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EVE New Citizens Q&A

 
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What to do with salvaged items and loot?

Author
Maximus Livingston
Aliastra
Gallente Federation
#1 - 2012-10-26 13:34:49 UTC  |  Edited by: Maximus Livingston
Dear EVE Community,

I started playing this game about 1-2 weeks ago and I've been enjoying it a lot.
The way I started was training towards a Megathron (which a friend of mine told me to train for) and meanwhile I've been salvaging and doing some buying-low / selling-high on the market. Great fun so far!

So while I was salvaging I amassed about 145 million worth of salvaged items (at least, it says so on the "Estimated Price).
Things like: Missiles and ammunition, drones, modules, those Burned Logic Circuits and other Salvaged items and a lot of other stuff.

I was wondering what I should do with them? I'm quite unclear on what the most profitable way is to use these items.


I really hope to hear from you.

You may also contact me in-game, if you prefer.




Maximus Livingston.
Lyric Lahnder
Deep Core Mining Inc.
Caldari State
#2 - 2012-10-26 13:38:57 UTC
Maximus if you dont plan on making rigs with the collected items sell them for a profit.

With the ammo you could keep but as you are flying a gun boat I doubt you'll need the ammo. You could sell that too. You could get decent prices for that in Jita or Amar.

Noir. and Noir Academy are recruiting apply at www.noirmercs.com I Noir Academy: 60 days old must be able to fly at least one tech II frigate. I Noir. Recruits: 4:1 k/d ratio and can fly tech II cruisers.

Eternal Montage
Myriad Sequence
#3 - 2012-10-26 13:39:16 UTC
Well you gotta find your own method of madness but I'll tell you what I do, which I think is what most people do. I usually save up at least a hundred mil of it then throw it in a hauler and bring it to Jita. Then I sell off anything worth more than 100k and reprocess everything that's left and sell the minerals. It's a nice bonus check every once in a while.
Maximus Livingston
Aliastra
Gallente Federation
#4 - 2012-10-26 13:44:21 UTC
Lyric Lahnder wrote:
Maximus if you dont plan on making rigs with the collected items sell them for a profit.

With the ammo you could keep but as you are flying a gun boat I doubt you'll need the ammo. You could sell that too. You could get decent prices for that in Jita or Amar.


What kinds of rigs would I be making? And the rigs are only made from the Circuits, right? So what would I do with all the loot?
Also, I don't go into combat that often (for now at least). Just chilling in the station (at Dodixie) and selling stuff.

Eternal Montage wrote:
Well you gotta find your own method of madness but I'll tell you what I do, which I think is what most people do. I usually save up at least a hundred mil of it then throw it in a hauler and bring it to Jita. Then I sell off anything worth more than 100k and reprocess everything that's left and sell the minerals. It's a nice bonus check every once in a while.


Should I really have to go all the way to Jita to sell things? Isn't Dodixie good enough?
About the loot that you reprocess, are you sure that items below 100k ISK are worth it to salvage? I've checked a couple of items and for example, there's an item worth 50k. If I salvage it I get materials worth of 50k. You see what I mean?


Thank you both for replying so fast.
Jesuis Cache-Cache
#5 - 2012-10-26 13:45:17 UTC
Maximus Livingston wrote:
doing some buying-low / selling-high on the market. .
Just do this. You can't get much lower than free.

"I know a man who gave up smoking, drinking, sex, and rich food. He was healthy right up to the time he killed himself." - Johnny Carson 

Maximus Livingston
Aliastra
Gallente Federation
#6 - 2012-10-26 13:46:00 UTC
Jesuis Cache-Cache wrote:
Maximus Livingston wrote:
doing some buying-low / selling-high on the market. .
Just do this. You can't get much lower than free.


What do you mean exactly? The buying/selling on the market has nothing to do with the question I asked? So I'm not sure what you meant. =)
Jesuis Cache-Cache
#7 - 2012-10-26 13:50:25 UTC
Maximus Livingston wrote:
Jesuis Cache-Cache wrote:
Maximus Livingston wrote:
doing some buying-low / selling-high on the market. .
Just do this. You can't get much lower than free.


What do you mean exactly? The buying/selling on the market has nothing to do with the question I asked? So I'm not sure what you meant. =)

I wasn't being snide. I hope it wasn't taken as such. I apologize if it was.

It does have to do with your Q. Every bit of loot you have collected is sold on the market. Just like any other item you have actually paid ISK for.

