Cryptocurrencies are a great way to make some profits for investors and traders. But what if your goal was greater than just to buy bitcoin? Starting a career in the blockchain industry and cryptocurrency ecosystem can be quite a thrilling adventure.
Moreover, the cryptocurrency ecosystem and especially decentralized finance, are growing by the minute. This means that the crypto industry is looking for an increasing number of workers that specialize in various niches, including blockchain programming, software design, financial experts, marketing and growth experts, to name a few.
In this article, we take a quick look at what are some of the basic skills needed for this industry and what you should be doing to begin a career in crypto.
Learn the basics of the tech
Before you even start a career in cryptocurrency, you should begin by learning the basics of blockchain technology. A career in this niche might be quite different from anything you’ve seen before, even if you have some background in IT and programming.
Blockchain is a unique technology that offers incredible advantages based on the decentralization of different systems and protocols. Consequently, you should first learn about Bitcoin, and how the original cryptocurrency brought blockchain technology to fruition.
Then, learn about the advantages of the tech and details about advancements in the ecosystem, such as smart contracts, NFTs, and their use cases.
Teach yourself blockchain programming
If you wish to develop new cryptocurrencies, your next step would be to learn blockchain programming. Of course, a computer engineering degree will be of great help here, but will usually not suffice for you to build a career in crypto.
Instead, you should grow your programming skills by learning Solidity, the main programming language of the Ethereum network. This will help you immensely when working on Ethereum-based projects in the decentralized finance ecosystem.
Moreover, you should double down on distributed computing. Scalability issues and best practices should be your next step to get better at programming cryptocurrencies.
Grasp some cryptography basics
Blockchain relies on cryptography for securing the assets present on its network. Cryptocurrencies are a form of money, and as such, need to be secured exhaustively because of the risks they represent.
Learning about asymmetric cryptography, privacy protocols such as ZK-Snarks, shielded addresses and multi-sigs are just a sample of the knowledge needed to be prolific as a blockchain programmer.
Create content for crypto
Finally, because it’s such a vast industry, cryptocurrencies require more than just skilful programmers and analysts. Marketing and financial specialists with blockchain knowledge are also in high demand.
For instance, you could write blog content for new and upcoming projects, communicate with the developers to pen their whitepaper, or analyze the tokenomics and the upcoming price of cryptocurrencies.
Crypto is an exciting and growing industry, which provides a lot of opportunities for individuals that are looking to start a career or make a change in their profession. With the incredibly wide range of jobs including programming, analysis, finances, and marketing, there’s something for anyone, as long as they are passionate about this subject.