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EVE New Citizens Q&A

 
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Gaining 500mil ISK

Author
Braden Akiga
State War Academy
Caldari State
#1 - 2012-11-06 22:16:49 UTC
Hi all,

I'm new and I have a question: How long does it approximately take to gain 500mil ISK?
And what's the fastest way of earning money?

thanks!
Jan Deltord
Science and Trade Institute
Caldari State
#2 - 2012-11-06 22:22:34 UTC  |  Edited by: Jan Deltord
That depends on what you, as a player, are good at.

As a beginning character, a lot of the isk faucets arent open to you (for example, you dont have the skills, the ship or the standings to do level 4 missions).

Have a look at trade - moving things like armour plates, and meta 4 target painters from regions they drop to regions they dont. www.eve-central.com is your friend there.

Oh yeah. Salvaging. Skill up probing skills, and look for abandoned wrecks. Polite people ask the person running the mission if they can salvage, and if not leave. Others are called 'ninja salvagers', and become well aware of the rules regarding aggression and killrights (as salvaging mission ships you have killrights on can be very very profitable).
Robert De'Arneth
#3 - 2012-11-06 22:26:32 UTC
Braden Akiga wrote:
Hi all,

I'm new and I have a question: How long does it approximately take to gain 500mil ISK?
And what's the fastest way of earning money?

thanks!



Fastest way would be to gank someone. The question is do you and some freinds have the skills to do so? That is going to be the answer no matter what you do, do you have the skills that allow you to make ISK?

There are many ways for easy ISK, think up a good scam, Trade, buy low sell high. Those 2 will be your best options.

I'm a nerd, you can check my stats!! Skilling Int/Mem at 45 sp per minute is how I mack!     I'm like a lapdog, all bark no bite. 

Gibbo5771
AQUILA INC
#4 - 2012-11-06 22:37:49 UTC
Fastest way to make 500mil as a new character?

You could buy a plex and sell it on the market however a more lucrative and fun way might be to take advantage of the "I am new here" thing, find a good corp that is willing to support you until you get enough SP to grind yourself.
J'Poll
School of Applied Knowledge
Caldari State
#5 - 2012-11-06 22:55:32 UTC
I'm guessing this guy wants to pay the account with in game PLEX.

Sorry to ruin your idea, but for a new player that will be really really hard (though not impossible).

You will lack both the skillpoints as well as the actual skill as a person (knowing the game mechanics, knowledge about how EVE works in terms of ships, fits, modules, knowledge on how to make best money in a way you want).

EVE is game, stop asking how to make 500mil in a month, you are playing EVE wrong if you are just grinding ISK for another month of ISK grinding as soon as you applied that PLEX.

EVE is played correctly if you are having fun playing EVE, as that's the point of playing a game, to have fun doing it.

In time, you (likely) will be able to use PLEX to pay for your account, but don't make it a priority.

Personal channel: Crazy Dutch Guy

Help channel: Help chat - Reloaded

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Mallak Azaria
Caldari Provisions
Caldari State
#6 - 2012-11-07 02:48:51 UTC
Steal it.

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Tau Cabalander
Retirement Retreat
Working Stiffs
#7 - 2012-11-07 08:22:58 UTC  |  Edited by: Tau Cabalander
500m / month = 125m / week = 17m a day

That's roughly two level 4 security (combat) missions a day for a month.

Or say 7 missions on Saturday and 6 missions on Sunday.

Probably fewer missions in reality, as some missions have a lot more ISK in bounties.
Tao Dolcino
Garoun Investment Bank
Gallente Federation
#8 - 2012-11-07 09:18:24 UTC
Tau Cabalander wrote:
500m / month = 125m / week = 17m a day

That's roughly two level 4 security (combat) missions a day for a month.

Or say 7 missions on Saturday and 6 missions on Sunday.

Probably fewer missions in reality, as some missions have a lot more ISK in bounties.


Yes, but he is new.
That's something he'll be able to do in 1-2 months maybe, but for now, missions, as needed as they are to gain the standind for later level 4 ones, won't be the solution to his problem.
In fact without any skill nor experience, there is no instantaneous way to generate a lot of isk. The only solution for you is to buy plex with real money and sell it in game. But then if indeed you need the isk to buy plex... eh... Lol
Tialano Utrigas
Running with Dogs
Out of the Blue.
#9 - 2012-11-07 12:05:12 UTC
Ninja salvaging is the way forward for a new guy. Dont bother with a Noctis, they're pretty much useless for ninja'ing as you cant utilise the tractor beam range. If you run out of room, drop the gear at a station and carry on.

Use a T1 destroyer, a combat probe launcher (to scan down battleships in a L4 security mission system) and a handful of salvagers.

Dont forget, if you are going to loot the wrecks, make sure the mission runner is not about!

