The hottest topic in the market is still cryptocurrency, but rather than the initial hype about the overnight millionaires of bitcoin and ethereum, we talk about the Bart Pattern in pricing volatility and how “unsafe” investments in cryptocurrency are.
For more information on the Bart pattern: https://www.bitcoininsider.org/article/24809/what-bart-pattern
Whether you believe cryptocurrency is just a passing fad or the next big thing, one thing’s for certain – there will always be those who are willing to make the plunge into this new area, whether it is through investments, starting their own company or working in this space.
Today, we take a look at the third option.
Before you start looking into job opportunities within the cryptocurrency space, ask yourself a few key questions.
- How well do you understand cryptocurrency?
- Why are you interested in this space? Really dig deep and ask yourself, are you in it because it is the “next big thing” or do you actually have a vested interest in this area?
- How comfortable are you with risk? (If you can’t bring yourself to invest in it, are you willing to make a career out of it)
Here’s a quick guide into Cryptocurrency Trading:
Because this area is relatively new, there are a lot of things to consider before you make a career change into cryptocurrency.
There are many guides existing online about breaking into the cryptocurrency job market, but have you considered the most important question:
Are you ready for this jump?
If you wanted to learn about the most common positions and skillsets needed in cryptocurrency:
What about companies?
Again, because this area is relatively new, you must do your research on the companies that exist in this space to make an informed choice for yourself.
Some questions to consider:
- How long have they been established? Chances are, if they have been around for a while now, the company would be relatively stable.
- If they are a startup, do you believe in their vision?
- How fast are they expanding?
- What are their growth plans? (Different than the previous question as this one focuses on the business strategy, not the hiring portion)
- How much funding do they have?
- What types of people work for them? What backgrounds are they from?
- How knowledgeable and up-to-date are the management team on the market?
The list goes on, but it really does narrow down to the same question you should always ask yourself when making a career change:
How comfortable are you with risk?