How can you build trust when promoting crypto currencies?

[TashaJ]

I've built a few crypto projects in the past, each time I start another I does slightly better than the past.
But I still have the big issue of convincing investors, initially at the start that its a safe investment, i.e, I'm not going to just run away with their money.
I'm not just talking about randomers online, even people I have met at events, sometimes colleagues. Maybe I just look untrustworthy.

I even went as far as saying last time that I would sign a contract with some of the investors. This wasn't even helpful.

So when investing in a crypto currency for the first time what checks do you perform?
And how can I show trust to initial investors?

Thanks

 

[Leader777]

Do you think people that invest in crypto they are looking for who's the one who created it? ( minority, maybe they do). These people just want to get in the pump and dump. It is what is but for them to trust u , you have fake it a bit. It is what it is..

 

[TashaJ]

Do you think people that invest in crypto they are looking for who's the one who created it? ( minority, maybe they do). These people just want to get in the pump and dump. It is what is but for them to trust u , you have fake it a bit. It is what it is..

So you think trust isn't a big issue?

 

[Leader777]

So you think trust isn't a big issue?

Most people don't give a flying fuck who's behind a coin. What everybody doing right now, creating a coin and a telegram then maybe adding this phrase" invite people and get xyz amount of our coins" , a telegram , a social media guy to also fake those posts on reddit by pumping the fuck out of them. That's all you need, you don't have to even sit and talk to those ugly , fake ass people.

 

[jerennar]

You need endorsement from bigger accounts (paid promotion), a nice looking website/roadmap and to offer an actual solution/improvement for the ecosystem, at least theoretically. Strong twitter accounts from the founder team/engagement with the community also help.

 

[achiever2011]

If the project has real user case, it will be popular among people. Also, have good budget for marketing.

 

[TashaJ]

If the project has real user case, it will be popular among people. Also, have good budget for marketing.

Hey thanks for replying.
What sort of marketing works? I have tried social media, display ads, and paid a few influences. Even did a give away.

 

[SocialManager]

How have you built a few crypto projects? If you aren't rich and successful after 2 projects, you should never seek to launch more crypto projects. Clearly you are not good at it and you are just wasting people's money. Are you asking us how to scam people? Will you tell us your name and the names of the projects you launched?

 

[TashaJ]

How have you built a few crypto projects? If you aren't rich and successful after 2 projects, you should never seek to launch more crypto projects. Clearly you are not good at it and you are just wasting people's money. Are you asking us how to scam people? Will you tell us your name and the names of the projects you launched?

You expect me to create a token and get a some people I know to put a few thousand in and be able to retire.
Maybe Im not rich because I haven't scammed people.
I know its clear I am not good at it which is why I am asking for advice.
If you're asking if I will link to my coin token here then no because im not allowed to promote crypto. But I have no problem linking my website to my linkedin etc or revealing myself to my investors.

 

[JavascriptPufferfish]

I've built a few crypto projects in the past, each time I start another I does slightly better than the past.
But I still have the big issue of convincing investors, initially at the start that its a safe investment, i.e, I'm not going to just run away with their money.
I'm not just talking about randomers online, even people I have met at events, sometimes colleagues. Maybe I just look untrustworthy.

I even went as far as saying last time that I would sign a contract with some of the investors. This wasn't even helpful.

So when investing in a crypto currency for the first time what checks do you perform?
And how can I show trust to initial investors?

Thanks

Maybe trust isn't the main issue. Maybe they don't think you will rugpull, but they think the project won't go up enough to make up for the risk. Many good opportunities right now (both coins and other stuff) so locking money on a random project is big cost opportunity. Maybe you should put emphasis on whatever you are doing to make sure the market cap goes up. On how they are super early and the marketing campaign is just around the corner

 

[Gbiggerx]

In my area few people believe or willing to invest in this but I could get some investors online, through normal pasuad.

 

[SocialManager]

You expect me to create a token and get a some people I know to put a few thousand in and be able to retire.
Maybe Im not rich because I haven't scammed people.
I know its clear I am not good at it which is why I am asking for advice.
If you're asking if I will link to my coin token here then no because im not allowed to promote crypto. But I have no problem linking my website to my linkedin etc or revealing myself to my investors.

I don't understand. Creating a successful project is completely separate from convincing people to give you money. Why should people give you money? You don't seem confident in your skills at all. It seems like people would be setting fire to any money they gave you. You are asking for advice on convincing people to give you money, but you don't see good at managing their money. Why aren't you still working on the original projects people have already given you money for? Do you have any success you have outlined for people? You are quick to outline how you are not very good at your job, but you haven't outlined what you do well.

The crypto space has a ton of people who are bad at their jobs who will happily take money from people, and that's not ok.

 

[TheGreyMatter]

Add real-life user scenarios and some USP that makes it stand out. Get the users first!

And the investors will follow.

 

[TashaJ]

I don't understand. Creating a successful project is completely separate from convincing people to give you money. Why should people give you money? You don't seem confident in your skills at all. It seems like people would be setting fire to any money they gave you. You are asking for advice on convincing people to give you money, but you don't see good at managing their money. Why aren't you still working on the original projects people have already given you money for? Do you have any success you have outlined for people? You are quick to outline how you are not very good at your job, but you haven't outlined what you do well.

The crypto space has a ton of people who are bad at their jobs who will happily take money from people, and that's not ok.

Theres more than 1 aspect that goes in to a project. I'm a good developer and an OK marketer, but hardly ever done sales.
I've been a software and web developer for 10 years or more and smart contract dev for 2-3 years.
I built some small tokens on Geth 2 years ago when I was just getting started, which didn't really get anywhere, was more of me experimenting.
Then have worked on a few group projects since. Nothing that serious, just helping other people. One was ok for a very small team, but team was very slow so I moved on. Then recently I joined another project which started well but I didn't get on with some of the members so left.

I can develop the platform, (AMM, NFT marketplace, Crypto game, whatever, etc), and want to try on my own properly this time. Or start it on my own and hire which ever people I need. But have no idea how I would get investors. By investors, I mean people who would buy my token. And feel like I would waste time developing and if I hired anybody to do marketing/sales would just waste money on them.

 

[TashaJ]

In my area few people believe or willing to invest in this but I could get some investors online, through normal pasuad.

Do you mean you just persuade people online to buy crypto and they do?
Like random people?

 

[forethan]

Show examples of authority people/government/stars who promote crypto.
Example : the salvador invests xxx in btc.

Say this phrase : don't put your eggs in the same basket

 

[Gbiggerx]

Do you mean you just persuade people online to buy crypto and they do?
Like random people?

Yes with enough ads and giveaway,it's all with procedure and being legit

 

[WhiteHatCoder]

This is all about pump and dump.

For me (in my personal opinion this is all a very big risk).

Not just crypto, forex, trading, and other similar things.

Yep, you can get a big buck $$$ in no time.

Not that hard to learn some rules about stats, curves, etc...

But you can earn a lot with for example progressive betting,

with different sites and 100% staying on a defined path.

But again this is a big risk, you can easily due to previous experience
get into hesitation to invest all your money and if you are unlucky
you can lose all.

The basic rule of the economy is that monetary value must be built.

So in order for someone to gain profit, on the other side a lot of
people need to lose money.

So this doesn't look like a long-term stable income.

My recommendations:

#1 Affiliate
#2 Building your own B2B, B2C, or similar tool and
sell it on a monthly recurring model
#3 Make and sell Courses [ disclaimer: Real one's no Fake Guru Courses,
if you have knowledge in some area, and there is a market for it.]