Quote from: MarjorieZimmermanGinger on Today at 06:33:14 AM

Quote from: Cryptomultiplier on June 02, 2024, 09:09:18 PM

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.