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7m SP, don't know how to make money.

First post
Author
Wang HangLao
Pator Tech School
Minmatar Republic
#1 - 2013-08-19 05:27:44 UTC
Well, i'm struggling to make money, apart from making absolute bank using the markets, i make about 5m isk an hour dowing low sec exploration, a dozen mill a week from my planets and then a dozen more million isk a week from makets. But all together, alot of my major income is passive and i don't really know how to make money in this game.
I've never been good at combat, i got up to level 3 missions using my drake before they changed missile around and gave up on missions because i was making more doing mining ( i think that was like 12m isk an hour, i was making 2-3m isk an hour doing missions) with the change to how shields work and missiles, i've completely given up on combat.

The pros of my account
-good hauler skills (1 day off of minimatar blockade runner)
-good exploration skills
-T2 cloaking
-good drone, shield tanking, missile and caldari ship skills
-T2 frigates
-access to mining barges (lost last two barges from corps being in wars)
-PI skills
Cipher Jones
The Thomas Edwards Taco Tuesday All Stars
#2 - 2013-08-19 05:34:30 UTC
Wang HangLao wrote:
Well, i'm struggling to make money, apart from making absolute bank using the markets, i make about 5m isk an hour dowing low sec exploration, a dozen mill a week from my planets and then a dozen more million isk a week from makets. But all together, alot of my major income is passive and i don't really know how to make money in this game.
I've never been good at combat, i got up to level 3 missions using my drake before they changed missile around and gave up on missions because i was making more doing mining ( i think that was like 12m isk an hour, i was making 2-3m isk an hour doing missions) with the change to how shields work and missiles, i've completely given up on combat.

The pros of my account
-good hauler skills (1 day off of minimatar blockade runner)
-good exploration skills
-T2 cloaking
-good drone, shield tanking, missile and caldari ship skills
-T2 frigates
-access to mining barges (lost last two barges from corps being in wars)
-PI skills


Get a noctis and salvage till you can L4. Even salvage your own l3's in a dessie. You'll make as much as hisec mining anyway.

internet spaceships

are serious business sir.

and don't forget it

North Vladimir
Doomheim
#3 - 2013-08-19 05:35:48 UTC
gank with fleet and share stuff ,I just had 1.3m sp and got 92m isk yet
Wang HangLao
Pator Tech School
Minmatar Republic
#4 - 2013-08-19 05:41:11 UTC
I have a fully fitted noctis sitting in one of my stations for like 2 months now, i've only ever flown it once and docked back up as soon as i exited the station.
I don't know how to fly it or use it, other then the fact it's a salvage ship where am i meant to get salvage without stealing from other players, also, i'm afraid of highsec and would rather stay in low sec because it's safer, i lose more in high sec as strange as it sounds.

Also, I've never participated in fleet as my corp is large and i prefer smaller corps because there's more team cohesion
Riot Girl
You'll Cowards Don't Even Smoke Crack
#5 - 2013-08-19 05:42:14 UTC
I use Erotica 1's isk doubling service on a weekly basis. She is my main source of income, just make sure you read her rules properly.
North Vladimir
Doomheim
#6 - 2013-08-19 05:51:44 UTC
Wang HangLao wrote:
I have a fully fitted noctis sitting in one of my stations for like 2 months now, i've only ever flown it once and docked back up as soon as i exited the station.
I don't know how to fly it or use it, other then the fact it's a salvage ship where am i meant to get salvage without stealing from other players, also, i'm afraid of highsec and would rather stay in low sec because it's safer, i lose more in high sec as strange as it sounds.

