Is it possible to pitch a Bitcoin investment idea and gain backings?

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Quote from: AmoreJaz on July 01, 2024, 11:43:01 AM

Somebody may risk their funds if they are convinced about your "idea". However, you need a very comprehensive plan before someone will truly risk their money like covering all angles of the business you want to explore with. Failure is easy to come up with if you are not ready to tackle the business. And very few can actually deliver their objectives within the timeframe as planned. Hence, not many people are relying on plans only. They need to see your history also. So that's another facet here. You are not only convincing people about how good you can generate an idea but how solid your foundation is to come up with such idea.

I agree with that. A pitch is not just a verbal representation of a business idea or an investment proposal, but it needs to be backed with solid proof of success in similar ventures you have been into in the past because that is the only thing that will convince the people who you are pitching the idea to. As an investor, I wouldn't be interested in anything if they are just presenting something without showing any success proofs and maybe a portfolio or something that tells me that the person is capable of managing my funds very well.

So someone who is to pitch a Bitcoin investment idea, they need to make sure that they have been making such investments in the past and they have gained success in terms of getting profits from those investments and they should be able to demonstrate that in their pitch to have a higher success rate for the pitch.

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A decade ago I remember a site that was listing royalty shares and other ventures you could buy into issuance. These were less regulated days I guess and that idea is considered not allowed in a large amount of countries so I dont know if its possible now in a formal way.

I bought some royalty shares, I sold some at a profit that covered my initial costs and I collected the regular royalty from the business. Also its true the overall exchange I was 'invested' in went broke, they were trading on a fractional basis without disclosure which is a big no no. I didnt lose money but also that 'trading listed' place I had some BTC was asking for one tenth of a BTC to withdraw funds, which is extortionate and I definitely never got back the change I had left there probably worth alot now.

So far as I know you cant do all that now not easily but anyone can start a blockchain hence thats the path people tend to take so far as I know. Otherwise you would have the normal hassles of the conventional route, its all a grey area good luck navigating that Tongue

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Quote from: Strongkored on July 01, 2024, 03:54:04 AM

Quote from: Cryptomultiplier on June 02, 2024, 04:09:18 PM

Is it possible for a potential investor (without funds but with a good idea and a great proposal for investors), to pitch a Bitcoin investment idea to a group of friends and family and companies, with projections of good profit but with their invested funds, to gain backings?

The underlined word is "to pitch a Bitcoin investment idea";

If you don't have money to run your good idea then you also won't get investors for the good idea, because how could anyone dare to risk their money on you when you yourself don't risk anything, because if your good idea fails you don't lose anything and also no one will want to entrust their money to someone who doesn't have any assets as collateral in case of failure because maybe the idea doesn't fail but you run away with the investor's money, so don't ever think you can build a business no matter how good the idea is without having your own capital, it is a dream that will not come true, unless you are a famous person whose words are heard and followed by many people, because I saw in my country how a motivator deceived people who became his followers to invest in a business that never existed at all.

Somebody may risk their funds if they are convinced about your "idea". However, you need a very comprehensive plan before someone will truly risk their money like covering all angles of the business you want to explore with. Failure is easy to come up with if you are not ready to tackle the business. And very few can actually deliver their objectives within the timeframe as planned. Hence, not many people are relying on plans only. They need to see your history also. So that's another facet here. You are not only convincing people about how good you can generate an idea but how solid your foundation is to come up with such idea.

Cryptomultiplier

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Quote from: Strongkored on July 01, 2024, 03:54:04 AM

Quote from: Cryptomultiplier on June 02, 2024, 04:09:18 PM

Is it possible for a potential investor (without funds but with a good idea and a great proposal for investors), to pitch a Bitcoin investment idea to a group of friends and family and companies, with projections of good profit but with their invested funds, to gain backings?

The underlined word is "to pitch a Bitcoin investment idea";

If you don't have money to run your good idea then you also won't get investors for the good idea, because how could anyone dare to risk their money on you when you yourself don't risk anything, because if your good idea fails you don't lose anything and also no one will want to entrust their money to someone who doesn't have any assets as collateral in case of failure because maybe the idea doesn't fail but you run away with the investor's money, so don't ever think you can build a business no matter how good the idea is without having your own capital, it is a dream that will not come true, unless you are a famous person whose words are heard and followed by many people, because I saw in my country how a motivator deceived people who became his followers to invest in a business that never existed at all.

Besides being a famous person whose words are heard and followed, I think the ideal no-cost business idea that anyone may be interested in these days, depends on ones passion, strengths and desires.

