Author

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

hero member
Activity: 812
Merit: 619
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.
STT
legendary
Activity: 4088
Merit: 1452
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
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
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.
full member
Activity: 952
Merit: 232
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.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
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.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
~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.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
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.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
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.
hero member
Activity: 1498
Merit: 802
Leading Crypto Sports Betting & Casino Platform
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.

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.
hero member
Activity: 1960
Merit: 537
Leading Crypto Sports Betting & Casino Platform
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.


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.
hero member
Activity: 1498
Merit: 802
Leading Crypto Sports Betting & Casino Platform
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.
N.O
full member
Activity: 322
Merit: 188
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.
full member
Activity: 350
Merit: 128
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.
legendary
Activity: 3304
Merit: 1617
#1 VIP Crypto Casino
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.
hero member
Activity: 2072
Merit: 656
royalstarscasino.com
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.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
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.
member
Activity: 280
Merit: 22
WOITOKEN Play to Earn NFT Game
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.
legendary
Activity: 2408
Merit: 4282
eXch.cx - Automatic crypto Swap Exchange.
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
hero member
Activity: 1498
Merit: 802
Leading Crypto Sports Betting & Casino Platform
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.

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.
full member
Activity: 280
Merit: 110
Eloncoin.org - Mars, here we come!
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.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
I mean "possible" is a bit of a questionable thing here, of course it is possible. Should the question change to "is it likely?" then I would say not really. I have always thought about it, like I know a lot of people who can put up 10k+ dollars into a business, I think I have about 6 people who can do that, which means that if I want to start a business today, and if I can convince all of them, I can do 6 or even 7 of these people and start at 60k-70k range as my capital.

However, I have never trusted myself, nor even my ideas, to go and take that risk. Bank loans are easier because banks have no emotions and if I fail then they take my stuff, but if I do it with friends and fail? Then I am losing a lot of people in my life and I can't afford to do that.
hero member
Activity: 1960
Merit: 537
Leading Crypto Sports Betting & Casino Platform

There is no obligation to give investment advice to others and there is no need to do so if you don't want to get into trouble.

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.


But when it comes to finances, we need to prepare and maybe we should provide education to our children and closest family about investing. This aims to provide independence for them so that when they are ready to invest, they have the correct knowledge. Honestly, I have never given investment advice to anyone and I don't do that not because I don't have the knowledge but because I don't want to face problems when they experience losses due to mistakes they have made.
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?

If we have never been involved in bitcoin investment, it is impossible for us to provide education to other people because we have no direct experience that we can provide. But make no mistake, sometimes listening to investment advice from other people is also useful as long as we can verify the truth. There are people who are good at giving advice but they don't carry it out and that is the function of verifying something before implementing it.

That's what I'm trying to say, if we have never invested in bitcoin then giving ideas or giving advice to others is not right and a bad idea. Personally, I wouldn't listen to advice from people who have no experience and are only theoretical.
hero member
Activity: 1498
Merit: 802
Leading Crypto Sports Betting & Casino Platform
In my opinion, if you don't have money and have never invested in bitcoin, you should not give bitcoin investment advice to anyone. If you have no reallife experience and what you know is only from other people or the internet , you are not qualified to give advice to anyone . What you are doing will only harm others and not help them as you think, you should only give advice unless you have experience with it . Experience you experience yourself versus the experience told by others, they have a huge gap and are very different , believe me .

In addition , you will have a lot of difficulty convincing or giving advice to people if everyone knows that you have never invested in it and there is no evidence to prove what you say is true . If you were a millionaire and invested millions of dollars in the market , would you take the time and be willing to listen to the advice of an investor with a capital of a few hundred or a few thousand dollars ? That's like a person being an employee but trying to teach his boss to get rich , this sounds very unreasonable and unconvincing.
There is no obligation to give investment advice to others and there is no need to do so if you don't want to get into trouble. But when it comes to finances, we need to prepare and maybe we should provide education to our children and closest family about investing. This aims to provide independence for them so that when they are ready to invest, they have the correct knowledge. Honestly, I have never given investment advice to anyone and I don't do that not because I don't have the knowledge but because I don't want to face problems when they experience losses due to mistakes they have made.

