Top Trends and Courses to Build Your Cryptocurrency Knowledge

Cryptocurrencies are digital assets that exist on a decentralized network that is distributed among many computers, allowing them to function outside the control of governments and central authorities. Several industries, including finance and law, are expected to be disrupted by blockchain technology. Cryptocurrencies provide cheaper and faster money transfers and decentralized systems that are not vulnerable to single points of failure.

The Biggest Crypto Trends to Watch Out for in 2022

Institutional investing in crypto markets is likely to increase

We are likely to see an increased number of institutional investors in the crypto market by 2022. With Microsoft and Facebook investing heavily in the metaverse space and major corporations like Nike and Adidas linking up, we should see a lot of activity in the decentralized finance (DeFi) space. Banks have started to notice the power of cryptos as well.

NFT market growth likely to continue

Decentralized funding options have been facilitated by NFTs. NFTs are quite secure and help to authenticate the ownership of digital assets. NFTs have become quite popular among artists and creators. The crypto market is expected to experience an increase in the value of crypto assets.

Web 3.0 expected to enter the mainstream

The benefits of Web 3.0 include personalization and avoiding single points of failure (if a site crashes, your activities won't be affected for the duration of the downtime). A third version of the internet will bring benefits to cryptocurrencies such as Ethereum, LivePeer, Helium, and many others that are linked to it.

Scope of Cryptocurrency and its Professionals

Cryptocurrency markets have fluctuated widely due to both downward and upward factors. This indicates that there will likely be dramatic changes in the direction of cryptocurrency in the coming days. By integrating new technology into the banking system, cryptocurrency may reach new heights. 

Cryptocurrencies are already being adopted as alternative currencies in some countries. Many nations are testing how they can control and provide legal authority to such digital currencies.

Prerequisites for a Job in Cryptocurrency

While there are ample courses, certifications, and nanodegrees that will help you on your career journey in Cryptocurrency, there are certain skills and abilities that are prerequisites to a career in Crypto. These are:

• Technical Skills: Cryptocurrency jobs require a range of technical skills, including Java, machine learning, Python, artificial intelligence (AI), C/C++, Node.js, and Amazon Web Services
• Soft Skills:  Employers also value soft skills like communication, creativity, and problem-solving, as well as entrepreneurs, self-motivated individuals, and team players

Career Opportunities in Cryptocurrency

Cryptocurrencies aren’t going anywhere any time soon, and job opportunities will remain lucrative in this field. Based on your education, skills, and experience, you may be able to find a job in the rapidly growing market if you are passionate about cryptocurrency and blockchain technology.

Business Development Representative

There are ample business opportunities related to cryptocurrency (in healthcare, finance, and real estate, to name a few), so people need to look for them, push product partnerships, and close deals.

As a business development representative, you should have excellent communication skills, as well as a thorough understanding of the goal of your company's Bitcoin application. It’s a plus to have a degree in business, finance, or communications.

Average Salary: Business Development Representatives make $45,619 per year, on average.

Data Scientist

Considering that blockchain technology is relatively new and often misunderstood, there is a high demand for experts in data science. Your job would be to analyze transaction data to help engineers streamline the experience. In addition to holding a master's degree in data or computer science, data scientists need strong analytical skills and the ability to communicate trends to company leaders.

Average Salary: Data Scientists make $111,840 per year, on average.

Financial Analyst

When working for hedge funds, insurance agencies, or private investors, a typical day includes recommending investments, determining investment strategies, evaluating risks, and maintaining portfolios of investments.

The Financial Industry Regulation Authority issues financial analysts with licenses. After four years of experience, they became Chartered Financial Analysts (CFAs).

The ability to analyze, compute, and apply math will make you an attractive candidate for cryptocurrency-related work. You also need to have an understanding of how new regulations, policies, political issues, and economic trends affect investments.

Average Salary: Financial Analysts make $81,760 per year, on average.

Journalist

A crypto journalist reports on cryptocurrency and blockchain tech for a newspaper, magazine, blog, or even a brand.

To land a position as a journalist, you usually need to have an internship at a newspaper or magazine and a bachelor's degree in journalism or communication. Writing samples (or broadcast, if you're interested in that type of journalism) are important too.

Average Salary: Journalists make $38,870 per year, on average.

