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My friend is a bitcoin trader and makes a living doing it. I've seen his setup and trust him and I want to ensure if anything goes wrong that he'll make efforts to pay me back.
I know this is an investment of some kind. I own an LLC and want to invest some of the company money in his trading and let him keep a % of the profit too.
What legally binding contract options am I looking for exactly?
"I want to ensure if anything goes wrong that he'll make efforts to pay me back."
That would be a loan. An investment is where he pays you back if everything goes right. For that reason, investments are riskier and pay more if they pay out.
