How To Start A Career In Cryptocurrency? A Complete Guide

Introduction

Many people think that cryptocurrencies are not a very stable kind of investment option. Even so, millions of people around the world use cryptocurrencies to create a side income stream. However, as time passes and the developers are coming up with better use cases for decentralized applications for everyday life usage, new jobs and opportunities are opening up for crypto enthusiasts.

More and more developers are considering a full-time and dedicated career in the cryptocurrency sector. For many, it might be impossible to picture a cryptocurrency job as a professional occupation. The same was the case during the introduction of the printing press and the internet. The printing press gave birth to journalism and reporting. On the other hand, the internet created billions of content creators and many other professional jobs around the world.

Can You Make a Career in Cryptocurrency?

The main question before talking about any crypto or blockchain-related jobs is to make sure whether considering it as a dedicated option is a reasonable option or not. At present, there are thousands of cryptocurrency-related organizations opening up in every corner of the world. In countries like China, where the government has imposed a strict ban, Bitcoin miners are still thriving underground.

The most common objection among tech students and professionals against a cryptocurrency career is regulatory uncertainty. In case the state where they are working imposes an embargo on the sector, they would be instantly out of jobs. The answer is that blockchain enterprises depend wholly on the internet, and the best government agencies in the world can’t track or control it.

The most prominent quality of cryptocurrencies is its emergence as a digital investment market that is independent of the forces that control traditional assets such as commodities and stocks. Therefore, the biggest financial organizations in the world are trying to incorporate cryptocurrencies as a portfolio diversifier and using them to build new-age applications and advance the operating systems that exist in the world today. According to a survey by findstack, the global blockchain market will garner an estimated value of $67.4 billion by 2026.

For the most part, there is little to no formal education or introduction of blockchain in the schools at present. Therefore, the students who wish to start a career in the cryptocurrency sector are unable to find the right resources to get started with their cryptocurrency careers. Nevertheless, there are still millions of people who have been able to get started with a cryptocurrency career using their knowledge and skills from their existing careers. Anyone with a marketing, management, sales, investment, accounting, or coding background can find a suitable job to start working as a crypto professional.

Top Crypto Jobs

By taking a look at the job listings that are related to cryptocurrency organizations, anyone can get a better idea of what required skills and educational requirements are to start a career in the blockchain sector. A LinkedIn survey suggests that cryptocurrency job postings increased by 395% between 2020 and 2021 in the United States of America. Here are some of the top job titles that cryptocurrency companies are hiring for:

Software Engineer

There are several blockchain networks like Ethereum that allow the developers to create DAOs, DSSs, and dApps on their platforms. Therefore, software developers can apply for such positions that require them to edit, maintain, or even create new decentralized applications for their employers.

Venture Capital

Venture capital is a type of financial organization or individual that looks for feasible startups with great growth potential and provides funds for them. The people who have been associated with a venture capital firm for a considerable amount of time can look for new positions opening in dedicated crypto ventures. Meanwhile, it is also possible to start a new venture capital and fund several savvy cryptocurrency initiatives.

Crypto Marketing

The number of marketing majors in the world has increased significantly over the years. Any cryptocurrency organization that is getting started or wishes to expand its services also needs the same level of marketing services as any other business. Marketers who have experience as social media experts and have networking skills in the publication sector can apply for a position at any reputable cryptocurrency firm.

Web Developers

Blockchains and cryptocurrencies are wholly online businesses. Therefore, the blockchain organizations in the world must have a good-looking and impressive website. The traditional UI, UX designers, and full-stack web developers can work in tandem with professional blockchain enterprises to help them impressively present their products and to help them stand out from the increasing competition.

Legal Consultants

Blockchain organizations are often dealing with regulatory issues. On the other hand, they also need the services of legal experts and legislative consultants to draft useful contracts for their ventures and business engagement. From creating HR policies to dealing with the cases for a cryptocurrency organization in court, legal experts are always in need at a crypto firm.

