Some advice for people who want to create their own currency

[percare 3192]

The problem is that we have thousands of coins and most have failed. Maybe a few are still hoping that someone will start buying them and just exist but they are not creating anything. It is about DeFi now and the trend can change to NFT as some are trying but we need ethereum with lower fees for this.

[mahmud93 231]

You have shared us useful post it has great potential impact expecial for those that want embark their own coin. Thank you for sharing this useful and valuable facts

[SuperCrypto 7193]

Many existing blockchain platforms can help you create your own cryptocurrency, such as a community currency, for example, a digital currency as a joke with your friends, an actual solution to a real-world problem, or for any other reason. And if you don't want to be dependent on any of these platforms, or that they don't offer the functionality you need, you can try creating your own blockchain from scratch. But this will be more complex and require in-depth training, programming skills, and a basic understanding of technology.

[Rawad933 159]

Thank you for these useful advice. I agree with you in the fifth item, but in the seventh item, I do not think that there is anyone whose experience is not good in modern technology who may wish to create a digital currency. Creating digital currencies requires a lot of experience, especially in programming

[basel23 1722]

It is not difficult to create your own cryptocurrency, it only takes a small amount of capital.

The problem is that you must find a reason for people to buy your currency, otherwise there will not be a great demand for the currency, and therefore this currency will not achieve any success.

[henrygl24 23]

Excellent information, to create a project of such magnitude we have to have a group of people with their respective knowledge to be able to form a good gear...

 

In a part of your topic you say that we have to think like Hackers, that is, we need to go one step ahead of them so that our currency can be safe and avoid those bad attacks... It's a difficult job but not impossible so with perseverance and a lot of dedication we can create our currency, we would only have to implement a good campaign to make it known so that people have confidence in it.

[Shaza Ahmad 1682]

Good advice, but as for creating a cryptocurrency, this is no longer a difficult thing, especially in the recent period after the emergence of decentralized trading platforms such as Uniswap, so anyone is able to create their own currency and enter it into the trading market, so we must be careful.

[Rosarvx 965]

your post that creating your own cryptocurrency is difficult, information further simplify in a wider format

[bogdanoff 3173]

My advice is if these people do not have something better in mind than make a lot of money, then don't create any cryptocurrency. If the only reason is this then it has been thought already by tens of thousands of projects and yours won't do better than the rest. It will be a waste of time and energy and in the end there will be nothing good to make a difference.

[annayks 2314]

Someone to create a cryptocurrency alone it will be something that will make him work constantly for the success of this project but will always need more people. Projects of one person they don't last for long unless there is support by more developers, marketing and people that believe in it.

[yonkii 3205]

Good tips about people that will have this need to create their own cryptocurrency. It is very important to remember most of these parts and probably having your own cryptocurrency will mean a lot so treat it as Satoshi did with Bitcoin. Give 100% in it and to make it succeed give it to the world and share everything.

[cryptovlek 2597]

Making a cryptocurrency especially one with its own blockchain is not easy task. In the past there were many people that wanted to mine. Then more appeared and most were scamming and doing nothing else than having cloned Bitcoin. Some of them succeeded and developed further but they had significant differences from Bitcoin and big support from angel investors.

[Ndayebo8 0]

Create a currency is not a big issue the big issue is that to make high your coin in the market. Crypto market is a great market and in this market so many peoples will create the coin but they do not make their coin high so we need high investment to make our coin high and add in the exchanges.

[Sykkuno 2887]

I don't know why I read so many posts containing mistakes that could have been avoided or at least edited and corrected. People should really review their posts as it is very bad reading this post and finding Monero being described as Minyoro. It means that you didn't care to know how it is spelled and that you don't care at all about the quality of your post.

[Mella 3680]

It is not that I was wanted to create a cryptocurrency ever but I am very well read your post and started feel that I am have the same thinking and you are right in all my dear. This is some very good advice and maybe it seems that you are had this in mind or you are even tried.

[Cryptomint 433]

First of all I don't want to create any currency I only know that I will buy the currency at the low price and sell on high price. But you give good suggestions.

[joemcgwa 3227]

When creating the coin you must know that you need to invest through that coin by giving the coin a worth price and the you must invest money that's worth your coin market cap.

[zhoutong 2188]

There are some good tips but the most important to consider is why should someone make a new cryptocurrency, we have so many that are already doing great and unless the developers have something better in mind they should create first and ask for the funds later. Many think of this as fundraising but startups should have something to show first.

[Naseer Ahmad78 721]

I think it is possible that we can create cryptocurrencies but one thing has to be taken care of is we have to create cryptocurrencies by following rules and regulations and after creating currency, keep checking its market price in case if it is increased then sell it.

[DC71 169]

Creating cryptocurrency is not a big thing the important thing is how you become a successful in market. If you want to create your own cryptocurrency then you must have a good amount for investment and you must have a good technical team that make your project successful

[Ameralsamt 2558]

Yes, friends, everyone wants to create a cryptocurrency, which is good value to have a name in the cryptography world, but you have to make this currency a lot, and after it's sold you have to keep supporting it, and don't let it depreciate. 

[Rozy 1918]

I do not think there is anything special about creating your own currency, and on the other hand if someone I know told me that he will create his own currency then I probably stay away from such a thing because it is not easy to it , it is not a domain on the internet that you can simply buy , it is a currency that you will be responsible of it and of all the people who decide to invest in it.

[Ahmad ah 1212]

It is a detailed and useful explanation about the possibility of creating a private currency.
It is a good way to get high profits without having capital because the costs are limited only to the source of energy (electricity).
Some people can also be hired to work on this, but it takes experience and good planning to be successful.

[cryptoman22 1026]

I find it a very useful and detailed publication for anyone who wants to create their own secure cryptocurrency, many users like me are very grateful for creating publications with important and useful content
A big hello to the whole community and great profits

[Yuki 526]

any one who want to make his own currency must have already planned well for it and should already thought about all the points you mentioned especially the security part because few days ago we saw how COVER was hacked and its price dumped so fast because the hacker could find a bug to print a lot of COVER currency and sold them , no one would want to see his currency in the same situation so we should be careful about this part