About Bloom1
Rank 28939
98 followers Joined November 2017
Hi. Happy to be here.

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asked in
Keyword, Niche and Market Research
Updated

Looking for guidance on cryptocurrencies. Want to make this my niche. Can anyone help. Thank you.

The one point I would make is that all research in this area must be recent since is a fast-paced, competitive, changing niche. Jay

Good but highly competitive niche.

Also, except for the major cryptos like Ether and Bitcoin, you might get disillusioned with hundreds to thousands of new cryptos popping up, and their promoters.

I used to be a strong promoter of cryptos in social media, been associated with company called USI Tech (I left a team there), until I got fed up with endless solicitations from friends and strangers to try invest in their newest cryptos.

I also find it hard to build a long lasting team in crypto MLM business, for the reason that those people I have recruited yesterday, will come to me by tomorrow.. inviting me to a new company they have transferred to.

How can you accumulate members in a business like that?

My advice for you is, if you ever want to push through with a website dealing with cryptocurrencies, be sure not to include your full name. Maybe, a screen name or a nickname will do.

The reason I said this is, if you do, you will be included in the prospect lists of some of the most persistent spammers online soliciting you to join their crypto investment opportunities. If the only way they'll know you is through your nickname, then how are they going to hunt you in social media? I hope this make sense with you.

Lastly, since most cryptocurrencies are volatile, anytime it can shoot up or crash down, invite only the most brightest of your friends to invest in. I mean, those with great minds that understand the risk of investing, and won't blame you if ever things come crashing down to the ground. You do not want to be blamed by your negative brother-in-law for a melted investment.

Thanks, what do you mean by crypto MLM though

The word "crypto" stands for "cryptocurrency". And the word "MLM", stands for "Multi Level Marketing", which is a very popular way of marketing cryptocurrencies on social media. Although some have been proven to be good, the vast majority of crypto MLMs are just plain scams masked as legit investment opportunities.

Thanks, you are referring to MLMs from a new initial coin offering point of view, right?

Not only ICOs, but more of new companies being launched almost every day. And not only new companies being launched, but also endless invitations to buy tickets in summits on crypto launched by either individuals or companies. It's wild, wild, west in there! (lol)

Got it..so they want more people to come in and invest.

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Can anyone help on cryptocurrency niche?

Can anyone help on cryptocurrency niche?

asked in
Keyword, Niche and Market Research
Updated

Looking for guidance on cryptocurrencies. Want to make this my niche. Can anyone help. Thank you.

The one point I would make is that all research in this area must be recent since is a fast-paced, competitive, changing niche. Jay

Good but highly competitive niche.

Also, except for the major cryptos like Ether and Bitcoin, you might get disillusioned with hundreds to thousands of new cryptos popping up, and their promoters.

I used to be a strong promoter of cryptos in social media, been associated with company called USI Tech (I left a team there), until I got fed up with endless solicitations from friends and strangers to try invest in their newest cryptos.

I also find it hard to build a long lasting team in crypto MLM business, for the reason that those people I have recruited yesterday, will come to me by tomorrow.. inviting me to a new company they have transferred to.

How can you accumulate members in a business like that?

My advice for you is, if you ever want to push through with a website dealing with cryptocurrencies, be sure not to include your full name. Maybe, a screen name or a nickname will do.

The reason I said this is, if you do, you will be included in the prospect lists of some of the most persistent spammers online soliciting you to join their crypto investment opportunities. If the only way they'll know you is through your nickname, then how are they going to hunt you in social media? I hope this make sense with you.

Lastly, since most cryptocurrencies are volatile, anytime it can shoot up or crash down, invite only the most brightest of your friends to invest in. I mean, those with great minds that understand the risk of investing, and won't blame you if ever things come crashing down to the ground. You do not want to be blamed by your negative brother-in-law for a melted investment.

Thanks, what do you mean by crypto MLM though

The word "crypto" stands for "cryptocurrency". And the word "MLM", stands for "Multi Level Marketing", which is a very popular way of marketing cryptocurrencies on social media. Although some have been proven to be good, the vast majority of crypto MLMs are just plain scams masked as legit investment opportunities.

Thanks, you are referring to MLMs from a new initial coin offering point of view, right?

Not only ICOs, but more of new companies being launched almost every day. And not only new companies being launched, but also endless invitations to buy tickets in summits on crypto launched by either individuals or companies. It's wild, wild, west in there! (lol)

Got it..so they want more people to come in and invest.

See more comments

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icon
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