Machine Learning Engineer

Considering that cryptocurrency is a digital asset, there is a need for digital application developers who can provide customers with secure, user-friendly experiences. The largest crypto exchange in the world, Coinbase, uses machine learning to keep up with hackers.

Typically, machine learning engineers are experienced with NLP algorithms and data analysis. They have at least a master's degree in computer science; some have a doctorate and are familiar with statistical analysis languages like Python and SQL.

Average Salary: Machine Learning Engineers make $112,421 per year, on average.

Research Analyst

By performing research analysis, the objective is to help people stay informed about developments in the cryptocurrency industry and make better decisions. A research analyst should have solid skills in data analysis, strategic thinking, and written communication.

Typically, analysts have at least a bachelor's degree in market research or a closely related degree. They should also have a deep understanding of cryptocurrency markets, currencies, technologies, trading platforms, and applications.

Average Salary: Research Analysts make $62,560 per year, on average.

Security Architect

Despite being harder to hack than traditional payment systems, a cryptocurrency still needs security architects to ensure its security remains rock solid. It would be your responsibility to create systems that protect the company's technology from outside threats and fraudulent transactions.

In addition to a bachelor's degree, security architects need a strong understanding of data analytics and analytical skills.

Average Salary: Security Architects make $92,600 per year, on average.

Technical Writer

Companies that create new types of cryptocurrency often write a technical white paper to attract investors, which is usually between 20 and 50 pages long, describing their strategy for developing and marketing their technology.

Content writers working in the crypto industry should be familiar with how blockchain technology works, possess persuasive writing skills and have command over spelling and grammar. Experience in social media and digital marketing would also be helpful.

Average Salary: Technical Writers make $69,850 per year, on average.

Web Developer

Smart contracts are computer protocols that allow people to conduct transactions without relying on a third party (such as a bank). Blockchain web developers write and maintain smart contracts.

Among the languages used by web developers in the blockchain industry is JavaScript, React (a JavaScript library), Python, and Solidity.

The industry is changing and developing at a very rapid pace, so you must be able to work in a fast-paced environment and learn new coding languages as they are adopted.

Average Salary: Web Developers make $66,130 per year, on average.

Top Courses to Get You Started in Cryptocurrency

Certified Cryptocurrency Expert (CCE)

Provider: Blockchain Council, Price: ₹ 11,499, Duration: 4 Hours, Delivery Medium: Online, Level: Intermediate

Certified Cryptocurrency ExpertTM (CCE) is an advanced level certification and training that provides crypto-expertise. From a vendor-neutral perspective, a CCE credential certifies an individual in the Blockchain discipline of Distributed Ledger Technology. The Certified Cryptocurrency Expert (CCE) program will familiarize individuals with the fundamentals of Cryptocurrency trading. The purpose of this course is to make Cryptocurrency concepts as easy to understand as possible for people who have no prior knowledge of Blockchain technology.

The certification would require a significant commitment on the learner’s part to cover the course material in-depth and iron out any queries they might get from the same.

Online Degree in Cryptocurrency & Trading

Provider: Blockchain Council, Price: ₹ 24,999, Duration: 5 hours, Delivery Medium: Online, Level: Intermediate

The focus of this online degree program is to provide you with the skills and knowledge you need to be successful in the Cryptocurrency and Trading space. Learn how to become a successful investor in the Cryptocurrency market from veterans in the field. You will learn about technical analysis, candlesticks, blockchains, derivatives trading, and good investment strategies.

The course was designed specifically for both novice traders and seasoned traders to learn the art of strategizing trades in the crypto market. A comprehensive structure understanding of the revolutionary cryptocurrency space can be gained through a comprehensive understanding of blockchains, bitcoins, trading, and all its know-how.

Certified Cryptocurrency Trader (CCT)

Provider: Blockchain Council, Price: ₹ 11,499, Duration: 5 hours, Delivery Medium: Online, Level: Intermediate

Learn about the Cryptocurrency market from industry veterans. You'll discover technical analysis, candlesticks, blockchains, derivatives trading, and good investment strategies to be successful. Designed for both beginners and experienced traders, this certification will teach you how to trade by doing live examples. You will also learn Crypto trading with real money on CoinDCX, the official exchange of Blockchain Council.

Traders who are knowledgeable about the stock market will also have an advantage as most of the concepts in the certification are directly related to the trading of stocks. Researchers and experts designed the certification, which results in extremely high-quality education for learners.