Is a Career in Crypto Right for You?

The cryptocurrency boom is still going strong but so many people still don’t fully understand it. If you’re one of the people that does understand it, or has the time to dedicate to understanding it, then you could be faced with a great opportunity. There are plenty of positions within the cryptocurrency sphere, all you need to understand is which you’re most suited to and how to show an employer that you’re the right fit.

With that in mind, we’re going to look at a handful of the different career paths you could take, as well as how to show you’re a good fit for the job to a potential hirer. So, get your pens and notepads at the ready, this is your crash course to working in the crypto industry.

Working For Yourself

One of the great things about the crypto industry is that there’s a good deal of scope for working for yourself. If you enjoy being able to set your own working hours, are a self-starter, and don’t struggle with the need for outside motivation then this could be a good path to take.

The only barriers to entry are understanding the industry well and being financially stable enough to see yourself through the initial start-up phase. Below are a couple of self-employed careers within the crypto industry.

Crypto Gaming

Crypto gaming might sound like a dream job, but there are pros and cons that anyone thinking of starting a career should be aware of. There are two main routes to go down, one would be learning to play casino with Bitcoin online, the other playing crypto games like Axie Infinity or Crypto Kitties. If you really excel at these games then there is the possibility of good returns.

However, all games have winners and losers, which means that sometimes you’ll have a day where you perform poorly and might not make any returns at all. If you can be pragmatic about wins and losses and have a good buffer to keep your living costs going, then this could be a good career choice for you. It can also be a useful way to learn about the crypto industry as part of your spare time before jumping in with both feet.

Crypto Trading

Crypto trading is a career that can be undertaken on a self employed, or employed basis. In a nutshell, crypto trading is buying cryptocurrencies when you predict the market is going to rise and selling when you predict it’s going to fall.

Some people take on clients whose money they manage for them and others trade exclusively with their own funds. If you’re hoping to progress to a salaried job as a crypto trader then starting out with your own money shows the sort of initiative that potential employers would like to see.

Work For a Salary

Working for a salary is a more traditional route to take but there are different barriers to entry that come with it. Getting somebody to employ you when you’ve not worked in the industry before is difficult, but by no means impossible. The below careers that we’ve picked have transferable skills from other industries, so are the sort of jobs you could get with minimal crypto experience.

It’s also worth remembering that the recent crypto boom has meant there are more positions available, meaning that the market isn’t necessarily saturated with suitable employees. This could give your application a head start compared to other jobs where the market is more saturated.

Technical writer

Technical writers create content about topics that might be complex or difficult to understand and simplify it so that everyone can comprehend fully. Within the crypto industry, technical writers are super important, as they help to de-mystify the industry, making it feel more accessible to everyone. This is a great choice for those who have a deep understanding of the crypto industry and a flair for writing.

Of course, it’s also a brilliant choice for people who’ve worked as technical writers before within a different field who are wanting to make the switch. If you want to make your resume stand out, then undertaking some technical writing about the cryptocurrency industry in your own time is a great way to make that happen. You could send along a document with your cover letter, or set up a simple website or blog, to show you know what you’re talking about.

Web developer

Games like Axie Infinity and Crypto Kitties, like we mentioned before, all need web developers on board to help ensure that things run smoothly. They might be in charge of coding the front end that is user-facing information, or the back end, that keeps everything chugging along.

If you know how to code and are good at working as part of a team then a job in web development could be a great position for you. Increase your chances of success by dabbling in some crypto trading and making a note of your successes on your resume.