You can get around 5mil to 20 mil per hour depending on how brave you are with looting the wrecks.
Disastro
Wrecking Shots
#10 - 2012-11-07 12:32:34 UTC
Braden Akiga wrote:
Hi all,

I'm new and I have a question: How long does it approximately take to gain 500mil ISK?
And what's the fastest way of earning money?

thanks!


The fastest way is to hand all of your money over to one of the guys quitting eve in Jita. They are all highly reputable and will double your money!
Aptenodytes
Reckless Abandon
#11 - 2012-11-07 12:40:04 UTC
Ninja looting/salvaging is a great way for a beginner to make money. It's nowhere near as lucrative as running your own L4's, but it requires hardly any skill points or initial outlay. Even if you steal loot, very few mission runners will shoot you, for fear of a trap... they don't want to risk their 2 bil ship to kill a T1 frig or dessie.

Destroyers are often recommended but I would say a Kestrel (or any T1 frig with 4 high slots and large cargo hold) is better. You can't tractor other players' wrecks, and more than 4 salvagers is pretty much a waste of time, so having 8 high slots is no better than 4 really. Kestrel is faster, more manouverable and cheaper than a destroyer whilst having a large cargo hold, so it is my ninja salvager of choice. Cap is a bit of a problem if you use a MWD, fit batteries in mids. You'll also want a probing frigate - when you find the site, switch ships and away you go.
Tialano Utrigas
Running with Dogs
Out of the Blue.
#12 - 2012-11-07 12:53:36 UTC  |  Edited by: Tialano Utrigas
Aptenodytes wrote:
Ninja looting/salvaging is a great way for a beginner to make money. It's nowhere near as lucrative as running your own L4's, but it requires hardly any skill points or initial outlay. Even if you steal loot, very few mission runners will shoot you, for fear of a trap... they don't want to risk their 2 bil ship to kill a T1 frig or dessie.

Destroyers are often recommended but I would say a Kestrel (or any T1 frig with 4 high slots and large cargo hold) is better. You can't tractor other players' wrecks, and more than 4 salvagers is pretty much a waste of time, so having 8 high slots is no better than 4 really. Kestrel is faster, more manouverable and cheaper than a destroyer whilst having a large cargo hold, so it is my ninja salvager of choice. Cap is a bit of a problem if you use a MWD, fit batteries in mids. You'll also want a probing frigate - when you find the site, switch ships and away you go.


Some good advice here, although I wouldn't go pushing your luck by looting in front of a Caldari Navy Raven. All it takes is some hot shot to chance it with a few pot shots at you and even though he has a PVE fit ship, it will make mince meat out of a T1 frig or dessie.

Controlling your cap is a pain with an MWD on as Salvagers do like to chew through it. By all means try some fits to see what suits your style.

As a side note about combat probing, the power grid (or CPU) requirements for a combat probe launcher are quite high so if you want to use a dessie (or a frig i assume) you'll need to return to station anyway to de-activate your probe launcher and online your salvagers.
Mara Rinn
Cosmic Goo Convertor
#13 - 2012-11-07 13:30:41 UTC
Ilnaurk Sithdogron
Blackwater International
#14 - 2012-11-07 13:44:25 UTC
J'Poll wrote:
I'm guessing this guy wants to pay the account with in game PLEX.

Sorry to ruin your idea, but for a new player that will be really really hard (though not impossible).

You will lack both the skillpoints as well as the actual skill as a person (knowing the game mechanics, knowledge about how EVE works in terms of ships, fits, modules, knowledge on how to make best money in a way you want).

EVE is game, stop asking how to make 500mil in a month, you are playing EVE wrong if you are just grinding ISK for another month of ISK grinding as soon as you applied that PLEX.

EVE is played correctly if you are having fun playing EVE, as that's the point of playing a game, to have fun doing it.

In time, you (likely) will be able to use PLEX to pay for your account, but don't make it a priority.


As usual, J'Poll has the right idea. I know a guy who's currently trying to make enough ISK to PLEX a trial account. We were going to hold a mining op for him Tuesday, but our corp got wardecced and we couldn't hold it. Now, instead of having fun PvPing and seeing a Death Star POS, he's so preoccupied with his ISK-making that he's miserable.

As a new player, it will be extremely difficult for you to be able to make enough ISK to PLEX in a single month. The only thing that I can think of that would probably let you do it would be getting a handle on the market and trading ... but I've been playing EVE for a year and still can't really do it that efficiently. Mining and missioning in your first month won't provide enough income unless you do it for a ridiculous amount of time or get other people to help you.

http://eve-sojourn.blogspot.com/

rodney119
No trouble in the midst
The Misfitz Collective
#15 - 2012-11-07 13:45:31 UTC
This is a great question to ask...

Most genuine new players (not alts) will find it extremely tough at first to make that kind of isk. As previously stated its not impossible.

My best idea is to get into a good corp who will help you get started, maybe with a ship and standings so you can start to become self sufficient. If I'm correct in thinking having you in a salvaging ship will make you a very useful person to have around (been a while since i was anywhere near highsec...)

