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Character Trading investment. Discussion

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Lucas Kell
Solitude Trading
S.N.O.T.
#21 - 2013-12-27 10:29:50 UTC
Exiled Sanchez wrote:
This is why most people are poor.
even if you're a faceroll away from (500mil x 15 =) 7,5 bil passive income a month, you still find something to QQ about. "sounds like effort!" yep. and this is why you mine.

the peasant's guide to riches is trial & error. we've all been there. if you want to get there faster, try my ponzi.
7.5b is easy to roll on a single character a month. You can do that in T1s. Running 15 characters all running 10 science and 10 manufacture queues you can make a **** load more than 7.5b/month.

And a lot of income is passive. Most of my industry chars I have to log in for all of a minute to queue their jobs.

And note, I'm not QQing. I'm simply answering the OPs question, that in general, it's not an easy task to make a heap of cash from characters. If it was, it would be the most commonly run isk making activity, and nobody would make any isk as the market would be flooded. I'm not saying there arent some people that make a lot of passive income, I'm simply stating it's not common as ****.

But by all means, proceed to tell me how its super easy to do and how everyone can make hundreds of characters and make loads of isk from it.

The Indecisive Noob - EVE fan blog.

Wholesale Trading - The new bulk trading mailing list.
Lucas Kell
Solitude Trading
S.N.O.T.
#22 - 2013-12-27 10:35:55 UTC
Elizabeth Norn wrote:
Multiply that by a few hundred, remember that the time investment is very little and then work out the ISK/hour. Remember it's also very cheap to start training a character.
Why am i multiplying it by a few hundred exactly? Sure, If I multiply my income by an arbitrary number, it will seem amazing, but that's not based on facts. Selling a single year old character will not make as much income as a single character could make passively over the same year. That's as simple as I can put it for you.

Elizabeth Norn wrote:
If every pleb did it, no one would be raking in profit eh?
Pretty much. It takes a bit of understanding too though. You can't just make any character and hope it sells, you need to know what people are likely to want in a year.

Elizabeth Norn wrote:
I bet you think the same about blueprints :p. Clearly training characters yourself is not the only thing you do, as there are other people selling characters too. Why isn't everyone trading when that is clearly much better than mining or missions?
I'm not sure I get this. Do I think blueprints (i assume you mean high end ones) are traded by a smaller subset of the community? Yes, I do. Again, it's not something everyone could do with ease and if everyone did, the market would die.

The Indecisive Noob - EVE fan blog.

Wholesale Trading - The new bulk trading mailing list.
Lucas Kell
Solitude Trading
S.N.O.T.
#23 - 2013-12-27 10:42:36 UTC
X ATM092 wrote:
Maybe 4 skill queue updates a month so we're looking at 125m per login, 10 updated simultaneously for a total time of about a minute so we're looking at about 1.25b/minute. Wouldn't log in for much less, your suggestion I do this day in day out is kinda silly.

There is nothing unique about what I do beyond my experience of the bazaar and my ability to accurately guess what someone will pay for a given toon. Anyone can learn this. You're not getting that what people paid for a toon has literally zero relevance on what it's now worth.

The idea that most income from chars is training them is wrong. Flipping is just as good if you want to get into it and is a better, albeit less passive, way of making isk. If you want to actively work a bankroll then buying and selling will generate you far greater returns but the isk/minute is way lower. Training is only good if you have trillions lying around and don't want to manage it but still want more trillions.

Again, you are way, way outside your area of expertise and are just saying things that are flat out wrong here. I don't know why you would think your 2 cents have any value on this topic.
LOL.
So that's how you work out your per minute income eh? Congratulations.
It still takes you a year or so to train a character. There's no point working out your "per minute" income if part of the job requires waiting. It's not like you could log on for 10 minutes and suddenly be 12.5b up.

And to be honest mate, you know absolutely **** all about my area of expertise. But I guess you must be right. I guess it's EASY to make BILLIONS from characters, which is why everyone is doing it right? It takes no effort, beyond a handful of minutes, and you roll away with guaranteed income right? Everyone quick, make characters for sale!

