You wanted to start with blockchain and crypto, Right?
You may be asking yourself how should I start with them, so that is why I am here and I am gonna help you to understand both of them and how to start with them.
So without waiting let’s start…..
What is cryptocurrency?
Cryptocurrency is just another form of money that is present virtually physically, which means you can see it on your electronic devices but can’t touch it. Examples of cryptocurrencies are Bitcoin(BTC), Ethereum(ETC), Cardano(ADA), and many others you see in crypto markets.
What is Blockchain?
Blockchain is one of the technologies which is being used to create cryptocurrencies. You can think of blockchain-like software being used in your bank to keep track of your money.
So you got the idea of cryptocurrency and blockchain, Now what?
Now you need to choose which one you wanna start, so try to answer the following question and you will get what you want.
Do I want to make money by putting money? Do I want to make money by learning technology? So you answered the questions Right?
If you are interested in the first then you want to be a Crypto Investor.
How to become a crypto investor?
The Crypto market isn’t like a traditional market, here you need to understand things that are not easy despite you are not a tech guy you need to understand some technological terms.
To start crypto investing,
you have to create an account at a crypto exchange and complete your KYC.
In most cases first, you need to buy a stablecoin and then swap this with your desired coin.
Note — Putting money in any coin or token is risky so before investing in any crypto asset analyze it carefully.
If you are interested in the second then you are wanting to become a blockchain developer.
How to start with it?
Let’s try to answer it, If you want to be a blockchain developer then you need to follow these steps -
choose a blockchain which you wanna start, Ethereum is the most famous and with the biggest community so let’s see a road map on how to be a developer on the Ethereum blockchain. (If you choose another blockchain then languages and SDKs might be different but the basic road map remains the same)
Choose a Programming language that is used at the blockchain, for Ethereum it’s solidity. for starting with solidity — The learning resource https://solidity-by-example.org/ and ide is https://remix.ethereum.org/ . You can start with them Start with frameworks and tools For Ethereum tools are Truffle https://www.trufflesuite.com/ , Hardhat https://hardhat.org/ , Waffle https://getwaffle.io/ 3. See which type of projects are being made on the blockchain, on Ethereum the beginners are
check this cool GitHub for beginners https://github.com/aduttya
Voting system Multisign Wallet ERC 20 token sale online casino Banking system Tip — During projects try to collaborate with people projects and share your learning with people without hesitation.
To get a job in the crypto industry I will write a whole blog because it’s a wide topic.
Note — As a developer, you can also use your knowledge and skills to make money without being a developer. How? In the crypto industry, there are things that most developers can understand and make money with them like Flash loans.