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Author Topic: Bitcoin business idea  (Read 9947 times)
joshy23
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March 14, 2017, 07:23:24 PM
 #61

I prefer freelance job because i dont want to use my funds. You dont need capital to do freelance job. You only have to do is the tqsk they want you to do. Trading is good too but im not expert at that thing and i dont have enough capital. Lending is too risky for me. You'll lose huge amount of money if your clients screw up. Selling stuffs is good but i dont have stuffs to sell.

Exactly, freelancing is best option when there is no other option available. One can earn good amount of money if he has right set of skills and the sense of using time more effectively. The best thing about freelancing is anyone can enter in it and start offering services, there is no capital required in terms of money but skills are must. One can learn and acquire various skills online without paying for it.

Yes. Freelancing is the best option you far. No risk involved just your skills and portfolio will match on what the clients need. But based on my experience, I think luck is also involved here like in my case for example, we are five in a team of freelancers, but the manager decided to give me the most profitable task of all and the other thing is they thought that the job was hard, but when I handled it, it was easy for me as compared to when I was part of the team. So I was thinking why the client gave me the job out of all of us? I estimate is that I got lucky to be choosen among the 5 team members.
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March 14, 2017, 08:29:48 PM
 #62

I prefer freelance job because i dont want to use my funds. You dont need capital to do freelance job. You only have to do is the tqsk they want you to do. Trading is good too but im not expert at that thing and i dont have enough capital. Lending is too risky for me. You'll lose huge amount of money if your clients screw up. Selling stuffs is good but i dont have stuffs to sell.

Exactly, freelancing is best option when there is no other option available. One can earn good amount of money if he has right set of skills and the sense of using time more effectively. The best thing about freelancing is anyone can enter in it and start offering services, there is no capital required in terms of money but skills are must. One can learn and acquire various skills online without paying for it.

Yes. Freelancing is the best option you far. No risk involved just your skills and portfolio will match on what the clients need. But based on my experience, I think luck is also involved here like in my case for example, we are five in a team of freelancers, but the manager decided to give me the most profitable task of all and the other thing is they thought that the job was hard, but when I handled it, it was easy for me as compared to when I was part of the team. So I was thinking why the client gave me the job out of all of us? I estimate is that I got lucky to be choosen among the 5 team members.

To become a successful freelancer you need to earn credibility. You have to work hard for many years to be chosen. Yes, from the enumerated by the author, this is the most unrisked profession.
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March 14, 2017, 09:00:08 PM
 #63

I am curious of your opinion about if you have to start a bitcoin business from scratch today. What is the type of business will your start, even if any of this type of business don't exists at the moment?

I know the typical business type on the market are :

  • Exchange
  • Blog
  • Lending
  • Trading
  • Selling stuff in bitcoin
  • Freelance job in bitcoin

I will either start by investing in mining equipment for a quicker ROI or I will just buy and hoard more bitcoins down because the price is bound to increase over time.
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March 14, 2017, 09:05:44 PM
 #64

Starting an exchange will be more beneficial but not everyone can start their own exchange because for that only paying to developers is not enough after paying to developers and getting the exchange site completed you will require to advertise it everywhere to get the members. So I am in the position that I start a blog or start to trade in bitcoin as I can pay for them only.
carlerha
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March 14, 2017, 09:08:39 PM
 #65

I prefer freelance job because i dont want to use my funds. You dont need capital to do freelance job. You only have to do is the tqsk they want you to do. Trading is good too but im not expert at that thing and i dont have enough capital. Lending is too risky for me. You'll lose huge amount of money if your clients screw up. Selling stuffs is good but i dont have stuffs to sell.

Exactly, freelancing is best option when there is no other option available. One can earn good amount of money if he has right set of skills and the sense of using time more effectively. The best thing about freelancing is anyone can enter in it and start offering services, there is no capital required in terms of money but skills are must. One can learn and acquire various skills online without paying for it.

Yes. Freelancing is the best option you far. No risk involved just your skills and portfolio will match on what the clients need. But based on my experience, I think luck is also involved here like in my case for example, we are five in a team of freelancers, but the manager decided to give me the most profitable task of all and the other thing is they thought that the job was hard, but when I handled it, it was easy for me as compared to when I was part of the team. So I was thinking why the client gave me the job out of all of us? I estimate is that I got lucky to be choosen among the 5 team members.
to me i think trading alt coins is the best idea, but in present time as the price of bitcoin is continuously increasing therefore i think in present time the best option is to hold bitcoin for a long time and not invest it any where else.
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March 14, 2017, 09:53:56 PM
 #66

I prefer freelance job because i dont want to use my funds. You dont need capital to do freelance job. You only have to do is the tqsk they want you to do. Trading is good too but im not expert at that thing and i dont have enough capital. Lending is too risky for me. You'll lose huge amount of money if your clients screw up. Selling stuffs is good but i dont have stuffs to sell.

Exactly, freelancing is best option when there is no other option available. One can earn good amount of money if he has right set of skills and the sense of using time more effectively. The best thing about freelancing is anyone can enter in it and start offering services, there is no capital required in terms of money but skills are must. One can learn and acquire various skills online without paying for it.