Also, I've never participated in fleet as my corp is large and i prefer smaller corps because there's more team cohesion



maybe should join fleet when flying noctis ,depends on if PVE runner glad to share salv with u.
In fact ,to be a ninja much better
Wang HangLao
Pator Tech School
Minmatar Republic
#7 - 2013-08-19 05:55:41 UTC  |  Edited by: Wang HangLao
North Vladimir wrote:
Wang HangLao wrote:
I have a fully fitted noctis sitting in one of my stations for like 2 months now, i've only ever flown it once and docked back up as soon as i exited the station.
I don't know how to fly it or use it, other then the fact it's a salvage ship where am i meant to get salvage without stealing from other players, also, i'm afraid of highsec and would rather stay in low sec because it's safer, i lose more in high sec as strange as it sounds.

Also, I've never participated in fleet as my corp is large and i prefer smaller corps because there's more team cohesion



maybe should join fleet when flying noctis ,depends on if PVE runner glad to share salv with u.
In fact ,to be a ninja much better


I'll try that, I'm in reddits brave corp and i'm used to teamspeak rather then mumble, i think that's my biggest problem, second problem is that they're far too nomadic for me.
Also, i don't have any friends that play this game and finding a suitable corp is hard as most small corps are very unorganized and inactive whilst the larger corps in my opinion lack team cohesion as i stated earlier

Would people invite me to join them via local?
NG4ge
Space Dormouse
#8 - 2013-08-19 06:19:01 UTC
Faction Warfare...if you enjoy PVP that is. If you don't, fit stabs and run away if anyone interrupts you.

I myself, on an alt, fit up frigates worth 1mil isk and have fun if people interrupt me :)

Otherwise join a Worm Hole corp...
Wang HangLao
Pator Tech School
Minmatar Republic
#9 - 2013-08-19 06:42:03 UTC
NG4ge wrote:
Faction Warfare...if you enjoy PVP that is. If you don't, fit stabs and run away if anyone interrupts you.

I myself, on an alt, fit up frigates worth 1mil isk and have fun if people interrupt me :)

Otherwise join a Worm Hole corp...


I'd be interested in doing wormholes but i understand theres alot of trust involved, that's where the whole idea of team cohesion comes into play.

Also, i have a 'sidekick' account which is just training nothing but combat skills, i'm specced for caldari but he's doing gallente. Would that be useful for a wormhole corp as i know it's good for incursions
Mycool Jahksn
Viziam
Amarr Empire
#10 - 2013-08-19 06:56:27 UTC
Wang HangLao wrote:
Well, i'm struggling to make money, apart from making absolute bank using the markets, i make about 5m isk an hour dowing low sec exploration, a dozen mill a week from my planets and then a dozen more million isk a week from makets. But all together, alot of my major income is passive and i don't really know how to make money in this game.
I've never been good at combat, i got up to level 3 missions using my drake before they changed missile around and gave up on missions because i was making more doing mining ( i think that was like 12m isk an hour, i was making 2-3m isk an hour doing missions) with the change to how shields work and missiles, i've completely given up on combat.

The pros of my account
-good hauler skills (1 day off of minimatar blockade runner)
-good exploration skills
-T2 cloaking
-good drone, shield tanking, missile and caldari ship skills
-T2 frigates
-access to mining barges (lost last two barges from corps being in wars)
-PI skills


I made 10 billions way back in 2007 mining high end minerals in nullsec using 2 accounts. Took a while but at least it's pretty safe and steady income.

Call me a carebear for doing that but that 10 bil bought me a T2 BPO and the rest I invested in the market.

Now I spend my days on Zegema Beach smoking cuban cigars while prostitutes feed me grapes 24/7. Yep.

My interests include but are not limited to throwing rocks at bee hives.

There are more stars in the universe than all of the grains of sand on earth.

Myriad Blaze
Common Sense Ltd
Nulli Secunda
#11 - 2013-08-19 07:56:15 UTC
Wang HangLao wrote:
Well, i'm struggling to make money, apart from making absolute bank using the markets, i make about 5m isk an hour dowing low sec exploration, a dozen mill a week from my planets and then a dozen more million isk a week from makets. But all together, alot of my major income is passive and i don't really know how to make money in this game.
I've never been good at combat, i got up to level 3 missions using my drake before they changed missile around and gave up on missions because i was making more doing mining ( i think that was like 12m isk an hour, i was making 2-3m isk an hour doing missions) with the change to how shields work and missiles, i've completely given up on combat.

