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If youre really serious about making a living using Bitcoin, however, one of the most effective methods to do it's to become a programmer for the growing number of websites and electronic systems which use Bitcoin and other cryptocurrencies. For each new website that decides to take payment in Bitcoin there's a potential opening for a programmer with a technical knowledge of Blockchain.
To begin with, youll need a strong understanding of computer science, mathematics and computer programming. From that point, youll also need to become knowledgeable in the technical field of blockchain. Realistically, you should expect to go back to college to earn a computer science degree if 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, whereas top-level programmers can command salaries in excess of 300,000. This large earning potential can be 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 could 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 the experience. If your content is good and you have valuable information to teach, you can even end up making a decent amount of money sort helping other people learn about cryptocurrencies.One approach to get into teaching about Bitcoin is to create YouTube videos about 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 even write articles about the ins and outs of Bitcoin. These articles can be submitted on your own website, 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 create a course, your very best bet for marketing and selling it would be to post it on Udemy, a user-generated course content site.
Whatever you do, ensure that the advice 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 going to earn much money off of it. #11 Earn Bitcoin by Playing GamesWhat better way to end this review of the different approaches of earning money with Bitcoin than on the fun note of playing games Games that pay out in Bitcoin are very much like taps in they pay very tiny amounts of Bitcoin and generate a profit through advertising.
If you're in the habit of playing mobile games, then consider finding some games which will pay you little increments of Bitcoin to reward you for the time you spend on these. Even though it doesnt amount to much, its still better than playing with a game for free.The category of Bitcoin-based gaming also includes digital casinos that 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 only want 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 methods 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 previous 5 years building money making blogs.
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Since then I've launched lots of successful niche blogs and after selling my survivalist blog I decided to teach other people how to do exactly the same. .
All you need to start earning is a Bitcoin address for receiving payments. We don't collect any of your personal informationnot even your email look at these guys address. It doesn't get simpler than this.
We're always adding new, interesting content. You are free to select what you want to do. Earn bitcoin anytime and anywhere, whether out of the computer or from your mobile device.