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Entrepreneurship in cryptocurrencies?

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As crazy as it may sound, converting your investment in cryptocurrencies could be a great way to become an entrepreneur. That’s right, cryptocurrencies can become a great entrepreneurial engine to create a startup and become the entrepreneur you always dreamed of being.

Here we will tell you 4 ways in which you can become an entrepreneur using cryptocurrencies to your advantage. This way you will be able to use your Crypto Boom investments as a good way to create a company, grow and attract more talent which will translate into benefits for you, your family and community.

Create your own cryptocurrency

This might sound crazy, especially when you are a beginner in this market, as creating a cryptocurrency is not as easy as you might think. First of all, you have the hurdle of understanding how the blockchain works and how you can develop one yourself.

Fortunately, there are more and more platforms and companies that offer you the possibility to develop your cryptocurrency easily. Maybe in a few years we will see how you can create your own digital currency as if it were a SaaS using cloud-based or internet platforms.

Offer advice

If you are an expert in the world of cryptocurrencies and you have a complete and attractive portfolio in hand with good experience and knowledge, this can be a great idea! You can opt for such knowledge and expertise to help others to invest in cryptocurrencies without complications.

There are many options, for example, you can make use of your portfolio and show people how they too can reach those results. You can also create investment guides, cryptocurrency recommendations or become a kind of broker by creating your own digital currency portfolio.

Data analyst and reporting

Data is your best friend when you have decided to buy cryptocurrencies. If you are an expert or have been in the market for a long time, this is something you already know. If you don’t have the right data, you won’t make the right decisions and therefore, you can lose money or at least not make as much.

What these startups do is to search for data and analyze the behavior of cryptocurrencies in order to create analytical reports and data for investors and the market in general. If you manage to obtain valuable information, the price of this service can be attractive.

Private-to-private trading

As a kind of mini-marketplace, this can be a fairly simple way to get started in cryptocurrencies. All you have to do is buy the cryptocurrencies yourself and then resell them to your customers or friends.

While there are already platforms such as brokers and exchanges that do this, not all users enjoy the idea of accessing such platforms. Thus, you will act as a kind of courier who will go to buy the cryptocurrencies and resell them to private wallets of users who are not connected to the network.

 

Kossi Adzo is the editor and author of Startup.info. He is software engineer. Innovation, Businesses and companies are his passion. He filled several patents in IT & Communication technologies. He manages the technical operations at Startup.info.

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