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Station trader in need of a 2-3B loan, up to 15% monthly
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Marvin Erikson
Caldari Provisions
Caldari State
#1 - 2015-08-06 09:27:16 UTC  |  Edited by: Marvin Erikson
Hello, I am a station trader with around 4B in capital in need of a loan. I figured if I could start trading higher-staked items, I would get more profit per month.

All I need is 2-3B more to make a significant impact on my capital. I can provide API keys if needed. Unfortunately, I cannot provide any collateral as all I have is pure capital, but I am trustworthy.

Please let me know the terms of your loan such as interest rates and such. Thank you.
Kooshti
Pator Tech School
Minmatar Republic
#2 - 2015-08-06 09:40:33 UTC
I too need a 2-3bil loan to increase capital, no collateral either but i have been working the market for a couple of days and have made roughly 12mil profit, if i had say 2-3bil i could probably make around 500mil profit? in a day or two?
Marvin Erikson
Caldari Provisions
Caldari State
#3 - 2015-08-06 09:42:11 UTC
Kooshti wrote:
I too need a 2-3bil loan to increase capital, no collateral either but i have been working the market for a couple of days and have made roughly 12mil profit, if i had say 2-3bil i could probably make around 500mil profit? in a day or two?


Please do not hijack my thread.
Bobb Bobbington
Rattini Tribe
Minmatar Fleet Alliance
#4 - 2015-08-06 10:11:04 UTC
I have a little more than 2b isk, and trade faction parts just fine with that amount of capital. I might make more if I used all of my orders with smaller items, but it really cuts down the time it takes to update them when you only ever have like 40 or 50 orders up.

This is a signature.

It has a 25m signature.

No it's not a cosmic signature.

Probably.

Btw my corp's recruiting.
Bad Bobby
Bring Me Sunshine
In Tea We Trust
#5 - 2015-08-06 10:17:39 UTC
Bobb Bobbington wrote:
I have a little more than 2b isk, and trade faction parts just fine with that amount of capital. I might make more if I used all of my orders with smaller items, but it really cuts down the time it takes to update them when you only ever have like 40 or 50 orders up.
I have just short of 7320 active orders up (24 Tycoon V characters fully utilised) and it takes me less than 60 minutes per week to maintain them.

While the number of orders and the size of your basket of goods does make a difference, the amount of competition in your chosen marketplace is far more important.
Bad Bobby
Bring Me Sunshine
In Tea We Trust
#6 - 2015-08-06 10:19:18 UTC
Marvin Erikson wrote:
Kooshti wrote:
I too need a 2-3bil loan to increase capital, no collateral either but i have been working the market for a couple of days and have made roughly 12mil profit, if i had say 2-3bil i could probably make around 500mil profit? in a day or two?
Please do not hijack my thread.

I wouldn't worry about it, I doubt you'll be getting any investment based on your posting history and I doubt the hi-jacker is going to fair any better.

We may as well just derail this thread into something useful instead.
Kooshti
Pator Tech School
Minmatar Republic
#7 - 2015-08-06 10:24:22 UTC
is 12mil profit not good enough?
Elizabeth Norn
Nornir Research
Nornir Empire
#8 - 2015-08-06 12:38:39 UTC
Marvin Erikson
Caldari Provisions
Caldari State
#9 - 2015-08-06 12:50:29 UTC
Elizabeth Norn wrote:
Roll

No profit in character trading, eh?


Actually, I just bought this toon and have no intention of letting go of it, so you're asking the wrong question to the wrong person. :)
Kooshti
Pator Tech School
Minmatar Republic
#10 - 2015-08-06 12:52:16 UTC
if you loan me 2bil of your 4bil i could defo make you more to increase your capital, win win?
Bobb Bobbington
Rattini Tribe
Minmatar Fleet Alliance
#11 - 2015-08-06 13:40:50 UTC
Bad Bobby wrote:
Bobb Bobbington wrote:
I have a little more than 2b isk, and trade faction parts just fine with that amount of capital. I might make more if I used all of my orders with smaller items, but it really cuts down the time it takes to update them when you only ever have like 40 or 50 orders up.
I have just short of 7320 active orders up (24 Tycoon V characters fully utilised) and it takes me less than 60 minutes per week to maintain them.

While the number of orders and the size of your basket of goods does make a difference, the amount of competition in your chosen marketplace is far more important.



The time I have to play the game is sortof hit-and-miss, so I like to log in like once every 4 hours when I have the chance to just update my orders, the less time I need to update them the better, I usually keep it around 5 minutes. I can see how updating lots of orders would be a useful tactic for someone with large defined blocks of when they can and can't play, but for me keeping less, more expensive, orders is best.

This is a signature.

It has a 25m signature.

No it's not a cosmic signature.

Probably.

Btw my corp's recruiting.
Bad Bobby
Bring Me Sunshine
In Tea We Trust
#12 - 2015-08-06 15:24:23 UTC
Bobb Bobbington wrote:
Bad Bobby wrote:
Bobb Bobbington wrote:
I have a little more than 2b isk, and trade faction parts just fine with that amount of capital. I might make more if I used all of my orders with smaller items, but it really cuts down the time it takes to update them when you only ever have like 40 or 50 orders up.
I have just short of 7320 active orders up (24 Tycoon V characters fully utilised) and it takes me less than 60 minutes per week to maintain them.

