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If youre really serious about making a living with Bitcoin, though, one of the most effective methods to do it is to be a programmer for the growing number of sites and electronic systems which use Bitcoin and other cryptocurrencies. For each new site which decides to accept 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 computer programming. From that point, youll also need to become knowledgeable in the specialized area of blockchain. Realistically, you need to expect to return to school 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 developers comes in at about $80,000, while top notch developers can command salaries in excess of 300,000. This big 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 can increase substantially during the next few years.
Whether its Bitcoin investment strategies or how to properly set up a miner, there are people out there who will be extremely interested in learning from the 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 approach to get into teaching about Bitcoin is to make YouTube videos about it.
If your channel becomes a more popular source of Bitcoin and cryptocurrency information, this stream of income may even add up to being quite appreciable.If video content isnt your strong suit, you can even write articles about the ins and outs of Bitcoin. These articles can be posted on your own website, or guest posted on another site in the Bitcoin niche.
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Online courses are a excellent way to earn some extra money, but they take quite a little 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 information you are offering is valuable enough to make it worth paying . If you produce a sub-par class filled with information that could 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 to make money with Bitcoin than on the fun note of playing games Games that cover out in Bitcoin are extremely similar to faucets in that they cover very tiny amounts of Bitcoin and generate a profit through advertising.
If you're in the habit 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 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 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 that, the entire potential of Bitcoin is probably far from being realized. Since cryptocurrencies begin to enter more prevalent usage as financial instruments and regular 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 link Spencer and I have spent the previous 5 years building money making blogs.
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Since then I have launched lots of successful niche sites and after selling my survivalist site I chose to teach other people how to do exactly the same. .
All you need to start earning would be 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 are free to select what you want to do. Earn bitcoin anytime and anywhere, whether from your computer or from your mobile device.