Bitcoin keeps dropping lower in value during the last few weeks, and there is no end in sight. While it had a value of almost $20,000 on December 2017, BTC steadily dropped down to $6,000 until the month of October 2018.
Right now it stands at an all-time low of $4,300, and this could mean it could drop to a flat $4,000 at Q1 of 2019, or even later in December 2018.
Meanwhile, qualified individuals who were looking for a job in the blockchain business are suddenly not looking into getting such a job anymore due to the unstable fluctuation in the value of the Cryptocoin market.
And on the other hand, employers’ interest in qualified workers are slowing down with hiring, as the future of blockchain is uncertain.
Generally, salaries for blockchain technology jobs can range from $80,000 to $130,000 a year depending on the hiring company. Compared to Switzerland, blockchain developers get from $120,000 to $180,000 a year, so we are looking at at least $10,000 to $15,000 a month.
For Blockchain Engineers, the salary is an assured $150,000 to $175,000 annually. This sets a job in this area as one of the highest paid jobs in the IT related working field.
Unfortunately, due to the recent decline in crypto coin value, the job-seeking workers for this field are dropping together with it, so one will have to see how the year ends for the crypto market and if we could see its recovery anytime soon.