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Crypto/Stock Assets Trading Indicator - A digital product with fully automated eCommerce (Bitcoin Payments) -Website.
Describe your business
The two trading indicators are sold as scripts as a digital products. These tools help digital and traditional assets traders and investors to make accurate buy/sell calls in the market.
The purchasing process is completely automated on the website. A customer will receive the product and installation guide -links instantly via email after successful payment. Emails are also automated by the trusted Bitcoin payment gateway Blockonomics.
This is a tax-free business model until the revenue is converted into a fiat currency. (might differ in different locations in the world, depending on the local laws and regulations around crypto).
Why are you selling the business?
I'm purely a developer. I create things and let others run them. I build online business concepts, websites, and technology startups to resell them after backtesting the business concept, product, and landing page are operational.
What is included in the sale?
The wordpress website and the product scripts. The website will be migrated to the buyers hosting and domain.
What is the technological stack?
Product: Pine script is a programming language created by TradingView to backtest trading strategies and create custom indicators.
Website: WordPress
What actions are required to keep the business working?
Marketing by targeting domains filled with crypto, stock, trading, and investing groups. Twitter and Telegram have a lot of groups related to this niche and are good places to start with social media marketing. Creating a live stream on YouTube or another streaming platform to display the indicators in real-time and the fact that they actually give out extremely accurate buy/sell market calls. Other than that, the business is 100% automated, and there is no need to do anything else apart from marketing.
How does your business make money?
Selling the product scripts for 294 per sale. The new owner can re-price, especially if switching to a subscription model. The price is relatively low for a one-time payment considering the majority of the competitors charge a minimum of 100usd in monthly subscriptions or 1000usd for a lifetime license.
The new owner is required to make a Blockonomics account and set up new payment URL links to the website to his/her own digital wallet. In case continuing with the Bitcoin payments model.
Technical assistance will be given during the website transfer and purchase process.
How can the future owner improve this business?
The new owner could turn this into a subscription business by adding the indicators to the "Only-Invite-Scripts" -section on the TradingView -platform. It would include some customer support and activation and deactivation of the scripts manually. This would turn the current 100% automated model into a way more profitable business model, but it would also require more man-hours to maintain the business.
Business Start Date
October 2021
Post Sale Support
No
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