If you like to do any form of PvE, industry or trading, you play EVE for free. EVE is different from other "play for free" MMOs as you can fully play it for free. You simply pay your subscription with the in-game item PLEX. You buy PLEX from other players for in-game currency ISK. PLEX is created into the game by other players buying it from the developer for about 17 euros (I don't know current $ price). There are sometimes sales and discounts for bigger packages.
You can use the PLEX by right-clicking it and choosing "Add game time to account". There can be 3 characters on an account and if either one uses the PLEX, the account will live for 30 more days. This allows you to use PLEX without leaving your current position. You just need an alt in trade hub who buys the PLEX.
The first lesson about PLEX is inflation. As CCP does bad job balancing the economy, players are printing ISK. If you have lot of ISK now that you don't plan to use, you can't be really wrong to buy a year worth of PLEX-es for your characters and add them to the account now as the price always rises on the long run.
The second lesson is volatility. PLEX prices jump up and down pretty fast. They rise slowly when CCP does some change in the game that makes one form of PVE better/easier/more fun. For example the current mining barge changes and the AFK-farming FW zones (which won't be fixed until the end of the year) let industrious players get lot of ISK that they use to support their accounts by buying PLEX-es. The more buyers, the higher the price. Expecting steady rise, speculators can arrive, creating fast jumps, like the one we could see just this week. PLEX prices drop if there is a PLEX sale on the account management or if there is a larger war with large losses is going on. The chart shows the difference of the actual day from the monthly centered average:
The third and probably most important lesson about PLEX is that - as usually - the majority is dumb. "Everyone" buys his PLEX in Jita. The chart below shows the relative prices of other hubs vs Jita, the lines are linear fits:
The last lesson is the most obvious: don't buy any sell orders, set up your own buy order. The chart shows the difference of the daily low sales (luckiest buy order) vs the daily average in the various hubs. You can see that 5-10M can be saved by setting your own buy order.
Saturday morning report: 148.7B (5.5 spent on main accounts, 3.6 spent on Logi/Carrier, 3.2 on Ragnarok, 2.6 on Rorqual, 2.4 on Nyx, 2.8 on Avatar, 17.4 sent as gift)
Sunday morning report: 150.1B (5.5 spent on main accounts, 3.6 spent on Logi/Carrier, 3.2 on Ragnarok, 2.6 on Rorqual, 2.4 on Nyx, 2.8 on Avatar, 17.4 sent as gift)
Monday morning report: 152.1B (5.5 spent on main accounts, 3.6 spent on Logi/Carrier, 3.2 on Ragnarok, 2.6 on Rorqual, 2.4 on Nyx, 2.8 on Avatar, 17.4 sent as gift)
You can use the PLEX by right-clicking it and choosing "Add game time to account". There can be 3 characters on an account and if either one uses the PLEX, the account will live for 30 more days. This allows you to use PLEX without leaving your current position. You just need an alt in trade hub who buys the PLEX.
The first lesson about PLEX is inflation. As CCP does bad job balancing the economy, players are printing ISK. If you have lot of ISK now that you don't plan to use, you can't be really wrong to buy a year worth of PLEX-es for your characters and add them to the account now as the price always rises on the long run.
The second lesson is volatility. PLEX prices jump up and down pretty fast. They rise slowly when CCP does some change in the game that makes one form of PVE better/easier/more fun. For example the current mining barge changes and the AFK-farming FW zones (which won't be fixed until the end of the year) let industrious players get lot of ISK that they use to support their accounts by buying PLEX-es. The more buyers, the higher the price. Expecting steady rise, speculators can arrive, creating fast jumps, like the one we could see just this week. PLEX prices drop if there is a PLEX sale on the account management or if there is a larger war with large losses is going on. The chart shows the difference of the actual day from the monthly centered average:
The third and probably most important lesson about PLEX is that - as usually - the majority is dumb. "Everyone" buys his PLEX in Jita. The chart below shows the relative prices of other hubs vs Jita, the lines are linear fits:
The last lesson is the most obvious: don't buy any sell orders, set up your own buy order. The chart shows the difference of the daily low sales (luckiest buy order) vs the daily average in the various hubs. You can see that 5-10M can be saved by setting your own buy order.
Saturday morning report: 148.7B (5.5 spent on main accounts, 3.6 spent on Logi/Carrier, 3.2 on Ragnarok, 2.6 on Rorqual, 2.4 on Nyx, 2.8 on Avatar, 17.4 sent as gift)
Sunday morning report: 150.1B (5.5 spent on main accounts, 3.6 spent on Logi/Carrier, 3.2 on Ragnarok, 2.6 on Rorqual, 2.4 on Nyx, 2.8 on Avatar, 17.4 sent as gift)
Monday morning report: 152.1B (5.5 spent on main accounts, 3.6 spent on Logi/Carrier, 3.2 on Ragnarok, 2.6 on Rorqual, 2.4 on Nyx, 2.8 on Avatar, 17.4 sent as gift)
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