Saturday, January 19, 2013

Making that ISK

I am often asked by new recruits into the corp or by people that I am recruiting how I make money in Faction Warfare. Often I hear about people who go "space broke" in Faction Warfare because they get tied down with PVP side of it and lose large amounts of ships. Just as often I also hear about those who achieve great wealth and become "space rich."  Some players use two accounts with one in Faction Warfare and the other sitting outside it to run missions or incursions for extra cash, several guys in my corp do this. I also know of people that have trader alts that simply play the EVE market buying and selling to make it rich. 

Do to "real life" I am unable to run two accounts on EVE, but I can make use of about 5 days of training that I did when I first started to playing EVE. So I began to play the market as other do, but I use my main and not an alt. I also use the bonus that Faction Warfare gives me to gaining Faction Loyalty Points to buy items cheaper that on the open market and sell them back at a higher value. 

One thing that you have to do to play the market successfully is a bit of study and for studying the EVE market, the best tool out of game is EVE-Central. This website pulls from the EVE API system to look at the market value of all items sold in the game. All you have to type in the item that you are looking for and EVE-Central can tell you how much that item is in all trading hubs.

The second you need to decide if you want the fast sell or the long wait. Some items on the the market sell very fast, due to how fact they are used, Ammunition is great at selling fast because the two largest professions in EVE need ammo, PVPers and Mission Runners.  Other Items like ships tend to sell slower because they more specialized in who uses them and the market for them is lower, and even in ships some ships, frigates sell faster than battleships because more people can use a frigate in compared to the battleships. So to recap selling Ammo will generate a small profit very fast, while selling ships with generate a larger profit but at a slower rate. 

Third you need to look at Loyalty Point Store for the faction that you are gaining points from. What does that faction offer to sell and how does that compare to the regular market? In almost all cases items that I looked at in the LP store cost less to buy using LP and ISK than if I was just buying the item on the regular market. So look at different items and see how selling trends for the item and choice one that you think is going to make the income that you are looking for.

LEARNING IMPLANTS


This is what I sell in from the LP store.  In the LP store you are able to buy the Learning Implants from 6-30 million less that what you can buy it for on the open market depending on the implant grade (basic around 6 and to improved 30 mil), and which implant it is (the Cybernetic Sub-processor seems to sell for a bit less that the others). The new thing is that in the LP the price for all the Implants is set the same across the board for implants of the same grade.  So that basics will be the same, all the standards will be the same, all the improves will be same. I also choose Implants cause like Ammo once they are greatly needed. Very rarely do veteran pilots not use implants of some kind. Also when the pod is lost so are the implants meaning that the buyer has to return to the market to get new ones.  

I deal in the selling the standard implants over the basics and the improved. First is while the improved can net me a 30 million ISK profit over the standards 10 million ISK, with 100,000,000 ISK I can only buy one 1 improved implant and I can buy 8 standards. While with that hundred mill I could buy 19 of the basics, they tend not to sell as fast as the standards (I wish that I knew why this is as I have about 50 million ISK tied up trying to sell basics).  I also like the standards because it is easy to get an average to how much the investment is going to make you. a simple 10 million ISK per unit. I average to 10 million because when I buy them from the LP I buy the same amount of each unit. So every set I buy generates 100,000,000  ISK when you figure some are sold at 21 mil and others 23.

In Faction Warfare I do not run complexes  for the LP, if I did I would generate a lot more LP than I do. What I do is run a complex for finding PVP and doing so I am able to generate 360 LP  ever two weeks which with a 360 million investment I make a cool 360 mill on top making a net 720 million. Cause of how I PVP not buying crazy amounts of ships and using LP to pick up Faction Ships, and flying what I can afford to lose, I am able to save back ISK and start this 360 process with more and more ISK in the hold each time

I also look at in terms that Faction Warfare is paying you to PVP which no other place make that offer. It is this that keeps me in Faction Warfare as a method of ISK generation.  It is also what confuses me about when hard core PVPers say that they would never do Faction Warfare , because it is like printing ISK. Also people that complain that they are losing money in Faction Warfare are doing it wrong. 

I hope that this is help for those doing Faction Warfare and are looking struggling to make ISK. 






2 comments:

  1. I kept telling my friends in Test Alliance that I was e-poor and wanted to make isk to become space rich, I still have a carrier to buy. They got mad at us when we weren't at their deployments though. If/when I get back in I've been thinking about faction warfare, or something that I can play a bit more casually.

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  2. FW is uber casual, Basically all i do now. Lots o' fun frank

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