In many cases, however, a service-based venture or idea may include ideas for startups like virtual assisting, tutoring, dropshipping and social management, of which are great options with little or no capital to start.

Also, I think with a continuous effort and proof of work, investors will emerge if the idea has been clearly laid out and is already in motion.

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Quote from: Cryptomultiplier on June 02, 2024, 04:09:18 PM

Is it possible for a potential investor (without funds but with a good idea and a great proposal for investors), to pitch a Bitcoin investment idea to a group of friends and family and companies, with projections of good profit but with their invested funds, to gain backings?

The underlined word is "to pitch a Bitcoin investment idea";

If you don't have money to run your good idea then you also won't get investors for the good idea, because how could anyone dare to risk their money on you when you yourself don't risk anything, because if your good idea fails you don't lose anything and also no one will want to entrust their money to someone who doesn't have any assets as collateral in case of failure because maybe the idea doesn't fail but you run away with the investor's money, so don't ever think you can build a business no matter how good the idea is without having your own capital, it is a dream that will not come true, unless you are a famous person whose words are heard and followed by many people, because I saw in my country how a motivator deceived people who became his followers to invest in a business that never existed at all.

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Quote from: South Park on June 29, 2024, 02:44:39 AM

Quote from: maydna on June 29, 2024, 01:36:27 AM

~snip~

The OP seems to want to become a money manager for what I can understand, so I could see a person being able to convince investors to give them some money, manage it and try to get profits with it, however in order to have any chance for this to happen, the money manager must have previous experience already and a history of generating profits in other markets, and if that is not present, I do not think there is going to be any investor interested in letting such a person to manage their money.

I guess so because he trying to convince potential investors to invests in Bitcoin with his instruction. Managing other people's money is not easy because he must have skills managing the money and use that with the plan. I wonder who will interested with his idea since other people must gives their money to him because he needs to make sure that people should believe him to gives their money. If he can not make sure people, no one will gives their money to him as that will be to risks to allows someone to manage their money without they knows what it is.

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Quote from: maydna on June 29, 2024, 01:36:27 AM

They can do that with their investor to gets their money to invests in Bitcoin. But they can not force those investors to follows their suggestion to invests in Bitcoin because that will depends on the investors decision. They can tells the benefits of Bitcoin to those investors and lets them research for more to finds the other things and make sure that they believe Bitcoin will gives them profit.

Invests in Bitcoin will be personal decision and other people can not makes them invests in Bitcoin if they don't wants to. We can educating other investors to knows more about Bitcoin, including the potential of making the profit in the future.

The OP seems to want to become a money manager for what I can understand, so I could see a person being able to convince investors to give them some money, manage it and try to get profits with it, however in order to have any chance for this to happen, the money manager must have previous experience already and a history of generating profits in other markets, and if that is not present, I do not think there is going to be any investor interested in letting such a person to manage their money.

maydna

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They can do that with their investor to gets their money to invests in Bitcoin. But they can not force those investors to follows their suggestion to invests in Bitcoin because that will depends on the investors decision. They can tells the benefits of Bitcoin to those investors and lets them research for more to finds the other things and make sure that they believe Bitcoin will gives them profit.

Invests in Bitcoin will be personal decision and other people can not makes them invests in Bitcoin if they don't wants to. We can educating other investors to knows more about Bitcoin, including the potential of making the profit in the future.

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Quote from: fuguebtc on June 28, 2024, 11:07:29 PM

Quote from: MarjorieZimmermanGinger on June 23, 2024, 10:15:33 AM

Quote from: fuguebtc on June 22, 2024, 10:29:31 AM

But what OP is talking about is should we give investment ideas to others when we don't have money to invest in bitcoin. And you have supported this idea but in my opinion it shouldn't be like that.

I am not in a justifying capacity but rather trying to give an opinion regarding the investment he is trying to make and that is only limited to the family. If he doesn't have money then he can do something else because I don't think there's anything wrong with putting forward this idea as long as it's limited to family.

Maybe it's your own opinion, but for me, I wouldn't give advice even to my family if I couldn't vouch for them . I understand that you want the best for your loved ones when introducing bitcoin to them, but like I said , if we don't have the practical experience and have never experienced it before. Giving advice to others can sometimes put them at more risk and that's not a good idea.

Is there a guarantee that parents who teach their children to do business will be successful and vice versa for parents who teach their children about investing in Bitcoin? Everything is full of risks and the possibility of something happening beyond our expectations, but without trying, when will they learn? What needs to be prepared is the level of risk reduction so that they can find a way out when they encounter problems.