"I know a man who gave up smoking, drinking, sex, and rich food. He was healthy right up to the time he killed himself." - Johnny Carson 

Maximus Livingston
Aliastra
Gallente Federation
#8 - 2012-10-26 13:54:34 UTC
Jesuis Cache-Cache wrote:
Maximus Livingston wrote:
Jesuis Cache-Cache wrote:
Maximus Livingston wrote:
doing some buying-low / selling-high on the market. .
Just do this. You can't get much lower than free.


What do you mean exactly? The buying/selling on the market has nothing to do with the question I asked? So I'm not sure what you meant. =)

I wasn't being snide. I hope it wasn't taken as such. I apologize if it was.

It does have to do with your Q. Every bit of loot you have collected is sold on the market. Just like any other item you have actually paid ISK for.


No no, don't worry. Everything's fine. Just didn't get the point at first, but I do now.
What about all the missiles? They're quite... worthless. Think I should just reprocess those?

Also, is it maybe smarter to get the reprocessing skill up before I start reprocessing loot?
San Fransisco
Silver Falcon Survey
#9 - 2012-10-26 13:59:17 UTC
Maximus Livingston wrote:
Should I really have to go all the way to Jita to sell things? Isn't Dodixie good enough?


Others may disagree and frankly I'm not an expert but the major diference between Jita and (other trade hub) is patience.

Due to the volume of items moving at Jita the buyers need to keep upping thier buy orders and the sellers need to keep dropping their sell orders. The margin is very narrow at Jita.

If you have a stock of items that you just want to sell to pre established buy orders, chances are the buy orders will be optimal at Jita. If you want to buy something fast for the lowest price, chances are the sell orders will be optimal at Jita. If you wish to move something quickly you should go to Jita.

However if you have a little more patience you can place your buy orders at other hubs for a lower price and your sell orders for a higher price. It will take longer but your margin/profit will be greater.

So really there is no definitive answer to the question. It depends on what you are willing to do.
San Fransisco
Silver Falcon Survey
#10 - 2012-10-26 14:06:11 UTC
Maximus Livingston wrote:
What about all the missiles? They're quite... worthless. Think I should just reprocess those?

Also, is it maybe smarter to get the reprocessing skill up before I start reprocessing loot?


One thing to keep in mind is that Ammunition and Charges (including missiles) need to be in the right sized stack before they can be reprocessed.

So long as you are not hurting for cash or materials, yes you should get your reprocessing skills up. Once again are you willing to wait for the better profit.
Jesuis Cache-Cache
#11 - 2012-10-26 14:06:15 UTC  |  Edited by: Jesuis Cache-Cache
Maximus Livingston wrote:
No no, don't worry. Everything's fine. Just didn't get the point at first, but I do now.
What about all the missiles? They're quite... worthless. Think I should just reprocess those?

Also, is it maybe smarter to get the reprocessing skill up before I start reprocessing loot?
While I am fairly new myself, I have spent many hrs in the trade side of the game. However, I haven't delt with to many of the smaller items.

I just sell the better stuff, like any other order and stockpile the little bits to put together in a bundle pack and sell them in a Contract, for later. I am kind of in the same boat you are as far as the little stuff. I'm not sure if it will be any more profitable to refine them or just sell them as is.

I would look at the worth of spending the time to train a skill to increase the profits from them. Like making something out of them. But that's a whole different skill route. To actually make any good money from manufacturing, you must put in the skill time to do any good with it. So, weigh that out to see if it will be worth the time spent training another group of skills.

Actually, I may just dump them in their associated sell order with the rest of the stuff. At least for my Burnt Circuit Boards and Metal Scraps....


EDIT :

As far as where to sell...It depends on what the item is. Some will be selling for 5k at Jita and 50K at Amarr. Jita usually has the lower selling cost of the major hubs. I would look to sell at another.

"I know a man who gave up smoking, drinking, sex, and rich food. He was healthy right up to the time he killed himself." - Johnny Carson 

Beckie DeLey
Garoun Investment Bank
Gallente Federation
#12 - 2012-10-26 14:08:14 UTC  |  Edited by: Beckie DeLey
The simple answer is this: Sell your stuff.


Here's the more longwinded answer:
Of course, like with everything in EVE, you can go several ways turning your loot into money - depending on how much effort you want to spend on it, you can earn a bit more or less from your loot. Let's review your options, i'll try to sort them a bit by amount of effort needed:

* Sell to buy orders on the local market in your system you are missioning in. That's the option that takes no effort at all. Rightclick -> sell -> receive bacon. Clean and easy.

* Sell to buy orders at the next market hub. You are likely to get a bit more for your loot if you sell it at a market hub. However, you need to get your crap there somehow. Either haul it yourself or let someone do it for you.

