Cryptocurrency has now evolved from being a buzzword to one of the biggest financial realities of modern times. Therefore, it has created career opportunities for many people looking to make a living by getting associated with the crypto field. So, if you are one of those people looking to make a living out of cryptocurrency, keep reading, as this article will prepare you to dive into this lucrative industry.
Because of their potential uses and the freedom they provide, cryptocurrency has become one of the most famous things around the globe. People are now changing their perception of cryptocurrency, and investors are looking to invest more money in this sector than ever before.
With the market cap of cryptocurrency reaching trillions of dollars, a career in cryptocurrency definitely seems like a reasonable choice for any person. Let’s see what types of careers are available in the crypto field and how you can choose the right one for yourself.
Why are Cryptocurrencies So Popular?
Before diving into this large industry, you should learn more about the popularity of cryptocurrency and why it is getting so much traction around the globe. Almost 90% of all the people around the globe know what cryptocurrency is, and most of them are trying to invest in this field as well. With its popularity growing day by day, cryptocurrency is also attracting lots of investors as well.
Medium-sized crypto investors are earning hundreds of thousands of dollars per year. There are lots of benefits attached to the use of cryptocurrency across different sectors, and that is why the popularity of this field is skyrocketing. All of the factors mentioned above indicate that the crypto field is yet to reach its peak, and it will create even more opportunities for people looking to pursue a career in the cryptocurrency field.
The Reality of Crypto Jobs
By its very nature, cryptocurrency is virtual and is not a tangible thing. Therefore, many people wonder what type of job they will be able to secure in a field that is completely virtual. So, if you are looking for a job in this field as well, you should keep an eye on the types of jobs being posted on different online platforms.
The demand for cryptocurrency-related jobs is increasing these days rapidly. In recent years, crypto-related jobs have seen a rise of 400% within just one year. It is in the United States alone. Another survey by an online job posting website indicates that the number of crypto jobs increased by 115% within a year. These reports indicated growth in cryptocurrency-related jobs, which is way above the standard market average.
However, do not get intrigued by the numbers yet, as getting a job in the crypto field might not be as easy as you might think it to be. Therefore, you should keep reading this article to find out more about the types of jobs available in the crypto field and choose your niche carefully to step into this field.
Types of Cryptocurrency Jobs
Just like every other industry, you must pick a specific point to start in the crypto field. This is a perfect time to capitalize on the opportunity as the crypto field is still expanding, and there is a lot of room for newcomers as well.
In order to start, you will have to choose a specific niche within the crypto field itself. Every niche within the crypto field has its own requirements, and you will need a specific set of skills to satisfy the requirements of a specific job.
Let’s discuss some of the most commonly sought-after jobs in the crypto field.
If you are intrigued by the financial aspects of cryptocurrency, you should probably seek a job in venture capital firms. These companies are vital as they secure investments for every crypto startup and are responsible for the financial side of things. Although a carrier in venture capital can be lucrative, you will have to face a lot of competition as well. To start with, you can become a venture capital intern or a research associate.
Mining is another great field in the crypto space. There are lots of mining companies operating around the globe, and they offer purely technical jobs to people looking to make a living by working in the crypto field. Most of the jobs come from mining farms and data collection centers.
Moreover, marketing and administration-type jobs are also available in mining companies. These companies are the best choice for a beginner looking to make a name in the field of cryptocurrency. So, if you are just starting out, we recommend looking for a job in a mining company to start with.
Blockchain and cryptocurrency developers also make a lot of money. Blockchain development is also one of the most highly sought after jobs in the industry. The demand for blockchain developers is increasing by over 500% on a yearly basis.
So, even though there are a lot of developers out there, they are still insufficient to meet the demand of the market. This creates a perfect opportunity for newcomers like you to learn development and make a career out of it. The annual average salary for Crypto and Blockchain developers sits at around $125000.
However, in order to get this role, you will have to master every programming language. To start your journey as a crypto developer, you can see the role of a junior crypto developer or software developer in a crypto company.
Cryptocurrency marketing is another promising field that can earn you a decent living. As a crypto marketer, you will have to use social media platforms like Twitter, YouTube, and Facebook to market certain crypto programs. As a crypto marketer, you will be working closely with crypto businesses and investors to bring them more investment and sales.
Crypto Job Requirements
After looking at some of the most lucrative opportunities in the crypto field, you might be looking for the set of skills needed to avail those opportunities. When you know what type of skills you will need to succeed in the crypto field, it will help you avail any job that you qualify for without much hassle.
Let’s take a look at some of the most in-demand skills you will need to master in order to make a place for yourself in the crypto field.
Cybersecurity skills are in high demand in the crypto field. You must learn how cryptocurrencies keep themselves safe and how algorithms are developed to avoid any type of hacking attempts. Thankfully, there are lots of free resources available on the Internet which you can use to learn cybersecurity thoroughly.
You do not need any proper degree from a university in order to become a cyber security professional. All you need is to watch a few free courses from YouTube or any other platform, and you will be good to step into the field of cybersecurity.
You will also need to acquire good knowledge about the economics of cryptocurrency. This digitized form of tokens has changed the definition of money around the globe, and you will have to understand how it works before getting any type of job related to cryptocurrency economics.
