Working for cryptocurrency therefore offers a series of benefits, but also requires hard work dedication and, often, some specialist skills.
Blockchain is a unique field, and while many skills are transferable, you’ll need to apply them within this new framework. In other cases, highly specific blockchain-related expertise will be needed. Here are some of the skills you might find helpful for pursuing a career in cryptocurrency.
- Understanding blockchain. Whatever your role, you’ll need at least some grasp of blockchain technology – though depending on the job, it may not need to be extremely detailed.
- Coding and smart contracts. This is a technical field, and many jobs require blockchain development experience. Ethereum developer jobs will need smart contract programming skills (Solidity).
- Data analysis. The blockchain records a wealth of information, and if you have a background in data science you may be eligible for some of the top careers in cryptocurrency.
- Security and Cryptography. These skills will always be useful for any technical blockchain role.
Blockchain is the #1 hard skill listed by LinkedIn for 2020, and there are a huge range of entry-level cryptocurrency jobs and more senior vacancies. According to market analysis site CAGRValue, some of the top blockchain jobs and skills include:
- Blockchain developer (including Ethereum developers). You’ll need one or more programming languages, including smart contract languages (Solidity).
- Blockchain engineer. You’ll be designing blockchain systems, so a software engineering background or computer science background will be useful.
- Data scientist. Coding experience and deep knowledge of blockchain technology required.
- Security architect. You’ll need to know your way around online security through work in a relevant field.
- Machine learning engineer. Knowledge of data processing algorithms; Masters/PhD in computer science often required.
- Research analyst. Coding skills and broad knowledge of blockchain.
- Financial analyst. Bachelor’s degree and a licence to practice from the relevant regulator.
Aside from these hard skills, you’ll benefit from various soft skills, too. This is true even in a technical role, but vital if you’re looking at cryptocurrency jobs in marketing, community management, and so on.
- Willingness and aptitude for learning. Blockchain is a fast-moving field, and there’s always more to learn. You’ll need to stay up-to-date with what’s going on, and learn about areas of the technology you haven’t got to grips with before. Being a self-starter is vital.
- Collaboration. Since you’ll be operating in small groups, and probably with a high level of responsibility, it’s critical that you work well with other people. This can be more complicated if you’re working remotely, and across different time zones.
- Creativity. Whatever your role, technical or non-technical, you’ll need to find new and effective ways of articulating ideas and solving problems. The ability to think outside the box will serve you well.
- Communication. Careers in cryptocurrency require that you work with ideas that most people find complex and outside of their normal frames of reference. The ability to describe difficult concepts in a simple, compelling way will be hugely valuable.
You’ll find a wide range of cryptocurrency careers available on any large recruitment site, from entry-level blockchain jobs to specialist and highly-paid technical roles like data scientists and system architects, as well as marketing and comms roles. Whatever career you pursue, you’ll need to be highly motivated, hard-working, prepared to learn fast, and at home working either on your own or in a group. Good luck!