Can you Please Guide me Which is the Right age to start Crypto Exchange Business - page 2.

jrolivar

member

Activity: 213

Merit: 10

Quote from: maculeth on February 22, 2019, 09:09:03 PM

Do you want to make the exchanger site? or do you just want to be a trader playing on the exchanger? if you want to make an exchanger, then all you have to do is form a team first to develop your project. then the funds needed to build your project. if everything is ready, anytime you can start it.

I just want to invest a project to buy an exchanger. you want to build your own company and you know that there are many fake colleagues who pretend

jrolivar

member

Activity: 213

Merit: 10

Quote from: Kevin77 on February 21, 2019, 06:53:26 AM

Quote from: jrolivar on February 21, 2019, 03:27:35 AM

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

Crypto exchange business is a tough business that requires too many stuff. From development to features to graphics to design to marketing to security. People with millions of dollars invested into it with a huge team still could fail at it and they do, look at places like kraken and poloniex that used to be something but now failing horribly and they are huge business' that fail.

Hence, if you want to start your own exchange at a young age know that it is quite hard to break into that business and almost impossible to make profit while running it as a one man operation. You would need experts of all topics mentioned above and you would need a lot of capital to do your own marketing as well. If you do not posses the capital and man power for any of that I would suggest not to bother with it.

hi sir I do not have to build my own exchange so I just want to buy tokens for exchangers who have a token token with the future. I want to make a change

jrolivar

member

Activity: 213

Merit: 10

Quote from: septi.JR on February 21, 2019, 06:35:56 AM

if you have funds and also a team that is able to understand several aspects of trade and technology, don't waste time, right then you have to start with careful planning and the right targets

hello how do you know that the coin n you will buy has a high expectation because i intend to buy thank you

TIDOVEE

sr. member

Activity: 1246

Merit: 255

I don't think there is a specific age one should start crypto. Although it is advisable to do it at the time it won't distract other necessities of ones life, such as education. And one still need to be atleast matured enough to handle the fortune.

xuv500

member

Activity: 406

Merit: 11

It's good to invest in a younger age itself and you can make some valuable profit after few years if you make huge profits. If your efforts are genuine and honest I am sure you can look after few years where you can get a descent profit.

terrorJR

sr. member

Activity: 1302

Merit: 250

Regardless of age, but to invest early, it is better, and do not delay delay for good things, suggestions here must be a lot but what you can do is do it.

joshv06

hero member

Activity: 991

Merit: 500

Mate there is no any specific thing like age in crypto currency, Remember that age is Just a number If you have some wealthy amount you can make Investment immediately without looking back. Also you will get confused If you want to take suggestion from this forum, make use of Internet and try researching on your own to get a clear idea.

richmcrich

hero member

Activity: 1120

Merit: 507

Quote from: Svelto on February 21, 2019, 04:06:33 AM

As long as you meet the legal age in the country you are registering the company, it should be fine. Bitcoin exchange business require huge capital for the trading interface, marketing and security. I suggest that you do some research on the upfront cost involved and plan your business accordingly. Good luck to your venture.

Well, not all the countries require you to have a certain minimum age limit. Some of them do. And those who do not might enquire you for the amount you would out in the business. So it is better to complete high school, learn about how things work and get in the business once you are legally out of the age. You would not have to give any proof of anything for the money you put in the business.

Gabteb

sr. member

Activity: 812

Merit: 256

I don't understand why you need to know about the age if you have enough skills and money then start it bro where is the problem no matter you are 18 20 or maybe 30 if you understand how it works then try to do your best and make money on it but you must know it's not so easy,many exchanges were hacked last times.

ajqjjj

hero member

Activity: 1498

Merit: 507

Not your Keys, not your Bitcoin

Quote from: jrolivar on February 21, 2019, 03:27:35 AM

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

It is not a simple work for beginners because you need more knowledge in crypto platform and future innovation. Nowadays many exchanges are available in the market but everyone some Innovative technique is add the crypto exchange so research something new subject. Crypto investment is easy platform for high margin traders so try to participate in promising platform low level profit enough for beginners.

