Bitcoin Trading vs. Start a bitcoin hardware mining business. Taxes Benefits Bitcoin Trading. Also, they must follow SEC & CFTC rules and regulations. #5 Select the Right Type start a bitcoin trading business of bitcoin exchange to Launch. And, it is considered the most important factor in the bitcoin trading strategy. Another bitcoin related idea that an entrepreneur who is considering leveraging on bitcoins to start a business is to sell goods and services in exchange for bitcoins. Credibility and Consumer Trust. The first thing we want to do before we dive deep into the subject is to understand what Bitcoin trading is, and how is it different from investing in Bitcoin When people invest in Bitcoin, it usually means that they are buying Bitcoin for the long term. Amazon finds a new business and it's a hair salon with advanced features Another reason why you might want to start trading Bitcoins is the excellent liquidity it offers. And, as an LLC, bitcoin traders can write-off casualty losses. Start on a Small Scale; The first tip for trading bitcoin is starting small with a relatively low. Aside from the bitcoins, cryptocurrencies and other forms of digital payment required to trade with, starting a bitcoin exchange and trading business can be cost effective if you choose to run the business from your home, share office space with a friend or make use of a virtual office Here are a few tips guidelines to help you start a Bitcoin trading platform based on feedback from multiple exchanges.