The pros of my account
-good hauler skills (1 day off of minimatar blockade runner)
-good exploration skills
-T2 cloaking
-good drone, shield tanking, missile and caldari ship skills
-T2 frigates
-access to mining barges (lost last two barges from corps being in wars)
-PI skills

5m/hr for lowsec exploration is much too low imho. You said you have good exploration skills. So may I assume that you are able to hack every site you find? And you are able to scan down Data/Relic sites fast (usually with 3-5 scan cycles)? And you have a cargo scanner fitted to your exploring vessel so you know what loot cans you have to grab to get the good stuff? And you know which item goes where when the "loot spew" comes (i.e. decryptors in 'parts', skillbooks, blueprints in 'data' etc.)? I also assume you use a Helios (best choice imho) or Buzzard for exploring? (Cheeta and Anathema lack the mid slots to fit all the exploration mods you want.)

12m/week for PI is also too low. Do you have the skills needed? I would suggest to get all skills in the Planetary Management section to L4 at least (except Remote Sensing: L3). On a dedicated PI toon you might want to get Command Center Upgrade and Interplanetary Consolidation to L5. Are your colonies on hi-sec planets? They are the worst for PI harvesting. If you don't have access to Null or WH planets you might want to try setting up factory planets instead of harvesters (you should do some research on this topic if you don't know what a factory planet is). Btw, I would suggest to setup one or both of your alt characters as PI toons (leaving your main to do other stuff like missions or PvP). Especially when you are doing PI in w-space you might want to keep one of the alts logged near your colonies.

Trading can be VERY good for making ISK. The largest part of my monthly ingame income is from trading. However, it is much easier if you have some investment capital to work with. For the moment it might be better for you if you would concentrate on one of your other problem areas to fix them first. Besides, trading is one of the few areas in this game where "real" experience helps (real as in monitoring the market for some time, understanding the nature of the items you want to trade: where they come from, who sells them, who buys them, what they are used for, etc).

Drake is still good for L3 missions. However, with 9m SP and having a lot of SP in different areas, your mission/combat skills are probably not good enough to use a decent fit (which makes mission running slow and sometimes painful). If you decide to develop your skills in this area you should look for a good Drake (or whatever suitable ship you want to fly) fit and skill up to be able to field that fit. Check out the Missions&Complexes and the Ships&Modules sections of this forum.

Oh, and I would suggest to avoid solo mining. Almost everything else should give you better ISK/hr, plus it's quite boring (imho, of course).

Solstice Project
Sebiestor Tribe
Minmatar Republic
#12 - 2013-08-19 08:01:10 UTC
Join a small ganking roam, make hundreds of millions.

It's really easy to make lots of money and have fun,
compared to pitty amounts mining or running missions pre lvl4. (which are mindnumbing)
Vera Algaert
Republic University
Minmatar Republic
#13 - 2013-08-19 08:17:32 UTC  |  Edited by: Vera Algaert
Solstice Project wrote:
Join a small ganking roam, make hundreds of millions.

It's really easy to make lots of money and have fun,

wishful thinking.

In reality Solstice is constantly broke and relies on donations to fund his ganking adventures. Not the person you want to take advice from when it comes to ISK.

.

Riot Girl
You'll Cowards Don't Even Smoke Crack
#14 - 2013-08-19 08:30:25 UTC
What's wrong with that? Getting money from other players is more profitable and enjoyable than doing missions or something like that.
Solstice Project
Sebiestor Tribe
Minmatar Republic
#15 - 2013-08-19 08:44:41 UTC
Vera Algaert wrote:
Solstice Project wrote:
Join a small ganking roam, make hundreds of millions.

