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

[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.

[God bless u]

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.

I think the best way to convince them is by showing them some live trades. A trade where you will earn some profits by applying your knowledge and skills. When they'll get to know your talent and skills then the urge to get that profit too will make them to invest with you..

Otherwise it's very difficult in this era of inflation to convince people to Invest with you they're already suffering alot due to high cost of living.

[boyptc]

I wont do this.

I have got a bad experience when I were consulted and just said that they should invest to Bitcoin.

It was a wrong timing for them but perfect entry for someone who wants to enter the market because it happened on the bear market.

Whether it is direct bitcoin investment or an idea about it, not everyone can take its volatility.

[moneystery]

you can't convince someone when you don't have the skills and money to back up what you say because what potential investors need to entrust their funds to you is how skilled you are at managing your investment portfolio and how high the returns you get.  if you don't have this then you can't convince potential investors to entrust their money to you because these potential investors are not stupid people who want to believe empty talk without evidence.

[davis196]

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";

What exactly do you mean by "Bitcoin investment idea"? Is there something revolutionary and ground breaking about your "investment idea"?
All your friends and family could simply install Electrum wallet and buy a decent amount of BTC by themselves. Why do you have to pitch them a "Bitcoin investment"? Do you want to tell your friends and family "Just give me your money. I will invest in Bitcoin and give you 198583% profit in return! A can guarantee that this is going to work."? This smells like a scam to me.
Making business with friends and family, asking friends and family for money and promising them big returns seems like a recipe for disaster.
You don't want to ruin your relations with your friends and family, don't you?

[uswa56]

you can't convince someone when you don't have the skills and money to back up what you say because what potential investors need to entrust their funds to you is how skilled you are at managing your investment portfolio and how high the returns you get.  if you don't have this then you can't convince potential investors to entrust their money to you because these potential investors are not stupid people who want to believe empty talk without evidence.

When you don't have the skills, it is very unlikely that people will entrust the funds they have to invest or trade, because as an investor they will of course look at the investment history you have made and they will decide whether it is appropriate to entrust the funds they have to invest in you or not. and if they are really interested in you and it is appropriate for them to give the funds they have, of course they will be very confident that they can get a profit from what they have invested in you.

[johnsaributua]

Bitcoin today has become a necessity of life, meaning that wherever you are as long as you carry the phrase / private key you can send it and make money. the ideas that are createdq on a project can certainly be filtered and will be very useful for a group of people who are peddling their services, there are times when people hold funds but run out of ideas so vice versa, be it technical trading ideas, new company marketing or social media survival strategies and more. Bitcoin is recognised in various companies including physical office owners and even the state sector, if that's the case I think it's a good idea to affiliate and provide useful ideas, the blessing of bitcoin even with free / compiling ideas can get royalties and that's reasonable cooperation.

[MarjorieZimmermanGinger]

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";

Maybe it can be done, but what is your ability to convince friends, family or the company. But in my opinion, the most likely thing is family because these are the closest people who understand our journey so by offering good ideas they will be more likely to believe. If we talk about the company it will be much more difficult because how can they possibly listen to us when the concept of the company doesn't know Bitcoin at all.

Actually, you can do it a much easier way by investing an amount of money that you can afford. Investments in Bitcoin can be made in any amount so using your own money is much safer and can give you confidence. Although sometimes speculative can give a little worry if one does not really understand the journey of bitcoin.

[Promocodeudo]

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.

I think for me, is you want lure investors to Bitcoin, don't ever hide anything, make sure you open up the do and don'ts them, don't hype Bitcoin but say things as it is, you have mentioned many things here, i somuch commend you for that, bitcoin is that kind of investment that one should be careful with, many Bitcoin gurus are not ready to convince anyone because the believe this investment is a personal thing, and even though they do, the will tell such investors everything they know about Bitcoin both the merits and demerits,
Selling this kind of idea knowing too well how Bitcoin market is, wouldn't be an option for me, Bitcoin fluctuations is not something we should jike with it but if they investors agree on the terms you tell them fine but as for me i wont go for this knid of thing.

[fuguebtc]

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";

Maybe it can be done, but what is your ability to convince friends, family or the company. But in my opinion, the most likely thing is family because these are the closest people who understand our journey so by offering good ideas they will be more likely to believe. If we talk about the company it will be much more difficult because how can they possibly listen to us when the concept of the company doesn't know Bitcoin at all.

Actually, you can do it a much easier way by investing an amount of money that you can afford. Investments in Bitcoin can be made in any amount so using your own money is much safer and can give you confidence. Although sometimes speculative can give a little worry if one does not really understand the journey of bitcoin.

