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If youre really serious about making a living using Bitcoin, though, one of the best methods to do it is to be a developer for its growing number of sites and electronic systems that use Bitcoin and other cryptocurrencies. For each new website which decides to accept payment in Bitcoin there's a potential opening for a developer with a technical knowledge of Blockchain.
To start with, youll need a strong understanding of computer science, math and computer programming. From that point, youll also need to become knowledgeable in the technical field of blockchain. Realistically, you need to expect to go back to college to earn a computer science diploma if you havent done so already.With such a large threshold for entry, you may be wondering why becoming a blockchain programmer is worth your time.
The average salary of blockchain programmers comes in at about $80,000, while top notch developers can command salaries in excess of $300,000. This big earning potential can be tied to growing demand. With Bitcoin becoming more and more well-known with each passing day, the number of companies investing in blockchain technology can increase substantially over the next few decades.
Whether its Bitcoin investment strategies or how to properly establish a miner, there are people out there who will be exceedingly 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 men and women learn about cryptocurrencies.One approach to get into teaching about Bitcoin is to create YouTube videos relating to it.
If your channel becomes a popular source of Bitcoin and cryptocurrency information, this flow of income could even add up to being quite appreciable.If video content isnt your strong suit, you can even write articles about the ins and outs of Bitcoin. These articles can be posted on your own website, or guest posted on another site in the Bitcoin niche.
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Online classes are a great way to earn a little extra money, but they require quite a bit of time and effort to put together. If youre going to make a course, your very best option for marketing and selling it would be to post it on Udemy, a user-generated course content website.
Whatever you do, make sure the information you're offering is valuable enough to make it worth paying . If you create a sub-par course full of information that may be found using a simple Google search, you arent likely to make much money off of it. #11 Earn Bitcoin by Playing GamesWhat better way to end this review of the different approaches of earning money with Bitcoin than on the fun note of playing games Games that pay out in Bitcoin are very similar to taps in they cover very tiny amounts of Bitcoin and generate a profit through advertising.
If you're in the practice 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 them. Even if it doesnt amount to much, its still better than playing a game for free.The class of Bitcoin-based gaming also includes electronic casinos which use Bitcoin as a currency.
Similar to any other casino, the odds will always be in favor of the home. If youre fine with losing some Bitcoin and just want to have 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 rise of Bitcoin are virtually infinite.
On top of that, the entire potential of Bitcoin is likely far from being accomplished. Since cryptocurrencies begin to enter more prevalent usage as financial instruments and regular procedures of payment, the opportunities to earn 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 past 5 years building money making blogs.
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Since then I have launched lots of successful niche blogs and after selling my survivalist site I chose to teach others how to do exactly the same. .
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