Well, after years, the time has come where I have to do some drastic steps as the whole money situation now threatens the extended family, and affects people that are not really involved in any of the business as I do.
The last straw came from the recent PayPal drama that appeared to happen just out of the blue.
So now, drastic steps are needed, and I’m already rolling them out as i’m writing this.
The plan is simple, get as much of equity as possible make reasonable returns without gambling use the profits to extinguish some fires.
This sounds really nice on paper actually and very durable, the problem is that this is a one-shot thing, and if it fails things will go bad real fast and I am basically the only person I can fix it or turn it around at this point.
Well it is not exactly true I can’t turn it around ready as I’m already made some large investment and is basically just has to work.
They are few risks to that
- First myself if I do this in a way traders do things when you’re under pressure then this can be become a problem really quickly.
so i need to find a way to stay calm, wich is a bit of a problem in the current surroundings. - The second thing is that basically all my eggs in a single single liquidity provider basket.
I checked the reviews and there’s no indication that they are going to be a bad player. I just know my luck, so let’s hope this is actually working out.
At the moment, I’m the goal is to generate about US$700,000 in equity, which I already have half of. Generate about a 5% return as quickly as possible without taking any unreasonable risks and used to returns to pay interest which are significant due to the fact that the money for collaterals comes from not exactly respectable sources.
It is just has to work, otherwise I need to make some plans that’s going to impact on me but a lot of people around me.
But I’m not going to plan for failure and expect us to work I guess we’ll know in a few weeks …