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How did you start out?

Author
Luthor Ikkala
Snow Moon City
Fraternity.
#1 - 2016-01-05 19:23:47 UTC
Hi there!

Im new to this game and was wondering how have you started making isk. At the beginning i meän. I think ive made it to 15m Mark now nyt due to limited game time its growing so slowly. I atm only so station trading with some PI training.
Bumblefck
Kerensky Initiatives
#2 - 2016-01-05 20:08:12 UTC
I started by logging on to the sounds of Kenny Loggins

Perfection is a dish best served like wasabi .

Bumble's Space Log

Adunh Slavy
#3 - 2016-01-05 20:56:47 UTC
Running goods in and out of low sec. Minerals and moon mins out, ammo and basic mods in.

Necessity is the plea for every infringement of human freedom. It is the argument of tyrants; it is the creed of slaves.  - William Pitt

Rykker Bow
Center for Advanced Studies
#4 - 2016-01-05 22:17:16 UTC  |  Edited by: Rykker Bow
running missions to build up a little bankroll

then . . . .

100m to 50b in my first 4 months trading (post #42)

The markets in eve are pretty damn interesting if that's your thing.

The Mjolnir Bloc - Lowsec PvP for the sophisticated - The Mjolnir Bloc Killboards

Fat Buddah
Federal Navy Academy
Gallente Federation
#5 - 2016-01-06 01:48:40 UTC  |  Edited by: Fat Buddah
I started out with the basic buy-haul-sell trading relying on EVE-Central. This was before CREST or real time game-cache reading, so naturally I got burned several times and quickly lost the interest in this kind of trading.

So I moved onto listing T2 hardeners and drones for sale in the systems surrounding a LV4 agent system. This was long before Mobile Depot was introduced and I earned enough to buy a Raven, which then was promptly sold off using a CNRaven contract scam in Jita for 600M Twisted

After that.. the usual story of Trading one or two items, then more items, then more stations, and then going inter-regional, etc etc.

Now I buy through regionaly ranged buy orders, move using couriers, and sell through sell orders. <- so I'm back to the basic buy-haul-sell Smile
Caleb Ayrania
TarNec
Invisible Exchequer
#6 - 2016-01-06 02:02:51 UTC
If you want to do trading the basic rules apply trade what you know, and location location location..

The rest is brand building, and diversification..

Always keep in mind who are you doing the favor/service, who benefits from your trading.. If its just your wallet you focus on you miss the bigger picture.

If you have an interest in trade the meta layer is a huge benefit, and a great road to playing the "enabler" game! [The CCP Seagul term for the players that make things happen]

Star Killer14
Core World Imperium
#7 - 2016-01-06 04:18:59 UTC
Hello,

I started out mining for about 3 hours a day when I was working on things or reading a book. I then started manufacturing with my minerals, at the time I was selling the finished products for a few million less than the minerals. This is very bad since mining minerals in NOT free so I then readjusted spreadsheets and started making money on my manufacturing.

Eventually I was building so much I had to start buying minerals to supply my production. At this time I did my first bind for several hundred million, i think. This was also around the time of the BC tiericide so I was making good isk doing this. I followed this bond with several others going up to 9b which I payed back several months ago.

Currently I make enough to PLEX several accounts and fly whatever I want in PVP without much care. For anyone who says manufacturing is a waste of time or not worth it or not profitable I say look around more and make LOTS of spreadsheets.

Hope that helps you make your own EVE fortune,
Koniforous
Tauren Transit
#8 - 2016-01-06 04:41:20 UTC
Station traded plex for a few months, several flips a day, making 1-3bil a month. Wanted to use other people's ISK to make myself more, and share a tiny bit of the profits, so I did a bunch of research on past banks in eve. Then I started one. It was very successful
After the huge initial MD regulars claiming I was a scam. Profits slumped after my time with eve grew shorter and I eventually closed it. This is where the primary source of my wealth has come from, but I missioned, mined, and did blue print research copying for years before.
Bad Bobby
Bring Me Sunshine
In Tea We Trust
#9 - 2016-01-06 06:00:45 UTC
Doing level 3 missions in a Ferox fitted with heavy missile launchers.
Luthor Ikkala
Snow Moon City
Fraternity.
#10 - 2016-01-06 08:21:00 UTC
Thx for all the replies!
I think i will have to change my trading strategy a bit. Ill get away from the higher volume products so i dont have to babysit my orders too much. Ive found few items worth station trading and few items i haul to jita.
Also im getting some profit from my PI places this week. Soon i think ill have to start mining and doing some manufacturing aswell.
Nerapa
Aliastra
Gallente Federation
#11 - 2016-01-06 16:58:29 UTC
I started off mining then moved onto running my own mining corp with a 7.5% tax. I recruited the hell out of the corp and was making an easy 300mil a week profit in ore sales. I wound up the corp and moved on to practice PVP with the nice ISK I had accumulated. I did some small gang piracy and ganks, got some nice loots and whilst there was no PVP I ran DED sites which covered my losses. I then moved into WH space once I had enough ISK to sustain myself and lowsec wasnt as challenging as I hoped.

When I moved into WH space thats where it all changed. I started making copious amounts of ISK relatively easy and accumulated rouhgly 15 billion in a matter of months. I then sold my character at the time so I could buy an even higher SP character which opened up even more doors me. I got use to my new char, the new SP and all the nice ships he could fly on the test server and I finally took the plunge to move into C5 space.

On average I'm banking 600mil an hour if you break it down like that but I turn about 3bil a week between running high end gas sites, solo'ing C5 anoms and capital escalations.

