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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 become a programmer for its growing number of sites and electronic systems that use Bitcoin and other cryptocurrencies. For every new site which decides to take 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 degree should you havent done so already.With such a large 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, whereas top-level developers can command salaries in excess of $300,000. This big 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 strategies or how to properly set up a miner, there are people around who will be exceedingly interested in learning from your experience. If your content is great 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 concerning Bitcoin is to create YouTube videos about it.
If your channel becomes a popular source of Bitcoin and cryptocurrency information, this stream 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 site, or guest posted on another website in the Bitcoin niche.
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Online courses are a excellent way to earn some excess money, but they take quite a little time and effort to gather. If youre going to make a course, your best bet for marketing and selling it is to place it on Udemy, a user-generated class content website.
Whatever you do, ensure the advice you're offering is precious enough to make it worth paying . If you create a sub-par course filled with information that may 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 very similar to faucets in they pay very small amounts of Bitcoin and generate a profit through advertising.
If you are 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 if it doesnt amount to much, its still better than playing a game for free.The category of Bitcoin-based gaming also includes digital 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 manners 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 accomplished. Since cryptocurrencies begin to enter more prevalent usage 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 previous five 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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