EVE Search - How to Make 1 Billion + Isk per Day

All Channels

EVE General Discussion

How to Make 1 Billion + Isk per Day

» Click here to find additional results for this topic using Google

Monitor this thread via RSS [?]

Pages: 1 2 3 [4] 5 :: one page
Author	Thread Statistics \| Show CCP posts - 0 post(s)
Karlemgne Infinitus Odium The Church.	Posted - 2008.01.01 01:07:00 - [91] Originally by: Garion Avarr Originally by: Dromidas Shadowmoon Also the only way you could possibly think undercutting by 0.01 isk would actually sell is if you sat in the system monitoring it.. otherwise someone else will undercut by 0.01 again and your item will sit there ad infinitum :p You realize, of course, that the same applies to undercutting by any amount? Unless, of course, you undercut so much that you're taking a loss, in which case a sensible person with enough ISK might just buy your items and resell them at a much higher price (done that), you undercut enough so that you're selling below the value of the minerals in the item, in which case a smart person would just buy your items and refine them (done that), or you just undercut by such a huge by still profitable percentage that others are too stunned, stupified, and angery to do anything right away. Which will buy you maybe an extra day before they undercut you by .01 ISK. So, really, the only way you could think that undercutting by large amounts would be a good idea is, well . . . I really can't see any. Sorry, a bunch of items I was selling for my corp were undercut by a huge amount today and are now selling for about 60% of what I was selling them yesterday. Which is still three times what is costs to make them, but extremely annoying. Or your a pirate, and perhaps a mission runner, and you've gotten the item "for free." In which case, undercutting the average price by large amounts of isk doesn't really generate a "loss." You could also be a miner/manufactorer who is interested in a quick return, and not spending hours trying to maximize your profit. Its all a matter of how you want to play the game. For most of us, the thought of investing the time it takes to maximizing profits by min/maxing buy and sell values detracts from the other parts of the game we find to be more fun. OR... it detracts from out lives, since for most of us this is a game, not our second life. -Karlemgne
Karlemgne Infinitus Odium The Church.	Posted - 2008.01.01 01:26:00 - [92] Originally by: Holly Hotdrop oh wow, i thought the OP sounded a bit optimistic or something, but i've made 2bn the last days just by trading minmatar t2 ships. this is incredible, thanks Nightfreeze Hello, Ms. Alt.
me bored	Posted - 2008.01.01 02:11:00 - [93] I thought that everybody did this already.
Ursula LeGuinn	Posted - 2008.01.01 02:15:00 - [94] Originally by: me bored I thought that everybody did this already. A lot of people (like me) know how to do it, but would rather have fun actually playing the game, even if we make less money in the long run.
Lab Technician071548 Astro-Support Services	Posted - 2008.01.01 02:41:00 - [95] The world is full of 1-iskers. Unfortunately, there are now also cheating tools out there making it impossible to keep up, which is why I got out of trading. Honestly, this sounds like the kind of note a trader writes because he no longer trades! Why would a person who trades at hubs encourage others to go there and 1-isk unless he's done trading because of 1-iskers? I'm afraid this is bait cast by a retired trader and many have swallowed hook line and sinker. hint: trade secondary hubs and mission points and hope nobody finds that you are making money there. ---- Do you need special permission to type in this color?
Dromidas Shadowmoon Minmatar Storm Legion	Posted - 2008.01.01 03:49:00 - [96] Quote: You realize, of course, that the same applies to undercutting by any amount? Unless, of course, you undercut so much that you're taking a loss It's not a loss if you didn't buy it in the first place. I'm more than happy to sell my items cheap enough so that someone else who makes their money through trading will want to buy it and resell it higher, that way I don't have to monitor the market, let someone else do it and my undercutting will be like a 'tip' for them :) _______________________________________________ Minmatar will always go faster than you, get over it.
Holly Hotdrop	Posted - 2008.01.01 05:00:00 - [97] Originally by: Karlemgne Originally by: Holly Hotdrop oh wow, i thought the OP sounded a bit optimistic or something, but i've made 2bn the last days just by trading minmatar t2 ships. this is incredible, thanks Nightfreeze Hello, Ms. Alt. Hello
