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Small loan as initial capital

Author
Barrigan Heleneto
Deep Core Mining Inc.
Caldari State
#1 - 2012-07-01 03:46:14 UTC  |  Edited by: Barrigan Heleneto
Requested amount- 50 million ISK

Interest rate- 10% per week;

Reason- Additional capital for trading

Method- Station trading

As of now i find myself in a rather tight situation. As i spend most of my time Station trading at this point, i have become quite good at playing the market. Starting with one million isk, i have more than tripled it, into sitting at just over 3.5 million isk.

I understand that these are still pathetic amounts, and that anyone reading this would probably call that something along the lines of chump change. This is where i ask you for help.

As stated above, there was over 250 percent more than initial funds given as a starting fund by a friend. And while it is quite a leap of faith for investors, but i remind you that 50 million isk is quite reasonable for a starting fund to trade with. Note that while it is a small investment, it is guaranteeing you a 5 million isk bonus per week.

In closing, I wish i could convey my gratitude to all of you considering investing.
Kailean
Caldari Provisions
Caldari State
#2 - 2012-07-01 04:17:33 UTC
Quote:
As stated above, there was over 250 percent more than initial funds given as a starting fund by a friend.

Stated where?

How long did it take you to triple the initial 1M isk? Do you have any collateral to offer?
Thoraemond
Far Ranger
#3 - 2012-07-01 04:43:12 UTC
Kailean wrote:
Barrigan Heleneto wrote:
As stated above, there was over 250 percent more than initial funds given as a starting fund by a friend.
Stated where?
Looks like the "starting fund" from the friend was 1 MISK: 1 MISK + (250% of 1 MISK = 2.5 MISK) = 3.5 MISK


Kailean wrote:
How long did it take you to triple the initial 1M isk?
Good question.

The move from 1 MISK to 3.5 MISK might well be made in a single pair of buy and sell transactions. If it's been a struggle to do that (" i spend most of my time Station trading at this point"), why should we believe your claim that you "have become quite good at playing the market"?
malaire
#4 - 2012-07-01 08:35:28 UTC
I can loan 50 million ISK with 10% weekly interest. Please confirm here if you want loan from me.

New to EVE? Don't forget to read: The Manual * The Wiki * The Career Options * and everything else

Caelis Boirelle
Aurora Investments
#5 - 2012-07-01 13:25:14 UTC  |  Edited by: Caelis Boirelle
Barrigan Heleneto wrote:
As i spend most of my time Station trading at this point, i have become quite good at playing the market. Starting with one million isk, i have more than tripled it, into sitting at just over 3.5 million isk.


I don't mean any offence by this, but frankly I could go onto the market now and turn 1mill into 3.5mill in less than the time it takes to make a cup of tea. Now if you came to me and told me you'd turned even 100mill into 350mill then I'd be interested.

As it stands though, you've not presented anything that can convince me or any other potential investor that you can either make enough to pay the 10% interest, or if you'll bother to pay it once you have my money. In that case, while 50mill is a drop in the ocean to be sure, I'd be knocking on your door wanting it back and that's when things get ugly.

Bit of advice; don't tie yourself to an investor so early on in your career and not for such a small amount of money. Go out and run missions for a few weeks. Yeah it's not the most fun you could have but you can scrape together 50mill easily very quickly, and a few hundred mill with not a lot more effort. Trade with the money you have while you're running them and then when you have a decent capital, focus on trading full time if you like.
Kara Books
Deal with IT.
#6 - 2012-07-01 16:38:28 UTC
Mail me your limited API key with relevant information, im sure we can work something out.