Post
Topic
Board Beginners & Help
Re: Crypto business isn't for everyone
by
Kelvinid
on 05/09/2022, 22:19:22 UTC
Conclusion
Crypto business is meant only for patient people with strong heart who are not too greedy and are always ready to learn.
Not really sure if crypto can be a good business model. But for others it is. I am more inclined on it as a technological tool to help ease some process and method to fast track some of the payment of a certain business. Unless the platform is designed specifically to do actual business with an actual product which quite rare for a crypto project. Usually a good business on crypto related are market exchanges, like Binance and others.
Indeed.
For crypto exchanges, I'd see it was growing and profitable but if we just run a small business accepting crypto, not really I think it was good. But of course, the future of our crypto business will just rely on how we manage it because even putting up to other forms of business and if we fail to manage it well, failure is certainly what we got. I agree that business is not all about having the capital but it also having the passion, knowledge, and skill running the business.