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Topic: Can you Please Guide me Which is the Right age to start Crypto Exchange Business (Read 446 times)

full member
Activity: 778
Merit: 100
SmartFi - EARN, LEND & TRADE
Do you have any idea on how much it cost to start a bitcoin exchange? it requires you great amount of money considering the security of your exchange, paper work requirements and other stuffs.
indeed, to be able to start a new cryptocurrency business requires a huge amount of money but you have to know what is considered not only from the enormous cost but the project function behind the new cryptocurrency that you created because every cryptocurrency created can grow better and more when the project has a very important function for human life. because if you only make a new cryptocurrency without a project that is very useful then it is difficult to do.
member
Activity: 213
Merit: 10
I think there no right age to start crypto exchange because if you are 17th years, you can start a crypto exchange business and you need another person to help you.
But if you only want to buy crypto, then I suggest you buy bitcoin as the investment and don't think about the other coins. But it will good if you can buy another altcoin for the second investment.

I just asked the question of how good it is to buy it with hope that we will not lose it and this exchanger
As long as you can get the lower price to buy and sell when it increases, then you can make the profit. But if you hold the coins without knowing about the trend, then you will lose your money if you sell. You need to learn more about buy and sell in many sources and try to register in one exchange like Binance, Bittrex, or else.
I have a lot of accounts with different exchanger like bittrex, bbinancemercatox and many others but mostly bought if the token or coin drops the price. so it's a loss
member
Activity: 213
Merit: 10
Age doesn't matter bro wherein just stay away only  on some site that need kyc.  Lol  actually it's not necessarily in my opinion  .as long you understand the concept in order to become profitable with crypto you are welcome every time. But of course educate yourself more to enhance your mind set because being confident is useless on this business.

ah yes yes you are right now i just thought it was necessary age if it was asking kyc. thank you very much i have learned a lot
full member
Activity: 630
Merit: 100
It's not a good time to start an exchange business. There is too much dominance at the top and the smaller exchanges are struggling to compete. You will need to invest a lot of personal capital, don't rely on an ico
member
Activity: 213
Merit: 10
I would like to start a bitcoin exchange and investment business. Though I had lots of confusion, when and how should I want to start my business?  I'm looking for some proper guidance, could you people gave me some suggestions about crypto exchange business. Waiting for your valuable responces
There is no age that is not right to start a business provided you are matured enough to know what the business is all about.
The most important thing s to fully have the knowledge of the crypto currency industry and how it operates, once you are fully aware of this, then you are good to go but I will advise anyone below the age of 12 to get their parents or guidance involve but still have full control of the business.

Also for a novice, I will advise you jettison that Idea for a more easy business till you fully understand how crypto exchanges work which requires lots of knowledge,  you can start by pattering with some of these existing ones around you to really learn about it.

hi sir i am just a beginner in the world of crypto. can you please share me all the details in crypto i want to learn it. thank you sir sir
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
Do you have any idea on how much it cost to start a bitcoin exchange? it requires you great amount of money considering the security of your exchange, paper work requirements and other stuffs.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
I think there no right age to start crypto exchange because if you are 17th years, you can start a crypto exchange business and you need another person to help you.
But if you only want to buy crypto, then I suggest you buy bitcoin as the investment and don't think about the other coins. But it will good if you can buy another altcoin for the second investment.

I just asked the question of how good it is to buy it with hope that we will not lose it and this exchanger
As long as you can get the lower price to buy and sell when it increases, then you can make the profit. But if you hold the coins without knowing about the trend, then you will lose your money if you sell. You need to learn more about buy and sell in many sources and try to register in one exchange like Binance, Bittrex, or else.
full member
Activity: 1064
Merit: 112
Age doesn't matter bro wherein just stay away only  on some site that need kyc.  Lol  actually it's not necessarily in my opinion  .as long you understand the concept in order to become profitable with crypto you are welcome every time. But of course educate yourself more to enhance your mind set because being confident is useless on this business.
member
Activity: 213
Merit: 10
         Crypto transactions have no age restriction. That's good news for you. But age helps you because experience in this business helps you. You must be prepared for this "bussiness". Investments in cryptomonades are long-term investments. In conclusion, you do not have to invest more money than you can afford to lose. For the rest, only your trader's skills matter.


