How To Invest In Cryptocurrency Without Buying Any?

Published on: 02 May 2022 Last Updated on: 18 February 2025
Invest In Cryptocurrency

I hope I don’t need to explain what is cryptocurrency now, you are already well aware of that. Cryptocurrency is not that straight forward you know. You need to have some exposure to it and then you could go on to invest in it.

Well, if you are going to follow Warren Buffet’s remark that one must not invest in something which is hard to understand- it might not work here I tell you.

Just have a look at the performance of Cryptocurrency. The prices of Bitcoin in the year 2020 March covered a massive long jump from $5000 to $60000 by April 2022.

Therefore it’s not wise to avoid Crypto! But how to invest in Cryptocurrency without buying it directly? You could buy bitcoin with credit card. So let’s begin…

How Do You Invest In Cryptocurrency Without Buying?

Cryptocurrencies had been a dream run from 2020 to 2021. In November 2021, while cryptocurrencies were at the top of the price charts, the Crypto Winter reversed a majority of the registered gains that year. The simplest way to expose to crypto investment instead of buying crypto itself is by purchasing stocks within the company. 

This is not that easy and might take some of your time. So what’s the problem? There are some ways through which you could go on to procure exposure to Cryptocurrency without investing in it. 

1: Investing In Companies With Crypto Interests

1: Investing In Companies With Crypto Interests

You could go on to maintain a balanced portfolio by identifying the companies that have interests in Crypto rather than buying the shares in a Crypto company. 

This will be beneficial to you. This is because it will not only allow you to invest in the companies where you see there is potential, but also it will allow you to keep your investment permeated within the broader fund.  

For example, if you invest in Vanguard, you could go on to use the holding search of the sites to trace all the Vanguard funds that constitute a specific organization. 

Here are some of the examples of business organizations that add Bitcoin to their business. 

  • Microstrategy (MSTR). 
  • Bitfarms (BITF).
  • Marathon Digital Holdings. 
  • Galaxy Digital (BRPFF). 

2: Invest In Cryptocurrency-Related Business 

2: Invest In Cryptocurrency-Related Business 

You could also consider investing in Crypto-related businesses. For example, there is Marathon Digital Holding which creates the largest Bitcoin mining company in North America. 

There is another suitable option and that is Riot Blockchain (RIOT). This will help provide you with the required exposure as well as cryptocurrency news that will give you the required knowledge base. 

3: Investing In Crypto Infrastructure 

Investing In Crypto Infrastructure 

Do invest in the companies that have stakes in the Cryptocurrency industry. This is just like Gold…you could either go on to invest in Gold itself as well as in the infrastructure that surrounds Gold. 

Thinking of Miners?..the material required for mining activity?… That’s the Blockchain Technology instead of energy and oil I tell you. So it’s safer. There are a handful of public companies that are presently handling Blockchain, so you may think of investing there. 

4: Exchange-Traded Funds (ETFs)

4: Exchange-Traded Funds (ETFs)

ETFs are like some container of stocks but their function is like that of Equities and Mutual Funds. 

If you go on to purchase a unit of an ETF it will provide you with the required exposure to investing in Cryptocurrencies. Within the ETFs, there are diverse industries. And all you have to do is to pick one industry.

Well, you could take ETFs with Blockchain firms. Some of the good etf Blockchain Options you have:

  • 1. BLCN- This holds Accenture and Coinbase.
  • 2. LEGR (Process ETF and the First Trust Indxx Innovative Transactions)– The holdings include Fujitsu and NVIDIA.
  • 3. BLOK (Transformational Data Sharing ETF)- Well, this is by far the biggest Blockchain ETF with Holdings and they include Microstrategy, Square, and Paypal). 

5: Be Cautious If You Are Investing Directly 

Be Cautious If You Are Investing Directly

Mind that you are not experienced enough and you are going to invest in Cryptocurrency directly! Well, you ought to be cautious.

There are a few ways through which the risk could be lessened. There are some credits that go on to offer rewards on Cryptocurrency. You don’t have to have to invest your hard-earned dollars in it! 

Another way you could mitigate the risk is to invest in Stablecoin. They are a bit similar to the traditional Cryptocurrency but they are backed by real-world assets. This acts to significantly drop the value.

Bottom Line

Investing in individual stocks could carry similar risks as an investment in cryptocurrency. Do you think that you are going to get away with this kind of shadow practice?

Let me tell you that not these stocks or specialized ETFs are a form of guarantee. There is the ambiance of volatility and it is akin to what can be seen in the Crypto markets. 

For more updates on topics related to cryptocurrency prices, stay tuned to our website.

Have any queries? Let’s talk in the comment area below.   

Read Also:

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

View all posts

Leave a Reply

Your email address will not be published. Required fields are marked *

All Comments

Thank you very much for sharing, I learned a lot from your article. Very cool. Thanks. nimabi

Related

Payday Loans

Are Payday Loans Really as Bad as People Say?

