The Bitcoin explosion has produced professions anchored in a variety of skill sets, from engineers to journalists. It’s time to put your skills to work in the cryptocurrency employment sector.
Do you recall the days when the only form of cash you needed to be concerned with was the one in your wallet? Oh, how times and money have changed since the days of copper pennies and dollar bills. But that’s what we’re going to talk about next.
Cryptocurrency, bitcoin, blockchain—you hear these phrases on the news and see them all over your social page, but does anyone genuinely know what any of this really means?
Cryptocurrency: What is it?
Cryptocurrency, according to Investopedia, is a digital or virtual currency that uses cryptography [a secret code] for protection. But unlike conventional currency, neither a government nor a bank backs it.
Instead, everything is recorded and sold on the blockchain, a decentralized public digital ledger. It is comparable to the Venmo app, but for cryptocurrencies.
Bitcoin is the first and most popular cryptocurrency, although there are others like ether.
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Can you get a job in cryptocurrency?
According to a new Monster survey, there is a rising need for workers in the bitcoin business. Using data from CEB’s TalentNeuron platform, they found that from 2017 to 2018, there was a 194% increase in the frequency of job adverts mentioning “cryptocurrency,” “bitcoin,” or “blockchain.”
Which qualifications are required for cryptocurrency jobs?
As you might expect, having technical abilities is essential for getting a job in the cryptocurrency industry. Numerous job postings specify that applicants must have knowledge of Java, Python, artificial intelligence (AI), C/C++, Node.js, and Amazon web services.
Opportunities do exist, nevertheless, for non-techies as well. Employers also place a premium on applicants that possess soft skills like problem-solving, communication, and creativity as well as the initiative, drive, and teamwork to succeed.
10 Cryptocurrency careers
The cryptocurrency revolution has swept the globe in the year 2022. Nowadays, from online shops to restaurants, Bitcoin and other digital currencies are accepted as payment everywhere.
As a result, there is an unprecedented need for professionals with knowledge of cryptocurrencies. We will go through ten of the most sought-after positions in the cryptocurrency business if you’re interested in pursuing a career in this fascinating field.
Bitcoin employment
Do you want to know if there is work in cryptocurrency for you? We’ve compiled a list of 10 jobs where you can start using blockchain and bitcoin right away.
1Business development representative
What you’d do: Just like any other field that is just getting started, cryptocurrency is opening up new business opportunities in a variety of sectors (such as healthcare, finance, and real estate, to name a few). As a result, there is a need for individuals to identify these opportunities, promote product partnerships, and close deals.
What you’d need: Business development representatives should have some sales experience and excellent communication skills in addition to having a clear understanding of the purpose of your company’s bitcoin application. Numerous people hold business, finance, or communications degrees.
You’d earn $45,619 annually.
2Data scientist
What you’d do: Harrison Brady, a communications specialist at Stamford, Connecticut-based Frontier Communications, says that because blockchain technology is still relatively new and sometimes misunderstood, there is a huge need for data scientists. To assist engineers in streamlining experiences, it would be your responsibility to examine transaction data.
What you’d need: A master’s degree in data or computer science is typically required for data scientists. Strong communication abilities are necessary in order to transmit trends to your company’s leaders, as well as strong analytical abilities.
You’d earn $111,840 annually.
3Financial analyst
What you would do: Work with private investors interested in investing in cryptocurrencies as well as organizations like hedge funds and insurance companies. A typical day entails making investment recommendations, creating investment plans (such as when to buy and sell), assessing risks, and managing investment portfolios.
You would require: Financial analysts often possess a bachelor’s degree in addition to a license, typically issued by the Financial Industry Regulation Authority. Many continue on to earn their Chartered Financial Analyst (CFA) certification after four years of work experience.
Additionally, if you’re seeking for cryptocurrency-related jobs, having excellent analytical, computing, and math skills will set you apart from the competition. You must be able to comprehend how possible changes in laws, policies, political climates, and economic trends could impact investments.
You’d earn $81,760 year.
4Journalist
Who are you hearing all of this cryptocurrency news from? Journalists. You would cover the newest news on cryptocurrencies and blockchain technology as a journalist. You can be writing news articles for a brand, magazine, blog, or even a newspaper.
