Please i will like to know what it takes to create a cryptocoin, the knowledge that is needed, the capital that should be invested and how to get it promoted for it to be successfully accepted. If there are short ways of achieving this with no risk i will like to know. Thanks.
If you want to create a new coin from scratch you are looking at a lot of money and a lot of time invested. Forking off an existing technology will reduce that cost and time involved. The cheapest is creating a token on an already existing blockchain. A more important question you should be asking is what is the use that you wish to put this token of coin to work on? What problem will it solve and how? From there you can start looking if the technology already exists to do what you want to do or do you need to start from scratch.