Maretus
@maretus
Gonna spitball with some of yall about an idea I’ve been rolling around. Does anyone think it would be a good idea to start a crypto investment/advisory business to serve old technologically inept boomers? I live in the retirement capital of the world. There is no shortage of old people with money looking to invest. I feel like this could be a good idea for a local business - especially with the moves we’re seeing from Robinhood and others. Crypto is going mainstream and I think I could sell this as a service. Charge a flat fee for advice or a percentage of profits for investments? Has anyone ever tried anything like this? I have been advising my boss about crypto trades for awhile now and he’s doing pretty well based on that advice. I know it’s really easy during a bull and damn near impossible during a bear, but what if supercycle? 😂
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Booth Templeton
@boothtempleton.eth
I agree, it would be an awesome idea. Would love to be a part of something like this. The only thing is a lot of tradfi type investment managers are already calling for their customers to put a % into crypto. So the whole grass roots type thing is going away. I think it might be more valuable to assist people with being "onchain" since one can buy BTC or ETH pretty much anywhere now.
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GoingPlaces
@goingplaces
Was going to suggest this too. I've met a few people over the years charging pretty steep rates to help people setup self custody, explain how everything works, etc. If I recall, a guy in Bali was charging 5k for an afternoon of setup and a few hours of further consulting during the 2021 run. Of course, this was before ETF's etc. but I'm sure there's still a market. I've helped many people for free but its usually turns into a pain in the ass. Best to get paid for your time.
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