For those curious about taking the plunge, here are 5 top reasons to jump into the career made for the future.
According to Investopedia, cryptocurrencies are digital assets that use decentralized systems based on blockchain technology that ensures secure online transactions.
The nature of this virtual currency makes it impossible to counterfeit or double-spend.
1. The demand for cryptocurrency jobs are skyrocketing
As cryptocurrency goes mainstream, more and more big companies have also begun to adopt blockchain-based systems to optimise processes.
Even traditional companies have resorted to building their internal crypto teams, not wanting to miss out on the boom.
Just like any industry, it requires the support of people in many different roles.
According to the 2021 Global Blockchain Employment Report, the most needed roles in the cryptocurrency field after Engineering are Operations, Marketing, Design, Sales, and Customer Support.
Now hiring: Dexhigh Services, the Dubai, Bengaluru and India-based Software Development and Outsourcing Company is hiring for an HR Manager role – experience in blockchain is a plus!
3. Work for international companies – remotely.
The perks of having a career in cryptocurrency are that many functions remotely, meaning you’ll be open to working with an international company. This allows you to explore international grounds and make connections while earning a higher salary.
Did you know that an average remote Blockchain Developer can earn up to USD123,750 per year?
For example, Malaysian-grown CoinGecko’s founders Bobby Ong and TM Lee did digital marketing and software engineering respectively before founding the company!
For many employers in this field, having a specific degree doesn’t matter as long as you can prove your skills and reliability.
5. Perfect for someone who loves a good challenge.
A big bulk of the cryptocurrency industry is still uncharted territory. So if you’re someone who loves exploring and learning, you can bet on cryptocurrency to bring you something new each day.
Through blockchain, you could be the decision-maker when it comes to business collaboration, technology implementation and the reshaping of supply chains. You may also play a key role in advancing your organisation into the new age of cybersecurity, governance and sustainability.
Through blockchain, you could be the decision-maker when it comes to business collaboration, technology implementation and the reshaping of supply chains. You may also play a key role in advancing your organisation into the new age of cybersecurity, governance and sustainability.
This property makes cryptocurrency attractive to people who are worried about hyperinflationary events, bank failures, or other disaster scenarios. Bitcoin, in particular, has attracted attention due to its deflationary and censorship-resistant properties, leading proponents to describe it as "digital gold."
Being part of an emerging and revolutionary technology appealed to me, as I wanted to witness and contribute to its development and mainstream adoption. 2. Investment Potential: Seeing the remarkable price increases in Bitcoin and other cryptocurrencies sparked my curiosity about the market's investment potential.
Why do people invest in cryptocurrencies? People invest in cryptocurrencies for the same reason anyone invests in anything. They hope its value will rise, netting them a profit. If demand for Bitcoin grows, for example, the interplay of supply and demand could push up its value.
You'll have the chance to work with cutting-edge technologies and learn about smart contracts. You become familiar with decentralized applications (dApps) and explore the limitless possibilities of blockchain beyond just cryptocurrencies.
It has become a viable alternative to traditional banking and offers a secure, fast, and cost-effective way of making payments and investments. For this reason, many people have become passionate about the potential of crypto and have been investing both their money and their time into the space.
The price of Bitcoin is volatile, ranging from under $10 in 2010 to a high of $77,000 in June 2024. Most top Bitcoin billionaires became rich by creating products and services to grow the cryptocurrency ecosystem. This overall price increase has also created millions for people who bought and held their bitcoins.
Crypto is often portrayed as a new paradigm for working, an opportunity to gain more freedom, flexibility, access to opportunities. Crypto gurus like Balaji Srinivasan, see crypto as a revolutionizing force that will reduce inequality and gatekeeping, the promised land of digital workers.
Many folks see cryptocurrency as offering protection against inflation. Bitcoin has a hard cap on the whole number of coins that will ever be minted. For example, as the growth of the money supply overtakes the growth in the supply of Bitcoin, the price shall increase.
Analysts estimate that the global cryptocurrency market will more than triple by 2030. This all leads to one big trend. Cryptocurrency, once only understood among a relatively fringe community of anti-establishment investors, is now becoming a household name – and quickly.
As of Sep 10, 2024, the average annual pay for a Crypto in the United States is $48,666 a year. Just in case you need a simple salary calculator, that works out to be approximately $23.40 an hour. This is the equivalent of $935/week or $4,055/month.
Cryptocurrency jobs focus on creating, analyzing, and managing cryptocurrency systems. With a role in this field, your duties may include monitoring digital units of the currency, verifying the security of the system, helping a bank conduct virtual transactions, or educating the public on cryptocurrency topics.
Blockchain helps in the verification and traceability of multistep transactions needing verification and traceability. It can provide secure transactions, reduce compliance costs, and speed up data transfer processing. Blockchain technology can help contract management and audit the origin of a product.
Blockchain provides versatile career opportunities, from Blockchain Developing for coding enthusiasts to Blockchain Consulting for business strategists—even project management or marketing Professionals are in demand in the ever-growing Blockchain technology.
Blockchain is a secure, transparent, and efficient way to share data across multiple parties. Blockchain cannot be altered or reversed, which means participants can trust the data that they are presented with.
Cryptocurrencies are not regulated by any central government authorities, making them immune to government interventions. Many cryptocurrencies are decentralized networks based on blockchain technology. A cryptocurrency is a digital currency based on a network that is scattered across a huge number of computers.
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