Entrepreneurs Opportunities in Bitcoin Exchange Platform
“Entrepreneurship is living a few years of life like most people won’t, so that you can spend the rest of your life like most people can’t!”
The real magic starts with Accelerating your trading business with latest cryptocurrency trends to Entrepreneurs as innovation for economic and global growth as they create start-ups which makes the customers and in return customers create jobs and economic growth which is beneficial for both consumers and entrepreneurs.
Why should an Entrepreneur beat the bushes for Bitcoin Exchange platform?
As the scrutiny indicates an invincible fact such as “In 2013, the fee charged for money transfer would have diminished by 90% if bitcoins had been used by many of the users in various industries. The fees had fallen almost $ 150 billion to $ 104 billion when using bitcoins instead of fiat money and they can be the game changers for many of the small scale business as they are being emerged day by day”.
A report says that since 2012, the usage of Mobile phones and its penetration to people’s life is above 75% even though more than half of the world’s population does not even have bank account. So having a spark, how would it be for people to pay in bitcoins through mobile applications as it enables easy and secured transaction and payment methods?! Apparently, the need for bitcoins is higher than the expected ratio.
Bitcoins has been depicted in various forms such as the future of money, drug dealers dream, trans-formative and so on. BTC has the competence to change the way we make bank transactions, money transfers and the value of money in today’s world. There is a wider acceptance of bitcoins as payments in many industries such as Pizza hut, Foodler, Dominos, The D Las Vegas Casino hotel and some more. Isn’t the immense diversity that occurred in the business world?!
Bitcoin being an digital assest, it is becoming a contemporary combination of technology and finance with global reach as it is very exclusive which may change the global financial ecosystem with highly secured authentication of transaction and record keeping mechanisms adopted. Also the value of bitcoin purely depends on the investor who is ready to pay for it as there are many order types which will favor the user’s thought in bitcoin exchange platforms. Even though the value is predicted with market prices, the order types will act as a boon to traders.
Entrepreneurs can luster in Bitcoin business, if they perceive on the following:
Be fair about your Target Market
Your instinct can say that you can target globally as you need to have a platform worldwide which will lead to 100% profit. Unfortunately, it is a pure falsehood! You should be specific about the target market which works for you and it also depends upon the product you choose to deliver to the consumers. So be clear about it.
Narrate the fantasy behind your start-up
Gaining consumers attention to your start-up is hard, so tell them a fascinating story which triggered you to begin this idea.
When you travel in the same path what others do, you will not be recognized. Do drive in the opposite direction, even if you make a mess so there you will be noticed.
Of course, there will be failures but what if Steve Jobs quit his innovations when he was fired from his own company by the board of directors and we would have never had an Apple which has taken our technology to the next level.