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Considering going into speculative hauling - worth it?

Author
Cocrus Ashuad
The Scope
Gallente Federation
#1 - 2013-07-05 05:04:38 UTC
Hey guys,

I've been playing EVE for about 6 months now and I have to say, that as a combat pilot (carebear missioner) I am really starting to lose enjoyment in the game. It's just not exciting to shoot things down anymore.

However, I do a bit of hauling on the side with my shoddy 20k m3 sized Bestower, and it isn't actually too bad. Just slow, but that's the point.

Mainly I do mineral movements and its incredibly profitable (coming from the guy who looks at 5M and thinks "that's so much money") and I was wondering if you guys thought it would be a good idea to go from a true-blooded ratter to a high sec shipper.

I'm not going to bother not asking for trolls, but some advice would be very appreciated.

I fully understand that the real money is in nullsec shipping or using jump freighters or what have you, but I am seriously content just getting a Mastodon or something and making my fortune there. I just don't know if that's a sane thing to do.

-Fly safe, o7
Ireland VonVicious
Vicious Trading Company
#2 - 2013-07-05 07:52:45 UTC
Many a trader start out that way.

Perfectly sane.
Tauranon
Weeesearch
CAStabouts
#3 - 2013-07-05 08:20:50 UTC
There is a lot more volume and a lot more inexperienced sellers in highsec, ie wouldn't worry about not having much access to null, or jumpfreighters etc. Orcas and freighters allow you to move lots in highsec if the need arises.

The only things worth mentioning is that price history and daily volume is something you should know about anything you trade, and that you should never fly with anything resembling your total stake in a hauler, nor should your first freighter + its first payloads be most of your capital, lest you lose it all.

if you actually want to spacetruck yourself, then you can get into region wide buy orders and cross region trading easily.
Daniel Plain
Doomheim
#4 - 2013-07-05 09:55:25 UTC  |  Edited by: Daniel Plain
the advice above is already good but allow me to elaborate:
- finding out which items to haul is an art in itself. the price difference is not the only point, you also have to factor in other attributes such as taxes and broker fees and the turnaround. it would be a bad idea to haul an officer module worth a billion isk from A to B and then sit on it for months until it finally sells.
- a suicide ganking tornado costs roughly 100m isk fitted (minus insurance) and can instantly deal over 10 000 damage. this means that if your ship's cargo is too high and/or it is too fragile, you may get ganked in hisec with all the negative implications. the best ways to protect yourself against this are:

  • haul small but expensive stuff in frigates with nanofiber internal structure fitted. that way you will warp away before the pirates know what you have loaded.
  • if you are hauling larger volumes, make sure your cargo is less than about 20 000 ISK per your ship's effective hit point (for example, a ship that has less than 10 000hp should never haul more than 200 000 000 ISK worth of stuff).
  • for medium volume high value items, your best bet is a blockade runner. the reason is that this is the only ship class with unscannable cargoholds. if the pirates do not see what you are hauling, they will not risk losing 100m and security status for nothing.


edit: also another thing: while mission running is in itself a pretty dull activity, it is relatively profitable for the effort you put in. hauling can have higher profits but only if you do the research and become good at it.

I should buy an Ishtar.

Zappity
New Eden Tank Testing Services
#5 - 2013-07-05 12:01:02 UTC
If you're bored with missions try faction warfare. Good fun and the isk is good, especially if you think 5m is substantial.

A couple of trade alts is a very good idea. You need to choose your items carefully, though. Look for high turnover.

Not sure why anyone would want to get into hauling tbh. I'm glad that people do but they only take about 1% of my average profit. A well-collateralised public courier contract is risk free and cheap.

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

Zaxix
State War Academy
Caldari State
#6 - 2013-07-05 14:12:56 UTC
Review my posting history. Much advice for haulers in it.

Bokononist

 

Cocrus Ashuad
The Scope
Gallente Federation
#7 - 2013-07-05 16:41:16 UTC
Thanks for all the responses guys.

I used to play Runescape for almost a decade, so I know about turnaround and what not and I recently learned about the pains of broker fees when it comes to small profit margins. That, and the benefit of seeling things immediately.

I really do want to hammer the point home that I really do hate lowsec/nullsec, so I doubt I'll EVER need to be wary about that's I ship (if its really valuable I have an instant warp frig or two with inertia stabs and nanofiber structures)

But, that's two people so far who have said I should try factional warfare. As long as it doesn't require the same amount of resorves as incursions do, I will take a look at it.

Consider thread dead .3. Not much else to talk about
Zappity
New Eden Tank Testing Services
#8 - 2013-07-05 18:29:40 UTC  |  Edited by: Zappity
Cocrus Ashuad wrote:
But, that's two people so far who have said I should try factional warfare. As long as it doesn't require the same amount of resorves as incursions do, I will take a look at it.


T1 frigates so easy to start. But lowsec... On the upside, if you lose your fear of low and PvP you will be a much more capable pilot.

The advice about using frigates to transport low volume, high value items is good but be aware that there's no such thing as an instant warp frigate. A sensor boosted gate camp could still catch you so be wary of lowsec shortcuts.

If you decide to risk it take a look at covops frigates.

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

Tiberius Mal
Pator Tech School
Minmatar Republic
#9 - 2013-07-22 00:08:02 UTC
what are some of the reasons that you 'hate' non-highsec parts of space?
I found that moving into lowsec was one of the most adventurous decisions i've made in the game, and the improvement to my awareness of game mechanics and the other gameplay possibilities has been very rewarding.

over the years I've read in lots of posts about people who don't like lowsec or null and they're really limiting their exposure to very interesting parts of the game, even if they don't participate in the pvp aspect of those areas.

tl/dr = keep your mind open and take a cheap ship around into lowsec sometime to try and belt rat or explore -- the excitement jolt you will hopefully feel about being legitimately 'exposed' may re-ignite that interest in pve aspects of the game, knowing that there are actually other people hunting you while you play.

it's fun :)
Elizabeth Norn
Nornir Research
Nornir Empire
#10 - 2013-07-22 10:42:31 UTC
What is speculative hauling? Accepting high collateral couriers? Accepting couriers hoping they're undercollateralized?