Yes. Freelancing is the best option you far. No risk involved just your skills and portfolio will match on what the clients need. But based on my experience, I think luck is also involved here like in my case for example, we are five in a team of freelancers, but the manager decided to give me the most profitable task of all and the other thing is they thought that the job was hard, but when I handled it, it was easy for me as compared to when I was part of the team. So I was thinking why the client gave me the job out of all of us? I estimate is that I got lucky to be choosen among the 5 team members.
to me i think trading alt coins is the best idea, but in present time as the price of bitcoin is continuously increasing therefore i think in present time the best option is to hold bitcoin for a long time and not invest it any where else.
Trading altcoin is always the best time because when the price of bitcoin is low then it means that the altcoin market is active so you can earn profits by doing a lot of trades especially day trading because for sure that the market is very volatile because the altcoins are very cheap and also the bitcoin. If the price of bitcoin is high like what is happening now then you can still do altcoin trading but you are more on investing because the price of bitcoin is high then it means that the price of altcoins are cheap because they just depend on the demand and also to bitcoin. So therefore, i think altcoin trading is always good to start.
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March 14, 2017, 10:19:26 PM
 #67

Starting a business from scratch is easy if you have a certain set of skills. For instance you can be a good writer or painter and you can start selling your works for Bitcoin.
I always found it difficult to start a business, because I have no unique skills. I'd have to become a trader or write small articles for news sites, which IMO isn't paid good and kind of boring.

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March 14, 2017, 10:29:22 PM
 #68

I am curious of your opinion about if you have to start a bitcoin business from scratch today. What is the type of business will your start, even if any of this type of business don't exists at the moment?

I know the typical business type on the market are :

  • Exchange
  • Blog
  • Lending
  • Trading
  • Selling stuff in bitcoin
  • Freelance job in bitcoin
From all of that choices. I still prefer trading because that is where i'm comfortable doing. Trading is the main source of my bitcoins whenever i just got started in this kind industry and i think that i'm a good average trader because i manage my trades well and i can also minimize my risks and that is why i still prefer trading because it is like my passion and it makes me feel happy everytime i do trade rather than my other source of income.
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March 15, 2017, 01:28:36 AM
 #69

Me and uncle has a firm. It is a engineering services, I suggest to him about bitcoin and ask him to be open about it. Its a starting company and when the time comes that we have information technology software and computer engineers employes we are already open in cryptocurrency. What I mean is that we can involve cryptocurrency in business. If we believe in its potential we are going to accept it as a payment in the transactions that we made. In my opinion we dont need to start a bitcoin business, just to include it in our business is enough.
Freelancing, blogging, trading, etc. Is just a side effect of bitcoins potential and characteristics. Imagaine if many companies and firm are accepting it as a mode of payment. It will become well-known and maybe make the government to accept it as a value of exchange.

It still depends on the situation. When bitcoin becomes more popular, more online shops will start accepting it but offline stores will still be doubtful to implement or even try bitcoins. Unfortunately, no one's starting the move. It's like you're waiting for somebody that's also waiting for you. These companies or firms (whatever you call them) are just waiting for other companies to accept bitcoins. On the other end, they are also just waiting for others too.

Yup, that is true . That's why the one who understands crypto currency must initiate this operation. I've explained to my uncle that Bitcoin is not that popular these days so we have to be the pioneer of it. We want it or not these crypto currencies has great potential in the future. Slowly companies nowadays, online stores, convenience stores are accepting it as a payment. If we will just wait for them to accept it as a payment, we won't move forward, we should take a leap or else we will fall behind or we won't grasp the dream that we want on bitcoin; to be a legit medium(or I say virtual) of exchange.
"If not us then who?, If not now then when?
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March 15, 2017, 01:38:50 AM
 #70

Lending is the best choice. With a good bankroll and a trusted platform you can earn much money from passive income. You don't need to work, to do tasks, to do anything. You just wait and see the results, your money growing.
At same time you are helping others to build their services and businesses. The money is circulating and you are making profit.

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March 15, 2017, 02:49:11 AM
 #71

I really like the idea of opening a freelance bitcoin job, if i had huge amount of money i will open a huge scale of online shop like amazon or ebay, i am sure if it is advertise correctly it can become larger than ebay and with bitcoin as payment the customer no need to be afraid of credit card information theft

i think you can start for a small site first like offer a services for making debit card, paypal vcc, selling the product or anything else. you can start to sell in around your city and online, and from time to time, if you have experience to handles the order, then you are ready to open a huge scale of online shop. you can see on aliexpress or alibaba, they start from small in little scope range and now, they become a giants in the internet.

I think for me the best way is  to invest it in some businesses because it is very hard to start a businesses. Use it in trading, lending, buy and sell and even selling only. Bitcoin now has a hugh value so you need to know how to retain it. I prefer to you if you want to start a business you should start in small only like buying stuffs using bitcoin then selling it online or even personal so that you have earning. Smiley
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March 15, 2017, 05:46:53 AM
 #72

for me if i have enough money i will invest in bitcoin and i use this as my business since bitcoin can used in paying some bills, loading our mobile phone, transferred cash to other people (remittance center). It could be great business without processing business permit.

