Bitcoin Forum

   I see that many people here are trying to make profit with trading. I'm afraid to try I admit that, cause of several reasons, but its not important.
   My idea is simple, can we create a group and money that we collect to invest in some trusted trader with good reputation. More people in group will bring more money for investing, profit will be shared and person that trade will get some reward. In the same time this will be huge help for many people here.
   What do you think about this idea?

here are the problems with your idea which was suggested many times before by the way:
1. you can never trust a third party or worse a group of people you meet on the internet no matter how much trust they have built up. you can not even trust your friend with your money let alone unknown, anonymous people on the internet.

2. the person you are looking for to give money to and he trades and shares profit with you, such person is already making enough profit and has enough capital that won't need other people's money to invest more. there is actually a limit on how much you can earn from trading it is not like if you have 1000BTC , then 10 more matters at all.

3. you will always have trouble with the return you are getting. there are losses too so in case that person who is trading for you loses money you can never tell if he cheated you or it was an honest loss. besides he will take some percentage for himself leaving you with much less profit.

As scammers are proliferating everywhere it is really hard to give trust to anyone to handle your money and it's more harder here to create a group like that but I think there are legit hedge fund companies online but I don't think they offer bitcoin deposits because of anonymity.

you have to learn how to work with your money yourself instead of trusting others for it. an trading bitcoin is not that hard to learn either.

but if you can find a friend, or someone that you know in real life like a family member that you fully trust (which never happens) and that person is trading then you have better chance asking him to accept your investment than looking for someone here.

It can, but seems just see from the positive display of your thoughts. But I don't want for involving the other people if the thing has got invested by yourself turn into a scam(I don't know the kind of your preferring place for invest). Except, if they had made an agreement about it.
But it seems like that was being so risky at this time.

As ive read on the opinions of most members here they are saying the same thing on which its not really possible to make or implement this suggestions because of Trust issues. We all know that people do really easily fall to tempt especially when we are talking about money and also you cant trust anyone to online world since you dont know him personally and making groups on an investments is just useless.

I don't like to knock ideas, but this is a shit idea for very obvious reasons. Why not learn to trade and trade yourself and build your own investing bankroll?

Idea is so good but i don't think we can trust anonymoud people to do crowdfundings since anything can be done wrong if some certain scenario will occur or if money will grow for more larger, remember mate money is hot while it is on hand and anybody can run our money here since we are untraceable, and for my experience its really hard to earn passively on tradings since losses are on their even you are experience one who trades frequently, and im pretty sure that many people would get annoyed for this post.

if you want your investment to be in trading then start learning it yourself and try to make profit on your own.

but if you don't want to learn trading or not capable of doing that and want to just give your money to someone else and make profit then i think the better option is finding some others who you trust and start a business an invest your money in that (become partners) and make profit that way not from trading.

and remember whenever you are partnering up with others there will be lots of issues specially when money is involved.

This idea isn't simple it will be more complicated when you will have more members and more investment with more greed being developed in that trusted trader.

Also i have seen several social media traders group where they just collect money from different members, show them fake video or they just edit the videos by some successful traders, keep paying certain % in the name of trading profit for few week and when they have enough to run away, they will just close the group page and run away.

i think its a good idea to do but its depend on who is the trader that we should choose because one mistake can make all of the member will get broke. beside that, if this is happen, then we talk about huge money that we can invest to that traders and i think the investor don't want to get loss with this.

but for me, better i do with my own way, because if something bad happen, then i am not blame any one. if i do my own trading, then at least i have experience that i've got from trading but if i make an invest to the traders, i don't know anything about trading and its not good for me.

Good Idea but it might not work. The following reasons are what I think will affect the idea: 1. Trust, because there are several scammers online the People in is investment will only try to scam one another.2. Who control the fund; there is going to be issue of who control the fund and that will affect the traders3. Experience; experience has show that most of this kind of investment end up as ponzi.

The real problem with this idea is that it's pretty difficult to find someone who you could trust.
There are already a lot of HYIP's here that supposedly do this already, but they are pretty much all Ponzi schemes.

I'd suggest to invest into more long term projects and do your own research about them, there's no real skill involved in that, just luck and knowledge.

Investment group is a better way to make trading in a smooth manner. But here too problem arises to the worse, such as when the sharing of profit differs depending upon the investment and effort made for further growth.

Nice idea but could it realy work in reality? It could be realy hard to find trusted people who you could rely on in such business. Probably every member of this group could have their own idea how and where to invest. Then there is spliting the profit or taking responsibilities for losses, this things are always the problem.

It is a good idea but the problem trust is needed many people online are risky to trust someone because we are not all the same places.. we are in far places so for me it is risky.. And i think there is already a group in trading which is we can call are whales.. i search it before in google they have their own forum.. and planning to increase the price of the one altcoin to attract other investors to invest until more people will invest and be viral after that those whales will sell their coins to make a good profit that can affect the value of altcoin..

