Cryptocurrency career – introduction
The first Bitcoin (BTC) transaction occurred in 2010, when programmer Laszlo Hanyecz bought two pizzas for 10,000 BTC. New Crypto jobs have increased and it is favoring business in this relatively new job field.
The activity of buying and selling cryptocurrencies to be profitable is called trading. However, it is not the only way to make money with these virtual currencies . There are many forms to participate in this Crypto market, either with analysts, technical writers or people who work with these assets.
In this article, we give a short introduction about the major careers in the world of cryptocurrencies and to show you dear reader what it is necessary to work in this field of investment. Let’s get straight to the point!
Requirements needed to work with cryptocurrencies
But in order to effectively starting your journey with digital currencies, you must to be aware of the three fundamental pillars, that will support your services:
- Knowledge;
- Numeracy skills;
- Good computer.
Knowledge comes into play first, because without it, you will certainly make mistakes. In addition to information about what cryptocurrencies are, how to buy Crypto, how to sell them and how to set up a Crypto-related technology, the trader needs to have information about causes and effects. Besides, they must be able to recognize concepts, elements and trends.
In addition to having the data, it is extremely important to know what to do with them. Therefore, knowledge is needed!
Numeracy skills are the second important pillar. This adeptness is required, because without it, the investors will not be able to read daily data, collect/read the latest numbers and update their information regularly.
Therefore, everything involving cryptocurrencies is volatile and… numeric.
The last pillar is a good computer. It is essential/important to have a better computer, because it will increase productivity, besides it will be necessary in many fields e.g. development of new technologies.
Cryptocurrency Career Fields
Below are some Cryptocurrencies Career Fields. You will learn what each career field is.
1. Digital Wallet Developer
Also known as “wallets” or “e-wallets”, digital wallets are technologies that allow you to store your cryptocurrencies. They can be applications or websites.
The wallets will assist you on how to manage your account, receive or transfer virtual currencies.
There are several types of digital wallets and cryptocurrencies. Account security is the major goal of its creators. They created a sophisticated form of cryptography that allows a user to access their e-wallets, it’s name is “private keys”.
2. ICO Developer
Initial Coin Offering or “initial coin offering” (ICO) is a type of capital-raising activity in the cryptocurrency and blockchain ecosystem. It offers tokens (they don’t have their own blockchain) in exchange for consolidated cryptocurrencies e.g. BTC.
ICO campaigns are usually advertised on cryptocurrency forums. It brings project information, news and other details.
Developers were the first to create “future valued cryptocurrencies”. They build the platform and assist in improving financial strategies.
3. ASICs Designer
Application Specific Integrated Circuits (ASICs) are tools used for mining cryptocurrencies.
They are powerful and waste a lot of energy. That is why these tools are expensive and it is always important to have them in perfect condition.
Furthermore, crypto miners need the best instruments. This is where the ASICs designer takes action, doing the technical positioning of the circuits, among other things.
4. Crypto Lawyer
In the cryptocurrency field, the lawyer is concerned about issues related to the digital currencies regulation (debated in several countries), as well as helping in the development of “white papers”. White papers are technical and informative documents on a particular topic, often used in ICOs to introduce projects.
5. Blockchain Engineer
Bolckchain Engineer is the most important expert for Crypto companies. This professional implements and manages a lot of data, in addition to being responsible for the software development.
It is essential that the engineer knows everything about Blockchain technology and cryptography, where Crypto transactions are stored and how to develop software.
6. Crypto Token Writer
This job opportunity requires tokens collection and writing, which are cryptocurrencies in their early stages still using the blockchain from third parties.
There are tables (on Crypto websites) that show us tokens/data linked to the BTC or Litecoin. Information is constantly changing, therefore the expert will be always working on it.
7. Analyst
The analyst is the greatest assistant of the investor. This professional makes a market analysis and provides its clients the results. Moreover, the analyst gives its investor the best investment pathways, creates investment strategies and provides tips according to the financial life of the trader.
To be a great analyst, it is necessary to have a technical vision, visualize trends and have experience in the financial field.
This professional is very important for those who don’t know where to start investing or people who would like to improve their financial situation, once this expert will provide them guidelines and tell investors what to do with their money.
Cryptocurrencies career – conclusion
Cryptocurrencies career is relatively new, that is why the activities are constantly evolving. But this doesn’t take regular tasks into consideration which analysts are paid in cryptocurrencies.
Therefore, it is always important to keep up to date. As a result, you can identify new trends and job opportunities as well!
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