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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 be a programmer for the growing number of websites and digital systems that use Bitcoin and other cryptocurrencies. For every new site that decides to take payment in Bitcoin there is a potential opening for a developer with a technical knowledge of Blockchain.
To start with, youll need a strong understanding of computer science, mathematics and programming. From that point, youll also need to become knowledgeable in the technical field of blockchain. Realistically, you should expect to return 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 programmer 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 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 could increase substantially during the next few decades.
Whether its Bitcoin investment strategies or how to properly set up a miner, there are those around who will be extremely interested in learning from your experience. If your content is great and you have valuable information to teach, you can even end up making a decent amount of money sort helping other men and women learn about cryptocurrencies.One way to get into teaching about Bitcoin is to make YouTube videos about it.
If your channel becomes a more favorite source of Bitcoin and cryptocurrency information, this flow of income could even add up to being quite 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 classes 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 course, your best bet for marketing and selling it would be to place it on Udemy, a user-generated class content website.
Whatever you do, ensure the information you're offering is valuable 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 likely to make 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 cover out in Bitcoin are very similar to faucets in that 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 with a match for free.The category of Bitcoin-based gaming also includes electronic casinos that use Bitcoin as a currency.
Similar to any other casino, the odds will always be in favor of the home. If youre fine with losing some Bitcoin and just want to have some fun, though, theres nothing wrong with giving this kind of gaming a try.ConclusionAs you can tell, the manners in which you can profit from the rise of Bitcoin are practically limitless.
Best of all, the entire potential of Bitcoin is probably far from being accomplished. As cryptocurrencies start to enter more prevalent use as financial instruments and everyday methods 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 profitable niche blogs and later selling my survivalist blog I decided to teach others 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 address. It doesn't get easier than this.
We're constantly adding new, interesting content. You're free to choose what you want to do. Earn bitcoin anytime and anywhere, whether out of your personal computer or by your mobile device.