The L-word

A while ago I decided to start up a trading character. Seeing that a lot of people seem to make most of their ISK from trading. I also decided to no longer sell my manufactured goods to buy orders (I know it’s horrible that I even did it!).

Now we’re a bit further in time and my trading character is doing, okay. He’s not doing great, but it’s definately not bad either. I gave him a few mill to start with, and he currently has a tenfold of the starting amount.
Which I don’t get, at all. Why? Well I still have no idea what I’m doing, I’m just winging it, the whole buy low sell high thing works, but I have yet to figure out the goods to trade and the why behind of it.

Well I think we all know the why behind of it, but it makes no sense. People are lazy. That is the only reason that some make a lot of money on them. It’s easy, people don’t want to spend their time jumping around to get their goods, they want one point where they can get them.

The perfect example for this is Jita, everyone knows that if you need something, Jita is more than likely the best place to find it. And it’s true, you will find it and chances are you won’t find it anywhere cheaper nearby. I’m guilty of doing this myself, I go to Jita when I need something, but I live 4 blocks away from the hub.

I’m still searching for the right combination of buying and selling though, right now I’ve just been lucky, scouring the markets for something to buy I suddenly find sell orders that go for way too little, I buy them, relist them and blamo, I’ve got a profit margin of 15-30%. It’s not that hard a job either.

But it does take time, especially when you haven’t got a focus point yet, as I told you earlier, I’m winging it. So I’m not doing one set of items, I’m looking at EVERYTHING. And that’s a lot of items, too many even.

Despite the fact that it works, I’m not doing that anymore, I currently have 100m on the trading alt, and I’m searching for the right investment to put it in. I hate browsing the market for hours 😉

Stay tuned o7

A fine line

There’s a fine line between EvE being just a game, or it being close to a second job, and I think that I’m threading said line.

When trying to make ISK in the game, there are a multitude of ways to do so. You can mine rocks until you’re cross eyed and sell either the rocks or the processed goods. You can go out and do missions, earning bounties, salvage and loot. There’s null sec ratting (which is supposedly something that’ll make you earn quite a bit), exploration, industry, piracy, trading,…

There are so many ways of making ISK that it’s hard to pick one that you like, especially if you’re like me and haven’t even tried half of it yet.
But right now, my way of making isk is with industry, I create T2 items. Which means that I need bpc’s for them, which I get by copying T1 BPO’s and then put them in one of my invention slots at the POS.

There’s only a certain percentage chance that said bpc turns into a T2 bpc, without using decryptors and such I usually get around 55% chance of a T2. Which is pretty good, datacores aren’t too expensive and I have all the chips. I make a nice profit doing so.

However, I noticed that when I make things that only take a rough 10 hours to make, I start thinking of EvE as a job. I need to log in to do my invention once every hour, click and click and click because of the POS mechanics not allowing me to create batch jobs. And then I need to make sure that I have all the material to create said items.
It’s not that hard, but all the clicking can get to you.

A friend of mine told me that I should slow down a bit once the invention starts to feel as a second job, I would love to do that. But doing so would make it problematic for me. I really, really don’t like seeing my manufacturing/research job queues empty.
It’s something that makes me feel guilty, not using the full potential of a character. Already I put a few ME jobs up just because I didn’t want those empty slots just sitting there.

It’s time for me to start looking into other ways of making ISK though. Mission running is fun and all, but it gets boring too. You can only do so many level 4’s until you get cross eyed.

Maybe I should try my hand at trading. If only I knew what I was doing, that’d make things a lot easier for me.
If someone feels like mentoring me in the ways of trading, be my guest! Your help will be appreciated and you’ll get a virtual cookie out of it!

Stay tuned o7

Please restock..

I forgot how annoying it is when you don’t have the correct amount of materials in stock when manufacturing. A month ago I made sure that I had enough materials for my manufacturing runs for the next two months. That was before I decided to start doing it with an extra character.

So yesterday when I logged in on my alt account and wanted to create a few hundred T1 modules that I will later turn into T2, I was confused at the fact that I didn’t have enough materials.
This is why you should plan, and why you should have enough in stock. I have flown to Jita for different things, so many times, instead of just going there, buy everything I need, and then fly it back home.

I’m starting to learn though, yesterday I made sure that I have enough raw material to last.. Well I have no idea how long it will last. Despite me knowing that I shouldn’t, I still use my liquid ISK as a marker on how “space rich” I am. Which means that I don’t want to spend too much ISK on materials.

I did spend about 1b on fuel and 1b on materials. So I’m back down to 2b liquid ISK.

I’m kind of hoping that fuel will skyrocket with Rubicon and then I will sell a bit seeing that I’m going to start making my own. But we’ll see if that’s going to happen or not.

Boom!

I found a few screenshots with explosions in it… I think I will go run some missions, if my girlfriend doesn’t come over at least.