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 !!
Do you mean you provide the ATM for peoples ? I wonder how much did you spend to afford the machines alone.
But if you are the only one and no competitors yet, i think you will be able to gain some profits from your country.
If there are many peoples who using bitcoin in your countries, then you will be good, although im not your financial advisor.
He will need a lot of money to start that business because after he installs the ATM in one or more places, he needs to introduce to people about how to use that machine. Besides that, he needs to determine how much money he will use to promote the bitcoin ATM and how long he can promote his business. I hope that he can calculate how much budget he will need to do that business so everything will under his control.