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How to grow 30b?

Author
Luther Fairfax
Wholesale Industrial Supply Co.
Reeloaded.
#1 - 2016-01-05 18:26:53 UTC
Hello Marketeers!

I have recently acquired about 30 bil in liquid isk, and am interested in growing it. I've been playing Eve for about 4 years now. I used to be into PVP and PVE, but RL has restricted my availability significantly and I recently moved into a new apartment with terrible internet, so I see this as the perfect opportunity to get my feet wet in the market, something i've been interested in doing for a long time.

My internet speed is so bad that I regularly DC just sitting in station and grid takes forever to load when I undock, so unfortunately both PVP and PVE are off the table at this point. This is my only active account at the present time, and he used to be a Booster and JF alt to support my other accounts, so he has no standings, industry or market skills as of yet.

The way I look at it my options are basically limited to station trading and maybe research or something of that nature at an NPC station or a POS, if I can manage to set one up. But I've also never had this much isk in the wallet and am not sure where a safe place to start might be. I've been playing the .01 isk game in Amarr for a while but I find it boring and I'd love to get some other opinions or ideas that might suit me and my current circumstances.
Edwin Rothbard
Interstellar Arbitrage
#2 - 2016-01-05 18:37:04 UTC
Luther Fairfax wrote:
I've been playing the .01 isk game in Amarr for a while but I find it boring...

You will hate station trading then.

There are countless investment scams here in MD you could invest in.
Cista2
EVE Museum
#3 - 2016-01-05 18:45:48 UTC
Beating my own horse here but invest in Quafe. They were recently re-released during Frostfell (is that still ongong btw?) and price dropped from 20 mil to 5-6mil, now 8-9 mil. Could go back a little again, but then they will slowly grow in value.

You can also look at things that are sold in small quantities, like very expensive implants or ships. You can often make profits of 30-50% each time you sell one if you are patient (assuming you are in Jita). Maybe that is more interesting for you than 0.01 isking.

My channel: "Signatures" -

Luther Fairfax
Wholesale Industrial Supply Co.
Reeloaded.
#4 - 2016-01-05 18:51:49 UTC
Edwin Rothbard wrote:
Luther Fairfax wrote:
I've been playing the .01 isk game in Amarr for a while but I find it boring...

You will hate station trading then.

There are countless investment scams here in MD you could invest in.


It's not that bad. It's something I could get used to if I see myself progressing, and if my two options are either trading or no Eve, I'll happily start trading.
Rykker Bow
Center for Advanced Studies
#5 - 2016-01-05 22:22:59 UTC
It looks like you have the time and desire, my advice is to start reading. Read everything you can get your hands on and you'll see pieces of information being said over and over again...both the good and the bad. Build yourself a foundation of knowledge and then apply it to the markets, it'll work out well in the end.

There are some gems hidden away in these forums. They're tough to find and you'll learn a ton along the way.

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

Caleb Ayrania
TarNec
Invisible Exchequer
#6 - 2016-01-06 02:13:07 UTC
Get into medium and long term investment.. Ride the isk waves..

Watch shows like Prosper (on youtube) and keep up to date on dev blogs etc.. Learn to read the market and why it moves, then just build port folios and sit and watch the graphs of their value..

That is about as non client demanding meta market gaming as you can get. :)

My personal advice dont jump on the Quafe wagon, it might look like a safe bet, but so are all of that "type" but when too many are already on the wagon, your share will not be that of a lion..


and ofc join the scc-lounge ingame, to chat about your ideas and analysis for some peer feedback.

Star Killer14
Core World Imperium
#7 - 2016-01-06 03:57:46 UTC
Hi,

I personally have really enjoyed the production side of things; I have had good luck there. However, it does take a few months of skill training to do a lot of it and requires several characters to make it really worth while. You also have a lot of spreadsheets usually of how much various items cost to build based on several ME values. It is though pretty easy once you get going and doesn't require much time to run efficiently.

If you don't want to train several toons then trading is your best bet.

Hope that helps you.

Sabriz Adoudel
Move along there is nothing here
#8 - 2016-01-06 22:47:04 UTC
Cista2 wrote:
Beating my own horse here but invest in Quafe. They were recently re-released during Frostfell (is that still ongong btw?) and price dropped from 20 mil to 5-6mil, now 8-9 mil. Could go back a little again, but then they will slowly grow in value.

