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If youre really serious about making a living using Bitcoin, however, one of the best ways to do it is to be a developer for its growing number of websites and electronic systems that 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 technical knowledge of Blockchain.
To start with, youll need a strong understanding of computer science, math and programming. From there, youll also need to become knowledgeable in the specialized area of blockchain. Realistically, you should expect to return to college to earn a computer science degree should you havent done so already.With such a large threshold for entry, you may be wondering why becoming a blockchain developer is worth your time.
The average salary of blockchain developers comes in at roughly $80,000, while 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 plans or how to properly set up a miner, there are those out there who will be extremely interested in learning from your experience. If your content is great and you've got 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 make YouTube videos about it.
If your channel becomes a more favorite source of Bitcoin and cryptocurrency information, this stream of income could even add up to being fairly appreciable.If video content isnt your strong suit, you can even write posts about the ins and outs of Bitcoin. These posts can be submitted on your own website, or guest posted on another website in the Bitcoin niche.
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Online classes are a excellent way to make some excess money, but they require quite a bit of time and effort to put together. If youre going to make a program, your best bet for marketing and selling it would be to place it on Udemy, a user-generated course content site.
No matter what you do, make sure that the information you are offering is precious enough to make it worth paying . If you produce a sub-par course filled with information that may be found using a simple Google search, you arent going to make much money from it. #11 Earn Bitcoin by Playing GamesWhat better way to end this review of the different ways to make money with Bitcoin than on the fun note of playing games Games that pay out in Bitcoin are very much like webpage taps in that they pay very tiny amounts of Bitcoin and generate a profit through advertising.
If you are in the habit of playing mobile games, then try finding some games that will pay you little increments of Bitcoin to YOURURL.com reward you for time you spend on these. Even though it doesnt amount to much, its still better than playing a match for free.The class of Bitcoin-based gaming also includes electronic casinos that use Bitcoin as a currency.
Similar to any other casino, the odds will always be in favor of the house. If youre fine with losing some Bitcoin and only want to have some fun, however, 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 full potential of Bitcoin is likely far from being realized. Since cryptocurrencies start to enter more widespread 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 sites.
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Since then I've launched lots of profitable niche sites and after selling my survivalist blog I decided to teach others how to do exactly the same. .
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