Project Managers

Blockchains are capable of upgrading and testing new features. Therefore, any blockchain management company needs to hire Project managers to make sure that the progress stays on time and to manage the cost of the operations at all times. Blockchain project managers can save a network from losing time, save resources, and ensure the completion of goals within the expected time frame. Operations managers can also create a comprehensive upgrade schedule from the ground up.

Cybersecurity

Cyber security is not just a matter of client safety, but it also reflects a lot on the reputation of a blockchain enterprise. A blockchain project that is unable to protect itself from security attacks would lose its goodwill among the investors, which can lead to its downfall. Therefore, the tech experts who have been working as cybersecurity consultants can work for blockchain enterprises to conduct a technical audit, detect blind spots, and create failsafe.

Programmers

The blockchains are improving with time, integrating more and more programming languages on their platforms. Therefore, the coders and programmers who have knowledge, experience, and certification can look for blockchain companies that are open to a project that can incorporate their skill sets. On the other hand, programmers can also use code sources from the open-sourced blockchain projects and contribute to improving smart contracts or other salient features.

Economists

Economic development and revolution have always been central ideas in the blockchain and cryptocurrency sector. Harvard Psychologist B.F. Skinner coined the term “Tokenomics” as early as 1972. Those who have a degree in economics and looking for a career can apply for a position in the government sector or at any reputable financial or fintech organization to help them to understand the impact of cryptocurrencies in the light of economic factors.

Data Analysts

Data analysis has become one of the top-paying jobs in the world at present. Market data is very useful and crucial for any cryptocurrency organization or blockchain enterprise. Therefore, Data analysts can also work for blockchain companies as full-time or part-time workers.

Technical Researchers

Technical researchers have a close resemblance to data analysts. They can collect every piece of detail on a particular topic. It is worth noting that many blockchain enterprises as direct competition with traditional financial enterprises. Therefore, to ensure their survival, they must acquire the best knowledge base at their disposal in the form of technical researchers.

Crypto Developer

The most popular programming languages in the blockchain industry include JS, C#, C++, Solidity, Python, and Go, among others. Most of these programming languages have many use cases outside of the blockchain sector as well. Cryptocurrency developers who are directly working on a blockchain or a token project can earn around $123,750 yearly. Interestingly, cryptocurrency developers can also get job positions as a beginner.

Miner

The PoW mining opportunities in the cryptocurrency sector have increased over time. Many mining farms are looking to hire new employees to support and oversee their new branches in different regions. On the other hand, some tech students are also exploring a career in cloud mining. Working with a crypto mining enterprise at any level can give a massive boost to the crypto career in the future.

Cryptography

A cryptographer is a professional who can write encryption code to hide the information or crack it. Blockchain enterprises want to ensure that their platforms are as decentralized as possible. Therefore, they are always on the lookout for a skilled and dexterous cryptographer with a proven track record.

Technical Writers

Technical writers are responsible for creating guides and manuals for users about complex topics in a simple and readable manner. The job of Technical writers can vary from writing for the masses to writing for the employees or creating a technical library for the individuals that can use that as a standard or technical reference in the future. Technical writers can create a greater engagement for a blockchain organization and increase its popularity and credibility by improving usability. 

What Skills Do You Need to Start a Career in Crypto?

There are not many educational institutions in the world that have added blockchains and cryptocurrencies as a subject yet. A few specialized academies that offer such services ask for huge tuition fees and are also located in remote locations in the world. Therefore, it seems impossible for a beginner to find the right answer when it comes to choosing the right courses and education for a career in the cryptocurrency sector.

The readers who have seen the entire job posting in the cryptocurrency sector can notice that more than half of the postings ask for the skills that professionals are already using in their current occupations. However, those who wish to apply in the crypto market must enhance their skills accordingly if they wish to succeed without facing issues. A traditional game developer can’t start working on a blockchain project without updating and polishing their skills accordingly first.

