How would one even begin to start their own cryptocurrency?

[HayKay]

Creating Your Own currency would involve a whole lot of investment - you need a lot of programmers and a lot of supercomputers that will create your own blockchain. It just definitely not an easy task

 

[Dagm1]

To begin your very own cryptocurrency, you should make sure to have actually an extremely deeper wallet, since it is actually like beginning a monetary organization kind of company which needs a great deal of cash to become purchased it.

 

[Thinker009]

I think at first you need to plan on the network you would launch the coin you are starting on , either on creating your own network or using other coin network like eth , cardano

 

[Trexxxy]

I'm not sure about the process to start, I know it will take months of hard work and coding to start a crypto. I will like to know the processes involved as well.

 

[kayode10]

Most people don't know that it takes more than just knowledge to establish a new cryptocurrency. The cryptocurrency you want to set up must be backed by something that has more value than money.

 

[Nomad]

Dogecoin was created just in 3 hours, which means creating a new crypto currency is not difficult and time consuming. I have found a how to build your own crypto currency course on udemy. I am going to try the course.

 

[Heatman]

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.

With the number of cryptocurrencies that are available in the world right now and which most of them are useless cryptocurrency is not encouraging for you to start up any new cryptocurrency now.

 

[Elfinito]

So many individuals are starting their own crypto currency. It all depends on your vision and determination to see it done
But first, you must have a lot of savings
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To start a new crypto you will need to save big for it because it involves a lot of money and time.
You will need the knowledge of professional in that field
[automerge]1637175259[/automerge]
To start a new crypto you will need to save big for it because it involves a lot of money and time.
You will need the knowledge of professional in that field

 

[Toyoabasi]

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 can get knowledge from an expert or undergo proper training.
You will need money to generate your own block chain. I think a lot of money is needed for that.

 

[Sotherefore]

It is a complicated process but I think the smart chain network has make it even possible for people to start their own cryptocurrency without going through all the process of the ethereum network, even with this I still do not know the answer of how it is being done.

 

[greenie]

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.

 

[Bousine123]

Starting your own bitcoin will require money of about $200-$500, there is need to also find a technology solution provider and finally implement the best security practice.
If you don't have money to start your own crypto currency, just forgot about it, because you need money to start it and also make it valuable, then you also need to partner with a payment process.

 

[Lens]

If you Intend to create cryptocurrency, you would have to ensure that you have the technical know how. You could establish your own token on the ERC-20 ethereum platform. That's where developers create cryptocurrency.

 

[Ononivami]

You could explore the opportunities provided by the ethereum platform to create your own token. Creating the token Is not difficult but to get it listed in the cryptocurrency market is what matter most.

 

[Sotherefore]

It depends on the network, using an ethereum or a smart chain network makes it simpler for you to create your own cryptocurrency but even with this the act of marketing your cryptocurrency to gain thousands of followers is not easy.

 

[Sincerem]

To start your own crypto currency it would certainly take time and much investment capital to get it running smoothly. You will have to get developers to design the coin and also provide a marketplace where the coin is used as a mode of transaction, this is the way you get to increase it's value.

 

[Ezekiel]

Starting your crypto currency is not easy,well that is where most person get it wrong they feel that crypto currency is what you wake up a day and just start,you will need to undergo some process and have developers and programmers with indepth knowledge of crypto

 

[Shigobad2020]

Dogecoin was created just in 3 hours, which means creating a new crypto currency is not difficult and time consuming. I have found a how to build your own crypto currency course on udemy. I am going to try the course.

That was a huge feat , for a coin to be created within a short period of three hours , though creating a new coin doesn't take much time but we have more than five thousand coin out there that are valueless .