Kaathar Rielspar Minmatar Universal Exports FOUNDATI0N	Posted - 2008.01.01 05:08:00 - [98] meh too much effort ship it all to lowsec and charge 400-500% of jita prices. lazy people will pay it because at the root of it all, people are lazy ____________________
Garion Avarr Amarr Zero Zero Traders The Colbert Nation	Posted - 2008.01.01 07:30:00 - [99] Originally by: Dromidas Shadowmoon Quote: You realize, of course, that the same applies to undercutting by any amount? Unless, of course, you undercut so much that you're taking a loss It's not a loss if you didn't buy it in the first place. I'm more than happy to sell my items cheap enough so that someone else who makes their money through trading will want to buy it and resell it higher, that way I don't have to monitor the market, let someone else do it and my undercutting will be like a 'tip' for them :) Ah, perhaps poor wording on my part -- I meant you won't get undercut back if the person you undercut can't do so without taking a loss on the sale. Though, in my opinion, anytime you sell an item for less then you could have if you'd been smart, you're taking a loss. As long as you'd have sold it within an acceptable amount of time at the hire price, of course -- if you reduce your profit margin by 25% to sell it 50% faster, that's good, as long as you can keep your supply up with the demand. If you reduce your profit margin by 50% to sell 25% faster, that's not good. And the second is what I see most of. By the way, I'm not really including relatively small sell orders in this -- if 100 items sell a day, I'm not going to pay any attention when I get undercut by a 10 item sell order (or buy order, for that matter). Likewise, I won't even bother making my order lower (or higher) priced than the small orders if enough items are sold that I think my order is likely to still be filled in an acceptable time. ________________________________ This is not a signature.
Tido Maliyu Condottieri Industries The Economy	Posted - 2008.01.01 07:36:00 - [100] Whelp... don't gimme all this competition!
MysticNZ Solstice Systems Development Concourse	Posted - 2008.01.01 07:39:00 - [101] Edited by: MysticNZ on 01/01/2008 07:40:55 I do the same thing. I see you sell alot of what I sell actually. However, to make the sort of money you are talking about is a huge amount of time and effort. You can only make this money on weekends as well. Market is dead during the week. You really need to know what you are doing. Oh, and you need alot of isk to make isk. 1-2b +
LaVista Vista Corporate Research And Production Pty Ltd Zzz	Posted - 2008.01.01 08:56:00 - [102] Originally by: MysticNZ You really need to know what you are doing. Oh, and you need alot of isk to make isk. 10-20b + Fixed it for you. This signature is brought to you by EBankÖ, free space for moderators to brag.
Xonkra Gallente	Posted - 2008.01.01 09:15:00 - [103] why make billions , when you can make MILLIONS muhahaha muahahahahahaha muhahahahahahahahahahahah muahahahahahahahahahahahahahahahaha muahammm mmmm sigh Originally by: Illyria Ambri No matter how you want to say it.. it always sounds like frog clearing throat "Ve zurrendur, dunt schuut"
Nanobotter Mk2	Posted - 2008.01.01 10:30:00 - [104] "To be perfectly honest, I can't stand carebear crap like this, but keeping with the honesty, you've actually made it sound quite interesting. Making me consider starting up a trading alt just to check it out." got some nerve to talk smack about carebear crap and immediately then convict yourself of an even LARGER weak arse carebear pile of crap yourself.... ALT = MASSIVE, maybe the most friggin carebear gimptard cop out act in this game. Man this game would have been so much better if there was 1 dam character per account, so all the total fruitcake pussies couldn;t use alt's to avoid everything that is supposed to make eve what it is supposed to be.
Leora Nomen Amarr	Posted - 2008.01.01 10:40:00 - [105] Originally by: MysticNZ Edited by: MysticNZ on 01/01/2008 07:40:55 I do the same thing. I see you sell alot of what I sell actually. However, to make the sort of money you are talking about is a huge amount of time and effort. You can only make this money on weekends as well. Market is dead during the week. You really need to know what you are doing. Oh, and you need alot of isk to make isk. 1-2b + nah, you only need to have some social engineering skills, can make 20b wallet from 200K wallet in just a few weeks guide to game time codes