You won’t need a degree in economics, and all you need is a few basic concepts of how the market works. Studying a few well-explained articles about crypto-economics will also go a long way in teaching you properly.
Cryptography is another essential skill that you should learn if you want to learn the jobs in this field seamlessly. You should have lots of knowledge about cryptography and how it works to keep a Cryptocurrency running. While you won’t need to be an expert in cryptography to land a job, in-depth knowledge of this domain will certainly help you in interviews.
One of the most beneficial skills you can learn to learn high-paying crypto jobs is programming. It is one of the most in-demand skills in the cryptocurrency field. Lots of crypto companies are looking for competent programmers and are willing to pay a high amount to the right candidate. However, instead of becoming a full-stack developer, you can also start with some basic programming languages and build your way up as you gain more experience.
Gaining more knowledge about how Blockchain works is another good skill that you should learn today. You can become an expert in cryptocurrency only if you learn the basics right. The basis of every cryptocurrency in existence is Blockchain. You should also learn how decentralization, transparency, immutability, and other features of cryptocurrency work to execute transactions perfectly.
By learning how Blockchain works, you can develop a deep understanding of why people love cryptocurrency and how it is changing the international financial landscape.
These are some of the most in-demand skills you should master if you want to step into the cryptocurrency field. By learning one or more of these skills, you should easily be able to secure a job in the crypto field. As time passes, you can build your set of skills by learning new and highly demanded skills and excel in this field to make a decent living.
How to Get a Crypto Job
Because of the rapidly increasing job opportunities in the field of cryptocurrency, youngsters are usually encouraged to try their locks and get a job of their choice. However, every beginner in the cryptocurrency field has lots of doubts in his head as there is no clear set of instructions on which skills will lead you to which roles.
So, to make things a bit easier for you, let’s discuss a few important points on how you can plan to land your desired job in the crypto field.
Plan Well
In order to land a job in the crypto field and succeed, you will have to make a clear-cut plan first. In order to make a good plan, you should write down your objectives which you want to meet by working in the crypto field. For example, if you want to get a specific job in a cryptocurrency company, you can write that down in your plan.
Once all of your goals are written down, you should divide them into short, medium, and long-term plans. In the next step, you should find the set of skills you will need to acquire in order to achieve your objectives.
When you have a clear plan in your hands, you are much more likely to go in one direction and succeed in that field rather than getting lost in the process.
Get Certified
No matter how many skills and experience you have working in the crypto field, you can make them official by getting the right certification which will lead you to the desired role. Certification is proof of experience and is usually accepted immediately by companies. However, make sure that the certificate you get comes from a recognized institution.
If you search online, you will find lots of crypto-related certifications offered by some of the most recognized and accepted institutions around the globe. Your certification is approved that you are willing to invest your time in a specific field, and that shows your determination towards the role.
Make a Learning Routine
Since there is no formal education needed to secure a crypto-related job, you have to pave your own way towards the required role. You have to determine the set of skills you’ll need to land the role and make a routine to gradually learn those skills. Some crypto jobs, like programming, require you to learn a broad set of skills. However, you can start with the basic skills, secure a beginner-level role, and then keep progressing by learning new skills as you spend more time in the field.
You can also start by getting enrolled in specific crypto courses offered by top institutions and reputable names in the crypto field. Start with easy courses to develop an understanding of all the concepts, and then move on to more complex topics and skills.
Before applying for a role in a crypto company, make sure you practice your skills for some time to develop a portfolio.
Start Networking
After acquiring all the essential skills for your required crypto jobs, you’ll have to do marketing to learn high-paying crypto jobs rather quickly. Getting certifications is a great way to acquire certain skills and prove that you have dedicated your time to a specific field. However, this does not necessarily mean that you will learn a high-paying crypto job quickly.
Networking is one of the only tools which can help you learn a great job related to cryptocurrency rather quickly. Networking helps you navigate through the job market swiftly, and you land the job of your choice quickly.
If you already have the required set of skills, you should advertise them by making your profile on networking platforms, including LinkedIn. Once you come forward as an expert in the field, it is highly likely that you will be contacted by companies and individuals in need of people like you. You can also interact and answer questions in online communities to attract potential employers.
So, networking is one of the most beneficial skills you will need to make the best of your skill set and learn to land a handsome job.
Conclusion
Although the cryptocurrency field has become very popular and has expanded a lot in size, it is still very hard to land a high-paying crypto job right away. However, with the right set of skills in your hands, you can choose any type of career in the crypto field. You can start with basic skills that’ll be needed to land a decent role and keep adding to your list of skills to land high-paying jobs in the near future.
No matter what type of job you want to land in the crypto field, you’ll have to devise a clear plan and a good career path to keep moving forward and staying relevant. Once you get into this lucrative field, you can keep learning new skills to make rapid progress. The more you learn about the different aspects of your field, the more are your chances of becoming more successful in the long run.
To top it all off, you will need immaculate marketing skills to learn high-paying roles in a short period of time. Marketing is a shortcut way of getting to know industry leaders in the crypto market and using your connections as a ladder to the top of the industry. For this, you should make your profile on popular marketing platforms like LinkedIn. By advertising your skills, you’ll be able to grab more high-paying jobs rather quickly.
So, if you want to progress in the crypto field, move fast, and acquire all the essential skills as soon as possible to get the job of your dreams.