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.