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The Dos and Don’ts of Bitcoin Freelancing

Of all the recent additions to the Bitcoin profit options roster, one of the most popular amongst users is Bitcoin freelancing. When it comes down to it, this isn’t surprising at all. Freelancing has taken new wind thanks to the internet and technological advancements of the 21st, and we can’t help but be grateful for it. People worldwide have a chance to work from the comfort of their own homes and make a nice stream of income in multiple currencies, including Bitcoin! So, if you’re thinking of joining the new wave of Bitcoin freelancers, here are the dos and don’ts you should consider.

Give Your Skills a Boost

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Even in the Bitcoin freelancing market, finding work can be insanely competitive. Employers expect to see freelancers who know their stuff and can deliver excellent results, and we can’t say that we blame them. No matter what type of gig you’re applying for, making sure that you have the skills to do the job right is essential. In situations like these, it’s better to be overqualified than just average, so if you want a successful Bitcoin freelancing venture, you’ll need to upskill yourself a bit.

Another important thing to consider is what jobs you’re applying for. While there are a plethora of choices in different fields, not all of them pay the same. If you’re not happy with making small earnings from simple jobs, then you should consider venturing into some of the in-demand fields on the Bitcoin freelancing market. Fields like digital marketing, coding, and app development are a few of the best-paid ones you’ll run into, so take a few courses and put what you’ve learned into practice.

Do work with cryptocurrency-focused freelancing sites

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Now the world already has a lot of cryptocurrencies and people are using them. There are specific platforms like “Freelanceforcoins” and “WorkingforBitcoins” that allow payments through cryptocurrencies. All these freelancing sites are cryptocurrency-oriented. Therefore, whether you are offering your services or you are looking for a gig, you can deal in coins.

The amazing thing for freelancers is that currently, cryptocurrency-oriented freelancing sites have less competition. Therefore, if you are one of those service providers, you do not have to do much. Create a gig and wait for getting your order.

If you have better services to offer and have high-quality work, you will definitely win. Furthermore, getting Bitcoin as payment is always a good thing. Because their price changes. You might earn more with the right timing.

And the best thing for service finders is that they can get their work done at less price. As mentioned above, the competition is less. Therefore, the freelancers do not cost higher at these new sites. On the other hand, if you go to some traditional sites like Fiver or Upwork, the rates a quite higher. If you want quality work, you will have to pay
much more price for it.

Do learn about cryptocurrency trading

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This is especially important for freelancers. Although you might be well-off with doing your freelancing job. But you need more than one source of income. The best way is to learn about cryptocurrency trading. The price of cryptocurrency is volatile. You might get 1 Bitcoin for doing the job and the very next day the price drops down. Thus, you will be at a loss.

However, as I have said before, it is volatile. If the price dropped down today, it might rise again. So if you have decided to work through Bitcoins, it is better to learn more about trading. You must know how things work in this market. This will increase your profit ratio many times.

All you have to do is to wait for the right time to sell your coins. If you observe an increase in the price, you can sell
your coins. But if the price is dropping, you can wait for a stable time and then use them to do whatever you want.

Don’t Get Too Comfortable

If you’re expecting something low-effort that allows you plenty of free time, Bitcoin freelancing might not be the right choice. A more relaxed alternative you can go for is automated trading. By using top-notch automated trading platforms like Immediate Edge, users can earn a nice passive income that gives them enough freedom to enjoy their pastimes. Thanks to the AI trading bots these apps boast, users can sit back and relax while the software automatically invests in opportunities with great potential.

It’s safe to say that Bitcoin freelancing isn’t for everyone. Unlike most other Bitcoin profit options, Bitcoin freelancing doesn’t rely on luck and predictions but hard work and dedication. Whether you see it as part-time or full-time work, the activity still entails working. You’ll need to spare a fair amount of time out of your day to complete jobs, which can seem impossible if you already have another day job. Essentially, if you don’t see Bitcoin freelancing as a job, it’s probably not the right choice for you.

Don’t Apply for Every Job

We’ve already touched on this, but we feel like there’s plenty left to say on the subject. As we mentioned, employers expect excellent results from freelancers. Whether you like it or not, the freelancing world can be very high-maintenance, so harsh critiques aren’t a rarity. Since many freelancing sites work with scoring and review systems, subpar work can leave you with a bad rating, which can massively impact your chances of finding work in the future.

When you’re starting, we recommend applying for gigs that aren’t high-impact. Find gigs that don’t carry too much responsibility and make sure that you can finish them without a single misstep. The pay may be lower, but it will give you time to learn the ins and outs of the market. Even if you’ve taken out advice and signed up for a top-notch coding course, you should avoid gigs in the field until you’ve gathered a bit of experience. Start small to get a good rating score going and work your way up over time.

To sum up…

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Bitcoin is changing our market and so does the market for freelancers. This is the time for them to do something so they can work in advance with their competitors. Freelancers have time to take a step ahead of their competitors. They can make their name on the latest platforms by providing better services. However, they should not ignore customer management and take this business as a token.

Ricardo is a freelance writer specialized in politics. He is with foreignspolicyi.org from the beginning and helps it grow. Email: richardorland4[at]gmai.com