Quote from: Khaos77 on February 04, 2019, 08:35:43 AM

Quote from: Teamfearless on January 29, 2019, 07:05:05 PM

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 !!

No one here can answer that.

It literally all depends on you.

You need to calculate all of your startup costs, then maintenance costs.
Do you have the resources to run it for months with no income from it.
Can you afford to switch locations, if it turns out to be a bad one.

What will you do if someone damages it?
Are you prepared for legal requirements that could close it before you see a profit?

It is like any business, in the end, your choices & determination will be the final arbiter of whether or not the business succeeds for you.

A simple choice such as location may be the difference between whether the business is profitable or an utter failure.
And you always make your best decision, but to succeed, you need to be able to weather a few mistakes with no profits.

Good Luck.

I do not agree on most of your points here. There a lot of Fiat currecny ATM in our country and no one damages it. Why would anyone damage the Bitcoin ATM ?
Also no one will close it because you will only start the BTC ATM once you have taken permissions from the legal authorities.