In my opinion, if you don't have money and have never invested in bitcoin, you should not give bitcoin investment advice to anyone. If you have no reallife experience and what you know is only from other people or the internet , you are not qualified to give advice to anyone . What you are doing will only harm others and not help them as you think, you should only give advice unless you have experience with it . Experience you experience yourself versus the experience told by others, they have a huge gap and are very different , believe me .

In addition , you will have a lot of difficulty convincing or giving advice to people if everyone knows that you have never invested in it and there is no evidence to prove what you say is true . If you were a millionaire and invested millions of dollars in the market , would you take the time and be willing to listen to the advice of an investor with a capital of a few hundred or a few thousand dollars ? That's like a person being an employee but trying to teach his boss to get rich , this sounds very unreasonable and unconvincing.

[Cryptomultiplier]

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.

That's doable because I have seen many others who have their service specialty advertised in the service announcements section and get maybe no interests or criticism from others.
I also know that many of the ideas that are genuine and are advertised herein, can get copied by others with evil motives and well, this is online and I know offline centres can offer same value if the original idea is implemented in real life.
 

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.

What if I had to first get regulated or and get registered with proper documentation, before launching such an idea and it is in the hope that it would make my intended services get recognized and legit and also, I receive only payments in cryptocurrency with only Bitcoin or with any of the top five crypto currencies and top stable coins that are not really high risk and well recognized by the exchanges.

Won't that be a guarantee against my money being confiscated by the exchanges or have serious issues with regulatory bodies and also prevent my idea or intellectual property from being stolen even on this forum, thus giving me the privilege to advertise my services and ideas here?

[MarjorieZimmermanGinger]

In my opinion, if you don't have money and have never invested in bitcoin, you should not give bitcoin investment advice to anyone. If you have no reallife experience and what you know is only from other people or the internet , you are not qualified to give advice to anyone . What you are doing will only harm others and not help them as you think, you should only give advice unless you have experience with it . Experience you experience yourself versus the experience told by others, they have a huge gap and are very different , believe me .

In addition , you will have a lot of difficulty convincing or giving advice to people if everyone knows that you have never invested in it and there is no evidence to prove what you say is true . If you were a millionaire and invested millions of dollars in the market , would you take the time and be willing to listen to the advice of an investor with a capital of a few hundred or a few thousand dollars ? That's like a person being an employee but trying to teach his boss to get rich , this sounds very unreasonable and unconvincing.

There is no obligation to give investment advice to others and there is no need to do so if you don't want to get into trouble. But when it comes to finances, we need to prepare and maybe we should provide education to our children and closest family about investing. This aims to provide independence for them so that when they are ready to invest, they have the correct knowledge. Honestly, I have never given investment advice to anyone and I don't do that not because I don't have the knowledge but because I don't want to face problems when they experience losses due to mistakes they have made.

If we have never been involved in bitcoin investment, it is impossible for us to provide education to other people because we have no direct experience that we can provide. But make no mistake, sometimes listening to investment advice from other people is also useful as long as we can verify the truth. There are people who are good at giving advice but they don't carry it out and that is the function of verifying something before implementing it.

[fuguebtc]

There is no obligation to give investment advice to others and there is no need to do so if you don't want to get into trouble.

But what OP is talking about is should we give investment ideas to others when we don't have money to invest in bitcoin. And you have supported this idea but in my opinion it shouldn't be like that.

But when it comes to finances, we need to prepare and maybe we should provide education to our children and closest family about investing. This aims to provide independence for them so that when they are ready to invest, they have the correct knowledge. Honestly, I have never given investment advice to anyone and I don't do that not because I don't have the knowledge but because I don't want to face problems when they experience losses due to mistakes they have made.

Regarding financial education, if you want to educate your children or relatives about finances. That's an extremely good thing and I support it. But you cannot teach them knowledge that you have only learned online and have never experienced. If we want to teach someone about finances then we at least have some experience and success with it.
You have never given advice to anyone but why do you support OP giving investment ideas to others when he has never even invested in bitcoin?

If we have never been involved in bitcoin investment, it is impossible for us to provide education to other people because we have no direct experience that we can provide. But make no mistake, sometimes listening to investment advice from other people is also useful as long as we can verify the truth. There are people who are good at giving advice but they don't carry it out and that is the function of verifying something before implementing it.

That's what I'm trying to say, if we have never invested in bitcoin then giving ideas or giving advice to others is not right and a bad idea. Personally, I wouldn't listen to advice from people who have no experience and are only theoretical.

[el kaka22]

I mean "possible" is a bit of a questionable thing here, of course it is possible. Should the question change to "is it likely?" then I would say not really. I have always thought about it, like I know a lot of people who can put up 10k+ dollars into a business, I think I have about 6 people who can do that, which means that if I want to start a business today, and if I can convince all of them, I can do 6 or even 7 of these people and start at 60k-70k range as my capital.