* Sell your stuff via sell orders at the next market hub. Instead of just filling existing orders, you can put your stuff up for sale for your own prices. Depending on the item (meta 4 loot comes to mind), there can be a significant increase in profit, but of course you will have to a)train some skills to add to your number of allowed market orders and b) you will have to watch your orders to make sure they will actually sell.

* Refining some of the loot: Modules can be broken down into minerals. Sometimes you get more for the mins than for the module and reprocessing becomes profitable. Then sell the minerals on the market. Here your mileage will vary greatly with your skills and standings.

* Manufacturing. You could use the minerals and salvage and start building T1 modules and Rigs. Doing that will take a lot of your time doing the necessary research to ensure you'll actually make money that way. Using 20mil worth of minerals to manufacture modules that sell for 15mil is not a good use of your time ;)



Between these options, you will have to find your own way. Many mission runners just sell to the local market and use the time they would be spending on hauling on running another mission instead - thus making more money in the end. It depends a lot on what you enjoy. And on your skills. Don't start getting into industry if you don't have the skills for it. Don't start playing the market game with only 4 market orders and a shitload of taxes. A lot of time can be put into refining skills. So make your pick and train accordingly.

My siren's name is Brick and she is the prettiest.

Jim Era
#13 - 2012-10-26 14:23:21 UTC
if you're lazy bring it to me and I will sell it for %20

Wat™

Robert De'Arneth
#14 - 2012-10-26 14:38:11 UTC
Most of the time Jita has better prices. I do not ever go to Dox, so no idea what prices are like there, But Jita prices always beat Amarr. Keep one of your alts in jita so you can compare prices vs dox.

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. 

Davith en Divalone
Aliastra
Gallente Federation
#15 - 2012-10-26 15:13:31 UTC
You also have to factor time/fun tradeoffs.

1. Hauling takes time. Time is Isk. It might not be worthwhile to haul goods for 1 million additional profit if you can farm 2 million in the same amount of time. This is true even if you make hauling your business.

2. Is piloting a hauler through jump after jump fun for you? Personally, I tend to just dump everything at the closest regional hub and let other people game the market. Selling at a local trade hub gets me back to what i consider to be the fun stuff quicker.
Tao Dolcino
Garoun Investment Bank
Gallente Federation
#16 - 2012-10-26 15:22:32 UTC
Maximus Livingston wrote:
while I was salvaging I amassed about 145 million worth of salvaged items (at least, it says so on the "Estimated Price)


Sadly there's a difference between the "estimated" price and the ISK you can really get from an item. Usually you'll get less. In the case of salvaged stuff you'll get MUCH less. Salavging used to pay for a new player, but nowadays it's really bad, and i'm not a money-thirsty person, i enjoy doing different stuff, even if it doesn't pay too well. But salvaging... (well, what a new player can salvage nowadays...) *shivers*...
My constructive advice would be to try out a bit of every ways to make money and choose by yourself the one(s) which work best for you (while bringing fun as well, eh, EVE is a game Blink )

Anyway, let's look forward. You said that your goal is a megathron. Maybe it'll change as you discover the game, but let's assume that you wish in every case to pilot a battleship.
I tell you : take your time. A battleship is expensive, say 100M-300M, once fitted (T1). You'll lose it, it's part of the game. Ships are consummables. So there's nothing bad to fly it if you can afford to replace it as often as you lose it, and that there's still some money left to finance your next project.
It's not specific to battleships, more of a general rule : You must be able to get enough regular income to replace your losses.
So as tempting as is seems, please don't jump too fast in a more expensive ship.
You know for example (or maybe not yet), that a lot of players do missions to earn their money.
Usually, it goes like that for which ship to use at which level :
Missions level 1 : T1 frigates
Missions level 2 : T1 cruisers
Missions level 3 : T1 Battlecruisers (BC)
Missions level 4 : T1 Battleships (BS)
You COULD use a battleship quite early and do say missions level 2 or 3 in a battleship, why not... it's possible.
But no, it's a bad idea. Why ? Because you don't earn enough regular money at this level to replace the loss of a battleship.
Say you work long and hard, slowly sparing 200M and manage to buy Megathron and fit it with cheap stuff, spending until your last coin.
What if you lose it ? Think of it.
You are ready to fly your megathron when its loss doesn't equal a financial and/or emotionnal catastrophe for you.

I'm not trying you frighten you, but we regulary see here new players rushing to the Battleships (or whatever expensive stuff) when they can barely afford to replace regulary their T1 cruisers Big smile

Take your time and enjoy the travel !