When managing their workforce, businesses must make difficult decisions in today’s unstable economic environment. Due to the ongoing global economic downturn, companies are looking for ways to reduce expenses and boost productivity while still providing the level of service and quality that customers have come to expect. Utilizing staff augmentation or dedicated outsourced teams is one way to accomplish this. But which choice is ideal for your company?
This blog will examine the benefits and drawbacks of both staff augmentation and dedicated outsourced teams so that you can choose the approach that is best for your business. Whether you run a small startup or a large corporation, knowing the advantages and disadvantages of each strategy can help you decide more wisely and ultimately improve your bottom line.
The best practices for IT staff augmentation and dedicated outsourced team
By hiring outside workers to fill in particular skill or knowledge gaps, a company’s existing resources and capabilities can be supplemented through the use of the business strategy known as staff augmentation. The aim of this, which can be done in the short or long term, is to increase the effectiveness and efficiency of the business’s operations. A wide range of tasks and a variety of industries can benefit from the use of staff augmentation. Additionally, staff augmentation can give companies access to specialized knowledge and resources that might not be available internally, enhancing output, raising standards, and cutting costs.
Hiring a third-party business or individual to carry out a particular task or service that would typically be carried out internally is known as engaging dedicated outsourced teams. Dedicated outsourced teams are commonly used to access specialized knowledge or resources that may not be available within the organization, decrease costs, and boost efficiency. To gain access to technical expertise and resources that the company does not already have in-house, a company might, for instance, outsource specific IT or enterprise software development tasks to a third-party vendor that specializes in those areas.
By clearly defining the project’s scope and expectations and closely monitoring the work of the external resources, a company can use staff augmentation to maintain control over the outcome. This can involve outlining precise requirements and guidelines, establishing clear communication channels, and setting clear goals. A company can also maintain control over its budget, timelines, and the caliber of the work produced by using augmentation.
When a business contracts work, it effectively cedes control of that work to the outside party. Control over the resources and personnel used, as well as control over how the function or process is carried out daily, are all examples of this. The outside party is in charge of overseeing the project and making sure it adheres to the company’s standards and specifications. They might use different systems, procedures, and processes than the business employs. Furthermore, the external party might have other priorities and goals than the company.
Organizations typically have two main options for engaging with cost-effective staffing solutions: staff augmentation and dedicated outsourced teams. Due to rising salaries, employee benefits, and a drawn-out hiring process, other options, like hiring a new employee, may be significantly more expensive. The more economical option now appears to be staff augmentation.
Managing hiring costs is one of the main advantages of staff augmentation. The employer’s specific needs determine the cost of hiring, so it is stable and foreseeable for the duration of the engagement. Compared to dedicated outsourced teams, where the cost of hiring can be unpredictable, especially when considering elements like overtime pay, benefits, and taxes, this is a significant advantage.
Additionally, staff augmentation allows businesses to decide the duration of employment. Depending on the defined project scope, this may be short-, mid-, or long-term, and it may also include options for a move to a full-time position. The duration of employment is typically longer with dedicated outsourced teams because businesses commit to a particular group for a long time. This can be problematic if project requirements change or the market changes.
Organizations can start and stop collaboration as needed with staff augmentation because there are no obligations or restrictions. Dedicated outsourced teams usually commit to a project for a predetermined period, regardless of how requirements may change due to various factors.
Additionally, staff augmentation transfers HR and talent acquisition duties from the business to the service provider, which may help cut costs. Organizations are typically in charge of managing and developing their employees with dedicated outsourced teams, which can be a significant financial and time commitment. Dedicated outsourced teams remain the least expensive staffing options available to businesses, but overall, staff augmentation is much more cost-effective than these teams.
Devoted outsourced teams may introduce new dangers, like intellectual property theft or a lack of quality assurance. A business that outsources work to another organization or person risks unintentionally disclosing confidential information. There may not be the same level of supervision or control over the work being done by the company, which could result in lower-quality work or compliance problems. To reduce these risks, it’s crucial for businesses to investigate any potential partners for their dedicated outsourced teams thoroughly and to have solid contracts in place.
Contrary to dedicated outsourced teams, staff augmentation does not pose the same risks of lost intellectual property or lowered quality control. As a result, the business has more control over the work and is less likely to divulge confidential information accidentally. Additionally, the business can uphold its quality control procedures and standards, which can help guarantee that the work done is of the caliber the business requires. The client company may request the augmented team to sign a non-disclosure agreement (NDA) to create a confidential working relationship and add a layer of security.
Managed services and staff augmentation can aid companies in finishing development projects. While managed services are better suited for businesses that need long-term assistance and want to outsource entire tasks, staff augmentation is an excellent option for those that need flexibility and have short-term, specialized needs.
With our highly qualified and experienced full-time developers, designers, project managers, data professionals, product managers, and business analysts, W2S Solutions provides world-class IT staff augmentation services to optimize your team.
Web designing is an industry where there are so many experts in the field that most leave a lot of space for clients to get suspicious of getting ripped off. You might hire UX developer who might ask you to opt for a full scale redesign if you have an existing website instead of focusing on the changes required. While you’ll see other designers trying to make websites unique to an extent that it loses its user friendly capacity.
Sometimes designers from a web designing agency are aware that they are not fulfilling all the requirements of making a fully functional website. And it is worse when they have no clue about how a website that is not optimised is nothing but drainage of money as the website then acts like an investment with no returns.
