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Topic: Is it possible to pitch a Bitcoin investment idea and gain backings? - page 3. (Read 743 times)

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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";


Quote
pitch, sales talk. type of: packaging, promotion, promotional material, publicity. a message issued in behalf of some product or cause or idea or person or institution.

Pitching in business refers to presenting business ideas to another party. For example, you may pitch your startup business to potential investors or your products to potential customers. A business pitch needs to give your audience a clear understanding of your plan or goals to gain buy-in.
In making your first pitch, here are some steps to go about it;
1. UNDERSTAND WHAT THE CLIENT WANTS.
2. KNOW WHAT YOU DON’T WANT TO SAY.
3. REMEMBER YOUR VALUE.
4. PREPARE FOR THE CLIENT’S UNIQUE ISSUES.
5. PREPARE ANSWERS TO ANTICIPATED QUESTIONS.
6. FOCUS ON BUILDING A RELATIONSHIP FIRST.
7. HAVE AN OUTWARD MINDSET.
8. BE AUTHENTIC.
9. DON’T FORGET ABOUT THE EMOTIONAL ELEMENTS.
10. AIM TO ALLEVIATE THE CLIENT’S CONCERNS.
11. PRACTICE WITH YOUR TEAM.
12. DESCRIBE THE CLIENT’S PROBLEM AS YOU UNDERSTAND IT.
13. FOCUS YOUR MESSAGE ON THE CLIENT.
14. PRACTICE READING ALOUD BEFORE THE MEETING.
15. MAKE SURE THEY’RE ACTUALLY YOUR IDEAL CLIENT.

https://www.abstraktmg.com/making-your-first-big-client-pitch-15-important-tips-to-keep-in-mind/

Let's discuss!
Pitching is a technical skill that needs to be very enhanced in order to convert that pitch into sales. You know it's not easy to make someone trust you when it comes to money. So the best way to pitch someone is by making them believe that you can generate them profits.

Now this can be done by showing live trades where you will be generating profitable trades through your skills. Or you can show Them you previous work and trades.
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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?

I don't think it is a bad idea to present Bitcoin to friends and family because it is a good investment. Also, some companies like Microstrategy are investing in Bitcoin and making good returns. However, it is important to give them a comprehensive analysis of how the Bitcoin investment system works. They should know the risk involved in investing, and emphasis should also be placed on long-term hodling rather than making quick returns. Let me also add that the choice or decision to invest should be taken by the prospective investors. Never force or persuade people to buy Bitcoin to avoid the blame game. You have to encourage them to do their research before deciding to invest.

No one said that introducing bitcoin to people is a bad idea because bitcoin is indeed a potential investment. But how do you get people to listen to you talk about bitcoin when you don't have any money to invest in it and you haven't achieved significant results with it? Just like when I was a worker, I was too naive when I tried to talk to my boss about investing in bitcoin and told him that it was a potential investment that could bring him a decent profit. Do you find it funny when a poor person tries to teach a rich person to become rich?

There is no more convincing explanation than showing them proof, but if you don't even have the money to invest in it, you only can show them theories and examples you found on the internet or stories told by others. Do you think that will be enough to convince them?
sr. member
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It's possible but it's really difficult to do because you don't have anything to sell to your investors besides the fact that they have to give you money so you can invest bitcoin for them, it's something that they can already do so they're not going to get the point of doing something that's not really going to benefit them in any way, you're basically trying to pitch speed to a cheetah, it's no use to them. Maybe if you're a real charmer and you'd be able to convince or charm them into believing that they can just give you that money so you can gamble that into bitcoin investment then more power to you.
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The idea of ​​proposing an investment in Bitcoin is good, but usually the audience will first look at the person who conveys it. Because of course there must be evidence to be able to provide additional evidence that your background is indeed promising. Investors with a high level of understanding will have many demanding criteria, especially financial matters, where the audience will look at the presentation material and see the facts of your daily life. Because it would be very pointless to submit such and such submissions regarding Bitcoin if you don't have anything to be proud of. This is not about bragging, but in marketing techniques, if the background is ordinary but what is conveyed seems promising, then the audience will ask what can you prove from investing in Bitcoin? if it's true it's profitable.
By background, I think you mean something like educational background? But, they say it's fine to not have that but a good skill alone can still work decently. By skills, I think this includes faking our background, only to present something to those who are ultra-strict investors. Despite of their attitude, it's funny that at the end, they will still got fooled by those who are highly skilled people, haha.

