Is it possible to pitch a Bitcoin investment idea and gain backings? - page 4.

Zlantann

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Quote from: Coyster on June 03, 2024, 05:17:51 PM

Quote from: Cryptomultiplier on June 02, 2024, 05:09:18 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?

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.

Coyster

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Quote from: WillyAp on June 03, 2024, 05:34:34 PM

I doubt that.
I had a look at the Job opportunities the crypto Industry spread out after covid.
Similar to banks I'd say.

What job opportunities are you talking about, the crypto industry does not put out job opportunities per se, it is crypto projects that look to hire people with certain skills to work for them. That being said, how does that relate to what we are discussing here and how does it make you doubt what i wrote in my first post here?

pinggoki

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It is possible but it's a really difficult pitch because bitcoin's unstable/volatile investment and investors don't really like the idea that their money would ever go to something that would greatly reduce their holdings really fast and not to mention that if the goal is just to hodl, why not just do it themselves? Why let someone have that opportunity when hodling is pretty much easy to do individually. You'll probably gain some backings but you have to remember that big investors will never give you their time of the day so you'll probably going to settle with your family or relatives, they're the only one that would be crazy enough to buy your pitch.

X-ray

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isn't it what literally those fund management companies or investment companies that manage the money on behalf of other people's wealth exactly doing, they just pitched the idea of earning passive income from investment usually without disclosing the investment that they are trying to invest but their point is that they promised capital gain from the investment plan they offered.
i'm sure individual can do just this, doing this to your own family pitching them with ideas for investment the thing that you should know beforehand though what if things went wrong and you lost money instead.
you should also responsible for their losses as well since literally you are the one that manages the fund and the one that exposes the money to risk for the sake of generation that share of profit. so definitely you will be at blame if anything happened to the money.
that's why not many people have the will to pitch such investment idea, because the market never linearly going up most often time it has flash dump or correction.

even worst if you pitched the idea with the promise of high yields, often time it leads to more problem with that unrealistic gains and trust me nothing good gonna be coming out of it, better you invest by your own and let other invest by their own.

ololajulo

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To pitch any investment idea effectively, you must demonstrate your business and investment expertise, showcasing a track record of success even if there have been some setbacks. Potential investors need to be confident that you won't squander their money before they even consider the business proposal. While Bitcoin is a recognized and successful entity, its volatility and the widespread media coverage require you to provide compelling evidence that their funds will be secure.

electronicash

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when you have already been in the crypto forum for a long time, you already know the anticipated questions and what to answer if they ever raise questions even on how to trade them. the only worry you have is if they have the money to invest and whether you are willing to trade your friendship when you get the blame.

you pitch to them and make them invest means you also need to guide them as to when and where they need to trade it to stablecoin to profit. its a responsibility to shoulder.

Localhostspeed

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Quote from: Cryptomultiplier on June 02, 2024, 05:09:18 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?
Let's discuss!

Buying Bitcoin isn't your idea, it's an investment idea that anyone can do own there own, so I don't understand the logic you will use to convince a potential investor to buy Bitcoin. Are you going to promise profits, yes there is profits but will you guarantee it? You don't own the parameters to determine the profits, there is no way to convince your clients and investors to put money in your ideas unless you want to be aseet management with some products but this require some years of experience and licensing.

Your idea might really work if you have your own business idea that is captivating and mature idea that will attract investors, the idea must feasible on paper and reality and not some random unrealistic ideas.

WillyAp

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Quote from: Coyster on June 03, 2024, 05:17:51 PM

Things are a little bit different in the crypto industry, if it were to be your business idea or startup, you have a clear goal and you are working towards it, but you need funding from people who have the money.

I doubt that.
I had a look at the Job opportunities the crypto Industry spread out after covid.
Similar to banks I'd say.

Coyster

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Quote from: Cryptomultiplier on June 02, 2024, 05:09:18 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?

Things are a little bit different in the crypto industry, if it were to be your business idea or startup, you have a clear goal and you are working towards it, but you need funding from people who have the money. If they like your idea, they might put their money to make your idea work and also earn them ROI. But remember that in this case, the success somewhat depends on you and how good your idea is.

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?

Zlantann

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Quote from: Cryptomultiplier on June 02, 2024, 05:09:18 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?

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.

Dunamisx

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Quote from: Cryptomultiplier on June 02, 2024, 05:09:18 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.

WillyAp

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Sure is, you need to have your Idea ironclad in writing.
Business pan, marketing plan both are needed.

Cryptomultiplier

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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/

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