<div class="bbWrapper"><blockquote data-attributes="member: 37750" data-quote="ZeroTo100" data-source="post: 627489"
class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch">
<div class="bbCodeBlock-title">
<a href="/community/goto/post?id=627489"
class="bbCodeBlock-sourceJump"
rel="nofollow"
data-xf-click="attribution"
data-content-selector="#post-627489">ZeroTo100 said:</a>
</div>
<div class="bbCodeBlock-content">
<div class="bbCodeBlock-expandContent js-expandContent ">
So...I know this thread had been focused on investing in ETH, but what entrepreneurs should really be focusing on is how we can serve the the crypto market?
</div>
<div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div>
</div>
</blockquote><br />
It hasn't really been <i>focused</i> on investing in it, lots of people have mentioned blockchain technology and creating DAPPS.<br />
<br />
<blockquote data-attributes="" data-quote="" data-source=""
class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch">
<div class="bbCodeBlock-content">
<div class="bbCodeBlock-expandContent js-expandContent ">
What makes it a decent market? It's new and a lot of people don't know much about it - check! It also has its problems - check! There's a possibility that the future of this market could be HUGE - check!<br />
<br />
Now, where does the real opportunity exist. I can tell you that for guys like me that take educated risk, it's probably isn't in trading the stuff. No doubt, there are some people getting wealthy (oh weeeee) but it's more likely that people are getting burned big time trading it.
</div>
<div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div>
</div>
</blockquote><br />
Great points.<br />
<br />
<blockquote data-attributes="" data-quote="" data-source=""
class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch">
<div class="bbCodeBlock-content">
<div class="bbCodeBlock-expandContent js-expandContent ">
What I find fascinating about cryptos is, aside from the ups and downs of the market and even if you were comfortable with making an investment, you still have to be comfortable with knowing how to actually execute that investment. Like, you can't just go to fidelity and put a purchase order in. You have to know how to use wallets safely or trust that exchanges like kraken are in your best interest (which I don't).<br />
<br />
Opportunity 1. Teach people how to do this stuff. Guides, Courses, Ebooks, Groups.
</div>
<div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div>
</div>
</blockquote><br />
You can buy Bitcoin, Ethereum, and Litecoin as easy as you can buy a book from Amazon. Keeping it on the places where you can buy it that easily isn't very safe though.<br />
<br />
Guides, Courses, Ebook, Groups, yes they're out there all already, mostly free too. Add forums, reddit subs, discord channels, telegram groups etc. etc. etc. and guides, courses etc are very well covered.<br />
<br />
The biggest opportunity in that area is selling a trade recommendation based newsletter. I know of 3 that must be making decent returns.<br />
<br />
Prices: $39 per month, $69 per year, and $99 for a report. But if you don't trade? Good luck making a product in that area.<br />
<br />
<blockquote data-attributes="" data-quote="" data-source=""
class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch">
<div class="bbCodeBlock-content">
<div class="bbCodeBlock-expandContent js-expandContent ">
There's also got to be thousands of people out there that probably want to make an investment but want to spread there investment out. Or, maybe they're concerned with using exchanges to execute their orders. I expect to see a lot of holding companies forming with multiple coins/currencies reducing the risk of executing an odder and spreading out the risk for the investor similar to the way mutual funds work.<br />
<br />
Opportunity 2. If you're already successful trading this stuff, a holding company might be a good idea.
</div>
<div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div>
</div>
</blockquote><br />
ETFs and Mutual Funds are coming, some may already exist as far as I know. I'll have to look that up. (Lots of Scam and MLMs to be careful of too).<br />
<br />
<blockquote data-attributes="" data-quote="" data-source=""
class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch">
<div class="bbCodeBlock-content">
<div class="bbCodeBlock-expandContent js-expandContent ">
I also think there is going to be a opportunity for cyber security here - there already is. It's funny, cryptos are supposed to be super secure but yet all you hear about is hacking and money lost.<br />
<br />
Opportunity 3. Crypto security firms
</div>
<div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div>
</div>
</blockquote><br />
"Cryptos are supposed to be secure" this again? Try and hack a hardware wallet. Or steal the tokens from a paper wallet.<br />
<br />
The problem isn't that crypto isn't secure, it's that centralised places that store crypto are prone to attack.<br />
<br />
If everyone using it stored it correctly you would hardly ever hear of a single hack taking places.<br />
<br />
Cyber security is a great business area to focus on no doubt, but the problem area is generally the web based side of things and not the blockchain side of things.<br />
<br />
<blockquote data-attributes="" data-quote="" data-source=""
class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch">
<div class="bbCodeBlock-content">
<div class="bbCodeBlock-expandContent js-expandContent ">
Look at the startup world. ICO's are happening. Again, I'm not talking about trading this stuff but if that's you fine. I'm talking about helping startups, businesses raise money with their ICO's.<br />
<br />
Opportunity 4. Helping companies market their ICO's, create their own coins, etc.
</div>
<div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div>
</div>
</blockquote><br />
This could be a great area to focus on, but remember that a lot of ICOs have built in referral systems and the buzz they generate is typically huge.<br />
<br />
Creating tokens is pretty easy from what I can tell, but I haven't looked into this much yet. <br />
<br />
I know you can create your own tokens for whatever purpose on certain platforms that allow you to.<br />
<br />
<blockquote data-attributes="" data-quote="" data-source=""
class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch">
<div class="bbCodeBlock-content">
<div class="bbCodeBlock-expandContent js-expandContent ">
Just trying to spur some creative thinking outside the realm of trading this stuff and where the real opportunities are. <br />
<br />
I hold zero investments in crypto currency.
</div>
<div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div>
</div>
</blockquote><br />
All good ideas, but the market is already past a lot of these points, or moving towards them rapidly. Sure you can do something within these realms, but developing a blockchain solution to a problem, or creating a DAPP is probably where the real opportunity lies.</div>