Of course, when we want to teach children about Bitcoin, we are involved in it because it is impossible for those of us who are not involved in Bitcoin to teach children to invest. People who are not involved in investment are unlikely to introduce it because they themselves do not know how Bitcoin works in investment practice.

Quote from: fuguebtc on June 28, 2024, 11:07:29 PM

In short , what I want to say is that we need to have practical knowledge and experience before giving investment advice or teaching anyone , don't take knowledge from the internet and teach them.

That's important because without knowledge and experience we definitely don't know where to start teaching them about investing. Taking knowledge from the internet is no problem as long as we can verify the level of truth and accuracy of the source.

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Quote from: MarjorieZimmermanGinger on June 23, 2024, 10:15:33 AM

Quote from: fuguebtc on June 22, 2024, 10:29:31 AM

But what OP is talking about is should we give investment ideas to others when we don't have money to invest in bitcoin. And you have supported this idea but in my opinion it shouldn't be like that.

I am not in a justifying capacity but rather trying to give an opinion regarding the investment he is trying to make and that is only limited to the family. If he doesn't have money then he can do something else because I don't think there's anything wrong with putting forward this idea as long as it's limited to family.

Maybe it's your own opinion, but for me, I wouldn't give advice even to my family if I couldn't vouch for them . I understand that you want the best for your loved ones when introducing bitcoin to them, but like I said , if we don't have the practical experience and have never experienced it before. Giving advice to others can sometimes put them at more risk and that's not a good idea.

Quote from: MarjorieZimmermanGinger on June 23, 2024, 10:15:33 AM

Quote from: fuguebtc on June 22, 2024, 10:29:31 AM

Regarding financial education, if you want to educate your children or relatives about finances. That's an extremely good thing and I support it. But you cannot teach them knowledge that you have only learned online and have never experienced. If we want to teach someone about finances then we at least have some experience and success with it.
You have never given advice to anyone but why do you support OP giving investment ideas to others when he has never even invested in bitcoin?

Of course we have good knowledge before teaching them and we are also directly involved in investing. You have to understand what I mean and that's not supporting it, but I'm trying to give a general view and I say that if he understands Bitcoin investment. I also speak more to families where children are the responsibility of each parent in teaching them about finances. If he doesn't know Bitcoin well and has never invested before, he should start for himself first.

In short , what I want to say is that we need to have practical knowledge and experience before giving investment advice or teaching anyone , don't take knowledge from the internet and teach them.

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Quote from: AVE5 on June 25, 2024, 04:02:37 AM

You're right. Bitcoin or even cryptocurrency can't be pitch. This may literally not mean that you've the knowledge but what matters most is the experience.
Having the knowledge but haven't had its investment experiences is like you're just following the trends and having being presented before a client to investment on bitcoin which you haven't had experience about it doesn't have you a reputable personality. You can just imagine if the system isn't what you were taught it's. What if you were being convinced to accept an unrealistic crypto currency such as the shitcoins that are being so dumpy and then you also alos convinces your clients until they invest and the coin crashes? I guess you'd see the bearish crashes between you and your clients?
Let's also think, what if you're asked to be transparent with proof based on your experiences with the investment? I guess that'd get you frozen. It doesn't just work here with the digital investment.

Without knowledge how possible can get experience while undergoing investment and it is impossible for someone to invest directly to run in it without learning first. When someone has knowledge, they have an analysis level before people introduce Shitcoin who do not have strength so that the decision making space will be based on the study first. That is why knowledge is very important so that people can make decisions and without knowledge, it is impossible for people to get an investment experience.

Submitting ideas to get support from other parties is not easy because investment in Bitcoin can be run individually. Steps to consider how everyone should take the moment to undergo investment and the amount of capital can be adjusted. No need to think of excessive investment because we can run investment responsibly by using small capital first.

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Quote from: God bless u on June 23, 2024, 05:50:45 AM

Quote from: sekalitas on June 15, 2024, 11:59:20 PM

Quote from: Cryptomultiplier on June 02, 2024, 04:09:18 PM

Is it possible for a potential investor (without funds but with a good idea and a great proposal for investors), to pitch a Bitcoin investment idea to a group of friends and family and companies, with projections of good profit but with their invested funds, to gain backings?

The underlined word is "to pitch a Bitcoin investment idea";

It's possible , but you must have solid investment plan and have unique selling point that makes you different with other crypto asset management companies . Perhaps you're very good in short term investment and have good track record ? something like that .

Since you mentioned is a Bitcoin investment idea , are you planning to invest solely in bitcoin ? I suggest diversifying as it plays a crucial role in the risk management of a crypto portfolio. Allocating investments among different cryptocurrencies and types of assets allows investors to diminish the effects of underperformance in any single investment.

