Coral Farmer

[Anonymous No.50394378]

Is there any money in farming coral? Or is it mostly a money pit for hobbyists and researchers?

In any case, what are some other /biz/raeli side incomes? Looking for a reliable way to make an extra 500-2k a month. Would breeding exotic beetles be a better option? How about breeding various ball python morphs? Or is that market already saturated? Any other suggestions?

[Anonymous No.50394416]

[Anonymous No.50394474]

[Anonymous No.50394501]

some music for everyone to listen to while we brainstorm

https://youtu.be/NrO0YPQcI14

[Anonymous No.50394758]

Dont know looks cool though

[Anonymous No.50395324]

>>50394758
came here to post this. depends on the turn around. i’m sure there is always some demand for rare corals especially as we rape and pillage our natural reefs

[Anonymous No.50395751]

>>50394378
I doubt since most people use fake coral in their aquarium. https://www.youtube.com/watch?v=6nfzhml_wXc

[Anonymous No.50395841]

>>50395751
real coral is very expensive because it is literally the slowest growing organism on earth. thers a lot of risk running a business around it b.c if any die because you fuck something up, it takes a lot of re-investment to replace that lost stock

[Anonymous No.50395858]

>>50394378
This looks awesome! I want some

[Anonymous No.50396043]

>>50395751
economics doesn't work because "most people do that". if there is a market then there are buyers

[Anonymous No.50396101]

I used to work for an importer. Coral is consistently dying if you don’t properly take care of them. Anything fish wise you gotta know what you’re doing with the water. Coral is even harder than fish to keep alive. So you need special lights , water, space. Electricity. I wowuld take my chances with tarantulas or something. If you get them to mate that’s a 300 u it egg sack.

[Anonymous No.50396855]

>>50396101
This. I used to work in the aquaculture industry, nothing with corals but it would be incredibly difficult.

[Anonymous No.50396901]

>>50394501
>Buckethead as thread theme
Incredibly based

[Anonymous No.50397142]

I have a 120 gallon reef tank downstairs. Its my little brothers but it has been a nightmare up until this point. A lot of its automated. If you do end up doing coral frags you want to have a really good setup with preferably thousands of gallons of water. The corals do not like changing water parameters and temperatures. You can't really leave your tanks for weeks at a time either. The upfront cost is also pretty high. Unless you really want to get into the hobby there are better opportunities you can spend your money on and less aggravating too.

[Anonymous No.50397441]

>>50394378
Redpill me on this? Do you have to live near a coral reef to do this or could I do this in the UK and sell it to people with aquariums?

[Anonymous No.50397606]

>>50394378
This is actually a hobby of mine. The answer is no. You could start a profitable business but its hardly easy money and probably no money at all. Its a passion that could possibly be a career. They say the quickest way to make 100k is to put 250k into a fish store. Youd have huge costs and significant loss in the mail. Most of these guys sell coral online and at swap meeta but service aquariums locally to stay afloat.

[Anonymous No.50397618]

>>50395751
No. There's is a huge reef tank subculture. I have several thousands worth of coral in my tank.

[Anonymous No.50397778]

Farming Coral is an insane money pit. I make between $600-$2500 a month doing landscaping when not working my real job. It's a good workout, keeps me healthy, and gets me out of the house. I pay all my bills with my real job and then use my side job money to invest.

[Anonymous No.50397794]

>>50394378
Did the jewtube algorithm recommend an illegal Colombian coral farmer video to you last night?

[Anonymous No.50397852]

best thread on /biz/ and for sure sign of bear market
I live in miami beach and i collect coral legally and grow them out
I have so many frags made, selling them is the hard part

pic related

[Anonymous No.50397982]

>>50397794
kek yes
you too?

[Anonymous No.50398038]

>>50397852
Only the Coral-muh-vuhrus.

[Anonymous No.50398112]

>>50397852
beautiful zoanthid you got there anon

[Anonymous No.50398124]

>>50397982
Yes, I watched it last night and just saw this thread. Very synchronicities like. I would deem coral farming a bad investment although I do want some corals now. A lot of those corals have some funky names, I want to name one of the glowing ones after a federal agency such as the "CIA coral"

[Anonymous No.50398415]

>>50398124
create a bright zoanthid hybrid and name it alphabet glowie

[Anonymous No.50398547]

>>50394378
After reading the posts here and doing some minor research, this does not seem like a great business endeavor. That being said, I kind of want a coral setup now. But everyone who is in the hobby lists many headaches associated with this space. Hopefully one day my shitcoins will allow me to blow money on a cool reef tank

[Anonymous No.50399644]

>>50398547
Dude forget about saltwater tanks unless you live by the coast
I'm planning to breed and sell come Mexican CPOs
https://www.youtube.com/watch?v=jFmWSxCfU8I
They don't need as much space since they don't get big plus they have a high price
The best part about this is that you essentially can keep them with almost anything and they'll almost never be able to kill tankmates

[Anonymous No.50399812]

>>50399644
I used to have this 55 gallon freshwater planted tank where cherry shrimp would breed like crazy without me even trying. Is there really a market for this?

[Anonymous No.50399862]

I just bought a few hundred dollars worth of coal recently. Really happy that my sea anemone is healthy and growing.

Fun hobby but as expensive as any other pet. The power bills + salt is where the cost are, up front is not too bad if you get it second hand.