If we have never been involved in bitcoin investment, it is impossible for us to provide education to other people because we have no direct experience that we can provide. But make no mistake, sometimes listening to investment advice from other people is also useful as long as we can verify the truth. There are people who are good at giving advice but they don't carry it out and that is the function of verifying something before implementing it.
full member
Activity: 952
Merit: 232
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.
That's doable because I have seen many others who have their service specialty advertised in the service announcements section and get maybe no interests or criticism from others.
I also know that many of the ideas that are genuine and are advertised herein, can get copied by others with evil motives and well, this is online and I know offline centres can offer same value if the original idea is implemented in real life.
 
Quote
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.
What if I had to first get regulated or and get registered with proper documentation, before launching such an idea and it is in the hope that it would make my intended services get recognized and legit and also, I receive only payments in cryptocurrency with only Bitcoin or with any of the top five crypto currencies and top stable coins that are not really high risk and well recognized by the exchanges.

Won't that be a guarantee against my money being confiscated by the exchanges or have serious issues with regulatory bodies and also prevent my idea or intellectual property from being stolen even on this forum, thus giving me the privilege to advertise my services and ideas here?
hero member
Activity: 1960
Merit: 537
Leading Crypto Sports Betting & Casino Platform
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";
Maybe it can be done, but what is your ability to convince friends, family or the company. But in my opinion, the most likely thing is family because these are the closest people who understand our journey so by offering good ideas they will be more likely to believe. If we talk about the company it will be much more difficult because how can they possibly listen to us when the concept of the company doesn't know Bitcoin at all.

Actually, you can do it a much easier way by investing an amount of money that you can afford. Investments in Bitcoin can be made in any amount so using your own money is much safer and can give you confidence. Although sometimes speculative can give a little worry if one does not really understand the journey of bitcoin.

In my opinion, if you don't have money and have never invested in bitcoin, you should not give bitcoin investment advice to anyone. If you have no reallife experience and what you know is only from other people or the internet , you are not qualified to give advice to anyone . What you are doing will only harm others and not help them as you think, you should only give advice unless you have experience with it . Experience you experience yourself versus the experience told by others, they have a huge gap and are very different , believe me .

In addition , you will have a lot of difficulty convincing or giving advice to people if everyone knows that you have never invested in it and there is no evidence to prove what you say is true . If you were a millionaire and invested millions of dollars in the market , would you take the time and be willing to listen to the advice of an investor with a capital of a few hundred or a few thousand dollars ? That's like a person being an employee but trying to teach his boss to get rich , this sounds very unreasonable and unconvincing.

sr. member
Activity: 434
Merit: 254
DAKE.GG - CASINO AND SLOTS | UP TO 230% BONUS
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.

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,
Selling this kind of idea knowing too well how Bitcoin market is, wouldn't be an option for me, Bitcoin fluctuations is not something we should jike with it but if they investors agree on the terms you tell them fine but as for me i wont go for this knid of thing.
hero member
Activity: 1498
Merit: 802
Leading Crypto Sports Betting & Casino Platform
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";
Maybe it can be done, but what is your ability to convince friends, family or the company. But in my opinion, the most likely thing is family because these are the closest people who understand our journey so by offering good ideas they will be more likely to believe. If we talk about the company it will be much more difficult because how can they possibly listen to us when the concept of the company doesn't know Bitcoin at all.

Actually, you can do it a much easier way by investing an amount of money that you can afford. Investments in Bitcoin can be made in any amount so using your own money is much safer and can give you confidence. Although sometimes speculative can give a little worry if one does not really understand the journey of bitcoin.
sr. member
Activity: 812
Merit: 257
PredX - AI-Powered Prediction Market
Bitcoin today has become a necessity of life, meaning that wherever you are as long as you carry the phrase / private key you can send it and make money. the ideas that are createdq on a project can certainly be filtered and will be very useful for a group of people who are peddling their services, there are times when people hold funds but run out of ideas so vice versa, be it technical trading ideas, new company marketing or social media survival strategies and more. Bitcoin is recognised in various companies including physical office owners and even the state sector, if that's the case I think it's a good idea to affiliate and provide useful ideas, the blessing of bitcoin even with free / compiling ideas can get royalties and that's reasonable cooperation.

