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Tuesday, 30 October 2012

October business report

Posted on 23:00 by Unknown
Another month, another report without much to report. I got lazy and did not even update my item list from last month besides the coolant side business.

The income graph (as usually, omitting nullsec spendings, showing how much I had if I would only trade and pay for my main) is a bit better than last month, 39.3B/month instead of 36.7 but still nothing to brag about.

What rather worth mentioning is the fact that my competition decreased instead of increased. My problems came from the FW cashouts which will now end as CCP fixed FW. It will take a month or so to stabilize as many FW orbiters still have billions worth of items in their hangar. So here is this boring, grind-like business providing about 1.5 Nyxes every month. Still I have little competition. OK, I'm probably not the kind of competition most traders want as I don't 0.01 but drive the margin down to 2-3%. I also understand that there are many who don't care about ISK and just blow things up in cheap crap. But there are people out there ratting and mining for ISK getting very low income compared to trading and they keep ratting and mining instead of changing.

I don't really understand the reason why one would choose a greatly inferior and boring grind instead of a better one? Can it be lack of starting capital? Aversion of risk (the ratting bounty is safe in your wallet, the purchased goods can lose value or can be lost during transport)? Maybe the lack of planning, I mean when you need money you can start ratting and get 100M in 2 hours but can't start trading with 10M capital and expect 100M profit on that day.

Anyway, you can clearly make profit by trading in EVE, if you want money, don't even think of shooting red crosses. (soon circles)



Wednesday morning report: 180.2B (6.6 spent on main accounts, 7.1 spent on Logi/Carrier, 3.8 on Ragnarok, 3.3 on Rorqual, 3.4 on Nyx, 3.4 on Dread, 37.4 sent as gift)
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      • Goons and TEST are bad at EVE therefore win
      • October business report
      • Who is the actor in EVE?
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      • The Scythes of poverty and fun
      • The real difference between EVE and WoW
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      • September business report
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