Time equals money

by In Uncategorized Tagged , , , , , , , , 1 Comment
It’s been a busy week for me, and I’ve finally found some time to write things down again. I feel a bit guilty for not writing more blog posts, but c’est la vie. RL always comes before the EVE life.

Speaking of which, I still haven’t found what I want to do, mostly because of the fact that I haven’t been doing much the past couple of weeks. I spent a few hours making undocks in different stations, just because I needed to find something to do and I felt like making these makes my life a lot easier.

So I took a cloaky cheetah, went a few jumps in Low and spent a few hours making undocks. Which gets boring, very, very fast.
What do you mean, this can’t be done faster?

Industry wise I’ve been slacking. Not only have I stopped my invention, I have stopped manufacturing altogether. Not because I want to, but because of time restraints. I don’t have that many blueprints, but I have a whole bunch of BPC’s that I still need to invent. Problem with this is the fact that I haven’t actually gotten myself the data cores for this.
And every time I got to Jita I forget to take a bunch of them with me.
But! The good news is, because of the fact that I just wrote this down, I have put up a few buy orders for around 500 of each data core. So here’s hoping I can get back to that.

I’ve also put up a bunch of buy orders for the materials I use in manufacturing. This ranges from Tritanium to Guidance Systems to, whatever else I need and that I can remember without looking at my spreadsheets.
I’m not sure how much time I will be spending in the game this weekend, but I do know, or at least hope, that a few of those buy orders will get filled.

As for trading in general, well seeing that I haven’t logged on since last Sunday on my trader, let’s just say he’s doing nothing at all. I have just put up 1.2billion in buy orders with only 600m in ISK in his wallet. How I love Margin Trading *grins*.

If, and that’s a big one, they get filled, I can make at least 2billion on this. But that’s a big if. 0,01 ISKers are still the bane of my existence and I’ve had a few days where I just wanted to stop trading, seeing that I’m actually not that very good at it.

I’ve looked into inter-regional trading, but every time I look at those hundreds of possible items, I start to feel like it’s an impossible job for me to make money on it and I close it down again.

Maybe trading isn’t quite meant for me. We’ll see what this current batch says, if the station trading finally picks up, I might change my mind. It’s the weekend, so that means more sales and more buys.

Or at least.. It should

Stay tuned o7 

Industry and Guilt

by In Uncategorized Tagged , , , , , , , , 1 Comment
The problem with manufacturing T2 is invention. You need to have invented blueprints in order to do something with your lines. And that’s where I’m slacking on. I got bored of all the invention, every few hours checking in on EVE to put new copies into the mobile laboratories. It’s something that quickly becomes a drag.
But now that I stopped doing that for the mo
ment, I feel guilty for not using the POS. Sure the others in the corporation are allowed to use it, but we’re pretty small (there’s three of us) and the other two don’t actually use the POS. They are quite clueless about how industry works.

Which I get, it’s not easy to get into and it definitely is not something you can do without the correct amount of SP.

So what am I doing now with all those open slots? ME research on several BPO’s I had lying about. They’re not actually worth anything but at least that way I’m actually using the slots and I don’t have to feel too guilty about it.

As for my other characters. Well I have had almost no time to past couple of weeks, other than updating market orders and taking my Cheetah out that one time I have done close to nothing worth of note. Which is a pity, because I joined that new corporation to have more stories but Real Life seems to be getting in the way of me actually creating them.

Why are we all just hanging here?


Market wise the game is doing good for me, although I have yet to make a lot of money out of it, my station trader is making a small profit, but a profit nonetheless.

Every time I read the people with market blogs and their billions of profit I want to know what their secret is. I even want to talk to them about it and give me hints. But the problem is, that the secret is more than likely spending a lot of time checking out the market and fluctuations of it. Look at items and how they move. 

Unfortunately, that’s time I do not have, and time I would probably spend by getting bored of it and closing the market altogether.

It’s a shame that people can’t give away their secrets on ISK making, but I get why. Without those secrets, there wouldn’t be any more ISK to make.
Stay tuned o7

The L-word

by In Uncategorized Tagged , , , , , , , , , , , 2 Comments
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

by In Uncategorized Tagged , , , , , , , , , 7 Comments

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