How would one even begin to start their own cryptocurrency?

[Grant]

How would one even begin to start their own cryptocurrency? I would like to one day start my own currency, that'd be cool. But I doubt I have the technical knowhow to do it.

So, how would one even start it? Do you need a lot of money? Or an idea that can work?

 

[Damscooguns73]

Concerning how would an individual even begin to start their own cryptocurrency. Well, I basically do not know how but it is surely not going to be you alone, you will have to create your own block chain and you will needs some helping hands which might require alot of money. It is better to just invest into it rather than creating one

 

[Alexandoy]

This is also my question for a long time now. How is a crypto currency born - but still no good answer except the mention of the blockchain. I have to admit that the blockchain is hazy to me. Another question that's bugging my mind is the growth of the crypto, how does it multiply - again it is the blockchain that is the answer.

 

[Sotherefore]

This is not advisable if the cryptocurrency you are about to start will not have any meaningful thing they will offer to the cryptocurrency system, for your cryptocurrency projects to succeed you must have something reasonable in your token that will make people to rush it.

 

[btaliat]

It is the function of the blockchains. Though I am not an expert in it but I am sure you will have to use block chain to do this. Though you have a nice idea but there are many coins already to still have more.

 

[Heatman]

How would one even begin to start their own cryptocurrency? I would like to one day start my own currency, that'd be cool. But I doubt I have the technical knowhow to do it.

So, how would one even start it? Do you need a lot of money? Or an idea that can work?

Wow, this is something that I have never ever thought about, in fact it's never crossed my mind at all because the amount of money required to do it is unbelievable.

 

[ahmedo24]

It is not really.difficult to lunch your own coin but ready.to.spend on how to push the coin into market.and makes it popular so that people can easily invest in the coin

 

[Heatman]

There are so many other cryptocurrencies that are not even listed yet and it's not even looking like they would be listed anytime soon, so why look at creating a new coin?

 

[GIFTMICHAEL]

I would love to build my own too, but the technical know-how to operate such is nowhere to be found around me. And it will involve lots of money to carry out such kind of investment creating a tradable digital coin.

 

[Kelly5]

To start your own cryptocurrency, you must be sure to have a very deep pocket, because it is like starting a financial institution type of business and that requires a lot of money to be invested in it.

 

[ahmedo24]

There's also absolutely risk in starting your own or launching on cryptocurrency because it is possible that the coin may not hit the market as possible or projected so the risk analysis should be done too.

 

[Bbmdes]

To create one of course isn't easy but you might do it with some help from experts but is it gonna to hit the market I think that's gonna be your biggest difficulty
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Overall I don't understand this cryptocurrency thing , and if you don't have enough knowledge I advise you to invest your time and money in something you know

 

[Heatman]

Personally, I don't really know how to create a new cryptocurrency and even if I do know how to do it, I would never do it because I can't promote the coin with small or no investment.

 

[Richard92]

it is very difficult to start up your own cryptocurrency but this thing is I think many companies individuals are starting up their own cryptocurrency, there is one thing to start up the cryptocurrency I want him to gain popularity in the cryptocurrency market.

 

[Heatman]

The first question you need to ask your friends about making your own cryptocurrency is how much you have to actually invest or startup your own cryptocurrency?

 

[BrolySSJ]

How would one even begin to start their own cryptocurrency? I would like to one day start my own currency, that'd be cool. But I doubt I have the technical knowhow to do it.

So, how would one even start it? Do you need a lot of money? Or an idea that can work?

You do need money in order to start a cryptocurrency because you have to invest in your own coin in order to give it some value. Also you have to be able to market it and therefore you would need a very good follower base as well.

 

[Heatman]

The question is not how to start your own cryptocurrency or actually starting it but being able to have it come up on the rank table of most useful cryptocurrency in the world.

 

[Sotherefore]

There are lot of cryptocurrency littering around in the cryptocurrency system and some of them do not have any value at all because they does not have anything tangible to offer in the cryptocurrency space that will make people to buy them and in this caseI will not advise you to start your own cryptocurrency if you will not have any Solid potential of the cryptocurrency you are starting.

 

[Senator]

Not everybody is meant to be venturing into starting their own cryptocurrency like that because you think it is good investment. It requires a lot of technical and financial commitment to go into it

 

[Heatman]

A lot of people wouldn't even agree to invest in cryptocurrency and someone is talking about owning a cryptocurrency. How possible would it be in our country where the government is against cryptocurrency?