 
   Trust is always a problem, there is many other sites where people try to invest without knowing anything about owners, technical things, at least this will be someone from this forum. For me that is nice advantage if I need to choose between some reputable member from here or some site.
   Number two is again about number one, trust. I think there is honest people in this world that wish to do something good for community, think globally act locally. This is where we are why not to help each other.
   Less profit is still a profit for me, I don`t expect miracles from this to be clear about it. I believe we can make everything to be transparent and everyone to see what is happening with invested money.
   


   This is my question, can this really work? How many honest people visit this bitcointalk.org forum? Can we trust each other here?
   Idea is every member to invest and group can decide who will trade and be responsible for money, like I said some experienced trader with solid reputation.

   

I think is always better to learn how to make money on you own and invest on you own education before sending you money to someone else to manage it for you. Your idea is good only if you can trust the people in the investment club in the first place.

It's risky and you will be responsible for other people's money too,since this is your own concept,if you trust one trader then corroborate but  do not invite others to do the same,trading is not a sure profit,if the guy you trust lose what would you say to your invite.Better learn trading on your own for profit .

in online is very dificult if nothing trusted in create investment group and collect money
altcoin dev need escrow to collect money
i think you without trusted and very dificult you collect money

and who is can trading , can guaranted profit, can guaranted money not run, can guaranted money not lost

You can but can't applied if you will do that here in the community.

You have close friends involved in trading activity? Then invite them instead since you know them personally. Making that kind of group as a group only created here will just result for a fraud activity since you don't know each other. Even creating a group in facebook or social media won't help if ever the members that will participate isn't you know very well. Remember that big money can blind someone even a reputable one so better do it only at your own risk or much better in your circle of friends that have a knowledge about trading.

if you can find some others like yourself who are willing to learn and "share ideas" with each other is much better than what you are suggesting. this can be with a friend and about trading, i am already doing this with a close friend and we watch the market and analyze and share speculation with each other and then we invest individually.

you have to know that person and get the same amount that you give and know he is as willing as you.

perfect advice to op, if you can find  some people that you know very well and are ready to share ideal with each other and you can start with donations not investment because immediately you said investment people will demand interest before even you start.

But I too believe trading in group will open more options than what we are already doing individually. Usually a trader will not get time to share his ideas about trading calls and market movements, still if we have some group at least in online chats, I believe it will help in great levels to crack some profits from trading so easily.

The idea is good and can actually benefit those who will join but your main problem here is how can people trust you?

We all know that even if the user has a high reputation it doesn't guarantee that its safe,  When the person rans with the money you can't do anything.
If you can find a way on how people can trust you then it'll be fine.  For example when people get a loan they must have a collateral.

And problem number 2, What if the trusted trader fails and doesn't give any profits?

There are already plenty of groups like that.
But anyway if you are going to set up one of this on bitcointalk.org you should get a trusted escrow to hold the money and make the movements for the whole group as people are not going to trust you with their money if you are not a well known user in forum.

I don't want to trust my money to another person. Especially that Bitcoins and any other currency can easily be stolen. Addresses cannot also be traced to anyone else if they are careful. So if someone takes the money, then we can't determine who took it.

This is a very hard and complicated idea. It may be possible but will be hard to implement.

I do not think so. Because some Forex trading platforms are already having this kind of implementation like we could follow some professional traders and we can have options to copy their trades by having auto-trade options enabled. This is not directly forming a group, but virtually we are trading along with another person.

   I see this topic attractes some attention, I already answered on some comments, trust is a big problem, arranging everything is not so easy.


   I don't ask someone too trust me, this is investment, like any other if there is no profit everyone lose a bit of their money, that is how investments work, I can't promise anyone 100% profit.


   This is a constructive comment, there is something similar already. I don't have frienda involved in bitcoins, but I like to make new friends. There is sites that offer this kind of investments but here everything will be transparent and just community members.

I wonder can someone suggest good and trusted trader from this forum. Or maybe some trader is willing to help us and this is nice opportunity for him to present his work to us who are ready to listen.

In forex trade, PAMM would so easily taken care of that, as that is one of the major reasons it was developed, but I strongly doubt if any cryptocurrency brokers is incorporating such features in their platform. Outside of that, I see confusion, lies, envy and jealousy,which eventually would take the wind out of the sail of this ship.

There are altcoin pump and dump groups. You pretty much just follow the masses of what the coin holders are doing, pump or dump, for that specific coin. Those groups still need to be vetted before investing, but you may be able to find some reputable ones in the Trading Discussion section.

Many people are fed up with those ideas because many people have lost their money by doing this before. Better try to learn trading many people out there who can help you to learn trading starting form basics.

There are many post out there regarding trading may be it is really going to helpful for a beginner as i also have learnt from here itself. Better don't do such things because you will loose your reputation in this forum.

   Bottom line is that people here work individually. One of the biggest problem is lack of trust between members.
   I will lock this thread to not create more spam. I hope there will be more discussions about creating investment group here with a bit more constructive plan.
   Thank you all for your comments and ideas. Now I understand better situation on this forum.