You're an absolute ******* moron. Just because some people can make some isk from it does NOT mean it's automatically an isk making activity for all. What the OP is asking, he's likely to LOSE A LOT of isk by jumping into it with no idea what he is doing, because a ******** like you bangs on about it being easy.

The Indecisive Noob - EVE fan blog.

Wholesale Trading - The new bulk trading mailing list.
Exiled Sanchez
Republic University
Minmatar Republic
#24 - 2013-12-27 10:51:52 UTC  |  Edited by: Exiled Sanchez
you seem to forget that the fun about passive income is that you can do it while still making bucketloads of cash from all your other things. it is not something you do instead of those others. unless you're one of them add types who needs to watch their skillcue fill up and complete (which is totally cool, not judging).
so if you are complaining about the 7.5 bil additional passive income because you could be making more with other things, you are doing it wrong.

edit

by the look of things you're becoming a bit emotional by all this, maybe the thought of having to plug skill cues on a weekly basis is just too much. in that case, this line of business is not for you. try mining! it's safe, easy and very relaxing. ask James 315 for more info on how to keep things stress free.
flakeys
Doomheim
#25 - 2013-12-27 10:58:59 UTC
A lot of name calling for a simple question .

I see we have all enjoyed our family holidays Lol

We are all born ignorant, but one must work hard to remain stupid.
Lucas Kell
Solitude Trading
S.N.O.T.
#26 - 2013-12-27 10:59:14 UTC  |  Edited by: Lucas Kell
Exiled Sanchez wrote:
you seem to forget that the fun about passive income is that you can do it while still making bucketloads of cash from all your other things. it is not something you do instead of those others. unless you're one of them add types who needs to watch their skillcue fill up and complete (which is totally cool, not judging).
so if you are complaining about the 7.5 bil additional passive income because you could be making more with other things, you are doing it wrong.
Uh no, my point was that other forms of passive income can easily make more. So claiming that making 90b a year over 15 accounts is some massive amount is pretty ********.


TBH, I'm just gonna drop this convo. I really don't care if you want to steer people about with misinformation, and I can't be bothered to deal with conversations with [this guy].
My response to the OP would be, yes people could make isk, but no it's not guaranteed and it's not easy to do. You'd put a lot on the line which would easily lose you the lot. And if you wanted people to invest in it, you'd likely need a lot of collateral.

EDIT: Edited to save the thread from another tl;dr ragepost being created following my comments.

The Indecisive Noob - EVE fan blog.

Wholesale Trading - The new bulk trading mailing list.
Vipre Morte
Team JK
#27 - 2013-12-27 14:38:23 UTC
So much butthurt in this thread. So many tears. This is better than actually playing Eve.
flakeys
Doomheim
#28 - 2013-12-27 15:58:08 UTC
Vipre Morte wrote:
So much butthurt in this thread. So many tears. This is better than actually playing Eve.



I can only imagine how thrilling your days in eve are with such a statement.





We are all born ignorant, but one must work hard to remain stupid.
X ATM092
The Hatchery
RAZOR Alliance
#29 - 2013-12-27 16:43:21 UTC
Lucas Kell wrote:
Exiled Sanchez wrote:
you seem to forget that the fun about passive income is that you can do it while still making bucketloads of cash from all your other things. it is not something you do instead of those others. unless you're one of them add types who needs to watch their skillcue fill up and complete (which is totally cool, not judging).
so if you are complaining about the 7.5 bil additional passive income because you could be making more with other things, you are doing it wrong.
Uh no, my point was that other forms of passive income can easily make more. So claiming that making 90b a year over 15 accounts is some massive amount is pretty ********.


TBH, I'm just gonna drop this convo. I really don't care if you want to steer people about with misinformation, and I can't be bothered to deal with conversations with [this guy].
My response to the OP would be, yes people could make isk, but no it's not guaranteed and it's not easy to do. You'd put a lot on the line which would easily lose you the lot. And if you wanted people to invest in it, you'd likely need a lot of collateral.

EDIT: Edited to save the thread from another tl;dr ragepost being created following my comments.

