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Dream Kim
Royal Amarr Institute Amarr Empire
0
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Posted - 2013.08.03 23:28:00 -
[1] - Quote
So I've worked out deal with this guy and he's allowing me to do unlimited PI with his POCO's for zero tax provided I supply him with cheap fuel components. No problem there!
The problem, however, is market fluctuations. It seems the market for the two components I'm using goes up and down on a daily basis. My profit margin started at 20,000 ISK per production cycle, then the market fluctuated and it dropped down to 15,000.
I've activated dual character training and will be training two PI alts. 16 days should get me right where I need to be to set up a bunch of planets making these two components. I figured the market would fluctuate less with P1 materials - WRONG. Looking back the past year I see massive fluctuations. I've thought about doing my own extraction, but it's too **** in LowSec and just about less **** in NPC Null. Would have to be SOV Null or a WH and that's just too much bother.
So how do you guys manage the market fluctuations? |
Invictra Atreides
Toward the Terra
133
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Posted - 2013.08.04 03:22:00 -
[2] - Quote
I buy stuff when it is around the low point for a period of 3 months, stock pile it and buy more when ever the prices reach that low point. I only do some little PI (12x P4 factories) so i can PLEX my 2 accounts.
Buy one or two bill worth of that particular material you need when it is low and you should be good for 3-4 months. Blog |-áTutorials | Youtube "I donGÇÖt know everything, I just know what I know." |
Krixtal Icefluxor
INLAND EMPIRE Galactic
29628
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Posted - 2013.08.04 09:13:00 -
[3] - Quote
I just make the P2's for Fuel Blocks and I do alright.
Around 4 B ISK a month currently. (5 toons with 30 planets). |
Dream Kim
Royal Amarr Institute Amarr Empire
0
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Posted - 2013.08.04 09:21:00 -
[4] - Quote
Krixtal Icefluxor wrote:I just make the P2's for Fuel Blocks and I do alright.
Around 4 B ISK a month currently. (5 toons with 30 planets).
Is this with the HiSec tax? |
Invictra Atreides
Toward the Terra
133
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Posted - 2013.08.04 10:24:00 -
[5] - Quote
Dream Kim wrote:Krixtal Icefluxor wrote:I just make the P2's for Fuel Blocks and I do alright.
Around 4 B ISK a month currently. (5 toons with 30 planets). Is this with the HiSec tax? It is at 0% tax. Null/WH space.
Blog |-áTutorials | Youtube "I donGÇÖt know everything, I just know what I know." |
Dream Kim
Royal Amarr Institute Amarr Empire
0
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Posted - 2013.08.04 10:34:00 -
[6] - Quote
Invictra Atreides wrote:Dream Kim wrote:Krixtal Icefluxor wrote:I just make the P2's for Fuel Blocks and I do alright.
Around 4 B ISK a month currently. (5 toons with 30 planets). Is this with the HiSec tax? It is at 0% tax. Null/WH space.
Such a pain to live in a WH though.
I guess with a 0% tax though LowSec is just as good as long as I'm not extracting, which I'm not. |
Krixtal Icefluxor
INLAND EMPIRE Galactic
29668
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Posted - 2013.08.04 12:09:00 -
[7] - Quote
Dream Kim wrote:Krixtal Icefluxor wrote:I just make the P2's for Fuel Blocks and I do alright.
Around 4 B ISK a month currently. (5 toons with 30 planets). Is this with the HiSec tax?
Low sec. |
Krixtal Icefluxor
INLAND EMPIRE Galactic
29668
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Posted - 2013.08.04 12:11:00 -
[8] - Quote
Dream Kim wrote:Invictra Atreides wrote:Dream Kim wrote:Krixtal Icefluxor wrote:I just make the P2's for Fuel Blocks and I do alright.
Around 4 B ISK a month currently. (5 toons with 30 planets). Is this with the HiSec tax? It is at 0% tax. Null/WH space. Such a pain to live in a WH though. I guess with a 0% tax though LowSec is just as good as long as I'm not extracting, which I'm not.
Once you go Low, you'll never go back |
Dream Kim
Royal Amarr Institute Amarr Empire
0
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Posted - 2013.08.04 14:56:00 -
[9] - Quote
Krixtal Icefluxor wrote:Dream Kim wrote:Invictra Atreides wrote:Dream Kim wrote:Krixtal Icefluxor wrote:I just make the P2's for Fuel Blocks and I do alright.
Around 4 B ISK a month currently. (5 toons with 30 planets). Is this with the HiSec tax? It is at 0% tax. Null/WH space. Such a pain to live in a WH though. I guess with a 0% tax though LowSec is just as good as long as I'm not extracting, which I'm not. Once you go Low, you'll never go back
So in your opinion should I just open more Robotics planets, or "shield" myself from market fluctuations by having a Mechanical Parts toon and a Consumer Electronics toon?
