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Tipa Riot
Federal Navy Academy Gallente Federation
3645
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Posted - 2017.04.28 13:27:45 -
[1] - Quote
How? Understanding the market and lots of research ... if you are too lazy, bad luck.
I'm my own NPC alt.
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Tipa Riot
Federal Navy Academy Gallente Federation
3646
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Posted - 2017.04.28 17:10:53 -
[2] - Quote
ko-fox neburium wrote:Tipa Riot wrote:How? Understanding the market and lots of research ... if you are too lazy, bad luck. But do you mine your materials or buy it? and how do you know which product to sell No, I don't because it wouldn't be (cost) effective. I buy compressed ore and minerals on the market. In general you should evaluate each step of the production whether and how much it contributes to the profit of the final product. For example T2 products always require the T1 version as input. You want to 1) buy it from the market if the price is below production costs, 2) produce if the price is significantly above, and 3) produce and sell T1 directly (skip T2) if the potential profit dominates the final T2 product.
This was simplified, there are more parameters, availability of inputs, blueprints, volume traded on markets, cycles/trends, invention/production time, etc.
I'm my own NPC alt.
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Tipa Riot
Federal Navy Academy Gallente Federation
3651
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Posted - 2017.04.29 13:47:57 -
[3] - Quote
*sigh* Alts of others have nothing to do with your problem, it's your limited imagination, willing to adapt. There are tons of non-T2/T3 stuff which are profitable to produce, even with more than 10% profit.
I'm my own NPC alt.
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Tipa Riot
Federal Navy Academy Gallente Federation
3707
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Posted - 2017.05.10 12:03:08 -
[4] - Quote
Sometimes I feel there is an unlimited sink of BPOs somewhere ... I made xx billions selling even unresearched BPOs at markup and the demand does not seem to decrease.
I'm my own NPC alt.
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Tipa Riot
Federal Navy Academy Gallente Federation
3713
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Posted - 2017.05.11 10:51:20 -
[5] - Quote
James Zealot wrote:Tipa Riot wrote:How? Understanding the market and lots of research ... if you are too lazy, bad luck. I feel that "understanding the market and lots of research" means a **** ton of invested time and effort. Some of us have lives, so I feel it's not 100% accurate/fair to say "too lazy, bad luck". You also need to understand more than one market/item at a time to make any real isk. You also need a nice bankroll to stockpile for when those particular items drop below a nice profit window/price. You also need to know people and source your materials wisely. All of that requires a lot of time and effort yes, and, again, some of us have lives outside of eve. I'm also pretty sure you didn't just acquire your knowledge over night or even a couple of weeks for that matter. Probably spent a considerable amount of hours researching. So it might be true in some cases that people are lazy, but most of the time, people have better **** to do with their time than sit in eve to monitor markets. James, you should know better. The problem is, those kind of questions are asked over and over again, and there are dozen of quality answers from different people to it in this forum or on reddit, that I don't feel I can add more without revealing trade secrets, which of course I will not do, because my market performance depends heavily on the information advantage.
I'm my own NPC alt.
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Tipa Riot
Federal Navy Academy Gallente Federation
3715
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Posted - 2017.05.12 19:44:34 -
[6] - Quote
ALOD = Awful Loss Of the Day
I'm my own NPC alt.
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