Tuesday, October 26, 2010
So two guys sit down at a bar....
This month the JMTC Blogging carnival is about "Mistakes You've Learned From While Playing the AH".
I have given this subject a lot of thought, I've considered telling a story about the time I confused a Black Tabby with one of the Siamese Cats and sold it for 15g instead of the 1000g it was worth. I've considered telling about the several times I've tried to Corner a market by buying all of an available stock and re-listing at a profit (this almost never works) only to realize I had neither the time nor the will to maintain a market and ended up loosing hundreds of gold. I could even bring up the recent mistake that most of the gold blogging community had made with Buying up mats for a cooldown removal that never happenend!
Instead I have decided to supply you with a different story.
There are two guys sitting in a bar at the top of the Empire State Building. The first guy has black hair, and the second is a blond. They sit there, drinking their booze, when all of a sudden the black haired guy looks over at the blond and says "Hey man!, Want to see something amazing?". The blond guy looks up from his drink and responds with a "Sure man". So the black haired gentleman walks over to the window, throws it open and steps outside. To the blond guys amazingment instead of falling to his death, he just seems to float there he then steps back in through the window and continues drinking. The blond is amazed by this and says "MY GOD MAN!!!! How did you do that?"; "Easy" says the black haired man "At this height the wind is blowing so hard against the building that the force will hold you there and you won't fall.". The blond man says "I have to try that!" and runs over to the window, throws it open and steps outside. He plummets the full length of the building only to splatter on the sidewalk below. The bartender looks up from his paper at the black haired gentleman and says "You know, you're a real @$$ when you're drunk Superman!"
Now you might be asking yourself what this has to do with gold making. In truth, there is quite a bit to draw from. I have found a lot of the people that come to our blogs are new to gold making and trying to find a way to get ahead, buy their epic flying, or just wanting to build a nice nest egg for Cataclysm.
Yet most of us (the gold blogging community) are rather well established. We have large sums of gold to waste, and although often we are giving you great tips there are times that these tips are also speculation and are not always sure fire ways to make you gold.. Our goal for us is to make you rich (just not as rich as us). Sometimes, however, you need to take a closer look at what we are saying and make sure it's right for you. If we have a post that will require all of your capital, it would be a mistake to wager it against what we say as gospel. If you do not understand the market the tip comes from it might not be right for you. It may pay out big, but there is always the chance that you will lose everything. If we offer you a tip it is not guaranteed to work on your server (although the ideas themselves are normally very sound).
What we truly want is for you to keep the gold you have, to prevent you from making the mistakes that we have, and to help you work through the ones that you will make yourselves. We all learn from these mistakes, and these mistakes define us and make us better for it. So be careful of the advice you get from people you don't know. It may not always be in your best interest.