Market Discussions

There is plenty of interest bub, If what I was asking was not within my ablility I would not be asking in the first place bobby bozo Bahahahahaha

1. Get as much basic information as possible to build a risk profile. This in no way provides solid protection as people can certainly act against expectations but it does provide a guide as to when you might expect someone not to bother with scamming. The basic info I always want includes a) current outstanding unsecured debt; b) previous highest unsecured debt; c) earning history and potential, including current NAV; d) degree of activity. With this data you can see that if, for example, someone has held 20bil unsecured for 6 months, cleared that debt and then launched a new bond for 10bil then they are unlikely to be following a masterplan that will involve scamming that 10bil. It is important, however, to get a commitment, where possible, that additional funds won't be raised beyond a certain level or the 10bil could rapidly become part of a 100bil debt that may fit better into a rational masterplan.

Earning history and potential is also useful but by no means definitive. Someone who can earn 10bil a week and has actively engaged with the MD community for months is unlikely to be following a masterplan that culminates in scamming 10bil. Of course they may do so for the laughs but that is a different issue (see below). Degree of activity is worth bearing in mind as it may cast a risk profile based on the previous data into doubt. Whilst someone might not build a masterplan to scam 10bil after already not taking the opportunity to scam 20bil be aware that priorities may change over time. There may also be a desire not to screw certain old investors but to suck in new ones (see, for instance Bad Bobby's decision to refinance a bunch of old debts immediately prior to scamming).

All this data can initially be asked for from the person you are thinking about investing in but you then have to trust them that the data they give you is true. Whenever possible get a third party that you trust to confirm this information via an audit or fact check. This in no way makes the data absolutely certain but improves the chances of not being misled.

2. Be very wary about investing in people that appear to be slightly unstable, erratic or eccentric, no matter how much you like them or respect them. Unstable, flighty and changeable personality types may be lovely people (or *******s) but the additional uncertainty involved will always make an investment more of a gamble.

NEVER invest in people that are contemptuous towards their investors/potential investors or who take pleasure in the suffering, inconvenience or pain of others. If someone values putting other people in positions of distress they may well end up deciding that distressed investors are worth more than on-going business relationships.

3. Make sure you get a decent return for your risk. Acknowledge your own fallibility and ask yourself how often you would expect to be wrong. If you think something like BMBE looks like a pretty good bet, ask yourself whether you would be surprised if analogously good bets failed defaulted or scammed once in a year, two years, three years, etc … So, if it wouldn't surprise you if you took three years off eve and came back to find that at least one person you trust as much as BMBE or Grendell or Chribba or Darkness had scammed then it would probably be a good idea to only invest in such people if you can get an interest rate according to which one successful investment would at least balance out a failure (so roughly 3%). Obviously this is a non-rigorous rule of thumb.

4. Never be afraid to pull an investment if new information or behaviour makes you nervous.

Thanks for the info RAW. The third party setup was something I have been interested in too but I have seen that those who hold his position have done so for years, so it seems that trying to head in that direction would take a while to do so...maybe prove themselves as market gurus first before making the jump.

In my market, I have actually found somewhat of a niche but the going is so slow and the isk amount is low. Would it be wise to send buy orders out farther than a hub station and then go retrieve those items in a fast ship? I see that I am at the mercy of those who are selling the items that I am flipping for a profit, and while the percentage of profit is amazing, the actual isk amount is somewhat small.

My liquid isk is still at a very low stage at the moment. I have also thought of moving into another branch (ships) but it seems the market is shaky for buying and selling those. I am just worried about the lack of volume I have been seeing so far. It might be that I just don't have the capital to actually start making the bigger moves, but I am not sure how much capital I would need to do that.

Thanks for the info RAW. The third party setup was something I have been interested in too but I have seen that those who hold his position have done so for years, so it seems that trying to head in that direction would take a while to do so...maybe prove themselves as market gurus first before making the jump.

In my market, I have actually found somewhat of a niche but the going is so slow and the isk amount is low. Would it be wise to send buy orders out farther than a hub station and then go retrieve those items in a fast ship? I see that I am at the mercy of those who are selling the items that I am flipping for a profit, and while the percentage of profit is amazing, the actual isk amount is somewhat small.

My liquid isk is still at a very low stage at the moment. I have also thought of moving into another branch (ships) but it seems the market is shaky for buying and selling those. I am just worried about the lack of volume I have been seeing so far. It might be that I just don't have the capital to actually start making the bigger moves, but I am not sure how much capital I would need to do that.

while the percentage of profit is amazing, the actual isk amount is somewhat small.

From what I have noticed that if you seem to go for things above 5-6m isk each, the margin between buy and sell is actually very small.

I am still working with 4.7% tax right now due to skills, and I still working small in order to get the hang of this market and its trends. I am nowhere close to understanding it now but I hope to real soon.

Natalia Petronovska keep in mind that the market discussion forum clowns are giving you the same advice they give everyone else, they are pointing you in the direction of over saturated trade strategies. Once you build up some capital...

RAW23, I know you think you are the sh*t at internet spaceship video game market ventures, but what you need to remember is there is always someone smarter, and better than you at earning isk.

I earn 1-1.5 billion isk an hour in the market, and that is nothing.

You keep playing the .01 isk game for your 500 million an hour bub, someone else smarter than the both of us put together is making 5 billion an hour with far less effort bahahahaha you clown.

RAW23, I know you think you are the sh*t at internet spaceship video game market ventures, but what you need to remember is there is always someone smarter, and better than you at earning isk.

I earn 1-1.5 billion isk an hour in the market, and that is nothing.

You keep playing the .01 isk game for your 500 million an hour bub, someone else smarter than the both of us put together is making 5 billion an hour with far less effort bahahahaha you clown.