So how do you ensure that you are not one of those clients who fall in the vicious trap of draining your money on web designers from a web designing agency? Well, these are the 11 money draining mistakes no web designer will dare to tell you – either because they don’t want to work but get the money out of you or they themselves are not aware of it.
So if you hire UX developer from a Web designing agency, ensure that you know the basics yourself so that your web designers do not get the chance to make any money draining mistakes.
1. Giving importance to aesthetics than functionality
When you hire UX Developer, he might make you go through all the pretty sites they have made and impress you with how good they look. Despite the aesthetic appeal, they might not have the basic functionality attached. So if your designer directly jumps into graphics and animations and how to make your website more aesthetically pleasing without having a discourse on the functioning of the website then it can be a big red flag. This might mean that you’re going to pay for those amazing flashy graphics that do no good other than looking great.
2. Designing without knowing the target audience
Web designers often tend to jump onto getting the initial frameworks done without understanding your business or even your target audience. They’ll replicate the reference websites you give them but will not go through them to understand what business perspectives do those websites use. Understanding the prospective audience of a client is crucial. Answering what are the problems of the target audience, how can it be solved, why will they come to you, how can the website hook them to avail your services – all of these are vital to understand before going forward towards making a full scale website.
3. Your website cannot be updated on your own
The small or basic edits should not be difficult to do and you should be able to do simple updates like updating the ages or copy. But if your web designer has plans of ripping you off they will deny you the access to the back end and insist on making all the updates themselves and charge a lot of money for the smallest updates as well. In today’s world where content management systems have become easier to use, updating the page titles or making some changes in the blog posts due to grammar errors or typos is as simple as writing something in a word document. No web designer should charge you for just making the smallest of edits like changing a few words.
4. Not Designing for Mobile
If you hire a designer who does not make the website mobile adaptive and responsive and solely focuses on showing you how it looks on your desktop then it is a serious red flag. If he never brings up the conversation about mobile adaptability but charges similar to web designers who look into both desktop and mobile adaptability then your web designer is just draining your money. The future of the web is in the mobile and most of the traffic online is through mobiles. If mobile optimisation is not considered then your website will be more ancient than you can think of and your investment will yield no returns.
5. Not Planning for After the Site is “Finished”
If you hire UX developer from a web designing agency and don’t see him talking about how to keep the website updated and bring about the necessary additions once a while then he has just been eyeing to rip you off without any engagement in planning how to keep it new for visitors every now and then. This can be done by adding blog posts, creating some news updates, creating sources like calculators or other user friendly tools for your customers. If you web designer is not keen about looking into this, then the website launch and maintenance will just rip you off without generating traffic.
6. They’re not image conscious
If your web designing agency does not know how to consciously use images then it can be a real problem. Be it cheesy stock photos, file names that do not have search terms but are only automated scrambled characters, or take a long time to load the image – all are traffic killers. Cheesy images can be confusing with no clarity and no relation to your services and content. Ideally the images should reinforce the content to make your message simpler for the visitors. Usually, original photos are the best as it answers the questions or demonstrates something to the visitors. If your web designer did not talk to you about how to not use generic photos or how to make use of stock photos with meanings or does not optimise the images for fast loading – then you will lose out on traffic and it will only be a money drain.
7. Don’t know about SEO
SEO is one of the crucial practices that one needs to implement to ensure that the website gets organic traffic due to ranking in the search engines and people are more easily able to find you. Web designing is crucial when it comes to playing a role in SEO. If your website is not SEO optimised then creating and running a website is a waste of money and you’re also wasting time on the internet. No web designer will tell you of this money draining mistake, but you should be aware of it.
8. Not cautious about content
Often web designers do not care much about the content and do not try accommodating your copy or headline that makes sense in the homepage. You might find typos throughout the pages as you navigate them. The idea of a website is not only to WOW the audience with impeccable design but also to hook them and convert them who will balance your current assets. Therefore, tailor made copies drive the most conversions. If your web designer does not accommodate the copies to end up with a Call to Action then it can be a serious issue. Content in the website needs to be optimised to ultimately reach the CTA where conversions occur. If you hire UX Developer but he does not tell you about this and evades it then you will be draining money as there will be no conversions.
9. No Application of User Centered Design Process (UCD):
It is crucial to ensure that there is a positive user experience when they surf through your website sections. This means that there should be a seamless mobile usability, a proper navigation bar and the like. If while designing and trying to make a website unique you try adding pop up galleries and pop up messages every now and then, it takes away from the user experience making it difficult to convert them later. If your web designer only tries amazing visuals without using a UCD approach by placing users at the center of the design – then your money is just getting drained on this website.
10. Your home page uses carousels
Carousels are not always bad but can become terrible if they scroll by themselves. This can be your conversion killers as they look more like ads and cause banner blindness in turn reducing visibility. As they tend to distract your website visitors drawing their attention away from the focus, you will lose your traffic. So if your web designer only wants to include carousels and have design skills of ancient times, you will just be ripping yourself off because of these mistakes.