[Anonymous No.50399888]

>>50399812
I tried to sell those and I had some issues and I live in Southern California.
There is just so much competition with people selling the shrimp
If you are in a good area for that without too much competition you should go for it and at worst you can trade it to your local pet store in exchange for food and tank supplies

[Anonymous No.50400050]

>>50394378
as someone whos partook in the reef hobby, it is very fucking expensive. 2k minimum to start it with the most basic equipment. 5k+ if you get the automation equipment. there's also monthly costs like all your calcium additives/ phosphate extractors/ reef salt which will run 50-100$+ a month. It's very high maintenance because the corals that fetch high prices (sps) are sensitive and die easily.

[Anonymous No.50400091]

>>50400050
But it sounds to me like you can spend $5k and automate it, then sell the rare reefs for bank. Am I missing something? How long is the payback?

[Anonymous No.50400098]

>>50400050
with the effort your putting in you might aswell learn to code and get a comfy desk job.

as a hobby it's fine. just don't expect to make any money from it, especially when you're new. there's definitely a learning curve.

[Anonymous No.50400141]

>>50400091
when we say automated equipment, what I mean is some processes can automated, but in the end you still have to maintain it.

for example, SPS (the most expensive coral type) requires calcium supplementation to sustain good growth. there are machines that can automate how much calcium is dripped into the tank, but you still have to measure the calcium levels on a weekly basis and top off the calcium drip.

this is just one of the many things that you need to do.

[Anonymous No.50400168]

>>50400091

growing corals is not a set it and forget it type of deal like mining ethereum. Say you purchase a coral to grow and it happens to have a parasite on it, that parasite can spread to the other corals in your tank and basically kill them. of course there are ways to prevent that from happening (chemical dips before introducing coral to your tank). alot can go wrong.

[Anonymous No.50400211]

>>50394378
>Looking for a reliable way to make an extra 500-2k a month
Heres a tip, pick something and go for it 100%. Stop messing around with 'side hustles' unless you are rich enough to just plough money into shit.
With that being said, I make around $600-800 a month trading art glass.

[Anonymous No.50400247]

>>50400168
This. People have no idea what the learning curve is. Brothers tank got hot the other day before he had a chiller and it killed the sps. Almost lost all of his other corals after the doser somehow dosed like a gallon of calcium kek. Pumps burning out, frequent water changes etc etc. If he were to start a new build with frag growth in mind he could probably just barely turn a profit. Thats assuming something like the power doesnt go out for a day or something. Big upfront cost with little return unless its your hobby. I think theres a youtube channel called fishofhex that i watched a few videos on over the years and he was making a living selling coral. It looks like in his newest videos that most of his tanks are empty and hes making more money from a 3d printing farm.

[Anonymous No.50400341]

>>50400211
Personally I like the Tri-Method where you spend 1/3 of your time on dream job type work, 1/3 on high risk high reward work, and 1/3 on normal paying but consistent work

[Anonymous No.50400371]

>>50400341
But then how are you going to get good enough at one thing to make real money?

[Anonymous No.50400372]

>>50394378
To make it in the exotic animal/plant breeding industry you either need to aquire rare and expensive breeds/morphs of common and easy to breed animals such as ball pythons, leopard geckos, bearded dragons, or be able to breed exotics that are too difficult for the majority of people to keep alive. Realistically, you're not going to "make it" by selling ball pythons or the like, those markets are ridiculously oversaturated and the animals involved have been inbred to shit. Plus, communities surrounding low barrier-to-entry hobbies (like ball python keeping) are filled with the poorest, lowest of the low, fucking retarded individuals who are impossible to have deal with, so stick to high-end exotics ONLY.

Breeding exotic coral seems like a really profitable idea. Based on my limited understanding of saltwater aquariums they are intimidating, easy to fuck up, and ridiculously expensive. Imo this is an amazing combo, since it keeps retards out of the industry completely, and ensures there will be more than enough whales with money to burn available to purchase your product (assuming whatever you're producing isn't garbage).

Some similar animals you may want to consider breeding: exotic millipedes, centipedes, roaches (Kyle Kandilian has amazing stock), isopods (somewhat oversaturated), assassin bugs (really low-effort).

If you have the space you should also consider looking into breeding monitor lizards. A healthy Black throat monitor can lay 20-50 eggs a year once mature, and there are *maybe* two trustworthy black throat breeders in the entire monitor breeding industry that are considered trustworthy, neither of which I would personally trust or purchase from though. If you have a pair of above average size, genetically distant black-throat monitors, each egg could go for $3000 a piece assuming the economy isn't in free-fall like it is now, and thats how much the current sketchy breeders are charging. Just don't breed dwarf monitors or fuck with N.E.R.D.

[Anonymous No.50400520]

>>50400371
I should have been more clear about the details
It should be 60-70% stable money while the other 30% of time is split between dream work and high risk high rewards work with most of it going into making the most money instead of what makes you the happiest.
The more money you have the more you can dedicate that 30% to dream work
The goal is to have 50% of your time be high value money from high value work and 50% dream work until it can become 100% by how much money you make
The 1/3 was meant for 3 parts not a third of the total time

[Anonymous No.50400774]

>>50394378
>>50395751
the real /biz/ness is in electrified reefs to regrow coral

[Anonymous No.50400786]

>>50400774
meant to post links
https://www.youtube.com/watch?v=Mxi1SvmzwcA
https://www.youtube.com/watch?v=cv2h8Uv-MEs
https://www.youtube.com/shorts/EV3_DwYumxE

[Anonymous No.50400822]

Coral goes for $60-120 in the nearest store for me. Pieces around the size of a quarter.