What must be discussed with an investor?

odolvlobo

legendary

Activity: 4438

Merit: 3387

Quote from: zemnieka on February 02, 2018, 01:58:27 PM

My friend wants to put in $100k in the crypto market ...

Your post is not clear. It seems like your "friend" wants you to give them $100k and they will invest it for you. Is that right? My first thought is that your "friend" is not really a friend, and they are trying to take advantage of you.

Quote from: zemnieka on February 02, 2018, 01:58:27 PM

... I will get 20% from the profit.

Also not clear. You will get 20% of what?

If your "friend" says the return on your investment will be 20%, then you really need to understand how your "friend" came up with that number. Also, you need to determine the risk of the investment and whether or not your "friend" can truly deliver that return.

If your "friend" says that you will get 20% of the profit from the investment (and your "friend" gets 80%), then that is a bad deal for you. You take most of the risk and your "friend" gets most of the reward.

gotminer

member

Activity: 644

Merit: 24

Quote from: zemnieka on February 02, 2018, 01:58:27 PM

My friend wants to put in $100k in the crypto market and says I will get 20% from the profit.

What ought to be discussed before agreeing to deal with him?

1. How is he going to buy BTC?
2. Where is he going to store them?
3. How much does the value of the purchase coin or token has to increase before selling and what portion to sell at the first pump?

What else is there?

4. Will he kill himself when his 100K is suddenly worth 50K?

Honestly, if your friend is putting 100K into crypto, why the fuck would you get 20%? What the hell do you have to do with it?

stereo117

newbie

Activity: 19

Merit: 0

Why should you get 20% ? Are you also investing ?

1. There are a lot of exchanges online to get cryptocurrencies.

2. You should store them on an offline wallet not a web wallet. Also make a backup of your wallet.

One of my questions is:"Which cryptocurrency do you wanna invest in?"

OgNasty

donator

Activity: 4760

Merit: 4323

Leading Crypto Sports Betting & Casino Platform

Why first question would be, "Why would you give away 20% of your profit?"

zemnieka

newbie

Activity: 12

Merit: 0

My friend wants to put in $100k in the crypto market and says I will get 20% from the profit.

What ought to be discussed before agreeing to deal with him?

1. How is he going to buy BTC?
2. Where is he going to store them?
3. How much does the value of the purchase coin or token has to increase before selling and what portion to sell at the first pump?

What else is there?

Topic: What must be discussed with an investor? (Read 141 times)