11. Your website does not follow design norms:
Usually being used to the usual generic design conventions, users expect all websites to follow it. Despite getting a lot of flexibility in this aspect, you will still need to be conscious while implementing any. If your visitors struggle with finding the search button or the navigation tool, you’ll lose them at the start of the funnel and lead conversion will be impossible. If you hire UX developer who does not include most of the accepted design conventions then you’re just setting up a website that appeals to you but does not drive conversions which ultimately is nothing but a money drain.
Choosing a right framework is one of the most vital aspects that the team has to decide upon when it comes to web development. Currently the best framework available is Laravel and the hype over it can be completely justified. It is not only the best open source PHP framework in 2021. If you Hire Dedicated Laravel Developer, you will see the difference in the enhanced performance of the web application.
What is Laravel Framework?
Laravel is a popular web app development that is composed of outstanding and expressive syntaxes that ensures that the entire procedure of web development becomes easier, faster, and efficient by removing all the complications that are intertwined with the complex PHP code.
If you Hire Dedicated Laravel Developer you will usually see them preferring Laravel PHP over other frameworks as it takes care of the general tasks of the developers like routing, authenticating, catching, or other tasks. This enables the developers to focus on working on enhancing business associated features of the application.
The intent behind the creation of the Laravel framework was to ease and quicken complex coding for developers, and it has been able to fulfill this vision of Taylor Otwell effectively.
The Top 5 Reasons why Laravel Framework Features has become popular are:
There are several eminent competitors of Laravel trying to gain the top most position in the PHP frameworks’ market. When you Hire PHP Programmer Coders, they will usually prefer Laravel for its sturdy features that make it stand out from the rest. Some of these are as follows:
1) Blade Template Engine
One of the aspects in which Laravel outweighs its competitors is the use of Blade Template Engine that is extremely powerful and efficient when compared to the existing PHP templating engines. Your web application gets zero overheads and additionally no restriction is present when it comes to using the plain PHP code in views. It provides some quick shortcuts for the usual PHP functions and stands out using the features of display of data and template inheritance for adding flexibility to the procedure of web development.
2) Eloquent ORM
If you Hire PHP Programmer Coders, they will definitely resonate with the fact that one of the strongest features of Laravel is the Eloquent ORM that provides them with an effortless and plain ActiveRecord implementation to enhance and make the interaction with databases hassle-free and less time consuming.This supports developers helping them write any kind of database queries using the PHP syntaxes without having any knowledge of SQL for updation or modification of databases.
3) Laravel MVC Architecture
The architecture base of this PHP framework is MVC based and hence Laravel ensures a compact separation between the presentation of the layers and the business logic. As Laravel is built on MVC, the PHP framework provides several distinct features like scalability, increase in security, along with top notch performance.
4) Wide Community along with Open Source
Most of the PHP frameworks are available and accessible with a price tag but in the case of Laravel it is devised as an open source framework for developers. Alongside, with a strong community backing supporting the framework, it makes Laravel advanced yet flexible to use.
5) Object-Oriented Libraries
This PHP framework has a diverse range of object oriented libraries that are full of amazing features that developers absolutely love. Hence, this makes Laravel enjoyable for the web developers to use as well. Several systems associated with PHP do not provide pre-installed libraries like Laravel. Monitoring the active users, encryption protocols, password resetting, and Cross Site Request Forgery (CSRF security) – all of them are included in the Authentication library.
Apart from the amazing PHP framework features that Laravel has to offer, there are several benefits of using Laravel development services too that makes it absolutely ready for usage by organizations. Some of the key benefits of Laravel are as follows:
Why Hire PHP Programmer coders who understand the benefits of Laravel for Web Development?
When you Hire PHP Programmer Coders who are professionals, they would definitely not compromise on quality while working with a framework. Well, Laravel helps to ease their work without compromising on quality and helps with many more things. The fast and easy usage has helped it easily gain a lot of popularity in no time and using Laravel can have several benefits associated with it!
When you Hire dedicated Laravel developer you might see them talking about the benefits Laravel PHP provides. Some of the reasons why developers opt for Laravel PHP for Web Development are as follows:
1) When you Hire PHP Programmers coders they will Agree that Laravel PHP is Easy to Start with:
2) Hire PHP Programmers coders to fully utilize Laravel features like Easily Task Scheduling:
Laravel has a sustainable task scheduling feature for configuration and management that makes the application secure and gives reminders when changes are needed. Sending emails to customers for follow ups or automatic cleanup of the database tables at the end of the day – all of it is easily handled and made convenient by Laravel PHP that saves a lot of developers’ time while also keeping this organised.
3) If you want to enhance Traffic handling capacities, Hire a Dedicated Laravel Developer:
One of the primary goals of any website is to generate more traffic with each passing day to increase the customers for your business. As the traffic number is bound to increase with time the load on hosting will also increase, in turn increasing the expense of hosting. Constant upgradation is required to ensure that the loading time of the websites are low so as to not lose out on the clients. Laravel PHP is best utilized by a dedicated Laravel developer who uses it like a load balancer for the application while also offering an automated message queue system. It ensures that the queue is free and your web server is healthy and actively running, boosting the speed and also maintaining the morality of data. Laravel provides a lot of space to conserve the data in the web server and easily upgrade hosting depending on the traffic influx.
