The days of one dollar Bitcoin are long gone. Bitcoin is now a 10-year-old technology and although sub $100 Bitcoin will probably never be seen again, there are fortunes still to be made in the cryptocurrency space. But that’s just talking about investing, and we all know that investing can be risky. Particularly when considering the strong correlation between risk and reward. If you want more reward you have to take on more risk.
But what if you wanted a sure thing in the crypto currency space? What could you do? Where could you turn? Is a sure thing even possible? The good news is that yes, it absolutely is possible to get rich in the blockchain industry. It will just take a bit of work. Scratch that – a lot of work. Especially if you’re not a software developer already.
According to Hired, a website for employers and job seekers, blockchain engineers are earning on average between $150,000 and $175,000 a year. Hired claims the average for a software engineer in San Francisco is $135,000 a year. San Francisco is of course a cryptocurrency and blockchain hotbed, though with the reality of the typically open source technology is that working remote or in any number of other global locations is completely possible.
Not only are the salaries lucrative, but the opportunities are increasing as well. Hired states that jobs for block chain related roles are up 400% year-over-year. The reality is a lot of these roles are going unfilled. The block chain developer skill set is one that many developers lack. Jobs on Crypto.Jobs, AngelList, Hired and other popular blockchain job posting sites have been unfilled for a long time. People simply lack the skill set. Developers have to learn a lot of cryptographic and blockchain specific syntax and programming languages such as solidity in order to contribute to the field.
This creates a major lag in getting a developer up and running in the blockchain space. converting from an ordinary software developer to a crypto developer is no easy task. Developers often have to teach themselves the highly complex skills and principles required to contribute as a crypto dev. Even if devs can find the resources they need to learn it takes a great deal of time and they don’t often know where to start or have a structured curriculum in place to fast-track the learning process.
Things are still much easier than they were in 2009 and 2010 for devs looking to crack into the space. Jameson Lopp, a Cypherpunk who has contributed to many Bitcoin projects and the Bitcoin code itself, has curated a great list of resources for anyone looking to enter into the space, you can find his site and list of resources here. And for devs that learn by doing, ForkedBlock provides interactive lifestream hacking sessions where you can learn and ask questions while the ForkedBlock team hacks and shows you exactly what they’re doing. You Can check out their live streams on Twitch and YouTube.
Welcome to Bitcoin, newcomers! Here's your FAQ:
Q: Who should I trust?
Q: When should I sell?
Q: Is Bitcoin dying because ____?
Q: What have I gotten myself into?
A: Nobody knows.
Q: How do I learn more?
— Jameson Lopp (@lopp) November 19, 2017
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