How can I make money easily from corals.

Discussion in 'General Reef Topics' started by TheSurgeonSween, Apr 30, 2011.

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  1. TheSurgeonSween

    TheSurgeonSween Fire Shrimp

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    I've been wondering what corals can I multiply and make money off of quickly. I dont have a job and I need money so I would like to know how to do it and other stuff!! ;D
     
    TheSurgeonSween, Apr 30, 2011
    TheSurgeonSween, Apr 30, 2011
    #1

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  2. VooDoo

    VooDoo Fire Shrimp

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    what corals do you have now? and I think it all depends on your market I.E. how and where you advertise :)
     
    VooDoo, Apr 30, 2011
    VooDoo, Apr 30, 2011
    #2
    1 person likes this.
  3. saints fan 420

    saints fan 420 Expensive Colorful Sticks

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    if u really wanna grow some coral, get a 1000w halide with a 6500k bulb...and then put the coral under a higher kelvin to color it up...haha..
     
    saints fan 420, Apr 30, 2011
    saints fan 420, Apr 30, 2011
    #3
  4. Zoanthids21

    Zoanthids21 McKoscker’s Flasher Wrasse

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    I have a kenya and GSP and zoas and xenia..Those are my money makes. My tank pays for itself..Litteraly.

    The zoas grow the slowest, but i have to cut them back every 2 months, i have to cut xenia back every month and kenya tree drops 5 branches a week.
     
    Zoanthids21, Apr 30, 2011
    Zoanthids21, Apr 30, 2011
    #4
  5. VooDoo

    VooDoo Fire Shrimp

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    yeah my kenya is crazy. I cant believe how much it frags itself!
     
    VooDoo, Apr 30, 2011
    VooDoo, Apr 30, 2011
    #5
    1 person likes this.
  6. Zoanthids21

    Zoanthids21 McKoscker’s Flasher Wrasse

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    They definitely grow nicely.
     
    Zoanthids21, Apr 30, 2011
    Zoanthids21, Apr 30, 2011
    #6
    1 person likes this.

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  7. xxredxpandaxx

    xxredxpandaxx Coral Banded Shrimp

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    My kenya tree just dropped a branch the other day for the first time :)
     
    xxredxpandaxx, Apr 30, 2011
    xxredxpandaxx, Apr 30, 2011
    #7
  8. amcarrig

    amcarrig Super Moderator

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    Any home hobbiest who thinks that they're going to make a lot of money selling a few frags is in for disappointment I'm afraid. By the time you factor in the the overhead required to grow those corals (electricity, salt, water, etc.), you'll end up in the red before you realize any kind of profit.
     
    amcarrig, May 2, 2011
    amcarrig, May 2, 2011
    #8
  9. gabbagabbawill

    gabbagabbawill Pajama Cardinal

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    +1

    there is no make money fast scheme in growing/ selling corals...

    I frag some of my SPS corals and sell to local reefers, usually goes for $5-15 a pop. The money I've gotten selling these frags I put back into buying more corals... I just want a diverse system, and I'm basically trading what I have for something I want..

    let's see... $5k or so invested. around $75 in corals sold. Net profit so far: $-4925.00 and that's not counting electric bills.
     
    Last edited: May 2, 2011
    gabbagabbawill, May 2, 2011
    gabbagabbawill, May 2, 2011
    #9
  10. TheSurgeonSween

    TheSurgeonSween Fire Shrimp

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    Huntington Beach, CA
    Ok I see! haha. Well I just want to get some money so I can get some more livestock mainly.
     
    TheSurgeonSween, May 2, 2011
    TheSurgeonSween, May 2, 2011
    #10
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