4) For best utilization of Easy Migration of database, Hire PHP Programmer coders:
Most databases organise and store data in forms of scripts, files, tables and the like for implementation and change of data structure of a web application when needed. Although migration of databases in PHP framework seems time consuming, Laravel solves the process easily by migrating them quickly for the PHP Programmer coders and developers to expand the structure of the database without incorporating any kind of changes. It also ensures safety of the database along with risk of loss of the data. It also allows the developer to change the data structure during the runtime. But Laravel Acha Builder helps to create databases with tables easily while working on web development.
5) When you Hire a Dedicated Laravel Developer they will Back the High Security Laravel PHP provides:
When it comes to web development, security matters the most. Both server security and application security are crucial in this field. Laravel PHP is a highly secured framework and stops malware activities and threats on the platform by blocking the attacks and protecting the loss or harm of data. Even if hackers attack the database, it blocks their identity and IP address instantly to prevent data loss. The security feature in Laravel makes it one of the most popular choices of web developers.
With its robust features, Laravel PHP is the ideal choice for web development services. It equips the application with complete functionality and makes it advanced. If you want to Hire Dedicated Laravel Developer or Hire PHP Programmer Coders, ItechnoLabs have a professional team of dedicators that formulate a perfect solution using Laravel PHP utilizing its robust features to the best of its abilities.
These days having an online presence is the key to business growth and advancement. Whether you are a freelancer, have a stand alone store, a startup business or a big established business – your success will get limited if your business is not out there on the internet. Apart from having your online presence on different social media platforms, a website becomes a prerequisite for your digital presence. Apart from the usual features of SEO optimization, mobile responsiveness, easy navigation and the like – there are some really vital aspects crucial for your website.
If you’re considering building your business website, you should hire laravel developer without thinking twice. Using Laravel web development for your business websites will cover all the crucial things that you need to consider when you are starting a business website.
1) Website’s Capacity to Handle Traffic:
As you’re planning to build your business website, it surely means that you will be countering customers and visitors. And having a potential to keep growing in the coming days, you’re bound to experience a lot of traffic on your sites along with several requests, orders, messages, and the like. For this your business website needs to be equipped with heavy traffic handling. You should ideally hire laravel developer for this as Laravel offers amazing traffic handling features that can handle a large number of users within no time. This will also ensure that traffic doesn’t make your website lag or hang or become too slow for users to lose interest in your business. As Laravel can assure best loading speed, your website will actually not lose visitors because of this.
2) Authentication and Authorization:
As you start off your business venture by building your business website, it is crucial to incorporate features of authentication and authorisation in them. Your business is bound to experience a large influx of different varieties of inputs that need to be stored properly. Authentication refers to the process of providing assertions that give access to property and objects to the business owner. If you hire laravel developer, he will build your website in a way where authentication is managed by sessions for getting different kinds of inputs like login details, registration, email, password storing and the like. This is a crucial aspect of website building as it checks the validity of all the credentials that the users enter. Authorization helps to check the permission and rights of different resources. This will help you easily position the authentication file on the configuration path and help you easily check for permissions of the requested resources.
3) Strong Security:
When you think of building a website it means that you want to upscale your business online and go live on the internet. There is no better way to lure your customers to avail different services and products of your company than by making the website engaging. However to gain the trust of your visitors, security becomes a major concern. If your websites are not secured it can get prone to hacks and software leaks. If you’re a fintech startup or an e-commerce website or a retail business then online transactions will always be a key activity in your website. In times like this, the information of customers needs to be secured properly. If you hire Laravel developer, then he will build your business website with the highly secured Laravel framework that is embedded with all the possible mechanisms of safeguarding and securing the privacy of the data of your customers. The entire code structure ensures that your website is cyber threat proof and is completely secured against the SQL injection of hackers. So, security is definitely one aspect that you have to keep in mind when you think of building a business website. Your customers will also engage with your business more if they know that it is a reliable and risk free platform for them. So, if you are looking to upscale, security should be your major concern that you need to deal with.
4) Good Website Speed: One of the greatest turn offs for any visitor is to find a website that takes years to load. Especially, if one is looking for information on the internet urgently, a slow loading website ensures that the impatient visitor will quit it within seconds. It has been evaluated via statistics that most business websites lose traffic because their website takes more than 5-6 seconds to load. You need to ensure that you offer your visitors a seamless and a smooth experience while they navigate or surf through your website. For this you need to have a website that has a strong framework and supports such a fast speed. If youhire Laravel developer then he’ll ensure that your business website has Laravel as it’s framework that supports caching for the website’s out of the box that can be a.great booster for site speed. No doubt, this will also enhance and make the performance of your website better. As Laravel also uses different types of speed optimization techniques like database indexing and memory use reduction – having a website that is efficient and performance driven even when tackling high volumes of traffic is going to be a boom for your business. If you want other subtle aspects like SEO to work well on your page, you will need to have the best speed for website loading.
5) Scalability and Maintenance: One of the crucial things you will need to keep in mind is the fact that you’re not launching your business website for a few days or months. It has to sustain several years and needs to accommodate your future business goals in it easily. Hence, it is crucial that you think in terms of making your website grow in a sustainable fashion where updates will be easier to incorporate and newer trends can also be easily accommodated within it. If you hire Laravel developer, he will ensure that your website is built on a Laravel framework that is very easy to maintain in future. It can be that a few years down the line you want some new features added to your site or might want to modify some existing features too. Even if you hire a new developer for this job, it will be easier to pick up and start the update. Several amazing features like OOP principles, MCV architecture that separates presentation from logic, and clean code – all allow easy maintenance of business websites along with easy scalability solutions. Hence, before you think of building your website, ensure that you think about your future plans too.