You can also look at things that are sold in small quantities, like very expensive implants or ships. You can often make profits of 30-50% each time you sell one if you are patient (assuming you are in Jita). Maybe that is more interesting for you than 0.01 isking.



On the expensive ships side of things - there's a ~1100m ship that I often buy in Jita to sell in another hub.

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

Troy Cintryx
Strategic Operations Inc.
#9 - 2016-01-08 15:14:54 UTC
^ Even more expensive than that, you may want to try market manipulation. It can be a bit of a risk, but you can minimize the risk once you learn what you are doing.

Market manipulation involves monopolizing one or items in a market (or in the entire universe), and increasing the price as you see fit.

Or, you may want to just stick to regional and interregional trading. It's actually lots of fun, and you don't have to play the .01 game, which gets boring REALLY fast.

Building empires in EVE for over 12 years.

Watch my EVE Corporation Management training videos here.

Luther Fairfax
Wholesale Industrial Supply Co.
Reeloaded.
#10 - 2016-01-08 16:41:51 UTC  |  Edited by: Luther Fairfax
Thanks for all your advice so far everybody,

Regarding regional or interregional trading, I'm willing to give it a shot if the internet connection proves to be stable enough. is there a tool that you use to find current prices in other regions or do you just use alts?

Edit: I am aware of EveCentral but not really sure if there is anything else available.
Elizabeth Norn
Nornir Research
Nornir Empire
#11 - 2016-01-08 18:02:04 UTC
Sabriz Adoudel wrote:
Cista2 wrote:
Beating my own horse here but invest in Quafe. They were recently re-released during Frostfell (is that still ongong btw?) and price dropped from 20 mil to 5-6mil, now 8-9 mil. Could go back a little again, but then they will slowly grow in value.

You can also look at things that are sold in small quantities, like very expensive implants or ships. You can often make profits of 30-50% each time you sell one if you are patient (assuming you are in Jita). Maybe that is more interesting for you than 0.01 isking.



On the expensive ships side of things - there's a ~1100m ship that I often buy in Jita to sell in another hub.


Do you happen to selling some in Jita right now?
Luther Fairfax
Wholesale Industrial Supply Co.
Reeloaded.
#12 - 2016-01-11 20:38:35 UTC
Well thanks for the suggestions everyone. I've decided to continue learning about the market in my downtime but I've learned that it's not really something I enjoy enough to put any significant amount of effort into. I'll probably go back to my old activities as soon as my bipolar internet situation has changed.

Thanks again and good luck o7

Cixi
#13 - 2016-01-14 17:20:25 UTC
If you did not aquire that money from trading then you should probably stay out of the speculation market, this will be nothing but a gamble without expenrience.
Luthor Ikkala
Snow Moon City
Fraternity.
#14 - 2016-01-17 18:24:26 UTC
Isn't all trading in eve a gamble? You can never know when someone comes and undercuts the price into oblivion!! I hate that so much
Elizabeth Norn
Nornir Research
Nornir Empire
#15 - 2016-01-17 19:36:51 UTC
Luthor Ikkala wrote:
Isn't all trading in eve a gamble?


Perhaps, but the expected value is very good if you know what you're doing.
Fin Udan
Doomheim
#16 - 2016-01-17 22:15:48 UTC
Luthor Ikkala wrote:
Isn't all trading in eve a gamble? You can never know when someone comes and undercuts the price into oblivion!! I hate that so much


If you believe that you are doing it all wrong.

I trade Eve Mogul

Sabriz Adoudel
Move along there is nothing here
#17 - 2016-01-17 23:55:33 UTC
Elizabeth Norn wrote:
Luthor Ikkala wrote:
Isn't all trading in eve a gamble?


Perhaps, but the expected value is very good if you know what you're doing.



Exactly, every purchase is a risk but (if you do low risk trading) the losses are pretty rare.

The worst you usually get burned is if you are trading in a module used in null doctrine fleets and the doctrine in question is retired. Even then you can usually find someone else to take most of the loss (just dump on a buy order)

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

Kaivar Lancer
Doomheim
#18 - 2016-01-20 15:46:07 UTC
Invest in "prestige" items for the long-term. People with more money than sense will buy them at a huge markup.
flakeys
Doomheim
#19 - 2016-01-21 18:03:52 UTC
Give it water ...

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

Gaius Clabbacus
Control Alt Delve
Goonswarm Federation
#20 - 2016-01-21 21:56:09 UTC
Buy Plex and wait. If the market crashes you will at least be able to play for free.