I do not blame them because, no doubt that money is truly hard to find, so they are only making sure that what they are spending is also worth it. I also don't blame the marketers because it's only their hustle to make money and have something to eat, and live their life.
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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";
The idea of ​​proposing an investment in Bitcoin is good, but usually the audience will first look at the person who conveys it. Because of course there must be evidence to be able to provide additional evidence that your background is indeed promising. Investors with a high level of understanding will have many demanding criteria, especially financial matters, where the audience will look at the presentation material and see the facts of your daily life. Because it would be very pointless to submit such and such submissions regarding Bitcoin if you don't have anything to be proud of. This is not about bragging, but in marketing techniques, if the background is ordinary but what is conveyed seems promising, then the audience will ask what can you prove from investing in Bitcoin? if it's true it's profitable.
legendary
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I think it's inappropriate to pitch an investment idea to close friends and relatives. This crosses a line between financial relationships and personal relationships. If things go wrong, and they often do with investment, your close relationship is spoiled, perhaps even beyond repair.
That's why I think pitching should be done to people who you aren't close with, and with disclaimers about them being responsible for the risks because there's never a 100% guarantee that a plan will work out. Ideally, you shouldn't take any obligations in an event things don't work out.
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This depends on several things, such as the extent of trust you have among friends and family, as well as the extent of the profitability and effectiveness of the idea that you will create, and whether this idea is truly creative or whether it exists in the market.

The matter is different when it comes to family and friends than when it comes to companies. Family and friends may trust you and your idea and support you because they trust you, but as for companies, this does not work for them.

You need to present a unique idea to companies with an economic feasibility study, an almost guarantee that they will receive large profits from implementing the idea, and a certainty that you will receive support if it is innovative and unique in the market.
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you better off doing the investment yourself, seriously, its the same as those scenario where your friend trying to entrust their money to you for investment but can't accept if their money vanish because losses.
its just overall a really bad idea and to get the grasp of how a really bad idea it is, just try managing someone else's investment in small amount and see how that going on for you, maybe you are interested in making money without capital, but frankly, if things fails, you gonna get hit hard with the reality.
I know people in my town doing this with a very week business model wherein they just pitch for investment stating they would provide recurring monthly profit for 4% which is roughly 48% of invested amount will be earned in a year they claim to give these returns through Bitcoin trading but I have seen them struggling as sometimes the need of money to payback the investors has led them taking wrong move and losing on probably profits. But a strong strategy with a solid plan can be introduced if it's for long term.
this kind of business only works if we can be really sure we gonna be making profit here, with the market that is volatile, there are too many things that will not turns out as expected.
this kind of business always need trust between each party.
the service provider should know to give the profit to the investor and the investor should know that business isn't always gonna be profitable sometime there's certain time where thing goes bad and business gonna face crisis.
with legal contract and all its viable, but its difficult to set up.
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Tell me more on how to start on this forum that such an idea will be protected and if it gets the backings it needs, the funds and my profit would be duely paid without having escrow issues and or regulations issues.
Create a thread in service announcements section and explain your service, show how much you can earn.

There's no guarantee you will not having escrow issues, that's the risk in business.

There's a chance you will have regulations issues, if the exchanges think you received high risk coins, your clients money could be confiscated and the exchanges might see you as a criminal.
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I know people in my town doing this with a very week business model wherein they just pitch for investment stating they would provide recurring monthly profit for 4% which is roughly 48% of invested amount will be earned in a year they claim to give these returns through Bitcoin trading but I have seen them struggling as sometimes the need of money to payback the investors has led them taking wrong move and losing on probably profits. But a strong strategy with a solid plan can be introduced if it's for long term.
legendary
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No harm with pitching a bitcoin investment idea as that could even make other people aware how bitcoin can be profitable and beneficial in the long run, but pushing them to invest using their hard-earned money, that is already another story.

