If You Are Broke, Stop Trading Crypto And Forex…Learn A Skill- Paschal Chikero
If you are still broke, acquiring an in-demand skill is far better than wasting your time learning how to trade.
As a young person who is still broke, you don’t need to waste time on something very unpredictable. Trading Forex and Cryptocurrencies is very unpredictable and requires a constant flow of cash to stabilize.
With my experience as a Crypto trader, I can authoritatively tell you that the Crypto market is highly volatile. Any news can affect the market within a twinkle of an eye.
If you are not experienced, you can lose all your capital in a minute—I mean a minute.
Why You Should Learn A Skill
You are broke, as in broke, broke….you need something that can constantly generate cash for you.
Something that has stability and is in high demand.
Trading Crypto or Forex does not fall into this bucket. At this stage of your life, trading should not be your focus; your target should be how to get constant cash flow into your bank account.
When you get a skill that pays well, you can invest in anything you want to multiply your income.
A skill that is in demand is what you need in your life right now. Instead of investing the little cash you have into the Crypto market or Forex, use that cash to learn a skill.
Learning a skill will pay you for life; nothing in life can take the knowledge you have acquired from you.
There are a lot of skills that can change your life right now. We are in the internet age, and with an in-demand skill, you can work remotely from any part of the world and earn in foreign currency.
Skills You Can Learn To Work Remotely
There are many hot Tech skills that can change life right now. The great thing is that most of them require a maximum of six months to become job-ready.
Here are some of the skills you can learn now and start earning Dollars in a few months.
Copywriting
Content Writing
Graphics Design
Product Design
Product Management
Product Marketing
Digital Marketing
Cybersecurity
Software Engineering
Video Editing
Data Analysis
Copywriting
A Copywriter is a Writer who writes persuasive words to make you buy digital or physical products or make you take an action. He or she constantly writes from a sales or conversion point of view. He is always giving you a Call To Action.
If you love to write and can creatively convince someone to take action with words, you can definitely make six figures as a Copywriter.
Copywriting will always be in demand even with the new threat from Artificial Intelligence.
Every company needs constant sales to stay in business because cash flow is the lifeblood of every business and Copywriting can generate cash flow.
This skill has a very low bar of entry.
You can learn Copywriting online if you don't have money to do a course. YouTube is filled with a lot of Copywriting tutorials.
Start there. Read books like Cashvertising by Drew Eric Whitman and The Boron Letters by Gary Halbert.
Content Writing
Content Writing, unlike Copywriting, is geared toward educating people about a product and creating awareness.
Content Writing is another skill that will be in constant demand because every business needs to create awareness about their products and well-written SEO content will give them that with little or no money.
Great contents generate organic traffic to business websites in a very cheap way.
You can also learn Content Writing on YouTube.
Graphic Design
Graphic Designers are always in demand. Businesses need them to help create assets for campaigns. As a Graphic Designer, you can work for any company and from anywhere in the world.
If you are a self-starter and don't have the money to pay for a course, you can learn this skill online.
Product Design
We are getting into core tech skills. Product Design, like Graphic Design, is for those who love the arts and want to help create or improve web and mobile applications.
If you are good at product Design, which is also known as User Interface/User Experience Design, you will make good money because UI/UX Designers are well-paid. If you have money to spare, I advise you to go for a Bootcamp.
Product Management
Every tech product needs someone who can create a product roadmap and ensure its success. As a Product Manager, you will work with a team of Engineers, Product Designers, and Marketers. You need to know at least a beat of Coding, Design, and Go-to-Market.
You can go the self-taught route but a Bootcamp will be great.
Product Marketing And Digital Marketing
A Product Marketer introduces a product to the market. He or she is responsible for launching and promoting products and communicating their value to customers.
A Digital Marketer uses different digital channels like Social Media, Emails, and Search Engines to promote a product. A Digital Marketer works under a Product Marketer in a Tech company.
If you love using social media, you love creating campaigns, this could be for you.
You can learn both on YouTube or take a proper course like the one I took, the Google Digital Marketing & E-commerce course by Coursera.
Cybersecurity Analyst
This is an IT professional whose job is to protect a company from Cyber attacks. Every day we read in the news how companies are being hacked by hackers. It is the job of a Cybersecurity Analyst to fortify a company against this.
Software Engineer
If you love working with technology, have analytical and problem-solving skills, this could be good for you.
Software Engineers build and maintain software applications and computer systems.
Software Engineers will always be in demand, ALWAYS. They are like the Carpenters and Bricklayers of the digital space.
You can learn it on your own via YouTube or get into a boot camp. If you need someone to take you by the hand, enroll in a boot camp.
Video Editing
Video Editors are hotcakes because the social media space is now video-driven. Platforms like X and Linkedin that were text-based are now pushing videos so as a Video Editor, you are needed to help companies, Chief Executive Officers, and content creators to edit their video content.
Companies and Entrepreneurs have seen the power of Content Marketing and are spending huge amounts of Dollars to constantly create contents that promote their brands.
You can learn video editing on YouTube or get a course.
Data Analysis
If you are not like me who is scared of numbers then Data Analysis is definitely for you. You need to love numbers and have a logical mind.
As a Data Analyst, your job is to help businesses make data-driven decisions by collecting, organizing, and analyzing data.
Conclusion
Forex and Crypto trading should not be your main source of income, engage in them when you are financially stable. Finally, never pay your bills from your Crypto wallet, if you do, you will squander your capital.
Written by Paschal Chikero.