Tuesday, March 22, 2016

Smuggling Boosters—and EVE's Tiny Drug Market.

Read about smuggling in EVE Online—and how it's not the best dedicated profession.

I've been ambitiously smuggling boosters in EVE Online; 5 Billion ISK worth yesterday... ish. Now I have a lot of illegal goods to sell—and many buyers to connect with. Selling is the real challenge with space drugs.

A Small Drug Market

You'd think in a game like EVE Online there would be a big underground market. Alas, the market for boosters seems pretty small. It appears to be centered in Jita. Outside of The Forge the volume for most boosters is miniscule; Meaningless.

Barrier to Entry


As far as market segments go, boosters do have on saving grace; The barrier of entry is higher than, say, Damage Control ii's. My margins are decent—and there's not a ton of competition in the market screen. I never find people 0.01ing on cooldown.

I Smuggle Because it's Convenient.


I can't say I would ever be a dedicated booster smuggler. The idea of it is fun, but I only do it because it fits into my general speculative hauling strategies: Move tiny, high cost goods from highsec/lowsec to trade hubs. I'm already in the neighborhood so boosters are nearly free ISK.

However—if I already had my current data scraping tools, but only had 30 minutes a day for trading? I may target the booster market and do one run per day.

How to Smuggle


So how do you smuggle in EVE Online? I won't tell you; It'll be more fun once you figure it out. I will say that it's pretty simple, and although I don't understand all the mechanics of it—I've never been caught by customs because I'm pretty careful.


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Monday, March 7, 2016

Hauling Other People's Space Junk for ISK

As I write I'm casually flying my blockade runner around New Eden. Along my zig-zag route I'm grabbing trash people are selling in remote stations. Pretty glorious, huh?

Moving Junk Around


Most of it doesn't look like much by itself; I'm hauling T1 mods, ammo, gasses, a salad of scraps high and low volume. There are deadspace mods and other expensive items mixed in—but it's mostly trash salad.

Trash salad can be profitable though. I may not be flying a Leopard, but Viators are pretty quick—and I've got 13k m3 or so cargo space. I can make a lot of quick stops... and stash many things in my cargo. Why be picky? ISK is ISK!

Data Source


All the the data on these deals comes from EVE-central's trade finder tool (through my Python data scraping scripts.) That means I could drop most of them in a buy order in Jita for instant returns. Sometimes it pays to do that; Other times you can make 10x or 100x more ISK with a well placed sell order (when the first margin is low.) Cha-ching!

Barrier to Entry


The beauty is that without data tools and some experience this part of the market is both out of sight—and not attractive to other traders. There's a definite barrier to entry.

Do Your Thang!


These opportunities highlight one of the most delightful things about trading in EVE Online! If you have creativity and vision you'll not only make good ISK... but it'll happening in interesting and rewarding ways. Trading in EVE is good fun!

I'm certainly not looking for competition...my skills would make more ISK if I were station trading anyways. I'm just hoping to give you some trading ideas. Maybe you'll follow through with one of your funky station trading schemes. Maybe you'll take a new risk, or figure out a fun scamming strategy. Just don't do business as usual! 

Now fly safe... and fly weird. o7

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Sunday, March 6, 2016

Over 1 Week Without EVE Online... During a Price Crash

A week without internet, a price crash, and a ton of filled buy orders. My ISK hurts. Read about it.

I moved to a new apartment recently after getting back into station trading (Jita.) The date of the move snuck up on me... then the cable installation took a week longer than expected. I had never sorted out my orders the whole time.

Price. Crash.


EVE market prices crashed... and naturally all my buy orders filled. I lost about 4 billion ISK (total worth) and my wallet was tied up in under-priced goods till I sold it off a week later—taking nearly the full loss.

A Valiant Recovery!


I was still trading with my crippled wallet during this. I had a little ISK... and my speculative hauling strategy doesn't tie up my wallet. I just ran what I had through the mill over and over. Purchase, haul, sell, and so on.

I was able to PLEX my main account at least! The ship I used: a Viator.

Stockpiling Sucks.


This isn't the first time I had an issue with stockpiling mods. A while back I tried stockpiling one item (my first attempt) and it was folded into another module. The new one was worth about 1% as much. Lost 600Mil there. Woops!

Goodbye Station Trading.


My main strategy doesn't depend on EVE patch notes (and I have A.D.D.)...so I can't be bothered to watch for market changes. My solution? Don't stockpile. I also don't like station trading... so none of that either anymore. Back to my speculative hauling yay. It's better ISK and I enjoy it more.

Thanks for the read!!


Fun story! I was a bit grumpy by it all but it got sorted out. I made my ISK back (and some.) I also learned a good lesson: Do what you love (especially if it makes you more ISK.)

Happy to be trading in EVE Online again. =)

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Saturday, March 5, 2016

Viator, I Choose You!!! 1 Account Speculative Hauling

Read about my new single-account speculative hauling strategy.

Long story short: I've been very sick for a while. I haven't had the time or energy to fly 2-3 speculative hauler pilots at once. Plus the 3-4 PLEX each month became a burden.

Instead I needed a low-effort good ISK alternative. I don't mean 2 Bil isk per day, (as in my old waysI wanted something I could pick up here and there and cover one or two PLEX casually.

Picking a Ship


So I had to pick ONE account, character, and one ship  for most of my hauls. It was between the Dramiel (fitted this way-ish) and a blockade runner (the Viator).

The Viator


I decided on the Viator. Why? Well it can do everything—and it warps around quickly. Things can get dicey in highsec (like if you don't insta dock at a hub) but if managed well they're amazing hulls.

Blockade runners aren't just great for lowsec though. They're amazing for making lots of quick stops around high security space—and are incredibly fast given their decent cargo size. (I don't like Deep Space Transports or the Orca for my kind of work. Too slow.)

Lowsec Access


I also wanted safe access to lowsec (good deals there) so the Dramiel became more of a situational ship rather than my main hauling hull. I still do use it or a Leopard—but only for very specific situations.

The Trading/Hauling Process


The actual hauling/trading part is pretty standard for me:

1. Run data scraping tools
2. Pick some good lowball sell orders
3. Check against hub prices (I like fuzzworks but an alt is optimal)
3. Buy & retrieve items
4. Sell in Jita or Amarr

Will this work for you? Probably not—unless you pull together some okay data tools. EVE-Central by itself doesn't get the job done unless you can sort and filter through it yourself. Otherwise most other trading strats will work better (and be more fun.)

This plays a lot like exploration. Fly around, not knowing what you'll find. Sometimes its good money and occasionally it's absolutely amazing (600M profit deals)!

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