While the number of orders and the size of your basket of goods does make a difference, the amount of competition in your chosen marketplace is far more important.

The time I have to play the game is sortof hit-and-miss, so I like to log in like once every 4 hours when I have the chance to just update my orders, the less time I need to update them the better, I usually keep it around 5 minutes. I can see how updating lots of orders would be a useful tactic for someone with large defined blocks of when they can and can't play, but for me keeping less, more expensive, orders is best.

As long as you are thinking about what works for you and not what works for other people, then you're doing it right.
Marvin Erikson
Caldari Provisions
Caldari State
#13 - 2015-08-06 15:31:20 UTC
Actually, I get it, it's good to be skeptic in a game where you can lose all of your isk in a bad investment. But how can I prove that I'm worthy of loans? Please walk me through the process.
Bad Bobby
Bring Me Sunshine
In Tea We Trust
#14 - 2015-08-06 15:43:13 UTC
Marvin Erikson wrote:
Actually, I get it, it's good to be skeptic in a game where you can lose all of your isk in a bad investment. But how can I prove that I'm worthy of loans? Please walk me through the process.

Learn to post better.

Participate in a community for several months before trying to touch them for money.

Demonstrate a track record of effective trading through your API over a period of time directly prior to asking for money, not afterwards.

Invest more effort in general (although you probably won't need to borrow anything if you do that).
Elizabeth Norn
Nornir Research
Nornir Empire
#15 - 2015-08-06 17:56:42 UTC  |  Edited by: Elizabeth Norn
Marvin Erikson wrote:
Elizabeth Norn wrote:
Roll

No profit in character trading, eh?


Actually, I just bought this toon and have no intention of letting go of it, so you're asking the wrong question to the wrong person. :)


My apologies, but you have done an excellent job of running circles in the snow P.

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Buddy link w/ bonus 250k SP, you keep the whole PLEX upon subscribing
flakeys
Doomheim
#16 - 2015-08-06 18:24:52 UTC
Bad Bobby wrote:
Marvin Erikson wrote:
Actually, I get it, it's good to be skeptic in a game where you can lose all of your isk in a bad investment. But how can I prove that I'm worthy of loans? Please walk me through the process.

Learn to post better.

Participate in a community for several months before trying to touch them for money.

Demonstrate a track record of effective trading through your API over a period of time directly prior to asking for money, not afterwards.

Invest more effort in general (although you probably won't need to borrow anything if you do that).




MMm i only hit one of those four stepstones .. you saying i am not quallified to ask for a loan bobby ? Cry

We are all born ignorant, but one must work hard to remain stupid.
flakeys
Doomheim
#17 - 2015-08-06 18:25:49 UTC
Elizabeth Norn wrote:
Marvin Erikson wrote:
Elizabeth Norn wrote:
Roll

No profit in character trading, eh?


Actually, I just bought this toon and have no intention of letting go of it, so you're asking the wrong question to the wrong person. :)


My apologies, but you have done an excellent job of running circles in the snow P.



I like to make figures in the snow by making it yellow .... Shocked .... is that odd ?

We are all born ignorant, but one must work hard to remain stupid.
Rykker Bow
Center for Advanced Studies
#18 - 2015-08-06 18:28:52 UTC  |  Edited by: Rykker Bow
Bad Bobby wrote:

Learn to post better.

Participate in a community for several months before trying to touch them for money.

Demonstrate a track record of effective trading through your API over a period of time directly prior to asking for money, not afterwards.

Invest more effort in general (although you probably won't need to borrow anything if you do that).


This sums it up quite nicely. Using a character reputation as collateral for a loan is a long term process that can take months or even years to get the sums you desire. Usually, as BB said, it's easier to spend that time and effort making money with current capital.

If you do continue down thus path, start investing some time in providing content to the MD community and hanging out in the multiple in-game market social channels. Get out there and press the flesh so to speak.

The Mjolnir Bloc - Lowsec PvP for the sophisticated - The Mjolnir Bloc Killboards
Bad Bobby
Bring Me Sunshine
In Tea We Trust
#19 - 2015-08-06 18:32:37 UTC
flakeys wrote:
Bad Bobby wrote:
Marvin Erikson wrote:
Actually, I get it, it's good to be skeptic in a game where you can lose all of your isk in a bad investment. But how can I prove that I'm worthy of loans? Please walk me through the process.

Learn to post better.

Participate in a community for several months before trying to touch them for money.

Demonstrate a track record of effective trading through your API over a period of time directly prior to asking for money, not afterwards.

Invest more effort in general (although you probably won't need to borrow anything if you do that).

MMm i only hit one of those four stepstones .. you saying i am not quallified to ask for a loan bobby ? Cry

Sorry, my intention was to suggest he do any one of those things.

And if you were to ask for a loan, what would you do with the money? You're filthy rich already.
flakeys
Doomheim
#20 - 2015-08-06 18:56:42 UTC
Did rykker just say ''thus'' ? Is that actually still a word commonly used by british and american people in the 21st century?

We are all born ignorant, but one must work hard to remain stupid.
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