Post
Topic
Board Bitcoin Discussion
Re: IS BITCOIN ATM PROFITABLE BUSINESS ?
by
FIFA worldcup
on 03/02/2019, 16:01:19 UTC
For the past few week i having thinking about Starting My own  bitcoin ATM company , i have been  doing allot of research about it and its seems there going to high  cost as start up  .. My country is the one top 5 africa countries that uses bitcoin but yet i have never seen any bitcoin ATM here . I really need advice from you guys .  Is bitcoin A profitable Business and if you any manufactures of this ATM you can recommend to me !!

It depends upon which country you are planing to start this ?  It can only be started where bitcoin is legal and governments has no objection in bitcoin business.


Yes, this is a profitable business, but be prepared that at first there may be few customers, since many will not want to shine, they know about the bottom in general. There are many reasons for this. But in general, the idea is very good, and it needs to be deliberately implemented.

You need to support your opinion with complete project plan on how profitable this business can be and what will be the investment profit ratio ?