Ask HN: Can you give your honest opinion about my startup? | Hacker News Reader

Ask HN: Can you give your honest opinion about my startup?

2 pointsvfedoniuk15 comments

Hello,

My startup is a cryptocurrency trading application. Yeah, crypto again :). I was working on it for about a year and a half. At some point the application became too big for me to work on it alone and I didn't have funds to hire additional devs. I decided to suspend the development. Not sure what should I do with it now and if there is a sense to continue. Can you please give me your suggestions?

https://bitquail.com/

Thanks, Vlad

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Your screenshots look like they were lifted directly from TradingView (and cointelegraph). My first hunch is that this is some kind of Trojan or virus. No thanks.

Ok, thanks for the opinion, TradingView is a charting library that is used in the app.

If you’re just using TV as a library, then I think you need to show more of what the app does beyond the trading view charting, and be up front that your are integrating trading view

ok noted. thx

Take what you've learned there and move on.

For your next business project do customer development and product market research before working on any "MVP".

thank you. I'm just thinking if I need to try harder with the current project and, in theory, find some investors (if I have a luck) or it's better to trash it and focus on something else.

"We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. [OK] [Privacy policy]"

Disrespectful and slimy.

Iirc this is even illegal for users that fall under the GDPR since it’s not a sufficient opt in

the thing here is the website is not collecting anything. Literally anything. That's a standard widget and from what I remember it's GDPR compliant. That's the last thing I would worry about to be honest but thanks for the comment.

The question to ask is: does the world need another crypto trading application? If so, how is yours different from the other ones out there (aside from the potential to build a personal trading bot)?

If there's no compelling point of differentiation, and your user numbers aren't growing, then maybe it's time to move on. Apply what you've learned to another project.

I would only trust an application like this with "real" money if A) it was provided directly by my broker/dealer/exchange or B) it was open source. Since A is not an option I'd suggest open-sourcing the code.

A distant second problem is it should be cross-platform. That's just table stakes in this day and age.

hmm, intersting idea about open-sourcing. That's something to think about. Thanks

What % of your visitors download and use the app?

Where does your traffic come from?

Simple question but unfortunatelly I don't have an answer. I spent all my time on coding instead of marketing and analytics. That's probably not the best thing for the startup. I only track a number of downloads from time to time but it's not that big as I never conducted any marketing campaign. I've only submitted the app to some directories like crunchbase and others.

Honestly it doesn’t sound like a business then. It’s just a side project.

What did you do, outside of coding, for this?

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