full member
Activity: 882
Merit: 211
you can't convince someone when you don't have the skills and money to back up what you say because what potential investors need to entrust their funds to you is how skilled you are at managing your investment portfolio and how high the returns you get.  if you don't have this then you can't convince potential investors to entrust their money to you because these potential investors are not stupid people who want to believe empty talk without evidence.
When you don't have the skills, it is very unlikely that people will entrust the funds they have to invest or trade, because as an investor they will of course look at the investment history you have made and they will decide whether it is appropriate to entrust the funds they have to invest in you or not. and if they are really interested in you and it is appropriate for them to give the funds they have, of course they will be very confident that they can get a profit from what they have invested in you.
hero member
Activity: 3150
Merit: 937
Quote
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";

What exactly do you mean by "Bitcoin investment idea"? Is there something revolutionary and ground breaking about your "investment idea"?
All your friends and family could simply install Electrum wallet and buy a decent amount of BTC by themselves. Why do you have to pitch them a "Bitcoin investment"? Do you want to tell your friends and family "Just give me your money. I will invest in Bitcoin and give you 198583% profit in return! A can guarantee that this is going to work."? This smells like a scam to me.
Making business with friends and family, asking friends and family for money and promising them big returns seems like a recipe for disaster.
You don't want to ruin your relations with your friends and family, don't you?
full member
Activity: 868
Merit: 202
you can't convince someone when you don't have the skills and money to back up what you say because what potential investors need to entrust their funds to you is how skilled you are at managing your investment portfolio and how high the returns you get.  if you don't have this then you can't convince potential investors to entrust their money to you because these potential investors are not stupid people who want to believe empty talk without evidence.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
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.
full member
Activity: 280
Merit: 110
Eloncoin.org - Mars, here we come!
You can sell anything and make money out of it even if it's just an idea and am sure lot of people made money in that way but Bitcoin is just money so you need to be precise with what you are going to do with Bitcoin to raise funds. If you simply say give your money which I can invest and give portion from the returns isn't a real idea, it has to be something unique to convince someone to trust their money can be invested.
I think the best way to convince them is by showing them some live trades. A trade where you will earn some profits by applying your knowledge and skills. When they'll get to know your talent and skills then the urge to get that profit too will make them to invest with you..

Otherwise it's very difficult in this era of inflation to convince people to Invest with you they're already suffering alot due to high cost of living.
copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform
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";


You can do this even with total stranger since it’s very popular on crypto space. Crowdfunding is the word you are looking and yes many project start from scratch idea then later on found investors when their idea becomes introduced in the public.

It’s easy to get backings if you have a very solid idea that has a potential to prosper in the future since Bitcoin holders are always interested on profit opportunities in a form of investment.

