Getting Your Footing For 2020: CryptoCurrency Portfolio Management - An Emerging Profession?
With all of the ICOs we have and the likelihood that for a fairly long period of time we'll continue to see some more, along with the fact that the main 'Power' coins (with high market caps and a lot of development/community support) will be competing for a spot alongside or ahead of bitcoin at some point, we can only assume that more and more jobs will be created by this. This may be an emerging profession coming to a street near you; that being said, this means that opportunity is ripe for knowledgeable crypto investors who would be great consultants. In order to start a Crypto Asset Management Company, there may be legal requirements (despite the space being somewhat unregulated currently, legal conformance would ultimately protect your company from lawsuits and other legal issues), mind you.
Upon doing some googling after speculating about this possible new business niche, I found an article on Forbes from Feb 2, 2017:
which is about TaaS (a coin launched around April, which I must say I'm pretty interested in after reading about) that is the token for a trading fund that gives profits to those who have the token on a quarterly basis based on the performance of the Portfolio. That being said, that is a little bit different than an individual consultant, and we can only assume that we will see more and more companies begin to embrace crypto and begin to attempt to monetize consultancy within it. By 2020, this may be a far more common profession than today. Someone will likely become a big name in that niche and it could be any person reading this article (or an already prestigious investment company... whomp whomp whomp haha but that doesn't mean don't try!)!
good
Once it enters the mainstream of investing you will see these types of professions develop. Unless they are earning all their money from trading Cryptocurrency, most people won't have time to research all the different coins all day long. People will just live their lives and pay others to research and invest for them.
Agreed! Well Said! :)
Interesting take. SEO copywriters and content developers are already in demand here in Malaysia, which I am sure is the same if not more in other countries. It's only a matter of time - a short one I would bet - for this kind of profession to pick up some pace.
Finally the internet is fulfilling it's 'boundless' potential. Good thought. Have a fresh, 100% upvote.
Thanks! :)
This is a really interesting prospect. I am already buying cryptocurrencies for my family, so I'm kind of acting as the family cryptocurrency manager. I'm always looking for entrepreneurial ideas and this one really struck an interest, so thank you!
You're very welcome! Thanks for reading! :)
It is definatelty something we should all atleast look at. @biddle
Totally agree with your perception. Its a good job for techno-traders who love cryptocurrency.
The concept is great. Amazing how technology actually creates jobs.
nice