bitgolden

legendary

Activity: 2996

Merit: 1132

Leading Crypto Sports Betting & Casino Platform

Quote from: jrolivar on February 21, 2019, 03:27:35 AM

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

In my opinion I would say there’s no right age for investment. Start today and I mean NOW. Now I would like to mention my kid brother’s experience. First when he heard about crypto currencies in 2013 when it’s rate was around 100–150 USD. At the same time, I advised him and he thought It’s not right time to enter.& then wasted 3 years to just watch the rate chart & entered when it’s rate was 5000 USD. Although his investment has been double

tonibyuzen

jr. member

Activity: 168

Merit: 1

“Justice as a Service Infrastructure”

In my opinion, to come to a market where there are already many competitors is impossible without the necessary budget and innovative ideas. If you do not have such advantages, your business will quickly go to the bottom. Therefore, my advice is to study the products of competitors, identify problems and disadvantages, and offer a product that can eliminate them.

Betwrong

legendary

Activity: 3374

Merit: 2198

I stand with Ukraine.

First of, research about your potential competition. Opening a crypto-to-crypto exchange is already too late imo, unless you have millions of USD for hiring the very best specialists and promoting your exchange so that every crypto holder/trader knows about it. But opening an exchange where people can sell crypto for your local currency and vice versa is another thing, and it can become popular even without any advertisement just because there is a lack of such exchanges in your area or because you have better rates. I'd say if there are less then 10 of such exchanges in your country, you can try to implement your idea, and there are good chances of success even without big investments. Good luck!

Mcmich

member

Activity: 280

Merit: 10

I don't think you are far from getting into the crypto business. For you to be here and know your way around, I guess you are good to go.

jrolivar

member

Activity: 213

Merit: 10

Quote from: jooj2 on February 21, 2019, 06:14:48 AM

To start a crypto exchange business, you need more than personal age range. exchange business is a very difficult field, principally a crypto exchange business.

Is the crypto exchange useful at any time before starting your business online? I want to start it

jrolivar

member

Activity: 213

Merit: 10

Quote from: ethereumhunter on February 21, 2019, 06:00:23 AM

Although I don't start any business now, I think the first thing you need has a team to work together with you because it's impossible to work by yourself alone. You need to delegate to them, who will be in charge to be a person who will do marketing promotion, who will be responsible with the security of the website, and something like that. You need to determine what pair you want to use to trade, how the site it looks.

Do your research so you can understand how the exchange works, don't forget to make your exchange legal by contacting your lawyer or institution in your country so you can get protection from them. Determine how much money you want to use to build your exchange website and make a record for each expense that you spend so you can know how much money you still have. Besides money, you should know about the risk to build a website especially if you want to start an exchange website. The most important is you know how you can protect your customer aka traders that are trading in your exchange, so you need to hire someone to handle the security.

And when everything is set up, then I think you can ask some people to do a trading test in your exchange, and you can ask them to gives a review with the website so you can know where part you need to fix or maintain. By doing this, you can get a better result, and when the time is ready, you can announce to the public that your website is ready to start as a new exchange.

hello thank you to your gentleman but how do you know if a team member is real? I'm always curious to know my acquaintances

puremage111

hero member

Activity: 1568

Merit: 511

I think age doesn't matter there
But it is more off an how much effort you put in to your business

Crypto exchange can be coded if you learn about programming, a little background of blockchain and wallets and so
More learning, start earlier

Marvell1

legendary

Activity: 2408

Merit: 1102

Leading Crypto Sports Betting & Casino Platform

Quote from: jrolivar on February 21, 2019, 03:27:35 AM

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.

mr.robot8

full member

Activity: 938

Merit: 159

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

danherbias07

legendary

Activity: 3318

Merit: 1133

Leading Crypto Sports Betting & Casino Platform

Quote from: jrolivar on February 21, 2019, 03:27:35 AM

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.

Topic: Can you Please Guide me Which is the Right age to start Crypto Exchange Business - page 2. (Read 462 times)