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If youre really serious about making a living with Bitcoin, though, one of the best methods to do it is to be a programmer for the growing number of sites and electronic systems that use Bitcoin and other cryptocurrencies. For each new site that decides to take payment in Bitcoin there's a potential opening for a developer with a technical knowledge of Blockchain.
To begin with, youll need a strong understanding of computer science, math and computer programming. From that point, youll also need to become knowledgeable in the specialized area of blockchain. Realistically, you should expect to return to school 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 developers comes in at roughly $80,000, whereas top notch developers can command salaries in excess of 300,000. This large earning potential can be 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 over the next few decades.
Whether its Bitcoin investment plans or how to correctly set up a miner, there are those out there who will be exceedingly interested in learning from your experience. If your content is great and you've got valuable information to educate, you can even end up making a decent amount of money form helping other people 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 may even add up to being fairly appreciable.If video content isnt your strong suit, you can even write articles about the ins and outs of Bitcoin. These posts can be submitted 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 earn a little extra money, but they take quite a little time and effort to put together. If youre going to make a program, your very best bet for marketing and selling it is to place it on Udemy, a user-generated class content site.
Whatever you do, ensure 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 earn 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 extremely much like faucets in that they pay very tiny amounts of Bitcoin and generate a profit through advertising.
If you are in the practice of playing mobile games, consider finding some games that will pay you small increments of Bitcoin to reward you for the time you spend on these. 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 only want some fun, though, theres nothing wrong with giving this type of gaming a try.ConclusionAs you can tell, the ways in which you can gain from the increase 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 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 past 5 years building money making blogs.
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Since then I've launched lots read what he said of successful niche blogs and after selling my survivalist blog I decided to teach other people how to do the same. .
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