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If youre really serious about making a living using Bitcoin, however, one of the best ways to do it is to become a programmer for the growing number of sites and digital systems which use Bitcoin and other cryptocurrencies. For every new site that decides to accept payment in Bitcoin there's a potential opening for a developer with a specialized 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 specialized area of blockchain. Realistically, you should expect to go back to school to earn a computer science degree if 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 developers comes in at about $80,000, while top notch 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 every passing day, the number of companies investing in blockchain technology could increase substantially during 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 good and you've got 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 concerning Bitcoin would be to make YouTube videos about it.
If your channel becomes a more favorite source of Bitcoin and cryptocurrency information, this stream of income could even add up to being fairly 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 site, or guest posted on another site in the Bitcoin niche.
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Online courses are a great way to earn some excess money, but they require quite a bit of time and effort to put together. If youre going to make a course, your best option for marketing and selling it is to post it on Udemy, a user-generated course content website.
Whatever you do, make sure the information you're offering is precious enough to make it worth paying for. If you create a sub-par course full of information that may 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 approaches of earning 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 tiny amounts of Bitcoin and generate a profit through advertising.
If you're 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 a match for free.The class 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 kind 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 entire potential of Bitcoin is probably far from being realized. As cryptocurrencies start to enter more prevalent usage as financial instruments this post 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 have spent the past 5 years building money making sites.
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Since then I've launched lots of profitable niche sites and after selling my survivalist blog I chose to teach others how to do 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 address. It doesn't get simpler than this.
We are constantly adding new, interesting content. You're free to choose what you want to do. Earn bitcoin anytime and anywhere, whether out of the personal computer or by your mobile device.