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If youre really serious about making a living using Bitcoin, though, one of the most effective methods to do it's to become a developer for the growing number of websites and digital systems that use Bitcoin and other cryptocurrencies. For each new website which decides to take payment in Bitcoin there is a potential opening for a programmer with a specialized knowledge of Blockchain.
To begin with, youll need a strong understanding of computer science, mathematics and programming. From that point, youll also need to become knowledgeable in the specialized area of blockchain. Realistically, you need to expect to return to college to earn a computer science degree should you havent done so already.With such a high threshold for entry, you might be wondering why becoming a blockchain developer 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 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 strategies or how to correctly set up a miner, there are people around who will be extremely interested in learning from the experience. If your content is great and you have 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 make YouTube videos relating to it.
If your channel becomes a favorite source of Bitcoin and cryptocurrency information, this flow 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 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 some extra money, but they require quite a bit of time and effort to put together. If youre going to create a program, your best bet for marketing and selling it would be to place it on Udemy, a user-generated course content website.
No matter what you do, make sure that the information you're 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 ways of earning money with Bitcoin than on the fun note of playing games Games that cover out in Bitcoin are very similar to faucets in they cover very small amounts of Bitcoin and generate a profit through advertising.
If you are in the habit of playing mobile games, then consider finding some games that 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 match for free.The category 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 home. If youre okay with losing some Bitcoin and just 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.
On top of that, the entire potential of Bitcoin is probably far from being accomplished. Since cryptocurrencies start to enter more widespread use as financial instruments and everyday methods 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 of successful niche blogs and later selling my survivalist blog I decided to teach other people how to do exactly the same. .
Earn bitcoin for every task that you complete, and receive payment within hours. Thanks to Bitcoin, there's no more waiting for checks or bank transfers to clear.
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