sr. member
Activity: 728
Merit: 252
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
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 .
sr. member
Activity: 2324
Merit: 263
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
You can sell anything and make money out of it even if it's just an idea and am sure lot of people made money in that way but Bitcoin is just money so you need to be precise with what you are going to do with Bitcoin to raise funds. If you simply say give your money which I can invest and give portion from the returns isn't a real idea, it has to be something unique to convince someone to trust their money can be invested.
Choosing to sell anything to make money can of course be done by anyone, but they must first understand well what they are selling and by choosing to invest in Bitcoin, of course we will be able to make a profit if we can collect and hold it for a period of time. old thing, I think it would be very risky if we advised other people to invest in Bitcoin and it would be better to first explain it to them in detail so they can understand well so as not to make mistakes that cause them to suffer losses on the investment they make, because if we continuing to invite them to invest and they experience losses of course this will make them blame us for inviting them to invest and it would be better for us not to advise anyone to invest if they cannot explain investment well.
sr. member
Activity: 2520
Merit: 280
Hire Bitcointalk Camp. Manager @ r7promotions.com
You can sell anything and make money out of it even if it's just an idea and am sure lot of people made money in that way but Bitcoin is just money so you need to be precise with what you are going to do with Bitcoin to raise funds. If you simply say give your money which I can invest and give portion from the returns isn't a real idea, it has to be something unique to convince someone to trust their money can be invested.
sr. member
Activity: 1680
Merit: 288
Eloncoin.org - Mars, here we come!
Doesn’t sound like a good idea to me. You can simply pitch the idea to them and have them voluntarily use their money and invest whenever they choose to. You definitely wouldn’t be able to bear all the blames when the price starts going down, for instance maybe if we somehow hit $40k which is almost half of the current value. They’ll blame you and keep asking you about their money. So pitch it to them telling them everything involved, then stay out of it.
sr. member
Activity: 1470
Merit: 428
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.
I believe what you intended to state is that before a pitch can get the necessary attention it deserves, the pitcher or the person who has the business idea , should do well to prepare a proof of work analysis data that may include pictures and charts and trend movement, inorder to sound and appear more convincing.
No matter how crazy the idea one is about to pitch might be, I think people will put their money on someone they know well, trust and who is prepared, rather than on someone who isn't prepared or with any facts and figures as estimate.
sr. member
Activity: 1708
Merit: 295
https://bitlist.co
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 think the problem here is turning thoughts into actual actions to see what the results reflect.

Perhaps many hypothetical situations will arise as to whether approval or rejection will be received. But anyway, try expressing and sharing practical opinions, not wishful thinking. I have seen people call for investment with their families, but the ability to persuade and not be able to clarify the plan only makes people more suspicious, so taking advantage of opportunities from people around you should not be. Too much pressure, try your best even without companionship.
full member
Activity: 280
Merit: 110
Eloncoin.org - Mars, here we come!
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.
hero member
Activity: 1792
Merit: 534
Leading Crypto Sports Betting & Casino Platform
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
Activity: 1554
Merit: 334
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.
hero member
Activity: 2100
Merit: 546
Leading Crypto Sports Betting & Casino Platform
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.
hero member
Activity: 1974
Merit: 586
Free Crypto Faucet in Trustdice
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
Activity: 3248
Merit: 1402
Join the world-leading crypto sportsbook NOW!
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.
legendary
Activity: 1848
Merit: 1982
Fully Regulated Crypto Casino
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.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
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.
hero member
Activity: 742
Merit: 633
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.
hero member
Activity: 1652
Merit: 569
Catalog Websites
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
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
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
Activity: 700
Merit: 270
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.
hero member
Activity: 2954
Merit: 672
Message @Hhampuz if you are looking for a CM!
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
Activity: 2072
Merit: 4265
✿♥‿♥✿
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
Activity: 952
Merit: 232
"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
Activity: 2366
Merit: 448
Enjoy 500% bonus + 70 FS
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
Activity: 742
Merit: 633
"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.
legendary
Activity: 3234
Merit: 5637
Blackjack.fun-Free Raffle-Join&Win $50🎲
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.
full member
Activity: 952
Merit: 232
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
Activity: 2618
Merit: 439
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.
legendary
Activity: 1050
Merit: 1100
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.
legendary
Activity: 2184
Merit: 1302
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?
sr. member
Activity: 1666
Merit: 426
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.
hero member
Activity: 3066
Merit: 536
Leading Crypto Sports Betting & Casino Platform
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.
sr. member
Activity: 2240
Merit: 270
SOL.BIOKRIPT.COM
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.
legendary
Activity: 3178
Merit: 1054
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.
newbie
Activity: 14
Merit: 0
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.
member
Activity: 672
Merit: 16
Looking for guilt best look first into a mirror

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.
legendary
Activity: 2184
Merit: 1302
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?
legendary
Activity: 1050
Merit: 1100
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.
hero member
Activity: 952
Merit: 555
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.
member
Activity: 672
Merit: 16
Looking for guilt best look first into a mirror
Sure is, you need to have your Idea ironclad in writing.
Business pan, marketing plan both are needed.
full member
Activity: 952
Merit: 232
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!
Jump to: