MY BUSINESS:
Hello, I have a business I have been running for around 4 months now. I trade bitcoins for gift cards then sell those gift cards for a better rate, my problem is that I sell out bitcoin every time. In my situation the more money I have the more money I make. Currently I have around $1,550 (USD) invested into the business and every time I run this money through the process of buying and selling gift cards which takes around 1-2 days I make 280$ which I split between me and my business partner 50/50. Doing some math based off of other traders and how long it usually takes me to sell out, I won't be making maximum profit til I hit around $15,000 - $20,000 (USD) to explain a little if I had $15,000 this is the most I would be able to sell in 1-2 days and make the most amount of profit which would be around $2750 every time I ran my money through. While im not asking for $15,000 from anyone what im asking for is small group investments made to help me reach this goal. This is just the story of how my business works and how much I make. I trade the bitcoins on a bitcoin trading
The APR is 182.5%(maybe I dont know how APR works)
You are paying 15% per month. If a person takes the original deposit, plus your 15% monthly and redeposits each month for a year, they get this:
1.15 ^ 12 = 535% APR.
I would think a person who makes the kind of profits you claim to make would know basic money math.
535% is unsustainable. Even more so since you haven't planned for it.
I'm definitely not a math wizard, I tried taking Algebra II 5 separate times in school and failed each time, but if you invest 0.10 for a year your return would be 0.2825 (0.10 x 0.5% x 365 + 0.10) making your annual return 282.5% of your original deposit. Either way, the skill my math is beyond the point of this post, I understand your only trying to prevent users from getting scammed but in position the only thing I can do to prove you wrong is time. Mathematically, apart from taxes, what I do is quite simple. Let time confirm this.
and partially with the help of investors, I have made close to $500 profit so far.
You have?
?
Then why are you here, asking for $10 here and $20 there?
Reinvest your profit, and stop giving away money if you don't need to!
Pretty much all of my money goes into re-investing into my business, and the couple of small investors add up, the 0.10 + 0.01 makes me an extra $30 or so which really helps. For the 0.10 they are invested for a month so each time I run my money through I make the $25-30 profit which I would estimate to be 10 times, nearing $250-300 extra profit per month - interest fee. I hope this helps you understand, like I said soon I will no longer be needing and accepting investments January/February. but until then the investments will continue.
As @vod said, you do not need people's money, you can easily reach your goal.
In the first days on this forum, I was cheated by scammers. in the same month my uncle stole a lot of money in my house, he was able to lie to me and steal money that was for me to pay for my college until today I can not forgive him, I lost 1 year of college because of him. To try to overcome the fact that he lied to me and robbed me of money. I went to travel, it was in January of this year, on the trip I suffer a serious car accident that by a miracle I did not die.
My uncle has disappeared since the day he robbed me and just phoned me days later of accident to ask me to forgive him because he thought I was going to die.
he never return the money he stole from me and never told us his whereabouts. To this day I do not know where he is and I do not want to know where he is, I did not report to the police because of my mother's respect.
I mean, using people for their own benefit is disgusting.
You are only doing this because you want to achieve your goal and not because you want to develop other people.