I have more money than I can spend and will ever need to spend so eventually started "Investing" it via MD through bonds, loans and share sales etc.

I only ever invest if there's collateral.

TL:DR - Mining scrub, ex-CEO, WH dweller, Sold toon, bought better toon, rolling in cash.

Grendell
Technologies Unlimited
#12 - 2016-01-06 17:14:21 UTC
ninja mining zydrine in a frigate until I had enough isk to buy my first cruiser. I then mined for a battleship. I was then considered rich because I had a battelship. Mind you this was 2003, so times were different Lol

◄[♥]►3rd Party Service◄[♥]►

♥ Securing Peace of mind ♥

Hel O'Ween
Men On A Mission
#13 - 2016-01-06 17:47:02 UTC
Very boring: missions. Lvl3 in a Cyclone (Hurricane didn't existed at that time) , Lvl4 in a Tempest first (Macharial didn't exist) , Raven later. And I did that for years (not kidding you).

EVEWalletAware - an offline wallet manager.

Magnu Stormhawk
#14 - 2016-01-06 18:01:09 UTC
Hauling NPC goods on trade routes until I understood how the market worked, then regional trading and station trading. Just dipped my toes in a bit of everything after that, and earned a bit of meta game income from accounting and audit services along the way :)
Elizabeth Norn
Nornir Research
Nornir Empire
#15 - 2016-01-06 18:49:43 UTC
In 2010 I was doing the pretty typical Raven levelling grind until I earnt enough to max out my Marauder prestige class, then I bought another character so I could simultaneously maraud two missions. At some point I made a market alt to ship my stuff, produce BPCs from LP Stores and sell products, this led to me trying to fill my manufacturing slots with similar products when done with the minor amount of BPCs I could get for my LP, then I found faction ship BPCs and started to produce these, got investments from corp members to purchase a few more at a time and continued this for a while until getting bored of doing missions and quit.

I came back in 2013 and rejoined my old corp who had moved to null and noticed people sold stuff out there well below Jita, so I started buying them up and having a friend ship the stuff to low sec in his carrier. I also picked up the faction ship building again and eventually stopped going back to null to pick up the firesales.

The catalyst that catapulted me into what I've been doing for the last 2-3 years was finding out that you can view other peoples' contract history which could show you how much items were recently sold for, if you knew the sellers. After losing out on a few profitable contracts I soon found out who the traders to watch were and I just emulated them, remembering the prices they bought and sold for and checking back to see what was selling, or what juicy contracts I had missed.

TLDR: Missions, expanded on what I knew, happened to find people doing similar things and more, then shamelessly copied them.
Angelica Everstar
#16 - 2016-01-06 19:40:01 UTC
EVE Fanfest 2015: Confessions of an EVE Trillionaire :
https://youtu.be/1jytAfRGsjw

A fair part of this presentation is about how I got started, and what I have done as a trader.

§ Current Bond AE09 1 Trillion / Acc. 4,5t ISK

ƒ Want to become a better trader ?

¢ Pls help support EVEs charities!

@EveEntrepreneur

Iria Ahrens
Space Perverts and Forum Pirates
#17 - 2016-01-06 21:11:41 UTC  |  Edited by: Iria Ahrens
I started doing courier contracts. Then I started trading using eve tradefinder. After doing a few of these, I realized buying at buy prices and selling at sell prices, even best inter-regional prices was sub optimal.

So while my capital was low, I started leaving a sell order when I logged off for the day, until I made enough capital that I could just leave the order active until it sold without monitoring it much.

I think eve-tradefinder is done, but eve-central does have a trade finder too. You can use it to find good buy/sell matches, to quickly raise your capital.

My choice of pronouns is based on your avatar. Even if I know what is behind the avatar.

Sabriz Adoudel
Move along there is nothing here
#18 - 2016-01-06 22:45:22 UTC
I started as a dabbler, mostly running missions.

If I had my time over, I'd have made my first 5 billion scamming, focusing on mission hubs and preying upon people's inattentiveness and greed. Now that I have tens of billions in capital behind me, offering scam contracts of mission completion items isn't lucrative - I can just trek to Jita, buy several billion worth of (items redacted) and get them hauled to alternate locations, then resell them. But when that was not an option, theft was the best way.

I'd also have gotten into tech 2 production earlier. Learning the intricate dependencies of what is used to build what has earned me a lot since. For example when the Endurance was released, I knew that the skills and materials needed to build it were the same as for the Taranis and Ares, so I assumed production on those interceptors would crash with no change in demand, and did a moderate size buyup which payed off well.

I support the New Order and CODE. alliance. www.minerbumping.com

Froggy Storm
KarmaFleet
Goonswarm Federation
#19 - 2016-01-06 23:38:52 UTC
I've been gone for nearly a year so it may not be too applicable now, but playing fuel tanker can be an easy way to build up funds. Buy racial fuel isotopes in their narive trade hub and ship it to another major hub with different local ice isotopes. Iirc there is a racial transport ship dedicated to isotopes as well that can make it more efficient.

The upside is that there (in the past) was always a modest margin in both directions.
The downside is that you are a space trucker/tanker which is boring and if you are over full in terms of value then miniluv or code will want to give you some advice.
Hemmo Paskiainen
#20 - 2016-01-07 12:23:00 UTC
reselling officer modules, try it, easy plex a month profit!

Everyone go do it!!!! Free Plexes for everyone!!!

If relativity equals time plus momentum, what equals relativity, if the momentum is minus to the time?

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