I just asked the question of how good it is to buy it with hope that we will not lose it and this exchanger
member
Activity: 213
Merit: 10
I would like to start a bitcoin exchange and investment business. Though I had lots of confusion, when and how should I want to start my business?  I'm looking for some proper guidance, could you people gave me some suggestions about crypto exchange business. Waiting for your valuable responces
I think age is no matter. What is important is you already know what will be your business, and what to do in future and what to do if problem come so you can solved it fast. Even young or old age is good to start business.

how do you do the right business to avoid losing a business and how do you say it's a dangerous one?
member
Activity: 213
Merit: 10
I would like to start a bitcoin exchange and investment business. Though I had lots of confusion, when and how should I want to start my business?  I'm looking for some proper guidance, could you people gave me some suggestions about crypto exchange business. Waiting for your valuable responces
I think age is no matter. What is important is you already know what will be your business, and what to do in future and what to do if problem come so you can solved it fast. Even young or old age is good to start business.

who are the requirements for starting a business online and how much investment should start with a lot of thanks
hero member
Activity: 840
Merit: 516
         Crypto transactions have no age restriction. That's good news for you. But age helps you because experience in this business helps you. You must be prepared for this "bussiness". Investments in cryptomonades are long-term investments. In conclusion, you do not have to invest more money than you can afford to lose. For the rest, only your trader's skills matter.
I don’t think crypto exchanges business requires traders skill alone, what he intends venturing into is the exchange company itself which is quite capital intensive starting form building their platform and also requires setting up of a location and staffing even though some of them appear to be strictly online but deep inside of some of these exchanges, they fully operate offline too. 

The skill you advise him on is what will make the business run smoothly to avoid being cheated or duped by people he will eventually partner with in the course of establishing it since he also has full knowledge of how the whole system works.
legendary
Activity: 1204
Merit: 1028
I would like to start a bitcoin exchange and investment business. Though I had lots of confusion, when and how should I want to start my business?  I'm looking for some proper guidance, could you people gave me some suggestions about crypto exchange business. Waiting for your valuable responces
There is no age that is not right to start a business provided you are matured enough to know what the business is all about.
The most important thing s to fully have the knowledge of the crypto currency industry and how it operates, once you are fully aware of this, then you are good to go but I will advise anyone below the age of 12 to get their parents or guidance involve but still have full control of the business.

Also for a novice, I will advise you jettison that Idea for a more easy business till you fully understand how crypto exchanges work which requires lots of knowledge,  you can start by pattering with some of these existing ones around you to really learn about it.
member
Activity: 504
Merit: 14
Miracle Tele
         Crypto transactions have no age restriction. That's good news for you. But age helps you because experience in this business helps you. You must be prepared for this "bussiness". Investments in cryptomonades are long-term investments. In conclusion, you do not have to invest more money than you can afford to lose. For the rest, only your trader's skills matter.
member
Activity: 213
Merit: 10
I would like to start a bitcoin exchange and investment business. Though I had lots of confusion, when and how should I want to start my business?  I'm looking for some proper guidance, could you people gave me some suggestions about crypto exchange business. Waiting for your valuable responces

There is no ideal particular age to start any business. The earlier the better. I believe in ten thousands hours theory, so you will be a professional (even like a businessman) only after 10000 effective hours of working on the thing you want to be perfect at.

you are right now that age is no longer the basis for your interest. Even though today's children are looking for income, so here I am asking for help as I like to learn how to earn online business
member
Activity: 213
Merit: 10

you can start at any age but you have to refine your skills, first of all you have to read a lot on the subject, then you have to study the trends through the candles, find an exchange with which you feel comfortable, start with small transactions until you get to trading with leverage , scalping and arbitrage
hello sir how to read through the candle in the exchanger? i would like to learn that sir, because i always lost in scalping i do not know how to read the high chin price
member
Activity: 213
Merit: 10
I would like to start a bitcoin exchange and investment business. Though I had lots of confusion, when and how should I want to start my business?  I'm looking for some proper guidance, could you people gave me some suggestions about crypto exchange business. Waiting for your valuable responces

As long as you have the capital for it then you can start it immediately. Waiting for so much time or answers here will not get you anywhere.
It is your decision and you must have already gave a lot of thought about it or it will just be a waste of money instead.

There are not too many exchange by now. Maybe yours could be better if you can get the charisma of investors and traders.
what's the good coin or tokeb now on the market that it's good to buy? I want to buy it now until december if you can give me a coin with hope thanks to you
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
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how to find out that a token is credible to buy and trade with an exchanger and an exchanger is nice so I can start many thanks

Tokens that have the daily trading volume above $5,000,000 are normally good ones, at least for a time, but the problem is that they are traded on many reputable exchanges, and people will hardly move to your exchange unless you offer better rates. You can take your chances with lesser-known ones, and maybe you'll succeed with 2 out of 10, and that will cover your other expanses. But overall, it's a risky business, and you should be ready to lose several thousand USD.
hero member
Activity: 1932
Merit: 504
I would like to start a bitcoin exchange and investment business. Though I had lots of confusion, when and how should I want to start my business?  I'm looking for some proper guidance, could you people gave me some suggestions about crypto exchange business. Waiting for your valuable responces
I think age is no matter. What is important is you already know what will be your business, and what to do in future and what to do if problem come so you can solved it fast. Even young or old age is good to start business.
member
Activity: 213
Merit: 10
Start to find relationships in crypto, like experienced people. Please invest or trade in small quantities first. My advice is to find people who are experienced, and offer business to them. (search around your area)

how to find out that a token is credible to buy and trade with an exchanger and an exchanger is nice so I can start many thanks
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