You've heard it said before, but when a new expansion hits you'll be doing yourself a disservice by trying to be the first max skill black smith or whatever. I know I may be a bit late on this one, but with the markets still fluctuating so much it still warrants mentioning. Look at the price of ore and gems on your server. 200g a stack of ore? 150g fro a rare gem? Screw that noise. Now I'm sure almost all of you were around when WotLK was new and saw how all of that went. Shit I remember a friend selling stacks of friggin' cobalt for 100g for a month solid.
This falls into one of the few extenuating circumstances where I go against my golden rule of no farming ever. At times like this farming can potentially net you more G/hour than any AH baron could on that same day. The reason for this is the same as always: wooo shiny! It's new! It's different! It's HIGHLY in demand with a presently very limited supply. And so then it's just a matter of following the basics of economics, supply and demand.
What a good goblin would do is take all the materials they acquired from leveling and AH them asap while leaving their professions at 450ish. I mean sure you can get a nice BS pattern and make a good tip and if you're lucky sell it for a profit at current prices. But think about the market for that for a moment. Cutting edge players, plenty of loose cash, not too bright. There aren't a lot of people around that meet all of those qualifications.
So it follows that selling the mats while prices are sky high is the best course of action. And once prices drop and finally normalize you can then buy back all the mats you sold for 1/10th of the gold you sold them for. Sure would be funny if you buy the same stack of ore from the same person for 10g when you sold it to them for 200g wouldn't it?
Amusingly enough though, I'm going to be going against both of those suggestions myself, farm stuff and don't level profs. I'm not going to farm a thing and use any and all mats I get to help level my profs. Simply because I can afford to and hate farming. However if you don't have a large bankroll it's in your best interest to find what the high priced mats are and farm them while ignoring your professions. Serious raiders who need the perks excluded of course.
This blog is about discovering all of the ways to make money in Rift. There are no cheats, hacks, or exploits used in any of my methods.
After amassing a 2 million gold fortune in wow I decided to come over to Rift and see how well I can do there. It is my belief that the game does not matter as much as the methods used and mine have already been proven to work and work well.