How to use your finance degree to make money with crypto
So you have a finance degree. Congratulations! You are now in an elite group of people who have the skills to make money in various industries. But what if you want to use those skills to make money with crypto? We’ve got you covered. We will discuss how you can use your finance degree to make money with crypto.
1. Be a token trader
Token trading is the most lucrative way to use your finance degree. You can make money in two ways:
- Buy low and sell high
- Shorting tokens with borrowed coins
Once you have mastered these concepts, you can get paid to trade at any token exchange where you hold an account. Some exchanges will pay traders to use their platform.
2. Work in a crypto hedge fund
Many hedge funds have adopted crypto trading as a fundamental part of their operation. If you have an MBA in finance, you can get paid to manage such a fund. Your salary will be market-dependent. You could alternatively work at one of the many new crypto funds popping up.
3. Get paid to be a crypto expert
You can use your finance degree to get paid as a crypto expert. You can contribute news, analysis, or opinions about upcoming events and earn rewards from various media outlets. These publications include Cointelegraph, Bitcoin Magazine, and Hacker Noon, among many others.
4. Get paid to work at a crypto exchange
Another way to make money with crypto is to work at one of the many exchanges popping up all over the globe. You can use your finance degree in this fast-paced industry by doing tasks like trading, customer service, or compliance verification. Be warned, the money is not as good as trading, but you will have a steady income.
5. Build your own crypto hedge fund
Using your finance degree to build a crypto hedge fund takes a ton of capital and connections. However, it can be worth it if you know what you are doing. In the Sharpe ratio style, you could easily rake in 100% return on investment or more. That is not a typo.
The best part about this way of using your finance degree to make money with crypto is that you no longer need an employer because your fund can be self-sustaining.
6. Join the fintech startup craze
This last way to use your finance degree to make money with crypto might become obsolete soon. However, you should still be aware of it because this is where your skills could shine brightest. Since jobs at banks are drying up, fintech startups could use your help. Fintechs need financial analysts, customer service reps, compliance officers. You know what they need.
Conclusion
So if you want to use your finance degree to make money with crypto, you have many options. As more and more companies enter the blockchain space, the opportunities will only increase. The important thing is that you know your skills are valuable in the crypto industry. It takes research and knowledge to take advantage of this booming field.
