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If youre really serious about making a living using Bitcoin, however, one of the most effective ways to do it's to become a programmer for the growing number of websites and electronic systems that use Bitcoin and other cryptocurrencies. For each new website that decides to accept payment in Bitcoin there is 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 computer programming. From there, youll also need to become knowledgeable in the specialized area of blockchain. Realistically, you need to expect to go back to college to earn a computer science diploma 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 about $80,000, while top-level developers can command salaries in excess of 300,000. This large earning potential can be tied to growing demand. With Bitcoin becoming more and more well-known with each passing day, the number of companies investing in blockchain technology could increase substantially during the next few decades.
Whether its Bitcoin investment plans 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 men and women learn about cryptocurrencies.One approach to get into teaching about Bitcoin would be to make YouTube videos relating to it.
If your channel becomes a more popular 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 posts 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 make a little excess money, but they take quite a bit of time and effort to gather. If youre going to create a course, your very best option for marketing and selling it is to post it on Udemy, a user-generated class content site.
No matter what you do, make sure that the advice you're offering is precious enough to make it worth paying for. If you create a sub-par class 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 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 that they cover very small 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 small increments of Bitcoin to reward you for the time you spend on them. 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 which use Bitcoin as a currency.
Similar to any other casino, the odds will always be in favor of the home. If youre okay with losing some Bitcoin and just want to have 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 practically limitless.
Best of all, the entire potential of Bitcoin is likely far from being realized. As cryptocurrencies begin 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 sites.
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Since then I've launched lots of successful niche blogs and later selling my survivalist blog I chose to teach others how to do next exactly the same. .
All you need to start earning is a Bitcoin speech for receiving payments. We don't collect any of your personal informationnot even your email address. It doesn't get easier 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 your personal computer or by your mobile device.