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Krixtal Icefluxor
INLAND EMPIRE Galactic
29720
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Posted - 2013.08.04 15:29:00 -
[10] - Quote
Dream Kim wrote:
So in your opinion should I just open more Robotics planets, or "shield" myself from market fluctuations by having a Mechanical Parts toon and a Consumer Electronics toon?
The PI Market has been volatile since Day 1 which was now over 3 years ago. If that makes you nervous, maybe PI isn't the thing for you. Prices are always going to change, and that means for absolutely EVERY item on the Market, not just PI.
(Don't forget Enriched Uranium in all this.)
But the PI products used for Fuel Blocks are at least always going to be in demand, and a safe bet as POSes are not exactly going to be disappearing any time soon. Ship types come and go, but POSes are forever. |
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Markus Navarro
Osmon Integrated Robotics
66
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Posted - 2013.08.04 15:47:00 -
[11] - Quote
Krixtal Icefluxor wrote:Dream Kim wrote:Invictra Atreides wrote:Dream Kim wrote:Krixtal Icefluxor wrote:I just make the P2's for Fuel Blocks and I do alright.
Around 4 B ISK a month currently. (5 toons with 30 planets). Is this with the HiSec tax? It is at 0% tax. Null/WH space. Such a pain to live in a WH though. I guess with a 0% tax though LowSec is just as good as long as I'm not extracting, which I'm not. Once you go Low, you'll never go back
I disagree, I was going in Low before, but since I used a lot of toons on certain planets they eventually got fed up and showed me out with some bang. I sell drones and drones accessories. |
Invictra Atreides
Toward the Terra
133
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Posted - 2013.08.04 17:13:00 -
[12] - Quote
Krixtal Icefluxor how do you manage security risks in low? 4 bill/month is quite attractive for gankers. Blog |-áTutorials | Youtube "I donGÇÖt know everything, I just know what I know." |
Steve Ronuken
Fuzzwork Enterprises
1780
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Posted - 2013.08.04 17:30:00 -
[13] - Quote
Invictra Atreides wrote:Krixtal Icefluxor how do you manage security risks in low? 4 bill/month is quite attractive for gankers.
I know how I'd do it. Not moving everything at once.
Out source moving things through High-sec to red frog.
Following the basic rules for moving materials in Low. (watching local, cload/mwd or blockade runner, instas. safe spots, scouting before jumping in a hauler, keeping an eye on the stats from the map, etc)
Steve Ronuken for CSM 9!-á I'm starting early :) Handy tools and an SDE conversion Twitter: @fuzzysteve on Twitter |
Dream Kim
Royal Amarr Institute Amarr Empire
0
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Posted - 2013.08.04 19:00:00 -
[14] - Quote
Invictra Atreides wrote:Krixtal Icefluxor how do you manage security risks in low? 4 bill/month is quite attractive for gankers.
Quiet systems with cloak haulers, be friendly with the Locals. |
Bugsy VanHalen
Society of lost Souls
763
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Posted - 2013.08.06 18:02:00 -
[15] - Quote
Dream Kim wrote:Invictra Atreides wrote:Dream Kim wrote:Krixtal Icefluxor wrote:I just make the P2's for Fuel Blocks and I do alright.
Around 4 B ISK a month currently. (5 toons with 30 planets). Is this with the HiSec tax? It is at 0% tax. Null/WH space. Such a pain to live in a WH though. I guess with a 0% tax though LowSec is just as good as long as I'm not extracting, which I'm not. Whatever you are saving in Tax you are spending in logistics and time. Low sec extraction can yield double what high se c extraction does, and the price you are paying for the P0/P1 already has the tax worked into the price. If you extract yourself you will make less volume, but more overall profit.
Why would you bother setting up in low sec if you are not extracting? I get the zero tax, but the loss to the tax can be made up in volume, having a factory planet in the same system where you buy the goods.
Even running in high sec extraction>>P2 is very profitable, In low sec you can extract twice a much with the same number of heads, combine that with zero tax and you are laughing. Even extracting in the same system and paying 10-15% tax to export the P0 or P1 will still generate the goods for far less than you are paying for them. then import to your factory planet with zero tax.
Buying the mats in high sec and moving them to a factory in low sec, just seems wrong, you are adding a lot of risk, and time, with only a small increase in profit.
Not extracting is what you are doing wrong, not what you are doing right. if you do not see that then you are making some big mistakes on your spreadsheet. No spread sheet? Well that would be your second mistake, at least if you are actually concerned about profit. |
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