Creating and building a business website from scratch requires a lot of patience and a lot of planning. You have to ensure that every small detail like CTA and CMS are in place and that every visual and content on your pages are optimized. For this, one needs to hire Laravel developer who will help you navigate the best choices for web development for your business website. If you remember all the crucial points and help to convey it to your web developer, your website will be successful and reliable to people, attracting more people and generate more sales.
Python is one of the top languages for programming and among the trending programming language. Many programmers still consider this to be one of the best high-level programming languages around. Python has achieved new heights within the last few years, becoming one of the most popular program languages in the world today. Python continues to grow and evolve just like macrame chairs, which are adored due to their versatility and convenience. Python is considered great for machine learning as well.
Features of Python Programming Language
Easy to Learn and Use
For newcomers and beginners, the Python language is extremely easy to use and learn. Python is one of the easiest programming languages available due to its simplified syntax and ease of use, allowing developers to focus more on natural language. Since Python is so easy to learn and use, you can write and execute python code much more quickly than any other programming language.
Python Programming Language, was developed in the 1980s by Guido van Rossum to be a general-purpose language. Python’s popularity can be attributed to its simple syntax so that even amateur developers can easily read and understand it. Since Python is an interpreted language, it enables you to experiment with changing the code base, so it is so popular among all developers quickly.
A combination of versatility, efficiency, reliability, and speed
The python language is fast, efficient, and reliable, and most developers agree that Python is better for developers. No matter what platform one is working on, Python does not experience any sort of performance loss.
One of the greatest advantages of Python is its versatility, which is a must-have when developing mobile applications, desktop applications, web applications, hardware programs, and so much more. Python’s versatility makes it more attractive to use due to the vast number of applications it is capable of.
Language of First Choice
The main reason for Python’s popularity among programmers and students is that it is in high demand in the development market to become the trending programming language. There is always a high demand for a language that a student or developer wants to learn. Python is, by far, the language everyone wants to learn.
Python is a popular programming language used by developers and students of data science. Data science certification courses include python courses as one of the important sections. In this way, the Python language provides students with many wonderful career opportunities. Python’s variety of applications allows people to choose different career paths without being stuck in one.
Language Flexibility in Python
Python offers so many possibilities for developers that it allows them to explore new avenues. One who is proficient with this trending python programming language does not have to limit themself to making similar kinds of software but can create something different as well.
It doesn’t matter what kind of application developers develop in Python; there is no limitation in the language. No other programming language offers this level of flexibility and freedom.
Cloud computing, machine learning, and big data
The computer science world right now is seeing cloud computing, machine learning, and big data trends that are transforming and improving business processes and workflows.
Data science and analytics are most often carried out using Python, a language that ranks second after R. Python is the language of choice for a large number of data processing workloads in an organization. Due to the many applications of the Python language, including ease of analyzing and organizing usable data, many research and development activities are conducted in this trending programming language. Furthermore, thousands of machine learning projects use Python libraries daily, such as TensorFlow for neural networks and OpenCV for computer vision, etc. To develop any application, you need to hire python developer for software development.
Support from Renowned Corporate Sponsors
A corporate sponsor boosts the growth of programming languages. For instance, PHP, Java, and Visual Basic & C# are sponsored by Facebook, Oracle & Sun, and Microsoft, respectively. Facebook, Amazon Web Services, and Google are all big supporters of this trending programming language.
Several Google applications and platforms had used Python since 2006, when the company adopted it. Google has committed a lot of time and money to the training and success of the Python language. Python even has its own dedicated portal. In the developer community, Python language support and documentation are continually growing.
An active and supportive Python community
Considering Python was created more than 30 years ago, this trending programming language has had ample time to evolve and grow into a language that supports developers at all levels, from beginners to experts. Learning, teaching, and enhancing your knowledge of the Python language is possible through a variety of documentation, guides, and video tutorials. Students and developers of any skill level or age can benefit from the variety of resources available to assist them in their learning. Python is a language frequently used for research projects in computer science, which is why many students begin their education in computer science by studying Python. People who study data science are always given guidance.
One of the most active communities in programming languages is the Python developer community. Programming languages don’t grow much if there is no developer support or documentation. In the long history of Python, it does not have such problems.
Consequently, a developer of any level can provide instant assistance to somebody having an issue with Python. When help is received on time, it plays an integral role in the project’s development, which, if not, could result in delays.
Python libraries and frameworks
Python can be used to select libraries and save time and effort on the initial development cycle because it has a corporate sponsorship and a large community that supports it. In addition to cross-platform support, many cloud media services offer library-like tools that are quite useful.
Libraries focusing on a particular application are available, such as nltk or scikit-learn.
The Python programming language can help a lot with automation, as it comes with several tools and modules, which make things a lot easier. The fact that Python codes can be used to reach an advanced level of automation easily is incredible.
Python can also enhance the performance of software testing. The number of lines of code required to write automation tools is much less than one would expect.
Academic use of Python
Because of the numerous applications of Python in Artificial Intelligence, Deep Learning, Data Science, etc., This trending programming language is now treated as a core programming language in schools and colleges. Today, schools and colleges cannot afford not to provide python education to students because it has become a critical component of the development world.
