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If youre really serious about making a living using Bitcoin, though, one of the most effective methods to do it is to be a programmer for the growing number of sites and digital systems which use Bitcoin and other cryptocurrencies. For each new site that decides to accept payment in Bitcoin there is a potential opening for a programmer with a technical knowledge of Blockchain.
To begin with, youll need a strong understanding of computer science, mathematics and computer programming. From there, youll also need to become knowledgeable in the technical field of blockchain. Realistically, you should expect to go back to college to earn a computer science diploma should you havent done so already.With such a large threshold for entry, you might be wondering why becoming a blockchain programmer is worth your time.
The average salary of blockchain programmers comes in at about $80,000, whereas top notch programmers can command salaries in excess of $300,000. This large earning potential is also tied to growing demand. With Bitcoin becoming more and more well-known with each passing day, the number of companies investing in blockchain technology could increase substantially over the next few years.
Whether its Bitcoin investment strategies or how to correctly set up a miner, there are people out there who will be extremely interested in learning from your experience. If your content is good and you have valuable information to teach, you can even end up making a decent amount of money form helping other people learn about cryptocurrencies.One way to get into teaching concerning Bitcoin would be to create YouTube videos about it.
If your channel becomes a popular source of Bitcoin and cryptocurrency information, this flow of income may even add up to being quite appreciable.If video content isnt your strong suit, you can even write posts about the ins and outs of Bitcoin. These articles can be posted on your own site, or guest posted on another website in the Bitcoin niche.
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Online classes are a great way to make a little excess money, but they require quite a little time and effort to gather. If youre going to make a program, your very best option for marketing and selling it is to post it on Udemy, a user-generated course content site.
No matter what you do, make sure the advice you are offering is precious enough to make it worth paying . If you produce a sub-par class full of information that could be found using a simple Google search, you arent likely to make much money from it. #11 Earn Bitcoin by Playing GamesWhat better way to end this review of the different approaches to make money with Bitcoin than on the fun note of playing games Games that pay out in Bitcoin are very much like taps in they cover very small amounts of Bitcoin and generate a profit through advertising.
If you're in the habit of playing mobile games, consider finding some games which will pay you small increments of Bitcoin to reward you for the time you spend on these. Even though it doesnt amount to much, its still better than playing a game for free.The class of Bitcoin-based gaming also includes electronic casinos that use Bitcoin as a currency.
Like any other casino, the odds will always be in favor of the home. If youre fine with losing some Bitcoin and just want some fun, though, theres nothing wrong with giving this kind of gaming a try.ConclusionAs you can tell, the ways in which you can profit from the increase of Bitcoin are practically limitless.
Best of all, the entire potential of Bitcoin pop over here is probably far from being accomplished. As cryptocurrencies start to enter more prevalent usage as financial instruments and everyday procedures of payment, the opportunities to make money with them will only continue to increase.The following two tabs change content below.My name is Jamie Spencer and I have spent the previous five years building money making blogs.
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