In this ad I am asking for two types of loans - Trading capital and more long term business loans. I have been trading mostly at localbitcoins.com(
https://localbitcoins.com/p/tomfoolery) and in the last 2 months and 3 weeks I have completed ~350 trades with ~200 people and have maintained 100% positive feedback(
Confirmed,
Unconfrimed) and 19 different people have chosen to trust me.
That word is meraki. This is a word that modern Greeks often use to describe what happens when you leave a piece of yourself (your soul, creativity, or love) in your work. When you love doing something, anything, so much that you put something of yourself into it.
I have been working 16-18 hours a day 7 days a week and have literally been putting everything I have into establishing a business centered around bitcoin and bitcoin trading.
I have already had several trading capital loans and have paid them(or in the process of paying them back). 3 of these loans have been via
my btcjam account. I have no record of the countless 1-7 day loans I have had from various other sources.
I can not say I have been on time with every payment but I have always been reachable and always repaid my debts(plus late fees if applicable). Trading capital loans have a little higher risk(risk of late payment not loss) while I am working with limited capital and that is why I pay higher interest rates for them.
Thus far I have been taking my profits from trading and using that to fund research and development but this approach leaves me spread a little too thin at times(mostly due to limited capital) and really prevents me from getting the most out of trading(compounding interest). I feel this is good overall strategy for explosive growth later on. The research I have been conducting ranges from finding areas with high volume local trades(so I can establish a branch in that city) to possible industries to approach who have issues with traditional banks.
A quote from one of my regular lenders
You’re turning this into a science. I like it.
The business loans I am asking for will go directly towards formalizing the company and development of the company website and will be repaid from the trading profits. I plan to allow users to buy/sell bitcoin directly to/from my company and have a method for lenders to track their loans to/from the company. I plan to nearly mimic many of the features available at btcjam.com. I feel that this strategy has many advantages over using more traditional lending sources.
I am willing to sign(and have notarized) any documents detailing the loan a potential lender would require.
Trading Capital Loans:
(seeking up to 10btc total - I feel my trading more than justifies this)
terms 1 day to 15 days
interest: negotiable
Business Loans:
(seeking 3btc)
terms 30-90 days
interest: negotiable
Any questions, comments, or suggestions are more than welcome.