asking invest in crypto

[escanoernie]

i want to ask and get some opinion, i have some plan to invest in crypto but im still thinkinig between 2 options : make altcoin and launch it, or make exchange/trading website.
how you guys thinking more profitable ? those kind of business surely need big investment to promote/marketing but my point is which is have the less failure ?
now so many trash coin in the market also but other side is if we have real plan then it would be good investment for future

 

[Nut-Nights]

None OP? If you really got good $$$ why not invest on some membership or b2b product with stable income?

 

[escanoernie]

@Nut-Nights can you explain what kind some membership or b2b product ? im looking on some exchange/trading site like binance and bitfinex which is tons of people trading there, also like some altcoin have success with their business.
im not yet thinking about b2b product or membership. but if you talk about b2b product with stable income , do you mean buying an existing business?

 

[awesomewebsites]

How much is your budget ? Option two is better as income will be stable.

 

[mickyfu]

How much is your budget ? Option two is better as income will be stable.

My guess is no more than $100.

 

[escanoernie]

My guess is no more than $100.

should i tell to public how much money i have ? or maybe its better if i just tell to your parents how much money i have

 

[Gogol]

Both need big bucks to even get started. IMHO you will be better off starting a crypto exchange if you can bear the expenses (atleast ROI wise, think positive here).

My guess is no more than $100.

For that amount he can surely have a good lunch somewhere lol.

should i tell to public how much money i have ? or maybe its better if i just tell to your parents how much money i have

That is not an absurd question lol. You are asking for something that needs a big budget. Nobody is asking how much money you have. They are asking for the project budget. Take it easy dude.

 

[mickyfu]

should i tell to public how much money i have ? or maybe its better if i just tell to your parents how much money i have

Two pound forty?

 

[awesomewebsites]

should i tell to public how much money i have ? or maybe its better if i just tell to your parents how much money i have

In case you are going to invest all the money you have on this project, you should reconsider that.

 

[mickyfu]

OK, let's be serious then. You'd need millions for either.

 

[b1step-ahead]

i want to ask and get some opinion, i have some plan to invest in crypto but im still thinkinig between 2 options : make altcoin and launch it, or make exchange/trading website.
how you guys thinking more profitable ? those kind of business surely need big investment to promote/marketing but my point is which is have the less failure ?
now so many trash coin in the market also but other side is if we have real plan then it would be good investment for future

Def make your own. Call it potato coin or potcoin- You're bound to get someone to invest 5million. Reminds me of the late 90's and .com craze. Everyone was getting investment capital for doing nothing. Give it a shot.

 

[seotrick007]

i want to ask and get some opinion, i have some plan to invest in crypto but im still thinkinig between 2 options : make altcoin and launch it, or make exchange/trading website.
how you guys thinking more profitable ? those kind of business surely need big investment to promote/marketing but my point is which is have the less failure ?
now so many trash coin in the market also but other side is if we have real plan then it would be good investment for future

You'll make bitcoin & launch it ? If you are a Billionare then your Idea may be profitable.
But if you are in ordinary guy, then never try for that.
There are 1000s of Altcoin already in the market, nobody knows there name too. Only those ALTCOINS which has good capital are running successfully.

 

[escanoernie]

You'll make bitcoin & launch it ? If you are a Billionare then your Idea may be profitable.
But if you are in ordinary guy, then never try for that.
There are 1000s of Altcoin already in the market, nobody knows there name too. Only those ALTCOINS which has good capital are running successfully.

thats what i thought about what i wrote in my thread, so many trash altcoin now. but even has good capital how probability of success in altcoin ? in this case we do business with trash altcoin arround, what the points of marketing needed beside good whitepaper and roadmap ?

 

[Sherb]

Typically for a successful altcoin project (of which there are very few), you should come up with your problem FIRST, and then determine how blockchain and a utility token, or something that requires decentralization, would fit in.

It's a lot more than just "okay I'll write a whitepaper and make a roadmap, slap a team page together and pop an ERC-20 up". If you want a fighting chance at something even close to successful, you need to be passionate about your project, and have the team and advisers behind it that can make it come to fruition.

People dumping money into crypto nowadays aren't just tossing it at whatever sticks. They are looking for projects that they actually want to invest in.

And the capital required to start an exchange that would rival the current big-shots would be insane. With your current thought processes, this shouldn't even be on your radar. Especially when you aren't even willing to disclose available capital for this project.

 

[seotrick007]

thats what i thought about what i wrote in my thread, so many trash altcoin now. but even has good capital how probability of success in altcoin ? in this case we do business with trash altcoin arround, what the points of marketing needed beside good whitepaper and roadmap ?

- You have to create an opensource of your currency(alt coin) ; so that everybody can know all about it. After that , start the procedure to enlist yourself with some exchange market.

If you have some good capital, why not you are investing in Crypto-Wallet? And there, you can create your own Coin which can be traded with fiat currency & can be used to buy ALt Coin. Start from there.

 

[escanoernie]

Typically for a successful altcoin project (of which there are very few), you should come up with your problem FIRST, and then determine how blockchain and a utility token, or something that requires decentralization, would fit in.

It's a lot more than just "okay I'll write a whitepaper and make a roadmap, slap a team page together and pop an ERC-20 up". If you want a fighting chance at something even close to successful, you need to be passionate about your project, and have the team and advisers behind it that can make it come to fruition.

People dumping money into crypto nowadays aren't just tossing it at whatever sticks. They are looking for projects that they actually want to invest in.

And the capital required to start an exchange that would rival the current big-shots would be insane. With your current thought processes, this shouldn't even be on your radar. Especially when you aren't even willing to disclose available capital for this project.

nice comments, thanks but in my mind is not token or ico i would do since i saw mostly ICO are scam. so im thinking before to make altcoin such as like ripple or dash coin

 

[escanoernie]

-
If you have some good capital, why not you are investing in Crypto-Wallet? And there, you can create your own Coin which can be traded with fiat currency & can be used to buy ALt Coin. Start from there.

cryptowallet like coinbase which is allow many crypto currencies ?

 

[mickyfu]

cryptowallet like coinbase which is allow many crypto currencies ?

Let's be honest. This is just some teenage fantasy isn't it. You wouldn't even have a clue where to start even if you had billions.

 

[seotrick007]

Like GREENADDRESS, BRD Wallet, COPAY etc.
Coinbase is Exchange service especially.

 

[escanoernie]

Like GREENADDRESS, BRD Wallet, COPAY etc.
Coinbase is Exchange service especially.

its a multi crypto wallet. but with fiat currency its very difficult i think since its need license by goverment which is it take time bit long. unless it crypto to crypto not fiat to crypto or the opposite and also have to looking the country who can give the license easy or at least supporting for crypto. in my country bitcoin is banned. but anyway good idea and thanks