How to make melting chocolate (like the chocolate chips) out of cocoa powder?

How to make melting chocolate (like the chocolate chips) out of cocoa powder?
I am trying to figure out how to use cocoa powder to make a meltable chocolate. Like the kind you melt the chocolate chip to make chocolate covered pretzels or cherries etc.
Best answer:
Answer by karat4top
I don't think you can make that kind of chocolate from cocoa. I can't get to my substitution information at the moment, but I remember in my Betty Crocker Cookbook there was a way to combine cocoa powder with oil and other stuff to make a similar consistency to melted chocolate of some type. Perhaps check the Betty Crocker site for substitutions? I don't think you can get it to a consistency to dip anything in, because then it wouldn't harden.
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I agree with the above poster. Even if you could make a ‘liquid’ chocolate using cocoa powder (and I’d suggest oil as well) I don’t think it would taste very good.
One ounce of unsweetened baking chocolate = 3 tablespoons cocoa plus 1 tablespoon butter or oil.
use coco and butter and heavy cream melt in a double boiler togehter
those are all great hints except that if you don’t add sugar it is giong to taste like dirt.