Although some people say try ninja salvaging, it just annoys people to hell and more riskier for someone just trying to make a little isk. Anyway, best of luck and you'll soon get there
Eternal Montage
Myriad Sequence
#16 - 2012-11-07 14:43:46 UTC  |  Edited by: Eternal Montage
The problem is, as a PVE character, in the beginning you will need all the ISK you make for new ships, modules, implants, etc. This is pretty much the same for every profession in the game. In the first month you could theoretically make 500mil but in spending it, you are crippling your character's ability to advance.

The easiest and most viable way to pull it off would be station trading. If you want to actually enjoy eve I suggest forgetting about buying a plex for now. If you're really determined to do this, and have fun in the process, try ninja salvaging. It's probably the most money a 1st day toon can make. Its crazy, all you need is some cheap ass ships and moral latitude. Just do it right. Use a fast frigate like the Vigil and be a ninja. Probe with a probing ship; switch ships.

Reinvest that isk into a trader toon on the same account (they require minimal skills) and station trade and ninja salvage at the same time. That's how I'd do it anyways. You simply don't have the skill points to be able to make any real ISK off missions--not for the first month anyways. You certainly don't have the capabilities of ganking, exploration COULD work if you got really really lucky. Production takes time as well.

Ninja salvage is a guaranteed 5-7 mil an hour which is huge for a new player. Combine that with simultaneous passive station trading and you could be making real ISK.

EDIT: But to be clear... what you're missing out on is trial and error, experimenting with new ships, buying tons of modules and playing around with fittings. By doing this you're basically forgoing GROWTH and PROGRESSION. You probably won't enjoy it.
J'Poll
School of Applied Knowledge
Caldari State
#17 - 2012-11-07 14:44:11 UTC  |  Edited by: J'Poll
rodney119 wrote:
This is a great question to ask...

Most genuine new players (not alts) will find it extremely tough at first to make that kind of isk. As previously stated its not impossible.

My best idea is to get into a good corp who will help you get started, maybe with a ship and standings so you can start to become self sufficient. If I'm correct in thinking having you in a salvaging ship will make you a very useful person to have around (been a while since i was anywhere near highsec...)

Although some people say try ninja salvaging, it just annoys people to hell and more riskier for someone just trying to make a little isk. Anyway, best of luck and you'll soon get there


Ninja SALVAGING is risk free...you do know that salvaging wrecks is a FFA job, it's the looting that has risks. If I go and salvage your wreck, please shoot me...I will die of laughing to see your mission runner explode in a glorious ball of fire by Concord.

But on the rest you are correct.

To OP:

Don't forget...it takes around 500 - 600 mil a month to pay for a PLEX but that is just game time.

Then you have:

- Ammo
- Skillbooks
- Modules
- Ships

All which will cost you extra money....

Personal channel: Crazy Dutch Guy

Help channel: Help chat - Reloaded

Public roams channels: RvB Ganked / Redemption Road / Spectre Fleet / Bombers bar / The Content Club

Eternal Montage
Myriad Sequence
#18 - 2012-11-07 14:48:54 UTC
J'Poll wrote:
Ninja SALVAGING is risk free...


The missioner can warp out leaving the full aggro to the ninja, so there is a small amount of risk. Not too bad if you're attentive though! Granted, I've fallen victim to the rats in my ninja salvaging days.
Jame Jarl Retief
Deep Core Mining Inc.
Caldari State
#19 - 2012-11-07 16:22:48 UTC
With the upcoming AI change, ninja salvaging will be non-viable for a new player. Even without the mission runner warping out, rats can choose to switch to a target that is closer to their own size (i.e. the salvager) and pop him before he knows what's what.

For me personally, the "breaking point" was when my character was around 3 months old and I could run L4 missions solo relatively well. Before then, don't worry about trying to make ISK. Simply put, you won't be able to, your character will lack the most basic skills before then to do anything worthwhile, and the capital to do things like station trading.

So, my suggestion would be to pick a race/weapon system to train, and work your way up to L4s. It'll take 1-3 months, depending on the race and weapon system you choose. After that, you'll start making enough ISK to start throwing your weight around, and things get much easier. Before that, you're just fodder and anyone who tells you different is just selling something.

You CAN try scamming. But frankly, unless you buy some PLEX and/or get ISK to work with, scamming is pretty hard. Also it's all-or-nothing deal. On occasion you might get lucky, on the flipside you can a month trying to scam and not catch anyone. And remember, if you get pegged as a scammer, your reputation might end up shot, people put you on ignore, that type of stuff. Could really negatively affect your character's future. Which is why most people use alts for that.
Evoroth Wright
Shang Wright Corporation
#20 - 2012-11-07 16:39:44 UTC
Braden Akiga wrote:
Hi all,

I'm new and I have a question: How long does it approximately take to gain 500mil ISK?
And what's the fastest way of earning money?

thanks!


Up to an hour if you buy a PLEX and sell it for ISK :D