Cryptocurrencies are the latest craze all over the world. From obscurity a few years back, now almost all finance news has been going on and on about bitcoin and cryptocurrencies in general. From its initial value of basically nothing during its inception in 2009 to the $0.003 per bitcoin in 2010. Since then, saying that the value of bitcoin has been a roller coaster ride will be an understatement.
Bitcoin first took parity with the US dollar in 2011 and since there have been many bubbles and bubble pops. The first bubble was in July 2011, where 1 bitcoin was equal to 31 USD, and the latest and perhaps the most famous, climbing to almost 20,000 USD equal to 1 bitcoin and the bubble burst to the current 6,200 USD equaling to 1 bitcoin.
Now, everybody is writing off bitcoin and cryptocurrencies on the basis that there is no real asset as well as how the bubble has ‘popped’. But remember this, from the initial value of 0.003 USD, the current value of bitcoin is 6,200 USD. This is a rise of 20666.67%. Let us examine the real happening of a user named “SmokeTooMuch” who auctioned 10,000 BTC (Bitcoin) for 50 USD, but no buyer was found. The current value of 10,000 BTC equals 62,000,000 USD, that is 62 Million USD. No wonder, cryptocurrencies have made people millionaires overnight. BitExchange.system provide best bitcoin exchange software.
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So, how do you participate in cryptocurrency? What business model should you choose? Well, starting a cryptocurrency exchange platform might be a viable choice for you. Of course, there are certain requirements that you must meet in order to be able to start a cryptocurrency. First of all, you will need fundings. Starting any business without any funding is a pipe dream and as such you need a certain bank balance before I would recommend you start a cryptocurrency exchange platform.
You will need great patience. As I am sure you may have realized by now, but cryptocurrencies are highly volatile. This means that your cryptocurrency might overnight earn you million or lose you millions. I understand that this statement might make you hesitant to join the cryptocurrency exchange platform, however, do note that blockchain (the technology behind bitcoin) and cryptocurrencies are the future of finance. Almost all cryptocurrency have high volatility which is dependent upon mass psychology however, veteran cryptocurrency investors all realize the one truth to making money, and that is to have patience.
Now that you have the funds and the correct mindset, be prepared to spend the next few months working with tech geeks. You need to hire a team of expert blockchain coders who will work on your cryptocurrency exchange platform and secure it from the backend side, while you need a team of developers who will work on your exchange platform with constant updates, alpha and beta testing while making sure it is secure from the frontend and platform side. You also need to hire a team of digital marketing experts so that your newly created cryptocurrency exchange platform gains the proper visibility as well as the proper branding that you deserve.
I realize, it sounds like a daunting task to fulfil all the conditions mentioned above. However, success requires hard work, everyone knows that. But, do you know what Bill Gates, one of the most brilliant minds to ever grace the earth, once said? He said, “I will always choose a lazy person to do a difficult job because a lazy person will find an easy way to do it.”
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So I identify as a lazy person, have found the easy way to start a cryptocurrency exchange platform. Go to bitexchange.systems and download their ready-made, free to download, 100% source code, cryptocurrency exchange script. Why hassle and toil for something that is being provided for free?
I know that most have huge doubts and concern over free stuff, especially if the free object is the script for a huge investment such as a cryptocurrency exchange platform, however, with the full source code available for download, you can hire a trusted blockchain expert to have a go through the code to find any hidden malware or loopholes. There is no doubt that this will save your time and money. So have a crack at their free cryptocurrency exchange script and start your very own cryptocurrency exchange platform.