This increases the number of Python Developers and Programmers, which helps increase its popularity and growth.
A robust, fast-growing python programming language, this is a powerful trending programming language with easy-to-use code, a lot of flexibility, and is used widely around the globe, as well as many other features. The versatility of this language makes it one that many developers are turning to. It remains with young developers for their entire careers, as it provides them with guidance as they learn.
For developers embarking on machine learning projects, it is rapidly becoming the tool of choice. Besides, Python isn’t going anywhere. Taking the time to learn Python and become knowledgeable about the language is a good idea. There will be many excellent opportunities available to you.
With the growing demand of technology, the world has become more interested in earning money online. In this race, the concept of earning, making money with cryptocurrency has become very famous and everyone is interested in trying their luck to make money with this way.
When you decided to enter in cryptocurrency market the first question that comes to your mind is Can, I make money with cryptocurrency? What is cryptocurrency trading? How to make money with cryptocurrency in 2021? How to buy Bitcoin? Best ways to invest in cryptocurrency?
Although many people succeeded in making money with cryptocurrency in 2017 & 2021 but still cryptocurrency is not an easy business. There are a lot of chances and ways in which you can be scammed by some crypto projects as many projects did exit scam till now. Nowadays investing in cryptocurrencies is becoming very popular and new investors are showing a great deal of interest in this industry and are looking forward to making money with cryptocurrency.
In this article, 10 Best ways will be discussed to make money with cryptocurrency for Beginners in 2021.
Table of Content
Can you make money with Cryptocurrency?
10 Best ways to make money with cryptocurrency for beginners in 2021
Can you make money with Cryptocurrency?
Cryptocurrency trading and some other ways can make huge profits, but it is also a risky task to do. If you are investing in the cryptocurrency market you must keep in mind that you can face hardships. So, one must have the patience to work under stress to make money with cryptocurrency.
Late exploration by investment firm a16z shows that the crypto space develops in cycles. A cycle for the most part begins with an expansion in expenses of the crypto assets, driving social and conventional media buzz. The inclusion and fervor carry more individuals into space, providing new code, thoughts and making new tasks. This ultimately begins the following cycle.
Crypto cycles have peaked the years in 2011, 2013, 2017, and 2021. Crypto has seen the greatest peak in these years despite price falls. The pinnacle of the following cycle is probably going to agree with new mechanical leap forwards and rising crypto values. The pinnacle of the following cycle is probably going to agree with new mechanical leap forwards and rising crypto values.
There are several ways through which you can make money with cryptocurrency and generate a passive income. But it requires intensive knowledge and strategies to succeed in this field.
10 Best ways to make money with Cryptocurrency for beginners in 2021
There are several ways in crypto market that can be effective or profitable for beginners because they find it difficult to make money with cryptocurrency as most of them don’t know the right method and strategy that suit them the best. I will explore profitable ways for beginners to make money with crypto. Below are listed the top 10 methods to do so:
1. Bitcoin Mining
Bitcoin mining is a procedure that includes you to solve a computational challenge in order to generate new bitcoins. Bitcoin mining is necessary to maintain the ledger of transactions on which bitcoin is built. Mining has been extremely developed and polished throughout time as a result of the employment of advanced machinery that speeds up the process.Bitcoin mining offers a lot of opportunities in terms of assisting you in making money with cryptocurrencies.
Bitcoin mining is the process of creating new currencies and putting them into circulation. Bitcoin mining is a challenging procedure, but it may be rewarding if performed correctly.
Bitcoin mining is carried out using computers, but it still demands the use of highly specialized hardware and software. Because this operation demands a large amount of electricity, it is frequently carried out in locations where electricity is freely available. It must be carried out using modern computers capable of solving complex computational math problems quickly. Professional miners accomplish their tasks flawlessly, leaving small miners perplexed. Before you begin mining, you need research and educate yourself with the entire mining techniques and equipment. It is not a wise decision to rely on mining apps in the hopes of making a lot of money. You can utilize Bitcoin Pool to boost your efficiency by paying a fee.
It is a secure method for transactions
It is the most profitable way to make money with cryptocurrency
The investments are high in Bitcoin Mining
There are more competitors in mining
It requires lot of electricity
The investments are high in Bitcoin Mining
There are more competitors in mining
It requires lot of electricity
2. Staking Cryptos
Staking cryptos is another ideal way to make money using cryptocurrencies. Staking cryptocurrency is done by keeping and securing coins in a crypto wallet. The cryptos you have in your wallet can be used to gain rewards. You can earn a percentage-rate reward on these coins by staking your investments. Blockchain puts your staked coins on work which makes them earn rewards for you. Trust Wallet is an option where you can stake your coins straight from the crypto wallet. Also now exchanges allow staking like Binance, Coinbase, Kraken, CoinList, Kucoin, BitMax and many more exchanges. By staking some cryptocurrencies you can earn upto 70%-95% annual reward. For instance, PancakeSwap (CAKE) staking can give you 70% APY and Hydra (HYDRA) staking can provide you 90% APR.
Cold staking is also another process opted by investors to earn money with cryptocurrency. This process allows the investor to stake the coins in a wallet that has no connection with the internet. Some of the coins you can stake include Tether, NEO and Stellar (XLM).