I didn't claim I made 90b, I claimed I made a few T. The 90b was just from 15 of them.

You ***** about my isk/minutes calculation because I can't just put in 1000 minutes and make 1000x the isk, I'm not sure you understand how passive income works. You put in a few minutes and passively reap a big reward for it over time.

I also gave a pretty good explanation of how to get into active character trading, what you should look for, how you should allocate your isk etc. You seem to be focussing on how passively training characters isn't very active which is kinda the idea.

But hey, if you can make a few T a year passively without undocking and only doing a few minutes a day work then go ahead and make me look bad. But right now you just seem mad.
mynnna
State War Academy
Caldari State
#30 - 2013-12-27 19:43:12 UTC  |  Edited by: mynnna
Something to keep in mind, Lucas, is that character training as Kwark is describing it is a venture that allows you to plow an essentially unlimited amount of isk into and generate a respectable return for a fairly low effort. Sure you can generate higher returns with higher activity, but not on the volume of isk we're talking about here. That fact in and of itself is far more valuable than the absolute return and how it compares to other things.

There's a reason I'm eyeballing the character market once I roll my trillions out of moongoo. Bear

Member of the Goonswarm Economic Warfare Cabal
X ATM092
The Hatchery
RAZOR Alliance
#31 - 2013-12-27 22:43:10 UTC
mynnna wrote:
Something to keep in mind, Lucas, is that character training as Kwark is describing it is a venture that allows you to plow an essentially unlimited amount of isk into and generate a respectable return for a fairly low effort. Sure you can generate higher returns with higher activity, but not on the volume of isk we're talking about here. That fact in and of itself is far more valuable than the absolute return and how it compares to other things.

There's a reason I'm eyeballing the character market once I roll my trillions out of moongoo. Bear

Make 300 toons trained for X then make them doctrine for CFC. EZ gaming. Onwards the military industrial complex.
Careby
#32 - 2013-12-28 18:02:34 UTC
Lucas Kell wrote:
Uh no, my point was that other forms of passive income can easily make more. So claiming that making 90b a year over 15 accounts is some massive amount is pretty ********.

That year is going to go by, whether or not you invest the time each week to incubate the characters. Passive income doesn't work if you aren't willing to wait for the long term reward.
Gary Bell
Therapy.
The Initiative.
#33 - 2013-12-29 03:47:48 UTC  |  Edited by: Gary Bell
As I know who X is who snagged me a few times when I just started lol.. Umm with proper knowledge you can generate toons at a silly rate.. Esp if you have a connection to an lp market for cheap implants and use the cerebral accelerators..

Granted they add isk investment yes.. But they also allow you to train (Spitballing) 2.5 Mil sp in like a month..

PS.. 40 CFC Domi pilots coming out in about 14 days!!

SO yeah the isk may take a while but I personally would much rather go threw a bizzillion clicks 2 or 3 times a month then every single day doing the **** storm that is MFG..

The Isk is there just takes a certain person to do it..

If you cool btw you bought a jillion of the codes for $1 when amazon had that sale.. and you are scooping up the collectors editions as they can be added to a buddy invite for even more time to train.. 400 Mil for what 70 something days.. Ill take it

PS.. That dude is balls rich
flakeys
Doomheim
#34 - 2013-12-29 13:13:16 UTC
Balls rich .... like he has as many isk as he has spermcells ?





I'm learning new stuff every day ...

We are all born ignorant, but one must work hard to remain stupid.
De Guillaume
Pandemic Horde Inc.
Pandemic Horde
#35 - 2014-01-01 15:06:25 UTC
So I did christmas and forgot about this thread. Very entertaining reading

Also compared to other char traders, I am pretty much a small timer, I was looking to see if people would invest in such a business model. I want to increase my buying power, I don't need isk disparately and could eventually get to where I want to but it would take longer. I have 130b and wanted an investment of 50b.

Also to answer flakey question before. i did try to ask for investment a while ago and it failed so bad but thats when I had 10b. Looking back now it doesn't look like i would get such investments, so I just need to pick up my buying with what i have.

Has you ever went so far as chose to go even use want to look more like do?
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