How feasible would it be to start an unregulated crypto investment

>>2739838

I have genuinely considered doing this.

I work in legal for an investment fund. maybe we should work together

>>2739849

Sure, but I doubt we live in the same country.

What would be a fair return to promise people? And how much should I charge? I was thinking of charging a flat sum upon entering the fund, then the 5% commission when they cash out. Or is that too Jewish?

>>2739838
>>2739849
This sounds pretty interesting. I am in.

>>2739838
We talking annually yes 20/30%? When would they be able to cash out?

>>2739891
They should be able to cash out only after 6 months. Else just like any banking system, would have pay some fees to withdraw it before that.

>>2739838
iconomi does that

I can do it It should be a piece of cake, which country ?
also
[email protected]

>>2739891
>We talking annually yes 20/30%?

I would promise them 20-30% minimum annually, yes. But I'd also imply that returns may be higher.

>When would they be able to cash out?

I was thinking of 6 months to start with.

>>2739898

I'm targeting my services towards normies who don't know what cryptos are and don't want to know, but would be interested in guaranteed safe 20-30% returns. I could be investing in soybean futures for all they care.

But yes, I'd essentially be a middle man.

>>2739909
And if they want to withdraw before 6 months, there would be fee associated to it.

>>2739906
>I can do it It should be a piece of cake, which country ?

Philippines. You?

>>2739918

Yeah, definitely. Should it be a flat fee or a percentage?

>>2739909
Sounds interesting. Where are you based? India? It is something that I have been thinking of doing, but I'm from Australia - and they are fucking tight as fuck with this - would need a traders license and all the bullshit that goes with it.

>>2739838
>All I'll do is promise normies guaranteed 20-30% ROI (easily achievable with cryptos)
>easily achievable with cryptos
>easily achievable
>with cryptos
I bet you would just easily lose all of the money

>>2739943
>I bet you would just easily lose all of the money

That's certainly possible, although I have enough savings and returns from my own crypto investments to cover the clients' funds. So at least I won't be getting my spine broken by their debt collectors.

>>2739953
Well go something lower? 10%-15% and don't charge a commission. and you take the 10-15% on top. Alleviates you if you don't hit those 20+marks.

Most hedgefunds will get you 5-10%max!

>>2739953
Do you have better idea? Or you just here to discourage others?

I've got money on OP

>>2739943
Do you have better idea? Or you just here to discourage others?

I've got money on OP

>>2739961
>Well go something lower? 10%-15% and don't charge a commission. and you take the 10-15% on top. Alleviates you if you don't hit those 20+marks.

That might be a better plan, yes. I'll have to take a look at what ROI people are looking for, given that they'll be putting their money into an unregulated and unregistered investment fund. I plan to gain some credibility by at least talking to investors in person though, so they won't think I'm some crook.

>>2739962

Thanks breh. We're all gonna make it.

>>2739982
Obviously it won't happen over night. It will take a lot of trust for someone to fork over money to you.
Just keep everything see-through and show payouts etc for new investors.

Do you have a trading background? anything that can actually talk you up as a reputable trader?

>>2740004
>Obviously it won't happen over night. It will take a lot of trust for someone to fork over money to you.
>Just keep everything see-through and show payouts etc for new investors.

Absolutely. I do plan on being as transparent as possible. I'm not into this just for making money for myself; I want to help people make smart investments (inb4 >implying cryptos are smart investments). Too many people in my country are taken in by bullshit get-rich-quick schemes like multi-level marketing or outright pyramid schemes.

>Do you have a trading background? anything that can actually talk you up as a reputable trader?

Sadly, no. I do have connections in the business world, and I'm a graduate of my country's top university. So at the very least, people won't immediately think that I'm a criminal or a fraud.

>>2740023
>>2740004

Seems like this anon >>2739898 pointed out iconomi does that. Why not do some research on how they do it and take it from there?

>>2740023
>I want to help people make smart investments (inb4 >implying cryptos are smart investments)
OP where do you get info about smart investments? (inb4 > internet).

ITT: Pajeet scams

I considered this as well, but you can and will get caught.

Just charge the same as hedge funds (2/20)

>>2740098
>OP where do you get info about smart investments? (inb4 > internet).

I only get cryptocurrency info from the internet. For all my other investments (have money in domestic stocks and bonds, as well as some business ventures), I rely on local news and whatever I hear from the circle of investors and entrepreneurs I hang out with.

>>2740108
>I considered this as well, but you can and will get caught.

Yeah, I think I might just bite the bullet and register with the Philippine SEC. It'll be a pain the ass, though.

>>2740023

What makes you so confident you could gain 20-30%?

Also, I'd like to be a middleman to your middle man service. I know people with money who I have discussed cryptocurrencies with before but who don't know or trust them. If I could promise them a healthy return they'd probably be interested and take the leap.

>>2740128
Good luck OP. let me know if you make it out
there. Lend a brother a helping hand.