Whatever hustle you were thinking of, someone has already done it better

[EvaristeGalois]

I was reading the thread about how to buy crypto under 18. Being a guy who thinks a lot, I was like “wait, I could probably make a lot of money by buying crypto for kids here and adding like a 5% charge on top and I’d basically be printing money”.

Within 5 minutes of just thinking about it, I’d realized that it wasn’t going to be possible for me to make any actual amount of money this way.

- There are already people doing this
- Banks don’t like when a bunch of people randomly send you money, they think it’s fraud or illegal activity
- Coinbase/exchanges don’t like you sending a bunch of money to random wallets and can randomly shut down your account
- Buying crypto with cash causes you to lose a bit of the cash due to the way these markets work
- Sending crypto costs a bit of crypto because of how it works (Idk how it works but it costs a bit of crypto to send it)
- How would I reach customers?
- Again, people are already doing this. For this to be worth it, I need to gather enough customers to actually make a decent amount of money. Each dollar I spent on advertising has to get me at least $20 from a customer if I’m taking 5%. Keep in mind that I’m not even taking into account what the exchange takes or what the gas fees take here. There’s no way that the market for kids buying crypto is big enough for me to make money on that

Hopefully this is enough for you to realize my point: that you should just get a 9-5 or some shit. If you have a genuinely useful original hustle then you can make big bucks but 99% of your ideas are either already being done by people who are smarter and sneakier than you or nobody is doing them because they’re not profitable.

 

[Abdullahm06]

pessimism final boss

 

[EvaristeGalois]

pessimism final boss

Tbh I’m not trying to be pessimist, I just know that I’m not the kind of guy that could pull off an operation like that. Kind of like how Walt needed Jesse to get started in Breaking Bad

 

[Abdullahm06]

Tbh I’m not trying to be pessimist, I just know that I’m not the kind of guy that could pull off an operation like that. Kind of like how Walt needed Jesse to get started in Breaking Bad

i didnt even really read your thread tbh but you make decent points
my bad brah

 

[Posmo]

Water

 

[waterboard]

- There are already people doing this

doesn't mean there isn't space for one more.

- Banks don’t like when a bunch of people randomly send you money, they think it’s fraud or illegal activity

depends on your bank.

- Coinbase/exchanges don’t like you sending a bunch of money to random wallets and can randomly shut down your account

use a self custody wallet.

- Buying crypto with cash causes you to lose a bit of the cash due to the way these markets work

set limit orders for buying?

- Sending crypto costs a bit of crypto because of how it works (Idk how it works but it costs a bit of crypto to send it)

"selling x amount crypto, 5% fee, sending fee comes on top" problem solved.

Again, people are already doing this. For this to be worth it, I need to gather enough customers to actually make a decent amount of money. Each dollar I spent on advertising has to get me at least $20 from a customer if I’m taking 5%. Keep in mind that I’m not even taking into account what the exchange takes or what the gas fees take here. There’s no way that the market for kids buying crypto is big enough for me to make money on that

yeah just give up. you're just finding reasons for this not to work.

 

[kranerman23123]

that quite literally applies to every single thing you do in life

 

[idnap]

I was reading the thread about how to buy crypto under 18. Being a guy who thinks a lot, I was like “wait, I could probably make a lot of money by buying crypto for kids here and adding like a 5% charge on top and I’d basically be printing money”.

Within 5 minutes of just thinking about it, I’d realized that it wasn’t going to be possible for me to make any actual amount of money this way.

- There are already people doing this
- Banks don’t like when a bunch of people randomly send you money, they think it’s fraud or illegal activity
- Coinbase/exchanges don’t like you sending a bunch of money to random wallets and can randomly shut down your account
- Buying crypto with cash causes you to lose a bit of the cash due to the way these markets work
- Sending crypto costs a bit of crypto because of how it works (Idk how it works but it costs a bit of crypto to send it)
- How would I reach customers?
- Again, people are already doing this. For this to be worth it, I need to gather enough customers to actually make a decent amount of money. Each dollar I spent on advertising has to get me at least $20 from a customer if I’m taking 5%. Keep in mind that I’m not even taking into account what the exchange takes or what the gas fees take here. There’s no way that the market for kids buying crypto is big enough for me to make money on that

Hopefully this is enough for you to realize my point: that you should just get a 9-5 or some shit. If you have a genuinely useful original hustle then you can make big bucks but 99% of your ideas are either already being done by people who are smarter and sneakier than you or nobody is doing them because they’re not profitable.

little dick energy

 

[chromednash]

is this nigga dumb?

 

[aids]

I mean you're obviously a fucking retard if you would send your funds to these people directly out of a CEX so DNR the rest based off of just that.

 

[dogpound]

Y

I was reading the thread about how to buy crypto under 18. Being a guy who thinks a lot, I was like “wait, I could probably make a lot of money by buying crypto for kids here and adding like a 5% charge on top and I’d basically be printing money”.

Within 5 minutes of just thinking about it, I’d realized that it wasn’t going to be possible for me to make any actual amount of money this way.

- There are already people doing this
- Banks don’t like when a bunch of people randomly send you money, they think it’s fraud or illegal activity
- Coinbase/exchanges don’t like you sending a bunch of money to random wallets and can randomly shut down your account
- Buying crypto with cash causes you to lose a bit of the cash due to the way these markets work
- Sending crypto costs a bit of crypto because of how it works (Idk how it works but it costs a bit of crypto to send it)
- How would I reach customers?
- Again, people are already doing this. For this to be worth it, I need to gather enough customers to actually make a decent amount of money. Each dollar I spent on advertising has to get me at least $20 from a customer if I’m taking 5%. Keep in mind that I’m not even taking into account what the exchange takes or what the gas fees take here. There’s no way that the market for kids buying crypto is big enough for me to make money on that

Hopefully this is enough for you to realize my point: that you should just get a 9-5 or some shit. If you have a genuinely useful original hustle then you can make big bucks but 99% of your ideas are either already being done by people who are smarter and sneakier than you or nobody is doing them because they’re not profitable.

Very Very braindead. I’ll elaborate more if you need it.

 

[illoan82]

I was reading the thread about how to buy crypto under 18. Being a guy who thinks a lot, I was like “wait, I could probably make a lot of money by buying crypto for kids here and adding like a 5% charge on top and I’d basically be printing money”.

Within 5 minutes of just thinking about it, I’d realized that it wasn’t going to be possible for me to make any actual amount of money this way.

- There are already people doing this
- Banks don’t like when a bunch of people randomly send you money, they think it’s fraud or illegal activity
- Coinbase/exchanges don’t like you sending a bunch of money to random wallets and can randomly shut down your account
- Buying crypto with cash causes you to lose a bit of the cash due to the way these markets work
- Sending crypto costs a bit of crypto because of how it works (Idk how it works but it costs a bit of crypto to send it)
- How would I reach customers?
- Again, people are already doing this. For this to be worth it, I need to gather enough customers to actually make a decent amount of money. Each dollar I spent on advertising has to get me at least $20 from a customer if I’m taking 5%. Keep in mind that I’m not even taking into account what the exchange takes or what the gas fees take here. There’s no way that the market for kids buying crypto is big enough for me to make money on that

Hopefully this is enough for you to realize my point: that you should just get a 9-5 or some shit. If you have a genuinely useful original hustle then you can make big bucks but 99% of your ideas are either already being done by people who are smarter and sneakier than you or nobody is doing them because they’re not profitable.