If you dream of living an alternative lifestyle in which you can live where you want on a salary that’s reasonable, then working remotely is a great choice. These days, more and more people are choosing to go remote. For example, even if you’re a lawyer like Aaron Kelly on MarketWired, who is already offering online services in addition to more traditional ones, you can go fully digital more easily than you’d think. If you aren’t business-minded, you can teach English online or work as a virtual assistant, and if one of your interest is the cryptocurrency industry, you’re in luck.
There are lots of ways to break into the cryptocurrency industry, and many of these are remote. So if you want to live as a digital nomad, making your living from one of the biggest trends of 2018, read on:
1 Cryptocurrency exchange business
If you consider yourself an expert on a number of cryptocurrencies, and you’ve always had a good intuition when it comes to finance, then running a cryptocurrency exchange is a great idea. Of course, because of the novelty of cryptocurrencies, some countries are going to be more legally lax than others when it comes to you setting up shop. According to Steemit,
“Almost all governments require entities which are involved in the currency exchange business to adhere to the Know Your Customer (KYC) norms. KYC is the process whereby a business verifies the identity of its customers through government-issued ID cards or passports. The main purpose here is to discourage money laundering. Make sure you adhere to your country’s KYC norms and integrate a suitable customer verification procedure into your exchange. Otherwise, you might be wondering someday why the police are suddenly standing in front of your door.”
There is some good news, though. Bitcoin is already unrestricted in 96 countries, which means that its legal legitimacy is spreading.
2 Cryptocurrency blog or podcast
Because Bitcoin and other exciting cryptocurrencies such as Litecoin and Ethereum are such a big deal in the media these days, a great business to work in is writing about them. If you’re looking to become a blogger, all you need to do is figure out what your niche is, then take a look at what other bloggers are writing about in the cryptocurrency industry. Take Brian Magierski, for example. He’s a co-founder of Nanovision, a blockchain health startup, and also regularly posts on Medium about the different cryptocurrency- and blockchain-based projects he’s working on. As a result, he not only draws attention to his businesses but can also make money from affiliate ads.
What matters most when writing about cryptocurrency is balancing the needed terminology with a writing style that even the least-experienced readers can understand. And when it comes to running a cryptocurrency podcast business, the rules are more or less the same. Just remember to also invest in a good microphone! Considering that as of February 2018 Apple Podcasts featured more than 500,000 active podcasts, your content has to be both high-quality and interesting to stand out.
3 Cryptocurrency consultant
If you’re financially minded, and you’ve worked with businesses before as a consultant, then becoming a cryptocurrency consultant is a great business idea for you. In addition to reading up about the various cryptocurrencies out there, and understanding which industries can benefit most from investing them, you need to be trustworthy to your clients. If you’ve already had lots of success with cryptocurrencies, then this experience itself is enough to set you apart. Additionally, you can get certified or take a course, which you can learn more about here.
Once you have the experience and certifications you need, you can set up a website where you offer your services and rates. You can even pick what niche you work in. Considering that in 2017, cryptocurrencies reached a peak market value after the year-end Bitcoin surge, starting in this business now means success in the future.
4 Cryptocurrency mining
Finally, if you consider yourself a tech nerd, and you love working with computers, you can become a cryptocurrency miner. All you need is to invest in the right hardware (which you can learn more about here) and move to a country where costs are cheap. For example, if you’re set on living in the EU, consider living in a country like Budapest, where the culture is digital nomad-friendly and electricity is second-cheapest.
Depending on how finance-minded, entrepreneurial, or creative you are, these are all great ways you can start your career in cryptocurrency and remote working.
Why have you chosen the remote work lifestyle?