Is small business ready to sell for cryptocurrency?

[Duzter]

Crypto has a big risk involve if small business enter because the value is not stable. Also it is difficult to sell goods in crypto because not all people know how to use it and also it is not legal in other countries. There's a lot of things to consider in putting up this kind of business.

When it comes to bitcoin acceptance into businesses it is all dependent on the legal support from the respective government. When there is legal support we can make use of it without any fear. Next thing even the consumer who haven't known about it can be advised to use it.

There is more and more small scale businesses into bitcoin acceptance knowing the true growth and the need for advancement. Large scale businesses fear a lot thinking about the volatility, because a small level fluctuations will cause a huge difference in the market revenue. This will indirectly hit their business profile, but this can be overcome when the focus is long term.

[Irvinn]

It seems to me that it is very difficult for a small business to realize a profitable business using cryptocurrency, because if you take into account the high volatility of the cryptocurrency, then the whole business may be at risk.  Of course, cryptocurrency can be used to trade in products, building materials, clothing and jewelry, but given the high price fluctuations in the cryptocurrency market, based on this, an entrepreneur today can be profitable, and tomorrow he can lose everything if the cryptocurrency price he uses in  your business will fall several times.  Although if the entrepreneur immediately converts the cryptocurrency into Fiat or a stable coin, then no losses will occur on his part.  But then what is the point for him to use cryptocurrency, it is only possible to expand the circle of his clients.

[Shadidalam1111]

we know high bitcoin price. may be anything will be sold to start a crypto online business. we will make it as our future asset.

[adamlillian]

For a small business, I think you shouldn't use blockchain technology yet. because you will not be able to have enough staff to handle customer questions about this new technology and something related to wallet and apps. It's quite complex and blockchain technology should only be applied to large businesses like Visa, Paypal.

[Shadidalam1111]

I think doing business with cryptocurrency is very profitable, even many people become super rich by doing business cryptocurrency , if I understand algorithms and programming languages, I will do business cryptocurrency right now

[DarkIT]

At present, there are already many people who are trying to start a business with cryptocurrency. for those who are familiar with technology, and have a business soul, I think they have long been motivated. while for those who are not familiar with cryptocurrency, start doing business by linking crypto to their business such as translate services, typing documents, or other things. it's easy enough to motivate business people to enter the reach of cryptocurrency, namely by explaining the benefits they can get. I'm sure they will be interested, even more so to learn it can be free.

[Arsenyo]

Cryptocurrency provides lots of benefits such as a quicker and less expensive way to accept customer payments when compared to traditional payment types like credit cards, but I think it is too early for small business to except cryptocurrency. Price volatility now it too high, it can have a large impact on businesses.

[bitzizzix]

Actually it is a good idea for small businesses that involve cryptocurrency as a payment transaction tool, but it would be better if the government legalized it first and with that many people would use cryptocurrency for any transaction tool.
if cryptocurrency is prohibited in your country, will your business be successful because only a few make purchases using cryptocurrency because not everyone uses cryptocurrency and of course only a few of them use cryptocurrency to make purchases, you must use both to receive cash and cryptocurrency as a purchase transaction tool and with such methods will make your business successful and growing and you can also promote cryptocurrency to them.

[pinggoki]

What do you think, how many people are ready to sell their goods or services on crypto? Let's say that we have service which help quick and easy to build online store and sell for cryptocurrency. What kind of reasons can motivate people to start a crypto business?

i think small businesses are not ready yet to start crypto... starting up crypto requires huge fund to operate. given the volatility of the market, small busineses wont last long if have small funds. it could loss just in a short time.

Maybe small business can accommodate to start crypto if they have enough funds that can help them to start on a little business, I think if you want to start a business using crypto you don't need a lot of funds because you are just starting, that's why you want to start a business is because you want to earn big. If you really want to start a business you just need an enough funds for your business not necessary a lot of funds. And if you know what are you doing on your business you will not loss just like the others.
So go and risk for it.

[cutesgirl]

Not worry about small or not your business to sell cryptocurrency if you want to serious you can joined with many cryptocurrency, you can sell bitcoin or altcoin with your small business but with not bigger amount, you can ready with small amount and always have get positive respond from costumer and give your trusted with your small business, I think day by day your small business will grow up become bigger business at the future and you can sell cryptocurrency with higher amount.

[boltz]

Don't sell what bring you income for something that you never know how it will be in 10-20 years. If your business bring you nice profits , why sell it ? Its better and wiser to invest your profits into cryptocurrencies , this are facts for me but personally I would never sell my business for cryptos but if you have asked me 3 years ago I would have sell it for sure.