Yes, you can sell to them your brilliant idea with bitcoin but you should never anticipate too much that they’re going to bite it for you. We all have different views and insights about bitcoin, and have different predictions as well how it will be in the future. The reason why we can’t assure that they’re going to follow what we are saying, as they have all the right to refuse the idea if they think it won’t work for them.
sr. member
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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";


Quote
pitch, sales talk. type of: packaging, promotion, promotional material, publicity. a message issued in behalf of some product or cause or idea or person or institution.

Pitching in business refers to presenting business ideas to another party. For example, you may pitch your startup business to potential investors or your products to potential customers. A business pitch needs to give your audience a clear understanding of your plan or goals to gain buy-in.
In making your first pitch, here are some steps to go about it;
1. UNDERSTAND WHAT THE CLIENT WANTS.
2. KNOW WHAT YOU DON’T WANT TO SAY.
3. REMEMBER YOUR VALUE.
4. PREPARE FOR THE CLIENT’S UNIQUE ISSUES.
5. PREPARE ANSWERS TO ANTICIPATED QUESTIONS.
6. FOCUS ON BUILDING A RELATIONSHIP FIRST.
7. HAVE AN OUTWARD MINDSET.
8. BE AUTHENTIC.
9. DON’T FORGET ABOUT THE EMOTIONAL ELEMENTS.
10. AIM TO ALLEVIATE THE CLIENT’S CONCERNS.
11. PRACTICE WITH YOUR TEAM.
12. DESCRIBE THE CLIENT’S PROBLEM AS YOU UNDERSTAND IT.
13. FOCUS YOUR MESSAGE ON THE CLIENT.
14. PRACTICE READING ALOUD BEFORE THE MEETING.
15. MAKE SURE THEY’RE ACTUALLY YOUR IDEAL CLIENT.

https://www.abstraktmg.com/making-your-first-big-client-pitch-15-important-tips-to-keep-in-mind/

Let's discuss!
Pitching your business idea to someone who probably has a bigger platform or publicity is one method of making your dreams become a reality. Bitcoin investment is not really too difficult to explain to an investor, but one that is associated with it that, those investors your sharing your Ideas with need to build their own knowledge concerning Bitcoin, because you know how volatile the market can be, so if the Investor doesn't have a knowledge-based idea of what he/she about to venture into, he/she will be complaining at some point, because maybe you didn't tell them the reality of the forces and how unstable it can be sometimes.
Even though they are not your group of friends, as long as they are people with potential to invest into your ideas, you can as sell the Idea to them and supposedly arrange for your own percentage once the business is fruitful.
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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?

I don't think it is a bad idea to present Bitcoin to friends and family because it is a good investment. Also, some companies like Microstrategy are investing in Bitcoin and making good returns. However, it is important to give them a comprehensive analysis of how the Bitcoin investment system works. They should know the risk involved in investing, and emphasis should also be placed on long-term hodling rather than making quick returns. Let me also add that the choice or decision to invest should be taken by the prospective investors. Never force or persuade people to buy Bitcoin to avoid the blame game. You have to encourage them to do their research before deciding to invest.
Yes, it’s never wrong to pitch bitcoin investment idea to the people who seem interested on it, as acquiring knowledge is the first requirement so that they can tell if they really like to pursue investing on bitcoin or will certainly miss the opportunity to invest. Just make sure that your goal is just to explain to them about your bitcoin investment idea and not to forcefully convince them to risk their funds into bitcoin as that could mean making you held responsible if they obtain losses in the end. You can share them the benefits of bitcoin but let them have the final say on it.
legendary
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However, to get investors interested in your Bitcoin investment idea, people should at least know about it and all the disadvantages that can await them. I would say that if you are not confident that people can trust you or that they can withstand a long period without their money without regularly asking you about expected returns, then instead of the benefit that you think you want to bring them, you will get a lot of grievances and quarrels. Therefore, of course, it’s good to help, but when it comes to money, it’s better to own it separately, without friends, relatives, and acquaintances.
full member
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"Anything" is possible if you can convince people and make them to believe in you.