Anyway is quite risky offering investment opportunities to close friend of family , but if you want to do it , you need to be professional and don't forget the paperwork .

The most important point to ponder. The paper statement is very useful when it comes to the terms between the investors. I have faced this issue that I was doing the same thing with a relative and I didn't bothered to have the paper work done..

At last it costed me some of my relations and asset's also so for all those who are listening don't take the paper work litely. Do it on time.

It is possible to get benefit by investing in Bitcoin. I like to invest in cryptocurrency and I like especially Bitcoin because that is future and I think thr future of Bitcoin is bright and more persons will invest in Bitcoin and more persons will hold the Bitcoin and the price of Bitcoin will go up and up. My friends are also impressed by me when I explained him about Bitcoin,they invested it it and they are in profit and they also join bounties and airdrop and they got reward from that . They are very happy by investing in cryptocurrency. Cryptocurrency is for the people who want to become millionaires and billionaires because it is game of multiplication and you can get 200 percent from your investment. No investment can give you ROI like Bitcoin.

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Quote from: Dunamisx on June 03, 2024, 01:25:41 PM

Quote from: Cryptomultiplier on June 02, 2024, 04:09:18 PM

Is it possible for a potential investor (without funds but with a good idea and a great proposal for investors), to pitch a Bitcoin investment idea to a group of friends and family and companies, with projections of good profit but with their invested funds, to gain backings?

You cannot pitch a bitcoin investment idea without having money being involved, you could discover more on this from how many people conceive on various ideas and everything die down because they couldn't source for money on how to make the dream come through, you will need money, even if its just to make teaching aids in other for them to understand, they must also see the reflection of bitcoin adoption in you being evident in your life before they can accept all your suggesting to be true, what most people read now is our results and achievements and not what we are saying.

You're right. Bitcoin or even cryptocurrency can't be pitch. This may literally not mean that you've the knowledge but what matters most is the experience.
Having the knowledge but haven't had its investment experiences is like you're just following the trends and having being presented before a client to investment on bitcoin which you haven't had experience about it doesn't have you a reputable personality. You can just imagine if the system isn't what you were taught it's. What if you were being convinced to accept an unrealistic crypto currency such as the shitcoins that are being so dumpy and then you also alos convinces your clients until they invest and the coin crashes? I guess you'd see the bearish crashes between you and your clients?
Let's also think, what if you're asked to be transparent with proof based on your experiences with the investment? I guess that'd get you frozen. It doesn't just work here with the digital investment.

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It could be possible to pitch a Bitcoin investment idea & gain backing. To successfully pitch your idea you should clearly articulate the potential benefits & risks of investing in Bitcoin, demonstrate a deep understanding of the market & tech & try to provide a well researched & persuasive business plan. Attempt to highlight the growing adoption of Bitcoin, its potential as a hedge against inflation & the increasing institutional interest can help attract potential backers. Building trust & credibility through past investment successes & networking within the cryptocurrency community can also increase the likelihood of gaining backing for your Bitcoin investment idea.

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Quote from: Promocodeudo on June 21, 2024, 02:34:35 AM

I think for me, is you want lure investors to Bitcoin, don't ever hide anything, make sure you open up the do and don'ts them, don't hype Bitcoin but say things as it is, you have mentioned many things here, i somuch commend you for that, bitcoin is that kind of investment that one should be careful with, many Bitcoin gurus are not ready to convince anyone because the believe this investment is a personal thing, and even though they do, the will tell such investors everything they know about Bitcoin both the merits and demerits,

Yes, agree, luring someone to invest in Bitcin is not easy. It can be like a knife edge, which can actually be dangerous later if the situation does not match what they expected. That would actually ruin everything.

Give the positive and negative sides, possible benefits and risks. Also tell me to study it more deeply. In essence, we should not act like salespeople or project scammers who promise high level promises and then abandon them, never! Because this will actually influence people's views on Bitcoin.

Oh yes, make sure to also give them an understanding of several things about what can be done to manage the risk, because this is not something that cannot be avoided 100%, but this can be managed well to reduce the level of risk. So, they can also consider whether this will be successful for them or not.

So, if they already know the benefits and risks, they will be more aware first, whether it is appropriate or not to invest there for themselves.

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Quote from: boyptc on June 16, 2024, 04:42:53 AM

I wont do this.

I have got a bad experience when I were consulted and just said that they should invest to Bitcoin.

It was a wrong timing for them but perfect entry for someone who wants to enter the market because it happened on the bear market.

