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If youre really serious about making a living using Bitcoin, though, one of the best ways to do it is to be a developer for the growing number of websites and electronic systems which use Bitcoin and other cryptocurrencies. For every new website which decides to take payment in Bitcoin there is a potential opening for a programmer with a specialized knowledge of Blockchain.
To start with, youll need a strong understanding of computer science, mathematics and computer programming. From that point, youll also need to become knowledgeable in the specialized area of blockchain. Realistically, you need to expect to go back to school to earn a computer science degree if 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 roughly $80,000, whereas top-level developers 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 every passing day, the number of companies investing in blockchain technology can increase substantially during the next few years.
Whether its Bitcoin investment plans or how to properly set up a miner, there are those around who will be extremely interested in learning from the experience. If your content is good and you have valuable information to educate, you can even end up making a decent amount of money sort helping other people learn about cryptocurrencies.One way to get into teaching concerning Bitcoin would be to make YouTube videos relating to it.
If your channel becomes a popular source of Bitcoin and cryptocurrency information, this stream of income may even add up to being quite appreciable.If video content isnt your strong suit, you can also write articles about the ins and outs of Bitcoin. These articles can be submitted on your own website, or guest posted on another site in the Bitcoin niche.
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Online classes are a excellent way to earn a little excess money, but they require quite a bit of time and effort to put together. If youre going to make a course, your 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 are offering is valuable enough to make it worth paying . If you create 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 tiny amounts of Bitcoin and generate a profit through advertising.
If you're in the habit of playing mobile games, try finding some games which will pay you small increments of Bitcoin to reward you for the time you spend on them. Even though it doesnt amount to much, its still better than playing with a game for free.The class of Bitcoin-based gaming also includes digital casinos that use Bitcoin as a currency.
Similar to any other casino, the odds will always be in favor of the house. If youre okay with losing some Bitcoin and only want to have some fun, however, theres nothing wrong with giving this kind of gaming a try.ConclusionAs you can tell, the manners in which you can gain from the rise of Bitcoin are practically limitless.
Best of all, the full potential of Bitcoin is probably far from being realized. As cryptocurrencies start to enter more widespread use as financial instruments and everyday methods 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 five years building money making sites.
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Since then I've launched lots of successful niche blogs and after selling my survivalist blog I decided to teach other people how to do exactly the same. .
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