What you’d need: A bachelor’s degree in journalism, communications, or a closely related discipline. Most journalists begin their careers as interns at newspapers or magazines. The key to getting a job is to submit writing samples (or broadcast, if that’s the form of journalism you’re interested in).
You’d earn $38,870 annually.
5Engineer in machine learning
What you’d do: Do you want to contribute to the transformation of cryptocurrencies from abstract ideas discussed at the water cooler into a practical, user-friendly, and secure form of money?
Since cryptocurrency operates in the digital sphere, there is a need for professionals who can design safe, user-friendly digital applications for users. For instance, Coinbase, the biggest cryptocurrency exchange in the world, use machine intelligence to keep one step ahead of hackers.
You would require: Machine learning engineers should have advanced knowledge of data analysis and natural language processing (NLP) algorithms. Most of them are proficient in statistical analytic languages like Python and SQL and have at least a master’s degree in computer science, if not a Ph.D.
You’d earn $112,421 each year.
6Marketing managers
What you’d do: For cryptocurrencies to prosper moving forward, investors and potential users must be aware of their existence and how they operate. Marketing managers assess prices and anticipate demand for cryptocurrency and blockchain. To assist people in maximizing their profits and market share, they discover new users, keep an eye on trends, and devise plans.
You would require: Marketing managers need to be self-starters who enjoy developing and introducing products. Both the right and left sides of their brains—creative and analytical—must be present in them. The majority of them have a bachelor’s degree, but experience is what matters most in this situation.
Most people who are promoted to management positions have a significant amount of prior experience in sales, marketing, promotions, or advertising.
You’d earn $127,560 annually.
7Research analysts
What you’d do: It’s true that most companies require research analysts, but there are plenty of job prospects in emerging industries like cryptocurrency.
According to Jon Brodsky, who oversees finder.com’s US operations, a New York City-based company that assists people in making better personal and professional decisions, “This role has been created to help educate Americans about developments in the cryptocurrency industry and make better decisions.
You would require: Solid data analysis, strategic thinking, and written communication abilities are required of research analysts. They should also have a complete awareness of the cryptocurrency market, including its technologies, trading platforms, applications, and currency availability and variances. Most analysts hold a bachelor’s degree or higher in market research or a closely connected subject.
You’d earn $62,560 annually.
8Security architects
What you’d do: Security architects are still essential to ensuring that safety is rock-solid, despite one of the advantages of cryptocurrencies being that they are considerably more difficult to hack than conventional payment systems. Making systems to safeguard the organization’s technology from external dangers and fraudulent activity would be your responsibility.
You would require: A bachelor’s degree in a computer-related subject, such as information technology or web development, is required for security architects. Analytical abilities and attention to detail are crucial.
You’d earn $92,600 annually.
9Technical author
What you’d do: Businesses that develop new varieties of cryptocurrencies frequently prepare a technical white paper—often 20–50 pages long—to entice investors. This paper describes the company’s development and marketing strategy for its technology.
According to Dan Salganik, managing partner of VisualFizz, a digital marketing agency that has recently begun working with clients in the cryptocurrency industry, “Our content writers spend a good deal of time writing industry-specific content, informational content, and searching for unique ways to distribute the content.
What you’d need: Content writers in the cryptocurrency industry should at the very least be familiar with how blockchain technology operates, possess convincing writing abilities, and have a strong command of spelling and punctuation. Experience with social media and digital marketing is a significant bonus.
You would earn $69,850 per year.
10Web developers
How you would act: Writing and maintaining code for smart contracts, which are computer protocols that enable users to conduct transactions without the need for a middleman, is a responsibility assigned to blockchain web developers (like a financial institution).
You would require: JavaScript, Python, and Solidity are a few popular programming languages used by web developers in the blockchain sector. React is a javascript package that’s used to design user interfaces. You’ll need the capacity to work in a fast-paced setting, adapt to and learn new coding languages as they’re adopted because the industry is growing and developing so swiftly.
You’d earn $66,130 annually.
Continually update
It takes investigation and close attention to new developments and announcements to find a job in a developing business. Joining Monster is one of the simplest ways to stay abreast of the newest employment trends. You’ll receive weekly job alerts and professional guidance on how to look for a new career.