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Victorycoin
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March 18, 2017, 05:02:29 PM
 #73

I am curious of your opinion about if you have to start a bitcoin business from scratch today. What is the type of business will your start, even if any of this type of business don't exists at the moment?

I know the typical business type on the market are :

  • Exchange
  • Blog
  • Lending
  • Trading
  • Selling stuff in bitcoin
  • Freelance job in bitcoin

I will either start by investing in mining equipment for a quicker ROI or I will just buy and hoard more bitcoins down because the price is bound to increase over time.
You may want to know that mining Bitcoin as is today doesn't promise quick ROI. As the difficulty keeps increasing, you will be having to lay off quite expensive equipment all too often to be able to remain abreast in the business. That coupled with cost of electricity, cooling system renders the venture a not for all comers. A way out is to instead channel your resources in mining some altcoins that demands far lesser resources and subsequently exchanging them for Bitcoin.

The worse case of mining anyone would contemplate is cloud mining - it is the easiest way to waste your time and money!
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March 18, 2017, 05:11:36 PM
 #74

Well, i dont have more bitcoins to run an exchange.Trading would be my best option.I have an idea of selling stuff for bitcoins,especially electronic goods as you there is always a curiosity in the market for electronic goods.
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March 18, 2017, 05:12:49 PM
 #75

I am curious of your opinion about if you have to start a bitcoin business from scratch today. What is the type of business will your start, even if any of this type of business don't exists at the moment?

I know the typical business type on the market are :

  • Exchange
  • Blog
  • Lending
  • Trading
  • Selling stuff in bitcoin
  • Freelance job in bitcoin

I will either start by investing in mining equipment for a quicker ROI or I will just buy and hoard more bitcoins down because the price is bound to increase over time.

i'm also doing the same, mining is very profitable now that all the altcoin raised, buying bitcoin is also a good option now thta it's very cheap, one is faster but the other offer less risk, because maybe bitcoin go down even more no one know with the hard fork that might come

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March 18, 2017, 05:41:43 PM
 #76

I am curious of your opinion about if you have to start a bitcoin business from scratch today. What is the type of business will your start, even if any of this type of business don't exists at the moment?

I know the typical business type on the market are :

  • Exchange
  • Blog
  • Lending
  • Trading
  • Selling stuff in bitcoin
  • Freelance job in bitcoin

I will either start by investing in mining equipment for a quicker ROI or I will just buy and hoard more bitcoins down because the price is bound to increase over time.

i'm also doing the same, mining is very profitable now that all the altcoin raised, buying bitcoin is also a good option now thta it's very cheap, one is faster but the other offer less risk, because maybe bitcoin go down even more no one know with the hard fork that might come

Ya it is true that anything can happen after hard fork to bitcoin, so investing in altcoin and even mining in altcoin is very good and profitable option right now.
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March 23, 2017, 01:15:25 AM
 #77

Maybe to invest in some local start up idea? There are lot of inovative young people with good business ideas but with lack of money. So you can search some of these and invest in them, it's win-win situation for everyone.
Or if there is no Bitcoin ATM in your area you can place one.
Bitcoin is good business On transaction wise, bitcoin will sure hit a great future on local business because it may fasten the transaction especially on payment through some businesses. So if people will  continue to support bitcoin it would result for the increase of price of bitcoin then the business will be attracted for the bright future of bitcoin because its price always increase so they will earn more than in fiat. And for me that is the best way to start a business on bitcoin.
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March 23, 2017, 01:43:31 AM
 #78

If I have enough amount of coin in my wallet the business that I will start are.

¤ Exchange Center
¤Remittance
¤Loading Station
¤Bill Payment
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March 23, 2017, 02:15:32 AM
 #79

Lending is the best choice. With a good bankroll and a trusted platform you can earn much money from passive income. You don't need to work, to do tasks, to do anything. You just wait and see the results, your money growing.
At same time you are helping others to build their services and businesses. The money is circulating and you are making profit.

this may be a great choice but this is so risky.. what if they will just apply for lending and they will no longer pay you after they took your bitcoins. i think this may tend to succeed if and only if you let them have collateral before giving them the desired amount they want. with this, chance of risk is minimal.



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March 23, 2017, 05:20:25 AM
 #80

Lending is the best choice. With a good bankroll and a trusted platform you can earn much money from passive income. You don't need to work, to do tasks, to do anything. You just wait and see the results, your money growing.
At same time you are helping others to build their services and businesses. The money is circulating and you are making profit.

this may be a great choice but this is so risky.. what if they will just apply for lending and they will no longer pay you after they took your bitcoins. i think this may tend to succeed if and only if you let them have collateral before giving them the desired amount they want. with this, chance of risk is minimal.
Lending is good business but for me this is not ideal for the online which is you do not have any information to those people you deal with.
I think much better to make your bitcoin wallet as remittance center, selling load to other or buy and sell if the bitcoin is popular in your area.
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