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Author Topic: Is it wrong to monetize a bitcoin/cryptocurrency seminar/meeting?  (Read 552 times)
pixie85
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February 01, 2020, 08:07:50 PM
 #41

For me the answer would be easy. Time is money. Yopu gave your presentation for free even when you could have charged them then and there. Now they want some additional explanation so tell them that you're paid per hour of consulting like every other advisor.

Lawyers, architects, doctors, they are all paid per hour if you have some questions why shouldn't you?
Tell them they can buy a subscription and you'll be available for them for another 30 days Cheesy
sana54210
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February 03, 2020, 08:32:20 AM
 #42

You should never ever think about profits when monetizing he cryptocurrency seminars or meetings. People lack in knowledge and by god's grace you have acquired that knowledge which has high demand for the people who are yet unaware about few things. You should actively share the knowledge because the more knowledge you share, the more you gain so even if you do not get any profits by helping people, you get to revise a lot of your knowledge which might surely be a lot beneficial for you too.

Human brain stores a lot of knowledge inside but remembering each of that is nearly impossible if we do not revise actively. Sharing knowledge is most active reason behind revising our knowledge. I personally would never get tired of spreading knowledge to the maximum extend.

thesmallgod
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February 03, 2020, 09:07:53 AM
 #43

It depends on what you have packaged as part of the seminar. I have seen many corporate individuals offering seminars on the importance of crypto and how to make a profit by trading and starting local digital currencies exchange and they charge an exorbitant fee for giving these pieces of information. So it all depends. If you use facebook regularly, you must have come across individuals that organize seminars that are not free even on some platform-like edx, Coursera, udemy etc. people make videos inform of a seminar and sell it out for people who want to learn it.
FanatMonet
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February 03, 2020, 10:07:26 AM
 #44

You could hold such meetings for free, provided that you yourself do not spend money on renting premises and other expenses and do paid training if someone was interested in this.

Or, as an option, make some minimum entry fee to weed out extra people.

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gentlemand
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February 03, 2020, 11:56:22 AM
 #45

A relative of mine shares their knowledge to the public for free and charges for private consultation.

They probably wind up making more money and better use of their time.

The public free stuff acts as a shop window for the more detailed one on one things.

I've seen the odd 'crypto consultant' advertising but have no idea how well they do.
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February 03, 2020, 12:09:53 PM
 #46

"If you are good at something, never do it for free", that saying suddenly came into my mind after I read your post. How unfortunate you are to get such bad audience. You know what, we're almost the same (aside from the fact that you got more listeners). I once became active spreading about the wonderful technology of cryptocurrency. I always approach everyone I've known and encourage them to try it too but just like you I got nothing but criticisms and face of doubts. So I understand you if you will monetize the seminars you will conduct from now on so that you can really know on who is the real interested and not Smiley.
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February 03, 2020, 12:28:02 PM
 #47

There is nothing wrong with monetizing bitcoin. Nothing is free. If you are holding a seminar or something like that, you better prepare everything, not only giving knowledge by speaking but giving a book or something like that so they can learn it outside the seminar.

And the information you provide can better be put into practice directly by them. Like an exchange site that supports fiat, how to buy, sell, transfer to a bank. Maybe if the seminar is held every week, you can add material about how to trade.
coinfinger
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February 03, 2020, 04:53:36 PM
 #48

That your Meetup was free doesn’t mean that you will also be holding private meeting with people for free. You should let them know that only your pre-planned meetings or seminar will be free and when that day comes you can teach them a lot of things they would like to know for free, but apart from that date you shouldn’t be seeing anyone and answering questions for free.

Anyone that has a question to should pay before you meet them privately and answer questions. And of course some of them might stop calling you because they only prefer free things lol, only those that are serious enough to learn about Bitcoin will keep calling you.
South Park
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February 04, 2020, 06:04:45 PM
 #49

That your Meetup was free doesn’t mean that you will also be holding private meeting with people for free. You should let them know that only your pre-planned meetings or seminar will be free and when that day comes you can teach them a lot of things they would like to know for free, but apart from that date you shouldn’t be seeing anyone and answering questions for free.

Anyone that has a question to should pay before you meet them privately and answer questions. And of course some of them might stop calling you because they only prefer free things lol, only those that are serious enough to learn about Bitcoin will keep calling you.
This is definitely an option, and it is very common in many other industries and this could solve the problems of the OP, as soon as anyone wants to get a private consultation from him the first thing that should come out of his mouth is the price of the consultation and if the customer does not want to pay then kindly suggest them some free sources from which he can keep learning and then cut him off, this has many advantages, it will save time, you are still being helpful and it may bring a customer in the future and if done enough times it will bring you money.

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Kelvinid
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February 04, 2020, 07:47:18 PM
 #50

That was a thing you'll have to expect when you are running for a training/seminar. You'll be expecting also that many people will come to you for queries and lots of questions coz they never understand it clearly during that time. That is why training and seminars can't just be enough for a person to learn and that is why also they will keep asking because they want to be guided by what they are doing by now. And if you are bothered to handle this situation (answering questions, calls and etc...) better not to do it again unless that was your passion or you are also been compensated.

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P_Shep
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February 04, 2020, 08:18:48 PM
 #51

Also worth considering is that free things are ascribed less value; you give it away for free, people will think it worthless and not value it.
A small fee to cover at least admin costs should be no problem to anyone. And those which think it not worth it?... well those are probable the kinds of people you don't want anyway.
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February 04, 2020, 08:39:39 PM
 #52

You could hold such meetings for free, provided that you yourself do not spend money on renting premises and other expenses and do paid training if someone was interested in this.

Or, as an option, make some minimum entry fee to weed out extra people.
Promoting Bitcoin to an uncommon places and people to OP who's not yet very well-known to the other people while asking for a fee is not a good idea. And also, Bitcoin is not yet too common to the other people that's why there's no need to ask for any fees yet. Just ask fees only if the people is interested to know more in private as a compensation of OP's time.

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