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Is on-chain data analysis a good career path? (alien.top)

submitted 10 months ago by FrequentMushroom@alien.top to c/ethereum@blockchained.world

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I’ve got a great understanding of crypto and have been making educational videos about crypto since 2018, it's led me to get some social media jobs, content creator and community manager roles. But this is becoming super saturated and companies end up hiring someone from the Phillipines for 20% of the salary.
I’m looking to get into a the fraud and on chain data side of things - considering taking some Chainalysis certificated or breadcrumbs. Or even the on-chain data analysis side, like with Dune.

Does anyone work in the space and can give insights to this?

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[–] AmericanScream@alien.top 1 points 10 months ago (6 children)

No.

Period.

While stuff like Chainalysis are more white hat crypto types, it's still not a growth industry no matter what people say.

There are tons of stories of HR people who will immediately reject people who previously worked in the crypto industry.

Also, in 10 years there won't be any reasonably sized industry. Most people working in crypto are relatively transient in their jobs.

[–] redditburner314@alien.top 1 points 10 months ago (4 children)

That sounds like a prediction

The extreme negativity is why the job market is good imho

Nobody wants to be a crypto developer so it's a thin field for those who are there

[–] AmericanScream@alien.top 1 points 10 months ago (3 children)

There's also no job security in crypto. I've never seen another industry where on Monday, they're saying everything is fine, and on Wednesday they declare bankruptcy.

[–] redditburner314@alien.top 1 points 9 months ago (1 children)

Yeah, but then you just get another job which there isn't a lot of competition for because the number of people who know this stuff is small and no one wants to learn it because everyone is getting carpet bombed with negative propaganda.

My perspective is a bit different though, I think, because I was an early Bitcoin investor so, for me, unemployment is just a vacation 😅

[–] AmericanScream@alien.top 1 points 9 months ago (1 children)

Yeah, but then you just get another job which there isn't a lot of competition for because the number of people who know this stuff is small and no one wants to learn it because everyone is getting carpet bombed with negative propaganda.

That doesn't sound very appealing.

My perspective is a bit different though, I think, because I was an early Bitcoin investor so, for me, unemployment is just a vacation

It's funny how many people claim that. Which is probably significantly more than those who actually did see huge returns. I hope you cashed out already, because a lot of those early adopters who think they're rich will eventually find out they aren't.

I'm also curious how much you think you have which makes you financially independent? These days, people coming into large amounts of money is more likely to cause them to squander it than play it safe.

[–] redditburner314@alien.top 1 points 9 months ago

It's appealing to me

I play it safe, I'm not balling out of control

People told me that the tide was going to go out for good at $200. Now here we are, doom still right around the corner.

I live in Los Angeles, if I continued to spend like I do, it would take probably 80 years or more to run out of money.

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