If someone has 60 BTC can he start a decent crypto business to make passive income? Please share some business ideas. What would you prefer? Casino/Sportsbetting/Wallet/Exchange and which has the highest earning potential? Provided i have funds - 60 BTC and no knowledge regarding business and i am not a designer but i want to start my own crypto business. Where can i start? Where can i find and hire team for myself like designers/developers etc to start my business? I know good team can help the business grow but bad team can ruin everything so what are the things to look for before starting a business? Where to get the business partners with good ideas and genuine team? Where would you start from if you are in my situation. Please share your opinions in this thread  No doubt best team behind any project make great things,Already you found your answer in your question. Being own boss and freedom better than to get stuck where you dont belong.I would suggest learn abut trading and just invest in different legit platform in staking and just sit behind the screen to watch your income. Trading will give a way and purpose of life so educate yourself to learn all abut trading and start earn with your funds. |
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Both ways of trading need effort and knowledge,But it all depend upon the priorities if you make enough time for trade and having knowledge and confident abut trading go with daily trade.If want to trade as part time then long term is better just need choose valuable coins with great future and sit back to wait best moment where maximize the profit.
Make sure selected different coins because just buying only one coin is risky and buying different coins minimize the risk of loss.
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If you take it positively this is best opportunity for the BNB lovers,Buy and investing more in BNB will gain good profit in future.The future of BNB is safe as we all know the BINANACE is leading platform and a team with professional developers and meet the requirement of the market and investors need.
BNB holding on Binance can get more special services from binance and also can trade with BNB to earn daily profit. Binance will be in crypto long run s BNB will survive till Binance is alive.
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Creating awareness in people about BITCOIN is better than forcing them to get in BITCOIN,If a person unaware abut new technology and dont know about the idea how he or she will invest.
Start with friends circle a word of mouth will bring more users.Conducting seminar,Campaign in university students also fruitful to increase the real number of users.
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This way may be not work for long but yes we can earn from exchanging Bitcoin to altcoins.There is a term called ARBITRAGE TRADING you buy a Bitcoin from one platform withe cheap and exchange the coin to another platform where it trading high pair.
The Arbitrage trading also need enough knowledge to know about the trade fees and the transfer fees so before doing this must analyze that are you earning more than you you invest after the deduction of fees.
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It is useful for whole crypto community to know more about the crypt and update themselves according to market.All investors and traders will get benefit from it,If any stuck in a problem can get help from there as well.
Crypto market is all about to be update to take any decision,Market can be changed within seconds like today BTC is running in green,These kind of platforms helps out to learn.Thank you for sharing.
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Majority of people prefer like,Binanace,Bittrex,HitBtc,Gate io etc.Now a days i like also YOBIT a great platform with all options you need,Here you can trade,invest to earn daily,weekly and monthly.
YOBIT is also best for beginners to get daily free coins.YOBIT have easy and attractive interface can used by every one which also save time as well.
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Market is going t be interesting,Bitcoin halving ahead and the Libra coin legality issue still in pending how these event will affect the market every one curious about it.Most analyzers saying that these are in favor of of crypto market bull run but another some criticize it as well.
For me market will attract more investors,customers and the competition will also took place to bring more new innovated projects.
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Your points are appreciated,Further traders also work on control fear of losing and just believe in having skills and decision power. Sometime rumors in news down the traders and most trader on initially stage quit on trade just because of rumors.
Stop loss option is blessing for you must apply it on your trade,will help to save your funds. Money management have also importance in trading,Manage your money accordingly. Invest amount which you afford to loose and retain that you recover the amount you loose.
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Taking serious your goals is also a determination will help what to do and how to achieve it.Bitcoin is great thing now a days to reach your goals,But how you intelligent to sort out things timely.
Know yourself in which field you are good investing or trading and put all efforts on it to earn maximum in effective and efficient way.
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There are the reasons of people scammed by scammers,Either they are greedy and not following the process to get financial freedom or New to the market and unaware abut the scammers different scam offers.
It create your good will if you expose the scammers and scam projects to safe the members,Scammers will offer more than market rate and will force to pay immediately also will no have physical existence of the company on google or real. If you attract from these kind of project avoid it and move on also talk with your circle to avoid it.
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Being successful trader educate yourself and learn both Technical analysis and the psychological behavior like successful trader how they face the complex situations.If Platform is legit then no matter where are you trading just your skills and decision power will be counted,Learn to control the emotion in both winning and losing position also an art of a successful trader.
Choosing best coins mostly will take you profit at the end,so never trade on coin with no volume and market.
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Recently CEO of changelly.com reveal that plenty of coins will loose worth in upcoming years because latest technology will took place and the survivors will be adopters of latest technology and up-gradation time to time.
This is era of competition if you have any competitive edge either your skilled employees r latest technology with unique idea to meet the need f new generation will stay in the market,It is better to bring changes and features in product and services as needed.
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Trading volume,Leverage matters for a good trading exchange platform,As we know the crypto market is growing also competition and users also increasing every user have own priories to looking for a platform.
Catching up majority of community must offer different services and platforms on Exchange like,STAKING,LENDING,BONUS,FREE-COINS,USEFUL-ACTIVITIES and provide platform to community where can share ides and problems facing on exchange also have a room to solve their problems. Interface of Exchange matter alot because users prefer attractive and easy to use interface save their time.
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Every one know that 2020 a year of Halving of BTC,and it is in trend in crypto lovers.Most hoping fr bull run and professional traders analysis and predictions mark it a green signal for BITCOIN to come out from bearish to Bull run.
Bull run is another matter but every individual need to make personal resolutions rto stay in crypto market and improve the strengths and overcome the lacks did in past year.
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Its true that BITCOIN is decentralized,uncontrolled and digital currency. Government official will not allow Bitcoin as reserve till find the way to track the transaction f Bitcoin.Controlling bitcoin will help to generate revenue from Bitcoin transactions to use for further projects t stable the economy.
It seems impossible in near future because till now no one can stop or ban the Bitcoin,Another side if it came as global reserve more investors,corporate sectors,individuals will get benefit from it.
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You are lucky,Just need to review your knowledge,faith and decision power.I share some points hopefully will be helpful fr your future trading career.
The market is not behave according your consent it mean you are wrong,because market is right.First of all understand that what are you choosing know its history in charts and indicators.
Manage your money properly,selection of coins should be qualitative and do not hold the trades for greed.Try to choose coins moving in green there are more winning chances.
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Staking is more secure,Make sure choose the leading platform with high return should make cost and benefit analysis.Another best way is t writing blog about cryptocurrencies on most popular paying blog forum to get earn against the tip,like,votes to the blog.
More you are creative more readers will attract at the end handsome income will get in your pocket.
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Helpful points to create awareness,Further adding here that before investing any project read its white paper and learn the idea,facts and figures,team members profile to know the worth f project and what are the future resolutions.
Contact to representative and find how they are responsive,professional to solve any problem of customers or investors.Do not it invest till find all answers of questions in your mind.
If going to invest just invest 3% percent of capital,as per advice of financial advisers.
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Thumbs up,Informative statement.In my opinion Bitcoin is now global currency due t its worthy feature and benefits.Can transfer globally any one can from any where send and receive without any paperwork.
Having string value and increasing day by day,Its initially days to much volatility but stability came over the years.
There is n third party just you are own bank and utilize it as you want,either hold for long run,use it as medium of exchange and invest for passive income.
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