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View Poll Results: Making $$$ from Shrimp sales

Voters
107. You may not vote on this poll
  • Yes, earned back setup cost only

    7 6.54%
  • Yes, making profits

    18 16.82%
  • No, still in the red

    52 48.60%
  • No idea, never keep track

    30 28.04%
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Thread: Poll: Are you making $$$ from shrimp rearing?

  1. #1
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    Poll: Are you making $$$ from shrimp rearing?

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    I know most of you are rearing shrimps as a hobby. I do too. But, when the population of the shrimps is too much, you have to offload, right?

    So far, do you recover your initial setup cost, and start making money from those shrimps sale? Can we have a poll?
    Last edited by [email protected]; 29th Mar 2009 at 22:34.
    [email protected]
    ~ Mother to 3 kids, and numerous CRS ~

  2. #2
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    Re: Poll: Are you making $$$ from shrimp rearing?

    Haha, good question sis. I am in the red can't even sell a single piece yet cos haven't have a good population for the good grades. Have you recover?

  3. #3
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    Re: Poll: Are you making $$$ from shrimp rearing?

    actually even if they are making money, i don't think they will put the poll as yes... most probably they will just don't participate in the poll or put it under red...

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    Re: Poll: Are you making $$$ from shrimp rearing?

    i have always wanted to make or recover some money in this hobby as i have spend a lot in this hobby, just can't get enough stuff. Also i feel this hobby seems to be endless. Once in a while something fresh will pop up.

    haven't really touch shrimp yet, but if one day i were to be successful in breeding them, will surely sell them. But i don't think i will ever make a profit in this hobby.

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    Re: Poll: Are you making $$$ from shrimp rearing?

    Quote Originally Posted by planted86 View Post
    actually even if they are making money, i don't think they will put the poll as yes... most probably they will just don't participate in the poll or put it under red...
    But why? Voting is anonymous as I have set not to show voters name.
    [email protected]
    ~ Mother to 3 kids, and numerous CRS ~

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    Re: Poll: Are you making $$$ from shrimp rearing?

    Quote Originally Posted by Samuel Lee View Post
    Haha, good question sis. I am in the red can't even sell a single piece yet cos haven't have a good population for the good grades. Have you recover?
    Yes, I just managed to recover my cost this month and making some profit. Maybe because my cost is low. A lot of items including shrimps were given to me.
    [email protected]
    ~ Mother to 3 kids, and numerous CRS ~

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    Re: Poll: Are you making $$$ from shrimp rearing?

    Still in the red.
    Never intended to make money in the beginning.
    Sold off mainly A grades CRS.
    These are the easiest to sell.

    Cheers
    Acit

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    Re: Poll: Are you making $$$ from shrimp rearing?

    IMHO, only sulawesi shrimps will provide enough margins to make it worth the time, effort and cost of selling

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    Re: Poll: Are you making $$$ from shrimp rearing?

    I think we should not even think about making $$$ out of hobby. If you do, why not become breeder instead . just an opinion
    -Robert
    Aquascaping is a marriage between Art and Farming
    My Blog: http://aquatic-art.blogspot.com/

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    Re: Poll: Are you making $$$ from shrimp rearing?

    Quote Originally Posted by Shadow View Post
    I think we should not even think about making $$$ out of hobby. If you do, why not become breeder instead . just an opinion
    As I mentioned in my 1st post. Most of us didn't go in with the intention to make $$$. Like my case, it just happened that I have a lot of shrimps, so instead of letting them die due to over-crowding, we sell. So, it is accidental.

    No, I am not a breeder...I have a nice tank, and the CRS are productive, that's all.
    [email protected]
    ~ Mother to 3 kids, and numerous CRS ~

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    Re: Poll: Are you making $$$ from shrimp rearing?

    i'll be happy just to see my CRS breeding
    i agree with sparky, selling instead of culling is just a positive "side-effect" from successfully fishkeeping... this case, shrimp keeping
    Cheers,
    Melvin Lim

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    Re: Poll: Are you making $$$ from shrimp rearing?

    Quote Originally Posted by [email protected] View Post
    But why? Voting is anonymous as I have set not to show voters name.
    because if it is so easy to breed and sell to make money, many people will start doing it and screw up the market price... and their profit will drop...


    anyway... its my opinion...

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    Re: Poll: Are you making $$$ from shrimp rearing?

    Quote Originally Posted by Shadow View Post
    I think we should not even think about making $$$ out of hobby. If you do, why not become breeder instead . just an opinion
    I think being a breeder is one of the funnest job in the world. Although I'm not one it is the process of selective breeding that really fascinates me - probably due to some farmer gene that I possess

    Even though my ultimate goal may be creating a beautiful shrimp(s) and money is secondary, the fact that I could sell lifestock that I produce along the way is strangely rewarding and that I'm quite ok about

    Also just an opinion

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    Re: Poll: Are you making $$$ from shrimp rearing?

    Quote Originally Posted by planted86 View Post
    because if it is so easy to breed and sell to make money, many people will start doing it and screw up the market price... and their profit will drop...


    anyway... its my opinion...
    Interesting theory or thought. But "easy to breed", I think may be true for some. But for most of us, a lot of our initial shrimps went to shrimp heaven , and only those who were patient and persevered finally see "light at the end of the tunnel" whereby their shrimps survived, and then breed. It is a long process. .

    Well, good to hear from the different opinions.
    [email protected]
    ~ Mother to 3 kids, and numerous CRS ~

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    Re: Poll: Are you making $$$ from shrimp rearing?

    Everytime I make back my money, I see a new shrimp species that I like. I think I will never get back my money ever.

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    Re: Poll: Are you making $$$ from shrimp rearing?

    I have a problem in which I startup another tank when the population increases. Have not sold anything thus far.

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    Re: Poll: Are you making $$$ from shrimp rearing?

    Haha...this is funny...now I know why some of you are in the red. hehe
    [email protected]
    ~ Mother to 3 kids, and numerous CRS ~

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    Re: Poll: Are you making $$$ from shrimp rearing?

    i know of people who keep a tank full of mosuras.. initially was making money from breeding and selling. but due to a power failure. he end up losing alot cause all the mosura died. so i guess this type of things also got big risk.. need to take good care of tank and should not treat CRS as money making machine.

    my 0.2cents.

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    Re: Poll: Are you making $$$ from shrimp rearing?

    Quote Originally Posted by EvolutionZ View Post
    i know of people who keep a tank full of mosuras.. initially was making money from breeding and selling. but due to a power failure. he end up losing alot cause all the mosura died. so i guess this type of things also got big risk.. need to take good care of tank and should not treat CRS as money making machine.

    my 0.2cents.
    That is where they should hedge the risks by splitting them up to more tanks. But power failure can't be helped... even split also no use unless he gets a UPS.

    By the way, how often do power failures occur in Singapore? Think can be counted in one hand for occurences over the past 10 years.

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    Re: Poll: Are you making $$$ from shrimp rearing?

    You can make money from shrimps if you are into cherry shrimps. They are easy to take care and breed like rabbits. Can't make much but you won't see red as investment and risks are low.

    To make money from CRS, you must have sufficient knowledage in keeping crs and willing to fork out quite an amount for the initial investment. Its a high risk investment but profits can be quite substantial.

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