Staking is very simple and effortless.
It helps to earn massive income.
It has very low risk factors
The investment and deposit for the staking are sometime unaffordable for the average investor.
3. Long Term Investment
Long-term holding is a technique that can be beneficial to bitcoin investors. Investors who use the long-term hold strategy invest or buy for the long term. Investors in this method do not plan to sell a stock for a long length of time and instead plan to retain it for years. Long-term investors focus their efforts on the fundamental research of the coins in which they have an interest. Fundamental market analysis is concerned with value creation, asset reputation, market expansion, and asset genuine value.
Many people earned massive profit from Bitcoin, because they bought Bitcoin in 2012 to 2016 when Bitcoin price was $2 to $1,000, and they held these coins for several years. In 2021, price of bitcoin had raised to 64,800 USD and investors who invested early made a huge profit. Also, some altcoins made huge gains, following five coins have earned massive profit. Cardano currently trading at 545x profit from its ICO Price, DREP trading at 494x, Axie Infinity is trading at 430x, Matic Network is trading at 399.24x, Cocos BCX is trading at 315.17x, Flow at 236x and NEO at 232.6x.
It gives your money more time to grow
It can give you huge gains like 100X to 200X
Investors are required to select the coins one time rather than keeping an eye on the market every day
It requires a long time to earn money with this method rather than the other strategies
4. Day Trading
If you want to make money with cryptocurrencies, day trading is also a feasible alternative. Day trading is a type of investing in which investors acquire and sell coins in a single day rather than waiting months or years for interest to occur. This technique is more well-known in the Forex and stock markets.
To be effective and productive in day trading, you must be very professional and diligent. Day traders are usually well-educated and well-funded individuals. A day trader’s ability to research and understand markets requires sufficient technical knowledge and skills. Crypto is a volatile market where the prices keep on fluctuating so day traders must pay special attention to the details. To make exact predictions about the increases and decreases of the prices, a day trader is required to analyze market charts to track the performance of listed assets. Binance, Coinbase and Kucoin are most popular exchanges for day traders.
Day traders usually use following strategies
News based trading
High frequency trading
Among investors, news-based trading is the most useful approach. If a trader wants to make money with cryptocurrency and not just do it as a pastime, he need have a thorough understanding of the market.
Day trading is a quick method in which you don’t have to wait for years to earn
The market is transparent so it is easy to choose your trading options
Crypto is a24/7 market but there are only fewer hours you can find suitable trade
If you are not expert in day trading, you can’t make money with this method
5. Cloud Mining
Cloud mining is a method for investors to mine cryptocurrencies such as Bitcoin and Ethereum without having to purchase and run the hardware and software themselves. Investors in cloud mining companies can participate in the bitcoin mining process from faraway. To begin cloud mining, simply log into your account using your laptop, phone, or other device. After that you just have to click on mining and the work will start. For example, Genesis Mining- Largest cloud Bitcoin company allows anyone to open account, purchase desired package and start mining.
Two types of cloud mining are hosted mining and leased hash power. Hosted mining, in which miners retain control of their cryptocurrency, is the most popular approach among investors. The hardware is purchased by the consumer, and he is responsible for its upkeep.
Leased hash power is common for altcoins where the person opens his account with the cloud mining company and select contract period and hashing power via its website. No doubt cloud mining is a very effective process to make money with cryptocurrency and has a lot of advantages, but also has a few disadvantages.
It is not compulsory to have technical knowledge and training.
You do not have to invest on buying hardware or other stuff
Earnings with cloud mining is not very high
There are more chances of scam in cloud mining
6. Lending to margin traders
Lending to margin traders is a novel technique to profit from bitcoin. Margin trading is a type of trading that involves borrowing money to trade with. Because the crypto market fluctuates, lending to margin traders is a tremendously rewarding but dangerous strategy. Here you do not have to scare of the borrower running away with your money because exchange/platform does not allow the borrower to cash it out.
It is helpful in increasing the investment exposure. You can easily lend your cryptos on exchanges like Binance, Kucoin, CoinDCX and others. To lower the risk, one should lend cryptocurrencies on more than one exchanges so that if any exchange gets hacked funds can be lost.
It allows you to earn rewards without any effort
Perhaps the biggest disadvantage is that you’ll be at high risk of losing all your funds if the exchange closes down or if they run away with your funds.
7. Yield Farming:
Yield Farming, like many of the other approaches listed above, has its own niche where you can make money with cryptocurrency. Yield farming is a method of lending crypto assets with the goal of receiving a large payoff in the form of additional cryptocurrency. It is a really unique and imaginative process, but it is also, to some extent, perilous and dangerous.
To put it plainly, yield farming Protocols boost liquidity providers (LP) to stake or secure their crypto resources in a liquidity pool that depends on a smart contract-based liquidity pool. These profits are displayed as a yearly rate yield (APY). As more financial backers add assets to the connected liquidity pool, the worth of the returns ascend in value. Liquidity providers in most yield farming protocols are rewarded with the governance tokens which are usually eligible to be traded on both centralized exchanges and decentralized exchanges such as Binance and Uniswap respectively. Seven most popular yield farming protocols are Compound, MakerDAO, AAVE, Uniswap, Balancer, Synthetix and Yearn Finance.
