OP I think you should change your title to cryptocurrency trading instead of business. But for me, I think there are 4 necessary things that you definitely need before you trade cryptos.
1. Capital
2. Knowledge/skills
3. Patience
4. Risk management
However, despite these 4 necessary stuff that I have shared, the most important of them all is the #4. Because no matter how much capital do we have, or how knowledgeable or skillful we are, or having a lot of patience, risk management matters most for us to be filled with emotions.
I agre with you mate, the most necessary things in business
Capital, knowledge/ skill, Patience and Risk management.
It's the main factor if we want to do business.
Sure, trading and investment.
Patience is the key, when we have bad condition such as dump or long correction.
knowledge or skill It will gain if you do trading or business learning by doing.
Capital, sure It's the main factor. We must have capital at the beginning.