A better month this one, though not necessarily for the reasons you might expect. Here are the numbers:
And here's the full numbers:
My current net worth is 1.227Tn ISK, that's an increase of 55Bn ISK, or 1.83Bn ISK/day.
That's a massive jump, close to a record I think. So why the big increase?
Well, there's one reason, and it's not to do with my regional trading. As pointed out in an earlier post CCP (now Fenris Creations, or FC I guess) made a return to FOMO sales in a big way. The headlines were 3 for 1 HyperCores and 3 for 2 Skill Extractors. Both are huge, but the hypercores are unprecedented.
As such I liquidated everything I could and dumped as much as possible into both of those items, with a heavy emphasis on Skill Extractors as those tend to recover in price faster. The sale has now ended and the price of both commodities jumped a lot more than I was expecting to be honest, currently up 44% and 21% respectively.
The more I think about how to scale wealth into the trillions the more I think this is the best way to do it. The market cap for PLEX adjacent items is massive, far far bigger than any in game items. This will allow me to keep putting more and more money into it and get a similar percentage return regardless as I am unable to ever have enough to meaningfully affect the market price. As such going forwards I'm going to be putting what profits I can from my regional trading towards this kind of speculation, and try and ride the waves of NES sales for profit.
With these current investments I am looking to start selling off hypercores once they hit 300k or we get to 4 months from the sale (late July), whichever comes first. For the Skill Extractors I want to sell off once the price hits 480mil(ish), with again a cutoff of late July to start liquidating. That's because I would expect more big sales in late summer/early autumn to entice people back in after their summer holidays.
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