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If youre really serious about making a living with Bitcoin, though, one of the most effective ways to do it's to become a developer for its growing number of websites and electronic systems that use Bitcoin and other cryptocurrencies. For every new site which decides to accept 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 programming. From there, youll also need to become knowledgeable in the specialized 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 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-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 over the next few decades.
Whether its Bitcoin investment plans or how to properly set up a miner, there are people around who will be extremely interested in learning from your 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 way to get into teaching concerning Bitcoin would be to make YouTube videos relating to it.
If your channel becomes a more 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 also write posts about the ins and outs of Bitcoin. These posts can be posted on your own site, or guest posted on another site in the Bitcoin niche.
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Online courses are a great way to earn some extra money, but they take quite a little time and effort to put together. If youre going to make a program, your best bet for marketing and selling it would be to post it on Udemy, a user-generated course content website.
Whatever you do, make sure the advice you're offering is valuable enough to make it worth paying for. 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 off of 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 taps in they pay very tiny amounts of Bitcoin and generate a profit through advertising.
If you are in the practice of playing mobile games, then try finding some games that will pay you small increments of Bitcoin to reward you for time you spend on them. Even if it doesnt amount to much, its still better than playing with a match for free.The class of Bitcoin-based gaming also includes digital casinos which use Bitcoin as a currency.
Like any other casino, the odds will always be in favor of the house. If youre okay with losing some Bitcoin and just 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 click to find out more that, the full potential of Bitcoin is probably far from being realized. As cryptocurrencies start to enter more widespread use 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've spent the previous 5 years building money making blogs.
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Since then I've launched lots of profitable niche blogs and after selling my survivalist blog I chose to teach others how to do the same. .
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