How would one even begin to start their own cryptocurrency?

[Ralphjoe]

To creat a cryptocurrency of your own will come cheap for you as an individual to single handedly emback on. It has to be someone with enormous amount of cash and wealth to set it up

This is just the truth because it will be quite difficult for an individual to start up your own cryptocurrency unless if they're actually very Rich. Cryptocurrency project is a very expensive project that companies and organisations do and not individuals.

 

[joy101]

If its possible I will like to start my own too but I don't think it is possible for one to start he/her own cryptocurrency, a lot of people will like to have.

 

[Heatman]

When all the cryptocurrencies that we have right now and I've already made investments in are facing a lot of crisis why would someone be looking to start up a new cryptocurrency?

 

[Chibson]

Cryptocurrency requires a lot of marketing in order for people to trust it and start investing on it. If your marketing is not good then you will not succeed.

 

[Heatman]

Seriously without the world being aware of the existence of any new cryptocurrency and those billionaires that we know that already invested in Bitcoin Ethereum and the rest to invest in the new coin, it's as good as dead.

 

[Aaron625]

Well usually the new crypto projects start with bunch of free tokens offered to the community as airdrop , the selfdrop where community buys the token at low price using eth or bnb. Then the crypto gets listed in some exchanges and becomes tradable.

 

[Kelly5]

Before one can even begin of thinking of starting their own cryptocurrency, you need to look at how wealthy and rich you really are because starting a cryptocurrency requires a lot of huge capital investment

 

[Heatman]

Before one can even begin of thinking of starting their own cryptocurrency, you need to look at how wealthy and rich you really are because starting a cryptocurrency requires a lot of huge capital investment

Seriously, the amount of money that is required to be enough to start up a new cryptocurrency will be running in millions of dollars which not everyone can afford at the moment.

 

[Chibson]

Marketing is very important for anyone who really wants to start a cryptocurrency because if nobody is willing to invest in your cryptocurrency then it will not be valuable.

 

[tyrim88]

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

One of the observatons i have seen over time is that some persons who actually come up and launch their own cryptocurency do not really have the capacity financially to sustain the value of the coin long enough for it to start having investors confidnce.They usually abandon it after sometime.

 

[Nurudeen]

Crypto currency is actually a project. For you to get started all you need to do is to create a white paper and list all you intent to achieve with the coin to be able to convince investors to invest in your coin

 

[ahmedo24]

Crypto currency is actually a project. For you to get started all you need to do is to create a white paper and list all you intent to achieve with the coin to be able to convince investors to invest in your coin

yeah this whitepaper are usually convince a lot of investors to invest in the coin and some promoters too so it is very important your white paper should be rich and very convincing before beginning any other process in launching your own cryptocurrency.

 

[eLdavis]

I think someone once said it has to do with mathematical equations or something like that. But the various persons I have seen go into these area of crypto creation are usually does in fields like physis, mathematics and the likes

 

[Heatman]

There is actually nothing that is going to push me to try and start up my own cryptocurrency because I don't really have the necessary resources or financial capability to do that.

 

[Filicit]

Ti start your own crypto currency you will have to obtain legal counsel first, attain funding for your business, find a technology solution provider before going live for beta testing

 

[Heatman]

There are so many worthless cryptocurrencies that existed in the world right now and it's because that a lot of people are looking for ways to start up their own cryptocurrency that they don't really have the resources to push up to become valuable.

 

[ahmedo24]

As a newbie in the cryptocurrency business you need to be extra careful and preferably you invest coins that are already popular especially the ones that have their blockchain such as bitcoin, ethereum, Ada, Matic, BNB, Tron etc

 

[Heatman]

Starting my own cryptocurrency is something that sounds like a great idea but the honest truth is that I don't really know how to do it and I can't even afford it.

 

[Shigobad2020]

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.

I have never thought about starting my own personal crypto currency, it's not worth it because we have more than five thousand different crypto currency coin right now.

 

[Sotherefore]

I have never thought about starting my own personal crypto currency, it's not worth it because we have more than five thousand different crypto currency coin right now.

Out of those 5,000 different type of cryptocurrency that are circulating around the cryptospace I can say that only 2,000 of them are able to offer something reasonable for people that is why some of them has a stagnant price.