Whether it is direct bitcoin investment or an idea about it, not everyone can take its volatility.

Even in other types of investment, still I won't do that. All investments never guarantee profits, just like gambling, so convincing them to invest and ask for back up funds, is like letting myself held responsible if there are future losses that will occur, and I hate it that way. It's better to lose my own funds in an investment rather than losing other people's funds all because of my own idea.

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Quote from: God bless u on June 23, 2024, 05:50:45 AM

The most important point to ponder. The paper statement is very useful when it comes to the terms between the investors. I have faced this issue that I was doing the same thing with a relative and I didn't bothered to have the paper work done..

At last it costed me some of my relations and asset's also so for all those who are listening don't take the paper work litely. Do it on time.

This is a matter that needs to be reviewed carefully for your own good by determining that it is all for the good. Investing in Bitcoin is very speculative but it is certain that the potential and development has given rise to various innovations in the financial sector with the presence of cryptocurrencies or even with ideas for taking risks, in fact, not even a little
investors who dare to make the with invest they are making now.

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Quote from: Cryptomultiplier on June 02, 2024, 04:09:18 PM

Is it possible for a potential investor (without funds but with a good idea and a great proposal for investors), to pitch a Bitcoin investment idea to a group of friends and family and companies, with projections of good profit but with their invested funds, to gain backings?

Yes you can do that, People are after what will give them profits with no effort from their end. If you can guarantee them to make a profit without being responsible from their ends for losses then you can win their hearts and get the funding that you'll need from them to invest in Bitcoin but because you can do this shouldn't make you to do it as you don't know how the market will always turn out.

Bitcoin having a direction doesn't mean it can't go off script as some people might put it. Some unfortunate circumstances can happen like a war or economic recession that affects the market and Bitcoin doesn't do well in those times. Never borrow money to invest and don't take money from others to invest in the market. The market is no respecter of anybody and it can make a professional rethink his qualifications because of the results that he's realising. You don't put you hopes on the market going in accordance to your plans. Be prepared for anything because alot of disappointment are in investment and the crypto market has no exception

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Quote from: fuguebtc on June 22, 2024, 10:29:31 AM

But what OP is talking about is should we give investment ideas to others when we don't have money to invest in bitcoin. And you have supported this idea but in my opinion it shouldn't be like that.

I am not in a justifying capacity but rather trying to give an opinion regarding the investment he is trying to make and that is only limited to the family. If he doesn't have money then he can do something else because I don't think there's anything wrong with putting forward this idea as long as it's limited to family.

Quote from: fuguebtc on June 22, 2024, 10:29:31 AM

Regarding financial education, if you want to educate your children or relatives about finances. That's an extremely good thing and I support it. But you cannot teach them knowledge that you have only learned online and have never experienced. If we want to teach someone about finances then we at least have some experience and success with it.
You have never given advice to anyone but why do you support OP giving investment ideas to others when he has never even invested in bitcoin?

Of course we have good knowledge before teaching them and we are also directly involved in investing. You have to understand what I mean and that's not supporting it, but I'm trying to give a general view and I say that if he understands Bitcoin investment. I also speak more to families where children are the responsibility of each parent in teaching them about finances. If he doesn't know Bitcoin well and has never invested before, he should start for himself first.

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Quote from: sekalitas on June 15, 2024, 11:59:20 PM

Quote from: Cryptomultiplier on June 02, 2024, 04:09:18 PM

Is it possible for a potential investor (without funds but with a good idea and a great proposal for investors), to pitch a Bitcoin investment idea to a group of friends and family and companies, with projections of good profit but with their invested funds, to gain backings?

The underlined word is "to pitch a Bitcoin investment idea";

It's possible , but you must have solid investment plan and have unique selling point that makes you different with other crypto asset management companies . Perhaps you're very good in short term investment and have good track record ? something like that .

Since you mentioned is a Bitcoin investment idea , are you planning to invest solely in bitcoin ? I suggest diversifying as it plays a crucial role in the risk management of a crypto portfolio. Allocating investments among different cryptocurrencies and types of assets allows investors to diminish the effects of underperformance in any single investment.

Anyway is quite risky offering investment opportunities to close friend of family , but if you want to do it , you need to be professional and don't forget the paperwork .

The most important point to ponder. The paper statement is very useful when it comes to the terms between the investors. I have faced this issue that I was doing the same thing with a relative and I didn't bothered to have the paper work done..

At last it costed me some of my relations and asset's also so for all those who are listening don't take the paper work litely. Do it on time.

Topic: Is it possible to pitch a Bitcoin investment idea and gain backings? (Read 749 times)