Would people invest in a crypto brokerage?
A startup where people would invest money in traders (or even a software that automatically trades) and received profit from it?
Is this a feasible startup?
>>1492564
Yes.
People are stupid, or rather we have enough idiots for you to have a good costumer base.
>>1492564
I'd probably be the worst trader to invest in. I haven't made any real gains in 40 days. I'm still stuck where I started from.
Idk about others and I'm sure it would draw in some idiots eventually, but the big draw to trading crypto for me is the complete unnecessity of a brokerage.
Being able to buy and sell for mega-low fees with complete control over your money and access to far more information on the market than free stock charts will ever give you (market depth charts, volume, buy/sell orders) is what makes it great for anyone to start trading without the need for a broker.
Starting a crypto hedge fund would be a different story, but you have to be able to prove your gains are good on a consistent basis.
>>1492808
im looking to setup literally exactly this website but with all cryptos not just eth
>>1492972
>this site exactly
I hope not. Ethtrade is a ponzi scheme. That link, btw, has an embedded referral code, for those that didn't notice. Literally everyone that says that they've made money with them uses the exact same broken English and posts from new accounts with no rep on reddit (Yeah, yeah, fuck you too. Reddit post tracking helped in this case).
If you want to build a real crypto brokerage firm, and you or your team already makes money doing this, I'd be down. Maybe as an investor, maybe as a trader, but I don't have enough money of my own in there to make 0.5% daily profits worth spending all day in front of the computer, so I've been looking to change something there.
>>1493236
donĀ“t listen to this nigger he has absolutely no clue what he is talking about.
ethtrade is not a ponzi
https://ethtrade.org/financial_report_08.15-08.16.pdf
literally want to create ethtrade but for all cryptos
and not a fucking scam, looking to turn this into a legitimate corporation