Tuesday 22 October 2019

Whoa, we're half way there!

WHOOOAAA, HALF A TRILLIONAIRE!

Bonus Bon Jovi To listen to whilst reading this blog entry.

So, It's taken longer than I'd hoped, but when I updated my spreadsheet today the total ticked over to a little over 500Bn ISK!!


I started out on 17/11/2015, so just under 4 years to go from 3Bn to 500. An average of 10.57Bn a month, obviously increasing as we go.

I started out buying items in Jita, and selling in Amarr. I then expanded to Dodixie and then Rens. Along the way I've added new characters and trading techniques, including station trading, hauling to null, and buying and running around a region without a "big 5" trade hub. The bread and butter however has remained the same, buy high price, low volume items (implants, faction/deadspace mods, rigs) from sell orders in Jita, transport them to another hub and then sell.

This will likely continue as I head towards the big T, though I'm going to further supplement my earnings with manufacturing (in the works, not far off starting), and a little SP farming. More on that in another post, but I basically have 1 account where all 3 characters are considered "finished", so I might as well cash in on their skill point accumulation as I can't use it for trading.

So, how long is it going to take me to get to 1 Trillion ISK? I'm going to make some assumptions and try and work it out.

On 01/01/2016 I had 11Bn
On 04/02/2017 I had 29Bn (The earliest I have for that year, I took a bit of a break from the game)
On 04/01/2018 I had 100Bn
On 01/01/2019 I had 270Bn

I predicted at the start of the year that I would double my wealth this year, leading to a wealth on 01/01/20 of 540Bn. That's looking like being about right with slightly over 2 months to go. Here is where I take some assumptions going forwards. Let's start with the pessimistic prediction:

100/29 is a 3.44x increase year on year
270/100 is a 2.7x increase year on year
540/270 is a 2x increase year on year

Assuming my yearly increases continue to decrease as a percentage, the next few increases should be:

2.7/3.44 = 0.78
2-2.7 = 0.74

So to extrapolate, I'm going to use 0.7 for the next few years:

2*0.7=1.4
1.4*0.7=0.98 (I doubt I'll lose money year on year).

so, 540*1.4= 756Bn by 01/01/2021.

Now let's look at it a different way:

in 2017 I increased my wealth by 71Bn
in 2018 I increased by 170Bn
in 2019 I increased by 270Bn

So for 202 I should increase by ~370Bn, which would put me on 910Bn on 01/01/2021, then an increase of 470Bn would result in 1380Bn on 01/01/2022.

The reality would probably be somewhere between the two, so let's say I'll aim for 825Bn on 01/01/2021, hitting the T some time in the middle of the year.

Either way, I'm hoping for more going forwards. I really like having a definitive target to aim for, I feel having somethign to drive for really drives engagement in the game, whether that's a certain wealth, a certain number of pvp kills, or building your own orca. All playstyles are valid, you just have to find the one that's right for you.

2 comments:

  1. Do you just do the trading and the accumulation of ISK or do you do other things in game that involve spending money for things that isnt put towards the 1trillion goal?

    ReplyDelete
    Replies
    1. I have a "main" character who's in pandemic horde that does PVP (when I get time). He makes his own ISK separately from the characters/money in this blog and spends it on PVP and other stuff. I don't play him much at the moment, sort of goes in waves, but it's certainly nice to have a character where I do something a bit different, and PH offers that in a drop-in drop-out fashion.

      Delete