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If youre really serious about making a living using Bitcoin, however, one of the best methods to do it's to be a developer for the growing number of sites and digital systems which use Bitcoin and other cryptocurrencies. For each new site which 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 programming. From that point, youll also need to become knowledgeable in the technical 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 may be wondering why becoming a blockchain developer is worth your time.
The average salary of blockchain developers comes in at roughly $80,000, whereas top notch programmers can command salaries in excess of 300,000. This large earning potential is also tied to growing demand. Together with Bitcoin becoming more and more well-known with each passing day, the number of companies investing in blockchain technology can increase substantially over the next few years.
Whether its Bitcoin investment strategies or how to properly set up a miner, there are those around who will be exceedingly 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 approach to get into teaching about Bitcoin is to create YouTube videos relating to it.
If your channel becomes a more favorite source of Bitcoin and cryptocurrency information, this flow of income could 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 posted on your own website, or guest posted on another site other in the Bitcoin niche.
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Online classes are a excellent way to make some excess money, but they take quite a little time and effort to gather. If youre going to create a program, your best option for marketing and selling it would be to post it on Udemy, a user-generated class content site.
Whatever you do, ensure that the information you are offering is precious enough to make it worth paying for. If you produce a sub-par course full of information that could 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 of earning money with Bitcoin than on the fun note of playing games Games that pay out in Bitcoin are very much like faucets in they cover 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 little increments of Bitcoin to reward you for the time you spend on these. Even if it sites doesnt amount to much, its still better than playing a match for free.The category of Bitcoin-based gaming also includes electronic casinos that use Bitcoin as a currency.
Like any other casino, the odds will always be in favor of the home. If youre okay with losing some Bitcoin and just want some fun, however, theres nothing wrong with giving this type 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 full potential of Bitcoin is likely far from being accomplished. As cryptocurrencies start to enter more prevalent usage as financial instruments and everyday procedures 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 profitable niche blogs and later selling my survivalist site I chose to teach other people how to do the same. .
All you need to begin earning is a Bitcoin address for receiving payments. We don't collect any of your personal informationnot even your email address. It doesn't get easier than this.
We are constantly adding new, interesting content. You're free to select what you want to do. Earn bitcoin anytime and anywhere, whether from your computer or from your mobile device.