Bitcoin Forum

Hi,
How much need Bitcoins for start crypto business?
What you think about it?
This thread not about mining business.

About three fifty.

Joking, but seriously this is why there are ICO's. If you do an ICO you don't need any bitcoins to start. The business is crowdfunded. Pinkdate is doing this and it's worked very well for them.

do you know that for run ICO of pre-ICO need about 10-20 BTC?
This is not low amount..
Also need team and promoters.

i invest 0.01 btc in different trading site to learn also or study different kinds of coins and token here

I do play gambling but for only 0.0001 btc investing there because it so risky and actually i play only for fun and knowledge about different gambling site here

I hope to teach some basics here that for newbie only but base on your post are you really a sr.member?

It depends on what product do you want to sell. You really need to study what's going on in the economy. The problem that we had encounter, if it's unique and no competitors. Time for you to shine make it big show your roadmap,team and strenghts especially, the world of crypto over blockchain.

Yes, I'm really Sr.Member also I'm holder BTC few years ;)
I want know about business like online shop or etc.. (but not trading because it's high risk)

I'm guitar player and creating guitar effect.
I have crazy idea but don't know how to start.. Run ICO is not easy without huge money

How long is a piece of string?  ::) How many coins you need depends entirely on the type of bitcoin business. You haven't stated. You won't need any coins to start many bitcoin businesses but on the flip side if you were starting a crypto casino or gambling site you would need a hefty bankroll, but that would also depend on things like the max bet you allow and so forth. Please tell us what sort of business you have in mind if you want a serious answer.

What do you mean by the definition of "crypto business" ??? If you want to invest in ICO projects, then each of them has a different minimum investment. It all depends on your needs.

so as not to risk much can start with one) or take part in bounty programs - there you can not invest)

It all depends upon what kind of business you are planning to start,if you are planning to run a bitcoin based casino or sports gambling you need to have a big reserve to settle out the bets and i would say around hundred bitcoins or more as reserve in some of the gambling sites i know,if you are planning to start an exchange you need to have a good reserve ,in short either you should have a lot a coins which you acquired when the price was low or you need to have a good bank balance ,but if you are selling any service then you do not need much money to begin with.

@eaLiTy If you are getting into gambling sites it is hard to get any profit in the beginning,you need to have to spend money for promotional activities to attract new people and make sure you can prove everyone you are legit in order for everyone to trust you.The starting stage is always a struggle and as said it all depends on what kind of business you are starting.

Like eaLiTy said it really does depend on the type of business. If you don't want to buy more than you would need initially you could take it by a order basis and convert the cash into Bitcoin once you have received an order. Of course this all depends on what you are providing to the buyer as somethings might be instant. But, if it requires exchanging paper work etc and more in depth trades then you could exchange into Bitcoins once you have finalized the contract.

 It is depend on you if how much you can risk your bitcoin in  crypto business if you want to start an ico you need a big capital before you start.

what kind of business it is a real business or what? There are so many buiseness without physical apperance are successfull right now because of the ICO they raised so many fund from other people without releasing any amount of money.

I think there is no minimum to start a business in crypto, because with how many BTC you have, still can get profit, it's just that if your BTC capital is small then your profit can also be small and if your BTC capital is big then your profit can also big. but I suggest at least you should have BTC0.005

Are you sure that you don't need some investment to use when starting ICO? You need to spend alot of bitcoins when starting ICO, You need to pay for Developers, Team and Bounty makers and also for advertisements if you wish to spread your ico.
Making ico are expensive that's why other developers running some ico funds to get their investments back and to get more profit from their investors but it's worthy if your ico becomes successful.

To be honest starting new crypto project is not easy if you are not experienced in this business model. Even 100 btc is enough to make your own team, hiring professional,skilled workers and renting fully equipment ready office.  If there is no good idea behind project  it is waste of time to start new useless project and from my experience it will not be used by community.

It depends the business you want to start. If you want to start an online shopping site you need to choose what products you will sell and then you will know how much you need to start (initial money to buy first batches of goods). The site itself is cheap, you will just need a domain and maybe a designer.

If you are a professional/average guitar player, offer your services at a pub, something like this to earn some money to start your business...

It depends on what you want to do business, business technology is different, the number of bitcoins you need is not the same, I think through the release of ICO is also a good way.

Depending on what company or business you really are, you don't need much cryptocurrency, but a viable plan. The cryptocurrency can only help you raise money when you have a plan.

Banks that were eventually found to be "too big to fall" were on the verge of collapse, world stock markets were ready to collapse, and many investors were losing billions of dollars every day.