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 !!
1st you have to decide,you sell that bitcoin soon as they received from ATM user or hold that.Main aim of running business is profit. If you chooses to sell soon as they received,best thing to do is and extra fee when your ATM users when make withdraw.That fee will be your profit.(simply saying this.there are many ways) If you choose to hold responsibility goes to you.If prize goes up.You win.You can counts your profits ..If prize goes down,you loose.