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Author Topic: Is it possible to pitch a Bitcoin investment idea and gain backings?  (Read 664 times)
Cryptomultiplier (OP)
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June 02, 2024, 09:09:18 PM
 #1

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!

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June 03, 2024, 03:37:39 PM
 #2

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

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June 03, 2024, 06:25:41 PM
 #3

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.

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June 03, 2024, 09:06:41 PM
 #4

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.

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June 03, 2024, 09:17:51 PM
 #5

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?



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June 03, 2024, 09:34:34 PM
 #6


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.

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June 03, 2024, 10:09:04 PM
 #7

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.
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June 03, 2024, 10:40:59 PM
 #8

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.

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June 03, 2024, 11:21:43 PM
 #9

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.

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June 04, 2024, 01:53:01 AM
 #10

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.

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June 04, 2024, 02:12:37 AM
 #11

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.

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June 04, 2024, 11:44:10 AM
 #12

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?



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June 04, 2024, 12:03:30 PM
 #13

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.

R


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June 04, 2024, 12:04:08 PM
 #14

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.









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June 04, 2024, 12:33:59 PM
 #15

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.

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June 04, 2024, 01:28:08 PM
 #16

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.

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June 04, 2024, 02:00:12 PM
 #17

"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.

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June 04, 2024, 02:27:12 PM
 #18

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.
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June 04, 2024, 02:34:17 PM
 #19

"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.

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June 04, 2024, 02:41:01 PM
 #20

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.

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