Is it possible to pitch a Bitcoin investment idea and gain backings?

[Maslate]

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.

[Spaceman1000$]

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";

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.

[mirakal]

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.

[kentrolla]

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.

[Helena Yu]

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.

[shinratensei_]

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.

[yhiaali3]

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.

[kryptqnick]

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.

[naira]

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.

[Webetcoins]

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.

[blckhawk]

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.

[Iranus]

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?

[God bless u]

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";

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.

[bluebit25]

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.

[Bananington]

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";

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.

[oktana]

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.

[jrrsparkles]

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.

[Lantind]

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.

[sekalitas]

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 .

[Coin_trader]

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.