It doesn't have to be Bitcoin, even you're talking non sense and don't know anything about investment, but as long as they want to give their money to you, you're success.

You don't have to reach your friends, families, or companies, you actually can start on this forum.
Tell me more on how to start on this forum that such an idea will be protected and if it gets the backings it needs, the funds and my profit would be duely paid without having escrow issues and or regulations issues.
sr. member
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This is actually very risky but it all depends on how you convey it and how easy it is for them to understand and are also interested if you convey it well, because it is not only your expertise in investing in Bitcoin but the most important thing is your delivery and explanation to them.
And you have to provide service and serve well and not disappoint, that is the point or value for investors in the future. Because investors will not give you all their money and they will do it in stages to see whether there is progress according to what you have said, whether it is appropriate, if it is appropriate then they will increase their capital again. Because they are also smart and very careful with their money, and the most important thing is that you try to work with them to invest in Bitcoin for the long term and this is a safe choice and also because of their wishes.
hero member
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"Anything" is possible if you can convince people and make them to believe in you.

It doesn't have to be Bitcoin, even you're talking non sense and don't know anything about investment, but as long as they want to give their money to you, you're success.

You don't have to reach your friends, families, or companies, you actually can start on this forum.
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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";


Of course it is possible, but the real question here is why someone with an idea goes in the direction of borrowing money from family and friends, and not exclusively from a bank or some company? People who involve friends and relatives in their business ventures are just taking the path of least resistance, and of course if everything goes wrong it is much easier to be indebted to them than to the bank or loan sharks.

Honestly, I have had the opportunity to meet people who walk around with ideas, and in the end they turned out to be ordinary scammers who have no idea about anything.
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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?
That being said, what kind of "bitcoin investment idea" are you talking about in this case, do you want to advise people to buy bitcoin, that isn't something you'd want to do with something as volatile as bitcoin that you do not/cannot control its price movement. So what investment advice is it that you are talking about?

I read a post where s member was complaining that banks are turning down his business proposal to invest in the crypto space. I don't blame banks for turning down his proposals because the crypto space is unpredictable. But I don't think there is any harm in presenting Bitcoin investment ideas to friends and family members. Volatility in the Bitcoin system is not a problem but an opportunity. The space might be unpredictable but the four-year circle still exists. At least we can predict that anyone who buys Bitcoin during the bear season will make some gain if he sells during the bull run. The investment advice could be educating people about how the Bitcoin system works and the possibilities of making a profit from it in the future. We know that the sector is unpredictable but we are all witnesses that people are making a fortune from Bitcoin investment.
You made a valid point , but more than just educating people, probably those friends and family members you mean, is an actual business idea that may involve even strictly accepting Bitcoin as payments with an investment by diversification that is sure to make profit.

The stories of Bitcoin success and sure gain by investors is an open secret that is for anyone including any SEC agency, to see.
sr. member
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Of course it’s possible however make sure that you wouldn’t at least be wasting other people’s time. What do the investors want to see from you? It’s a detailed business plan. Now what are the parts of a business plan?

  • Executive Summary
This is the short summary of what you want to promote. Think of this as your advertisement to your future investors. Typically this is the last one you’d write because this is just supposed to be a collection of all the parts of the business plan.

  • Business Aspect
Now this is where you will be going into detail about your product or service. The future investors need to know what you are selling, how are you going to be making it, how will you distribute and etc.

  • Marketing
All business needs to be marketed. You also need to convince your future investors that you would know how to promote your product or service properly. Marketing drives customers and customers is where profit comes from.

  • Management Aspect
Who will be part of your project and what can they do to help the project improve? Future investors need to see whether the people behind the project are actually capable so they can assess whether this project is feasible or not.


Don’t be too overwhelmed. It might be too much but if you are adamant in getting investors, you need to show them that you know what you are about to do and that they should put their trust in you and your project.
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