The profit earned by yield farming are much higher that cannot be compared with others
It requires complex strategies due to which it not very common among other investors
Yield farming can sometimes be astonishingly difficult and can be proved to be a financial risk for both borrowers and lenders.
Yield farming is somehow complex for the new comers
8. Run cryptocurrency Master Nodes
Master nodes are full nodes that reward node operators for performing the blockchain’s core consensus operations. A master node is a controlling component in some cryptocurrency networks, and it requires an introductory collateral of tokens (or a “stake”) to operate. A master node is more than just a node; it also serves as a casting node for recommendations for improving the Dash system. It also creates instant transactions, known as “InstantSend. It performs a function of “PrivateSend” in which the fact that you have sent money is kept confidential. The concept of running bitcoin master nodes is complex, yet it is a preferred way to earn money with cryptocurrencies. The master node serves as a digital wallet that keeps track of Blockchain transactions. Node operators keep track of coins in exchange for a fee that many cryptocurrencies pay them. Crypto firms are increasingly outsourced master node operator assistance for a fee. The particular reason for circumstance the cycle is complicated, one must have a minimum number of coins under their master nodes. Dash, a fork of Bitcoin, was the first virtual currency to adopt the master node model.
Passive income can be easily generated
Master nodes provide easy access to new coins
It is a time taking and complex process to run a master node
9. Earn Interest
Another common way of generating money with cryptocurrency is to earn interest on it. In theory, a cryptocurrency interest-earning account functions similarly to a traditional savings account. You can deposit your Bitcoin or altcoin with no lockup period or deposit limits, earn compound interest on your asset, and get payouts and withdraw your assets at any moment. The best platforms to earn interest on your crypto assets are following:
BlockFi- With a BlockFi Interest Account (BIA), your cryptocurrency can earn up to 7.5% per annum
Nexo- Unlock the power of your crypto, earn up to 12% interest paid out daily
Crypto. Com- Earn up to 8.5% on your crypto and up to 14% per annum (p.a) for stablecoins
Celsius Network- The first and only platform that earns you up to 17% yield on your crypto, rewards you every week and lets you borrow cash at the lowest rates.
High interests/Bonus Rates
Must pass KYC to earn interest
10. Join Airdrops
Joining airdrops is also a proven method to make money with cryptocurrency. It is a kind of marketing stunt in which the coins or tokens are sent to participants/lucky winners wallet addresses. These tokens are distributed by the team to spread the awareness of their cryptocurrency.
The most famous airdrop in crypto happened in Sep 2020 as Uniswap offered 400 UNI that were claimable by each address that had ever called the Uniswap v1 or v2 contracts. This includes ~12,000 addresses that have only ever submitted failed transactions. This airdrop now worth $8,800 as of today’s (01 August 2021) price of $22. The best websites/Telegram Channels to find airdrops are following:
Free money for the users
You can make money without any investment
Airdrops can be scam sometimes
So that is all you need to know if you want to make money with cryptocurrency. It is not something complex for the beginners as well to start investing in cryptocurrency, but you need to be very careful so that you do not fall for any scam. Above mentioned methods are the easiest methods to follow for the beginners to start their crypto journey and make money with crypto. These methods provide the opportunity of learning and earning at the same time. You can make money with cryptocurrency as a beginner and can be successful as well.
Guest blogging is useful and helps your business to reach new heights. The most common strategies include link building and creating awareness surrounding your brand through guest posts. It is the lifeline of all digital business. There is no doubt about the same. Then, you cannot write guest posts, submit anywhere you like, and expect positive results. To make things work, you need to build a content marketing strategy. There is no shortcut to the process. You need to spend some of your time and effort to see the desired results.
When you guest post on authority sites, you drive immense traffic, get more views on your website, your site content, and products or services. Read on to learn about the three essential tips to build a guest blogging strategy to improve your site’s SEO.
1. Look for Guest blogging platforms on Google
No matter what products or services you offer, you find numerous guest post sites on the web. Yes, there are opportunities galore. You must know where to look. The best way is searching on Google. Find platforms that relate to your business. Use search terms such as (Topic before each), guest article, write for us, guest blog, or contributor. Make a list of at least 10 guest blogging sites and choose the best three.
2. Go through the site guidelines very carefully
Read the site guidelines carefully before you start writing. Learn what they expect in the posts, follow the instructions, and then write. Understand whether the site is a no-follow or a do-follow one. The one you choose depends on the site’s objective or purpose.
The goal of guest blogging is to earn quality links from their website to that of yours. Once it passes your website via the backlinks, you can improve on your site’s Google rankings organically.
The do-follow links matter in guest blogging so that you can include the same into your site in the body copy or byline. Besides, you can read more about SEO-friendly content on sites. However, it is better to hop no-follow links for the time being.
3. Read the existing blogs and then write a pitch
You need to write a pitch and get approval for guest blogging on an authority site. Research the site and then pitch saying why your blog content matters. You can include a few topics as well. Write what would like to integrate into your post. Mention in your pitch how your guest post will be unique. Avoid replication of something already published online or a topic that people already know.
When you get approval, write on topics that will increase traffic and your post will have genuine readers. Focus on quality posts instead of quantity. Take your time to write a thousand-word guest blog. There is no need to rush. Grow your business with quality traffic.
The key to successful SEO guest blogging is to understand the site metrics and building a mutually beneficial relationship with the site owner. Good luck!