I know a good friend of mine who sold a car wash business in order to buy some masternodes and now 1 year after still has the masternodes and opened a restaurant so yea , we can find examples like this one too but how many of us would have done it ? 

[aysg76]

Don't sell what bring you income for something that you never know how it will be in 10-20 years. If your business bring you nice profits , why sell it ? Its better and wiser to invest your profits into cryptocurrencies , this are facts for me but personally I would never sell my business for cryptos but if you have asked me 3 years ago I would have sell it for sure.

Business usually have three vital personal objective - survival, profit and growth. These three are to be achieved in ascending order. First objective is to recover your cost from business, then earn profit and finally grow your business with profits. But investing profits in bitcoins is too sentimental decision in my opinion. It indicates that you aren't serious about business. Investing is to be done with spare money, not your business money. The same money in business may give much more return than investing the same in bitcoins.

[reality18]

Small businesses will be ready to integrate cryptocurrency into their payment systems once they get to know the importance of cryptocurrency in their business financial transactions. This is why, crypto enthusiasts must always continue with the awareness creation especially to these small scale business owners to increase the adoption of cryptocurrency.

[panganib999]

What do you think, how many people are ready to sell their goods or services on crypto? Let's say that we have service which help quick and easy to build online store and sell for cryptocurrency. What kind of reasons can motivate people to start a crypto business?

The question is not "Are small businesses ready to sell for bitcoin/crypto?" because if its just selling that we're going to talk about, selling is easy, the real question is, are small businesses ready to handle the downside and challenges of getting into business involving crypto currency? Because being culture shocked is the least thing that you should do upon entering.
       On the other hand, in our country, there are already small tech-business that accepts bitcoin as payment and is still operating until now.

[blckhawk]

What do you think, how many people are ready to sell their goods or services on crypto? Let's say that we have service which help quick and easy to build online store and sell for cryptocurrency. What kind of reasons can motivate people to start a crypto business?

If cryptocurrencies are more stable, and in case of bitcoin, transactions are faster, then probably even small businesses would look into it. But with the current limitations and capabilities, I don't think it's viable for these small businesses to adopt, not as of now. It's only applicable to large enterprises where it can attract more customers. It'll be profitable unlike with the small ones. Small businesses, with limited customers, would just suffer with price changes since every small amounts to them is huge enough and can mean success or failure to the business.

[nasipadang]

In making systems such as payment using cryptocurrency is not easy, because the owner must think of several important aspects, aspects of value fluctuations for example. Those who have a small business, tend to be difficult to work with exchangers in their country, because the owner also needs official money for basic needs in their business. But for big business I think there is a no problem if they want to use payment alternatives like cryptocurrency, like "starbuck".

[Edraket31]

Bitcoin's potential is more than enough to motivate anyone to start a cryptocurrency business, always being positive will also help us to do everything without any hesitation, it will help us to face everything with our all might. There must be an upside-down moments along the way of cryptocurrency business but it is all worth it for me, as long as we never give up, there is hope in the end.

Just like here in our country there are very minimal number of small businesses who are initiating and accepting Bitcoin as payment, with this, we are positive that here in our country we are truly adopting the power of crypto as even small business seeing its potential not only for the benefit of Bitcoin but for them to attract more customers to their business.

[Febo]

What do you think, how many people are ready to sell their goods or services on crypto? Let's say that we have service which help quick and easy to build online store and sell for cryptocurrency. What kind of reasons can motivate people to start a crypto business?

Stores and businesses will sell for crypto only if people will be wiling to buy with crypto. There has to be demand first. Problem is that no matter how simple is to use crypto people avoid using it.

[dimox]

in my country, you can have bitcoin but you cant buy and sell with bitcoin. its not currency, but digital asset. but i know if small store or maybe some service provide payment use cryptocurrent. i dont know where is it but im sure the place in big city that many traveler. this is good to provide this seevice, maybe many people have visited that place

[Lmaooo]

What do you think, how many people are ready to sell their goods or services on crypto? Let's say that we have service which help quick and easy to build online store and sell for cryptocurrency. What kind of reasons can motivate people to start a crypto business?

There are many businesses currently accepting bitcoin and other cryptocurrencies as a form of payment. Currently there are over dozens of crypto payment processors for online merchants such as Coinbase, BitPay, CoinPayments.net, Cryptonator, and others. Note that, cryptocurrency is still a very small ecosystem compared to other payment processors for online merchants such as PayPal, Stripe, Visa, MasterCard and so on.