LaVista Vista Corporate Research And Production Pty Ltd Zzz	Posted - 2008.01.01 11:03:00 - [106] Originally by: Leora Nomen Originally by: MysticNZ Edited by: MysticNZ on 01/01/2008 07:40:55 I do the same thing. I see you sell alot of what I sell actually. However, to make the sort of money you are talking about is a huge amount of time and effort. You can only make this money on weekends as well. Market is dead during the week. You really need to know what you are doing. Oh, and you need alot of isk to make isk. 1-2b + nah, you only need to have some social engineering skills, can make 20b wallet from 200K wallet in just a few weeks ... But this of course requires you to do scamming, right? This signature is brought to you by EBankÖ, free space for moderators to brag.
Leora Nomen Amarr	Posted - 2008.01.01 11:09:00 - [107] Originally by: LaVista Vista Originally by: Leora Nomen Originally by: MysticNZ Edited by: MysticNZ on 01/01/2008 07:40:55 I do the same thing. I see you sell alot of what I sell actually. However, to make the sort of money you are talking about is a huge amount of time and effort. You can only make this money on weekends as well. Market is dead during the week. You really need to know what you are doing. Oh, and you need alot of isk to make isk. 1-2b + nah, you only need to have some social engineering skills, can make 20b wallet from 200K wallet in just a few weeks ... But this of course requires you to do scamming, right? ofc, to make a lot of isk out of no isk guide to game time codes
Tarnish Cathair GoonFleet GoonSwarm	Posted - 2008.01.01 11:51:00 - [108] Originally by: Chribba I wonder if OP is taking credit for someone elses guide or if you are the same person as the one posting this guide on the Goon forums? No worries there. Its the same person.
Dravius Luxor	Posted - 2008.01.01 13:48:00 - [109] Originally by: Lab Technician071548 The world is full of 1-iskers. Unfortunately, there are now also cheating tools out there making it impossible to keep up, which is why I got out of trading. Honestly, this sounds like the kind of note a trader writes because he no longer trades! Why would a person who trades at hubs encourage others to go there and 1-isk unless he's done trading because of 1-iskers? I'm afraid this is bait cast by a retired trader and many have swallowed hook line and sinker. hint: trade secondary hubs and mission points and hope nobody finds that you are making money there. I find I can quite easily torture 1-iskers, because they usually invest too much. When I trade; I don't care how much I make per item, as long as I make something and the items sell quick. In this way you can cost them billions by slaughtering the market value of an item, and this scares them away. Come back to that item when you so choose, and start again. This takes care of macro-traders too, who 1-isk automatically. They're selling 58 items at 18,999,999.99 ; so I sell ONE item at 10,000,000.00 ... As if by magic, the trader of 58 items has instantaneously changed his sell order to 9,999,999.99, which is cheaper than his buy order. Oops! Overall though, a highly entertaining thread. It just goes to show that there are infinite ways to make money in Eve, it all depends on one's imagination...
Kaar Art of War	Posted - 2008.01.01 14:23:00 - [110] Originally by: Dravius Luxor I find I can quite easily torture 1-iskers, because they usually invest too much. When I trade; I don't care how much I make per item, as long as I make something and the items sell quick. In this way you can cost them billions by slaughtering the market value of an item, and this scares them away. Come back to that item when you so choose, and start again. This takes care of macro-traders too, who 1-isk automatically. They're selling 58 items at 18,999,999.99 ; so I sell ONE item at 10,000,000.00 ... As if by magic, the trader of 58 items has instantaneously changed his sell order to 9,999,999.99, which is cheaper than his buy order. Oops! I love doing that. I lowered one of the datacore markets by quite a lot just to **** on the people who kept 1-isking me. --- ---
SL Helper	Posted - 2008.01.01 15:48:00 - [111] Another big difference between conventional isk-making and trading is that trading needs to be maintained thruout the whole day. You won't make much money by "powertrading" for 2 hours in a day. Instead you'll have to log in several times a day and update your orders (there's usually alot of them if you want to make any serious cash). Another thing is that it can, unlike missionrunning, mining ect, be very dangerous to take a brake from Eve when you are a trader. few days abscense can make you loose a ****load due to old orders.