It's really easy to make lots of money and have fun,

wishful thinking.

In reality Solstice is constantly broke and relies on donations to fund his ganking adventures. Not the person you want to take advice from when it comes to ISK.
I like that you have no clue, yet believe otherwise.
Lee Saisima
Doomheim
#16 - 2013-08-19 08:51:12 UTC  |  Edited by: Lee Saisima
Get really good at one particular profession. In this case, you have great skills for low-sec explorations, and you already have some experience under your belt. But you should be making way over 5 mil an hour with doing it, so keep going at it if that is your wish and try to optimize the process. But if exploration isn't your thing, then pick an activity that you enjoy the most, so that you don't burn out doing something that is relatively profitable, but boring to you. Seems like you got a big spread of skills, so have a period where you try things out for deciding which is the most fun / exciting for you rather than basing them off of ISK profit straight away, and then try and optimize on it.

The thing about EVE is that you can train up everything, but you also really need to specialise in something.
TheBlueMonkey
Center for Advanced Studies
Gallente Federation
#17 - 2013-08-19 09:14:42 UTC
1) join brave newbies
2) get cheap ship
3) fly around making things explode and having fun
4) ???
5) profit

Seriously, some how I've got 120mil of sellable stuff in my hanger and excluding the zealot I've spent maybe 50mil.
Paul Otichoda
Perkone
Caldari State
#18 - 2013-08-19 09:44:30 UTC  |  Edited by: Paul Otichoda
I also am struggling to make money (3m SP)

I can run level 3 missions very easily but level 4 missions are beyond me so thats not possible.

I'm trying to pvp but you can never make money off that so I keep grinding missions to pay for ships that I lose.

I tired doing PI but its only worth it in low or null and there are so many gate camps that make it unappealing.

mining only pays so much.

The market is confusing and apart from selling stuff than I get from wrecks I never try to make money off it. Only getting what I need from it.

I've done a lot of exploration in high sec. It takes forever to scan down a target and the rewards isn't very good. Did a bit of low sec exploration but there is the gatecamps and the complexicty of hacking increases.
Zappity
New Eden Tank Testing Services
#19 - 2013-08-19 10:12:57 UTC
T1 frigates, faction warfare, isk and fun.

Zappity's Adventures for a taste of lowsec and nullsec.

Solstice Project
Sebiestor Tribe
Minmatar Republic
#20 - 2013-08-19 11:08:32 UTC
Paul Otichoda wrote:
I also am struggling to make money (3m SP)

I can run level 3 missions very easily but level 4 missions are beyond me so thats not possible.

I'm trying to pvp but you can never make money off that so I keep grinding missions to pay for ships that I lose.

I tired doing PI but its only worth it in low or null and there are so many gate camps that make it unappealing.

mining only pays so much.

The market is confusing and apart from selling stuff than I get from wrecks I never try to make money off it. Only getting what I need from it.

I've done a lot of exploration in high sec. It takes forever to scan down a target and the rewards isn't very good. Did a bit of low sec exploration but there is the gatecamps and the complexicty of hacking increases.
Find friends.
Jump into destroyers, but have one guy in a 1600m³ shipscanning magnate.

Roam around traderoutes. (don't sit at gates waiting that's what the losers do)

Ship and Cargoscan autopiloting haulers.

Let the whole group jump onto them and the magnate loot it.

Have fun while figuring everything out and making mistakes.

Per gank, you'll only lose 0.1sec, which gives you around 10 ganks before you hit -1.

As you're noobs, you have way more targets to choose of,
because your investments will be rather low and a few dozen millions of isk are a lot already.

It's fun. You'll gain situational awareness. You learn how to use your guns (don't use missiles),
you'll learn how sentry turrets, suspect timer, killrights and global criminal countdowns work.

(all this under the assumption you're smart enough to use google and or talk to somebody about it)


Alternatively come to hek and ask me if we could earn you money.
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