I recently came across the idеa of starting my own crуptocurrency business. At first, the idea seemed wild: the market is so unstable. But then I remembered how a friend opened a small online store a couple of years ago and now makes good money from accepting cryptocurrencу as paуment. This inspired me to think about creating an exchanger or a tokеn trading platform. Do you think it's worth entering this field now? What pitfalls can wait at the start?
Now is a pretty interesting time to launch a crypto business. On the one hand, the market is becoming more and more regulated, which increases user confidence, and on the other hand, competition is growing. I've recently been looking into setting up an exchange and faced a number of challenges, from choosing a jurisdiction to licensing. If you want to avoid unnecessary mistakes, I advise you to read this article about how to start a crypto business. Everything is quite clear there, especially about legal aspects and technologies. By the way, I personally started with the idea at one time too, but after analyzing it I realized that it is better to wait for a more stable period on the market. Who knows, though, perhaps the risk now will just pay off.
It's an interesting topic, but I'm cautious about crypto assets for now. There are too many factors that are difficult to predict, especially in terms of long-term profit. Although, perhaps for those who are willing to take risks and know how to adapt to change, it could be a good start. Keeping an eye on the news and waiting to see how events unfold.
