than she had before:

1000G!

Apologies for the lack of updates. As I explained in my last update, the only thing Accumulation could do was wait. Keep an eye on the Volatile elemental market, wait for the right opportunity to relist, and profit!

I’m happy to report that last night the right moment finally came. I managed to sell ALL of Accumulation’s Volatile Lifes and Volatile Waters. The sale brought her total bankroll to over 1000G. Well over, in fact:

1438g 57s 65c, to be exact. So, for those keeping track, that is 7c to 1438g in about 18 days. I took a look at Accumulation’s /played time and she’s at 13 hours. Not too shabby!

The total Volatile Life profit ended up being 294g, and the total Volatile Water profit ended up being 96G. Not much on the waters, but at least it didn’t result in a big loss, as I first feared.