aklein24 Absolutely No Retreat	Posted - 2008.01.01 20:12:00 - [112] Nightfreeze, you're my hero, if you're the guy who wrote and did "the great scam" way back in the early days of eve, you're the reason I'm playing now. Cheers, and a happy new year to you, have fun in RL.
Iria Ahrens Amarr 101st Space Marine Force Knights Of the Southerncross	Posted - 2008.01.01 20:44:00 - [113] Originally by: Dravius Luxor Originally by: Lab Technician071548 This takes care of macro-traders too, who 1-isk automatically. They're selling 58 items at 18,999,999.99 ; so I sell ONE item at 10,000,000.00 ... As if by magic, the trader of 58 items has instantaneously changed his sell order to 9,999,999.99, which is cheaper than his buy order. Oops! Overall though, a highly entertaining thread. It just goes to show that there are infinite ways to make money in Eve, it all depends on one's imagination... Wow, I guess I don't deal in the markets that macro traders frequent, but I'll keep this in mind if I ever suspect this is the case. What a wonderful idea. I guess it still needs to be slightly above the highest buy order. I've seen sell orders at stations that are lower than the highest buy order before, so maybe it was bugged, or maybe something else.
SiJira	Posted - 2008.01.01 21:42:00 - [114] Originally by: SL Helper Another thing is that it can, unlike missionrunning, mining ect, be very dangerous to take a brake from Eve when you are a trader. few days abscense can make you loose a ****load due to old orders. plan ahead Trashed sig, Shark was here
SL Helper	Posted - 2008.01.01 22:10:00 - [115] Originally by: SiJira Originally by: SL Helper Another thing is that it can, unlike missionrunning, mining ect, be very dangerous to take a brake from Eve when you are a trader. few days abscense can make you loose a ****load due to old orders. plan ahead Yes, you'll need to be aware of every possible break that you might do if you don't want to risk loosing money. Unlike other ways of making money taking an sudden break is dangerous.
Cyrus Deacon	Posted - 2008.01.01 22:50:00 - [116] sits back with his cup of coffee and begins to watch the market crash.
SiJira	Posted - 2008.01.01 23:01:00 - [117] Originally by: SL Helper Originally by: SiJira Originally by: SL Helper Another thing is that it can, unlike missionrunning, mining ect, be very dangerous to take a brake from Eve when you are a trader. few days abscense can make you loose a ****load due to old orders. plan ahead Yes, you'll need to be aware of every possible break that you might do if you don't want to risk loosing money. Unlike other ways of making money taking an sudden break is dangerous. its called not being a lemming and upping your buy order just because theres one above yours trading isnt for everyone Trashed sig, Shark was here
Twinstrike	Posted - 2008.01.25 04:29:00 - [118] Nightfreeze. This Nightfreeze?
Don Z0LA Caldari TunDraGon	Posted - 2008.01.25 09:59:00 - [119] very nice guide, and very nice of you to share it with others... pitty i dont have time to do it, so if you are quiting - can i have your stuff ? :)
SiJira	Posted - 2008.01.26 19:04:00 - [120] its really sad when someone gives everyone advice on how to trade and then everyone says its bad advice because they cant wrap their head around the concept and instead focus on the example items Trashed sig, Shark was here

Pages: 1 2 3 [4] 5 :: one page
First page \| Previous page \| Next page \| Last page

COPYRIGHT NOTICE
EVE Online, the EVE logo, EVE and all associated logos and designs are the intellectual property of CCP hf. All artwork, screenshots, characters, vehicles, storylines, world facts or other recognizable features of the intellectual property relating to these trademarks are likewise the intellectual property of CCP hf. EVE Online and the EVE logo are the registered trademarks of CCP hf. All rights are reserved worldwide. All other trademarks are the property of their respective owners. CCP hf. has granted permission to EVE-Search.com to use EVE Online and all associated logos and designs for promotional and information purposes on its website but does not endorse, and is not in any way affiliated with, EVE-Search.com. CCP is in no way responsible for the content on or functioning of this website, nor can it be liable for any damage arising from the use of this website.