Tempted to Start Your own Cryptocurrency?

[KKH84]

It's actually really good, making your own crypto.  But innovation and ideas are needed that can make people accept our crypto projects, not just creating and promoting them without doing various research, so that it will be able to make the crypto that we make able to survive on the exchange and not become a crypto entertainer.

[Malam90]

If i have enough resources, technical knowledge and experience, aim to focus on the future demand, obviously i will create my own project with own Coins not tokens. I will implement my resources and technical knowledge in the project with honesty and sincerity to be successful in the project implementation and making success. But to be honest, i have no knowledge about project making and no resources.

[anatolijbaderman]

It is not necessary to create your own blockchain now. Many projects successfully exist using the Ethereum, TRON or Waves blockchain. Take, for example, the cryptocurrency Yubsra GLOBAL, so beloved by me. This coin exists on the Waves blockchain and has a very developed service infrastructure and a developed community. And all this on the Waves blockchain. Therefore, today it is much more important not the technical component of your blockchain or not, but what you offer your users. Therefore, it is quite possible that it makes sense to focus on the idea of ​​the real use of cryptocurrency (as, for example, they did in YUSRA GLOBAL) and not on the technologies of another super high-speed blockchain.

[Condorlaib]

If a person is truly a professional and has a specific goal with a vision of the final product, then in this case it is quite acceptable to create a specific project that will be competitive in the cryptocurrency market. But if only to create something of your own there is no point, thereby littering the entire cryptocurrency market with garbage projects.

[Lenipiw]

I do not live in a country where the use of Bitcoin or cryptocurrency is widely banned. In our country, there are no restrictions on investing in the cryptocurrency market or starting any other activities. However, if the maximum amount of transactions is more, they are covered under money laundering. I don't think these are very active in our country. Because many members of the government party are involved in bitcoin or cryptocurrency. So even if there are restrictions in any country, they are not obeyed very much.

[MrSpasybo]

The majority of members of the crypto community want to make as much profit as possible. Only a few, I think the #DevelopmentTeam s of the projects and real fans, want to build the DeFi ecosystem.
So if someone has a lot of money, he will think of becoming a crypto investor instead of creating a project and issuing his own token. That requires more investment than money.
Of course, if he wants to make a lot of money in a short period of time, he can create a project and a worthless token, then go toke-sale and run away
Personally, I used to have an idea for my own token, but I know I don't have the resources to build an ecosystem for it.

[Jaephoenix]

To be honest, I have been tempted several times. And to make the temptation more potent, it is easier these days to create Ethereum based tokens out of nothing and organize an IEO. Maybe I can try that out one day. Wish me luck

[Dociko]

People all over the world have a free market to invest in cryptocurrencies. I think people all over the world are able to invest in cryptocurrencies. However, there are restrictions in some countries. Cryptocurrencies can also be invested in from those countries. These are available through trade within the country. So I think all over the world, even if it is banned in any country, the transaction is possible.

[Jaguar]

To create your own crypto you must well verse in code and practical effective strategy to make it real and not just a token for garbage. You must be creative to make your coin competitive to other well known coins. You must also possess the heart of a web dev to show the structures of your ideas. Of course you must have a team to verify your not scammer.

[carcas]

I don't understand your sentence about making millions of money with cryptocurry. Do you mean to make your own coins or tokens? If you only mean to buy Bitcoin or other altcoins it is impossible for you to only get profit. Maybe you can get a loss in the next year

[Istiak]

If everybody starts issuing their own cryptocurrency then it will lose its value. There is no way you can use millions of dollars with a shit project. People are not that dumb that they will invest millions of dollars in any project without judging its potential and future plan.

[MRM]

There are many cryptocurrencies around the world. There are many types of collapse. In some countries, there are restrictions on the promotion of cryptocurrency projects. Even then what benefits many countries gain wide popularity. Cryptocurrency is the choice of many people around the world. Users also use cryptocurrency transactions in most foreign countries. So I think cryptocurrency is more popular in new ways.

[sampoerna]

Why create your own token? Just a waste of time for me. Moreover, we know that the problem of tokens is not at the time of creation but precisely how to make them accepted and also survive in the market. And this is more and more difficult. therefore, I am very disinterested in it.

[Tnoy30]

Cryptocurrency is restricted in many countries. Governments in some countries do not support cryptocurrency. However, the governments of some countries support cryptocurrency but it is not published. So I think if the government of any country supports cryptocurrency, then the popularity of cryptocurrency within the country will increase even more. Then the big companies and businesses of that country will start doing business commercially. So Bitcoin is not approved in almost all countries.

[Thymoty]

Honestly, I'm also interested in being able to launch my own crypto coin. But the problem is that I lack the resources, team and knowledge to start it all. So I think it would be good if a platform could help crypto-enthusiasts launch their own coins, but at a lower cost.