Looking for a Job in Crypto? Here Are 5 Skills You Need

Written by
Rebecca Smith

Published
Jun 18, 2021

Jun 18, 2021 • by Rebecca Smith

Let’s be honest. The cryptocurrency space is just a tad more interesting than the “real” world. If you can tolerate your favorite coin’s wild price swings and the ever-present threat of a scam or theft that relieves you of your crypto, there’s a lot to love in this realm.

The same excitement and energy that compel so many investors to seek crypto exposure bleed over into the cryptocurrency job market. The crypto economy needs risk-taking true believers who deeply believe in the blockchain’s transformative potential. And the rapidly growing, rapidly diversifying companies that support it — well, they’re hiring.

If you’re looking for a new career where you can actually make a difference, where you can do something you really care about each and every day, crypto has most likely crossed your mind. 

The next question is: Do you have what it takes to find success in this high-stakes, high-risk industry? These five skills certainly won’t hurt.

An Intuition for the Crypto-Curious

The crypto industry is still in its early days, but it’s clearly experiencing a period of unprecedented growth. The average crypto market participant today wasn’t involved in the space two years ago.

This means that the great mass of crypto investors and would-be crypto users is relatively inexperienced, unseasoned. They’re joined by an even greater number of crypto-curious folks who’ve thought about getting involved but haven’t yet pulled the trigger.

Successful crypto professionals intuitively understand these two groups of people. They see them, not the grizzled veterans, as their true markets. And they work hard to develop and promote innovative financial products that bridge the gap between the crypto world and the fiat world, making crypto more accessible (and acceptable) to normies.

Sound like you? Then you have a strong basis for a successful future in crypto.

A (Reasonable) Tolerance for Risk

Investing in crypto is a risky proposition, at least in the short term. This isn’t news. 

What might be surprising is that crypto professionals need a degree of risk tolerance that’s right up there with the investors they serve. Not because they’re walking the walk and investing in crypto themselves, although that’s part of it. Crypto professionals need to be risk-tolerant because their jobs are, in the aggregate, not nearly as secure as their peers in more stable, mature industries.

That’s not anyone’s fault. It’s the nature of the business. But it’s important to understand before you get into the game.

There’s another, related reason the crypto space benefits the risk-tolerant: Successful crypto companies tend to do things no one has done before. At least, no one has done successfully before. That inclination promotes a culture of risk-taking that the cautious might find alienating.

An Uncanny Ability to Persuade

Powers of persuasion are useful in virtually any career. It’s helpful to be able to persuade your colleagues and bosses and customers that your ideas are sound and convince them to come around to your side. Persuading your prospects is no easy task, but fortunately, you can use tools that will make your job easier. For example, you can implement mass text marketing strategies that allow you to communicate with your potential customers through a channel that cuts through the noise to achieve real results. Sending bulk SMS messages online to mobile devices allows you to reach specific consumers in a way that isn’t possible through traditional marketing communication. Once you’ve selected an SMS marketing partner, the next step is to look for SMS marketing campaign ideas and examples to learn from. 

Persuasive ability is doubly important in dynamic, fast-growing industries like crypto. It could mean the difference between getting a multimillion-dollar venture capital check and laying off half your staff because your funding has dried up.

A Knack for Numbers (But You Don’t Have to Be a Math Genius)

Few people who work in crypto truly understand how the blockchain works. Well, they understand the basic principle and mechanism of the blockchain, but the actual mathematical basis for it flies way over their heads.

That’s perfectly fine. Most pilots don’t build their own planes. 

Successful crypto professionals should be comfortable working in a numbers-based world, however. Especially if their jobs require them to pay careful attention to coin values and fiat conversion rates. 

A Healthy Skepticism of Authority (But Plenty of Respect for Merit)

The crypto world is mostly a meritocracy. The sorts of people who do well in it tend to be those who respect talent, gumption, and hard work. Those same sorts of people tend to have a healthy skepticism of authority, which could be one reason why so many crypto companies adhere to “flat” management structures — and why crypto founders tend to be allergic to the strictures of big banks and other traditional financial gatekeepers.

You Have What It Takes to Land the Crypto Job You Deserve

Many crypto enthusiasts have all five of these critical skills. If you’re among them, you have what it takes to land the crypto job you deserve.

Should you apply? That depends on what you want out of your next job. Like any emerging industry, crypto is a dynamic niche. Sure, the pay is great and the growth potential off the charts, but stability is lacking at many crypto startups. Failure is an ever-present threat.

Your (reasonable) tolerance for risk probably goes far to address your concerns about a possible layoff or corporate failure in your crypto future. With skills like these, you’ll most likely land on your feet anyway. But it doesn’t hurt to acknowledge the stakes before you get involved.