In some cases, any professional can start working in the cryptocurrency sector without knowing how to code. However, those who are not familiar with the technical basis of a blockchain project would not be able to advance in the sector. Even legal experts, marketers, sales representatives, and reporters need to brush up on their programming skills to enhance their blockchain careers to the next level.

How to Start a Cryptocurrency Career

It is interesting to note that the blockchain industry is not just open to young minds that have only graduated. The hiring percentage for the individuals who have sufficient experience and a proven track record in their previous jobs is generally higher and more lucrative in comparison. Philosopher Nietzsche once said that “out of Chaos comes order.”

In the same manner, the massive and unorganized world of cryptocurrencies and blockchains can also inspire an individual to take a step-by-step and organized path to get started with their cryptocurrency careers. Here are some of the few things that a person looking for a crypto opportunity can take:

Learn About Blockchain

The first step to starting a career in cryptocurrencies is to become aware of what it is and why it is important. Once a person can understand and comprehend the basic concept of blockchain and why it is needed in the modern age, only then they will be able to pursue a career in the field. Learning about cryptocurrencies can also help an individual understand where their interest lies and which jobs they would want to apply for.

Understand Cryptography

Cryptography is a crucial concept, and without cryptography, there are no cryptocurrencies. Those who have an understanding of cryptography will always have the edge over others in the field. Regardless of their job path in the blockchain sector in the future, having an in-depth and comprehensive understating of cryptography is crucial for those who are considering a full-time career in the blockchain industry.

Assess your Skills

Many people may be looking for a career change or those who wish to get started with the cryptocurrency sector. At any rate, a person who wishes to get hired by a reputable cryptocurrency organization in the future must know their skills and educational background first and foremost. When prospective employee has a realistic idea of where they stand in terms of technical, educational background, and experience, they can apply for the jobs that are more suited to their skillset.

Set Goals

Before applying for jobs at any cryptocurrency organization, a person needs to set goals. Without a clear vision, it can be unprolific and lethargic for a worker to opt for a job that pays them enough. The blockchain industry is in its development stages at present; therefore, there is a leadership position galore. A person who can move ahead with a predetermined plan will have greater control over their career path in the future, and they would also be a great asset to the firm that they work for.

Upgrade

Most workers and individuals in the blockchain sector have transferred from other industries. However, despite working on other products and services, these individuals have been able to become successful in their new careers as well. The main reason for their success is that these individuals took the pain and time to upgrade their skills. They have a realistic idea about what their current skillset offers and what skills are required to succeed in their new fields. Therefore, it is important to make an effort to upgrade your skills before applying for a blockchain organization.

Make Your Resume

Now that the readers have acquired the new skill sets that are needed for their new career in their blockchain journey, they can start the application process. A lot of employees make the mistake of using the same old resume for every company. The main objective of a resume is to entice the employer to contact the applicant. It is not only important to update your resume accordingly but also tailor it accordingly in response to every new job posting to increase your chances of getting hired.

Create a Compelling Portfolio

In the modern age, having a CV and a well-presented resume is not enough. There is nothing as appealing for a prospective employer to see the proof of work and skill before they have been hired. A portfolio allows an employee to showcase their skillset to the employers and also create a realistic and non-exaggerated view of what the worker is capable of. Blockchain organizations are more likely to hire a worker with a decent and impressive portfolio.

Networking

Networking is the key to success within the closely-knit blockchain industry. By reaching out to industry experts in the crypto community, the employees can make sure that they can improve their goodwill in the industry and even manage to gather some nifty recommendations in the process. Networking also allows an individual to gather the necessary information from the industry about the latest developments that can give them an edge over others.

Conclusion

Cryptocurrency career opportunities are inflating faster than any other sector at present. During the next ten years, a host of new jobs and positions will be created within the blockchain sector.


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