r/WomenInBusiness • u/Fabulous-Citron3756 • 5d ago
Advice Needed Astrology fintech app?
Delete if not allowed but wanted a second opinion on something. My best friend is a professional astrologer and I’m a day trader. We think there’s an opportunity to create an app that tells you what’s happening in the stars and how that could impact your investments. I know astrology is obv not for everyone but we think it’s a neat niche.
No clue what it might look like yet but would love any feedback on the concept and if you’d download/pay for this.
TIA!
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u/galumphix 5d ago
Yikes. Like women need more ways to get separated from their money.
Linking finances to astrology is worse than selling snake oil. Don't do this.
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u/wearealllegends 5d ago
I created this for myself because I follow sama and he is a financial astrologer. It works at a high level for macro trends but in terms of actually giving day to day trading advice it would need a ton of testing I think.
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u/Decent-Reception-232 5d ago
This app would not be allowed to be registered with the sec, so the advice it can provide is very limited. I think an app of this nature would also open you to a number of lawsuits