However, I have never trusted myself, nor even my ideas, to go and take that risk. Bank loans are easier because banks have no emotions and if I fail then they take my stuff, but if I do it with friends and fail? Then I am losing a lot of people in my life and I can't afford to do that.

[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";

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 .

The most important point to ponder. The paper statement is very useful when it comes to the terms between the investors. I have faced this issue that I was doing the same thing with a relative and I didn't bothered to have the paper work done..

At last it costed me some of my relations and asset's also so for all those who are listening don't take the paper work litely. Do it on time.

[MarjorieZimmermanGinger]

But what OP is talking about is should we give investment ideas to others when we don't have money to invest in bitcoin. And you have supported this idea but in my opinion it shouldn't be like that.

I am not in a justifying capacity but rather trying to give an opinion regarding the investment he is trying to make and that is only limited to the family. If he doesn't have money then he can do something else because I don't think there's anything wrong with putting forward this idea as long as it's limited to family.

Regarding financial education, if you want to educate your children or relatives about finances. That's an extremely good thing and I support it. But you cannot teach them knowledge that you have only learned online and have never experienced. If we want to teach someone about finances then we at least have some experience and success with it.
You have never given advice to anyone but why do you support OP giving investment ideas to others when he has never even invested in bitcoin?

Of course we have good knowledge before teaching them and we are also directly involved in investing. You have to understand what I mean and that's not supporting it, but I'm trying to give a general view and I say that if he understands Bitcoin investment. I also speak more to families where children are the responsibility of each parent in teaching them about finances. If he doesn't know Bitcoin well and has never invested before, he should start for himself first.

[CryptopreneurBrainboss]

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?

Yes you can do that, People are after what will give them profits with no effort from their end. If you can guarantee them to make a profit without being responsible from their ends for losses then you can win their hearts and get the funding that you'll need from them to invest in Bitcoin but because you can do this shouldn't make you to do it as you don't know how the market will always turn out.

Bitcoin having a direction doesn't mean it can't go off script as some people might put it. Some unfortunate circumstances can happen like a war or economic recession that affects the market and Bitcoin doesn't do well in those times. Never borrow money to invest and don't take money from others to invest in the market. The market is no respecter of anybody and it can make a professional rethink his qualifications because of the results that he's realising. You don't put you hopes on the market going in accordance to your plans. Be prepared for anything because alot of disappointment are in investment and the crypto market has no exception

[CK485]

The most important point to ponder. The paper statement is very useful when it comes to the terms between the investors. I have faced this issue that I was doing the same thing with a relative and I didn't bothered to have the paper work done..

At last it costed me some of my relations and asset's also so for all those who are listening don't take the paper work litely. Do it on time.

This is a matter that needs to be reviewed carefully for your own good by determining that it is all for the good. Investing in Bitcoin is very speculative but it is certain that the potential and development has given rise to various innovations in the financial sector with the presence of cryptocurrencies or even with ideas for taking risks, in fact, not even a little
investors who dare to make the with invest they are making now.

[mirakal]

I wont do this.

I have got a bad experience when I were consulted and just said that they should invest to Bitcoin.

It was a wrong timing for them but perfect entry for someone who wants to enter the market because it happened on the bear market.

Whether it is direct bitcoin investment or an idea about it, not everyone can take its volatility.

Even in other types of investment, still I won't do that. All investments never guarantee profits, just like gambling, so convincing them to invest and ask for back up funds, is like letting myself held responsible if there are future losses that will occur, and I hate it that way. It's better to lose my own funds in an investment rather than losing other people's funds all because of my own idea.

[Rengga Jati]

I think for me, is you want lure investors to Bitcoin, don't ever hide anything, make sure you open up the do and don'ts them, don't hype Bitcoin but say things as it is, you have mentioned many things here, i somuch commend you for that, bitcoin is that kind of investment that one should be careful with, many Bitcoin gurus are not ready to convince anyone because the believe this investment is a personal thing, and even though they do, the will tell such investors everything they know about Bitcoin both the merits and demerits,

Yes, agree, luring someone to invest in Bitcin is not easy. It can be like a knife edge, which can actually be dangerous later if the situation does not match what they expected. That would actually ruin everything.


Give the positive and negative sides, possible benefits and risks. Also tell me to study it more deeply. In essence, we should not act like salespeople or project scammers who promise high level promises and then abandon them, never! Because this will actually influence people's views on Bitcoin.

Oh yes, make sure to also give them an understanding of several things about what can be done to manage the risk, because this is not something that cannot be avoided 100%, but this can be managed well to reduce the level of risk. So, they can also consider whether this will be successful for them or not.

So, if they already know the benefits and risks, they will be more aware first, whether it is appropriate or not to invest there for themselves.