You’ve probably gone to your computer to research online payday loans in Texas and instead been met with a barrage of negative information regarding payday loans. Most consumer advocates demonize this type of finance, saying it is predatory and that it needs to be banned because it does not help the average consumer. That is not true at all. Repeat Customers:   What most detractors of the finance system do is that they focus on the supply side of this business. They don’t look at the demand side, which grows stronger and more demanding every day. What is it that makes borrowers come back for payday loans repeatedly? In order to answer that question, you need to have an intimate understanding of the average borrower that relies on payday loans. This is typically a low to medium income earner whose wages cannot cover surprise expenses such as a broken-down car, medical expenses, or emergency funding for your business. They typically don’t have savings or investments or even the same incentives to save and invest that higher-income earners have. Their real wages have been on the decline since 1972, and so they find it harder every year to make ends meet adequately. Moreover, traditional banks have all but abandoned them and won’t touch them with a 10-foot pole — not since the financial disaster that began sometime in 2007. What recourse is there for such a consumer? What can they do and who should they turn to when their backs are against the wall? Watch Out for Predatory Lending: To be sure, there are some unscrupulous payday lenders that take advantage of borrower’s situations and harass them, making them live in constant discomfort over their loans. They also encourage them to borrow a lot more than they can ever hope to pay back, just so they can roll over the loans or take out other loans to pay the initial ones back and get trapped in a constant cycle of debt. But this isn’t all lenders. To begin with, the lending industry is well regulated with lenders being required to follow strict rules on what they can say or do when trying to recover their money from a borrower. They also aren’t allowed to take borrowers to court in many states. The good lenders are having their name tarnished by a combined team of bad lenders and so-called consumer advocates who don’t quite understand or empathize with the dire situation of the low-income earners who need these loans. These are people who typically have neither good credit nor friends and family from whom they can borrow money or ask for help. The payday loan is their last resort. Would it be fair to take that last resort from them and give them no alternative to replace it? Take Only What You Can Pay Back: There are also many borrowers who take just enough money to meet their emergency needs. They make sure it is something they can pay back with their paycheck, and they pay it all back on time. Just like there are lenders who encourage borrowers to take only what they can reasonably pay back, and do not harass them when they run late on payments. Payday loans are not evil. They are a quick solution to many of the needs of a certain otherwise abandoned section of society. Read Also: How To Save More Money? 9 Vital Options For When You’re Desperate For Money

READ MOREDetails
Loan Online

7 Reasons to Apply for a Loan Online

In an ancient setup, if you require a private loan for buying an automotive, ending home renovation or maybe consolidating your Mastercard debt, you'd wear your nicest garments and head right down to the native bank to use for a private loan. Fortuitously, the web has efficient the method of applying for a private loan. You’ll currently sit within the comfort of your home and apply for a private loan online in your pyjamas. Yes, that’s new age borrowing for you! Online disposition platforms have emerged to resolve your sudden cash issues while not the hassles of you having to travel to the bank. The new online loan method is quick, convenient, and effective. And that’s not all. There are numerous alternative reasons why obtaining a web loan may be a sensible idea: 7 Reasons to Apply for a Loan Online: 1. Excellent for Emergencies: Most of the days, most of our expenses are planned. However, there are sure expenses that are not possible to foresee. At times, the necessity for cash is therefore imperative that you simply don't have the time to attend till the normal bank approves your application. online loans are apt for those emergency times as a result of your personal loan is approved and disbursed in a very matter of simply many minutes. 2. Easier Access: The global economic meltdown has created banks fussy concerning disposition cash. It’s not the case with online loan services. You’ll simply get a loan although you've got an occasional credit score or no credit history in the slightest degree. 3. Convenience: Convenience is one issue that creates online loan the well-liked alternative. The application method isn’t elaborate; you've got to fill out a straightforward on-line kind from the comfort of your home. The loan is then quickly approved and disbursed. You don’t have to be compelled to build multiple visits to ancient banks to debate your application standing with the bank staff. 4. Lower Rate of Interest: Since personal loans are unsecured loans, ancient banks charge a better charge per unit because of the danger concerned. However, several firms provide personal loans online that's accessible to a broad vary of individuals at associate degree charge per unit a lot of less than what the normal banks charge. 5. Day-and-Night Service: Emergency cash desires don't opt for a time to occur; the necessity will even arise at night time, that may be a non-convenient time because the banks are closed at that point. With online loan services, you only want a laptop computer and net to use for a private loan and find instant access to cash.  6. Saves Time: With ancient banks, you wish to perpetually follow up and watch for days to induce your loan approved. With online loan disposition apps or websites, the method of application and approval is fast and straightforward, so saving time, efforts and cash. 7. Varied Choices to Decide on from: There are currently several on-line disposition platforms like Loan Online Tap, Funds India, Credit Mantri, Money Tap, Flexi loan, etc., who are with success providing unsecured personal loans. The quantity of choices on the marketing personal finance is impressive; but, before deciding to use, research. Compare the interest rates of assorted online lenders and most significantly check whether or not they are trustworthy. In the past few years, a number of online loan companies have appeared in Canada. For example, Kingston, Ont.-based SkyCap Financial offers loans of up to $10,000 with a quick and easy approval process. It’s true that most online personal loans are based on your credit score and income and do not require any type of security or collateral. With an electronic transfer, your funds can be accessed rapidly, without the wait required by other lenders, such as the big banks. Read Also: Using Short-Term Loans To Help Rebuild Your Credit Score What Entrepreneurs With Bad Credit Need To Know Before Applying For A Loan? Why Personal Lenders Like SkyCap Financial Provide A Better Lending Experience

READ MOREDetails
Payday Loan

4 Payday Loan Facts You Should Know Before You Borrow

Convenient, speedy, and available with bad credit. These are just some of the benefits of getting payday loans, but do these stats give you the whole story? Keep reading to find out more about this kind of small-dollar loan. 1. You Can Find Online Payday Loans People often lump in payday loan lenders with check-cashing businesses and pawnshops. And it makes sense — all three organizations provide small-dollar, short-term loans with high-interest rates. However, payday loan lenders are unique in that many of them operate online with no physical branch. Instead of walking through the doors of a brick-and-mortar store, you can fill out an online application for quick cash from your phone or laptop anywhere, anytime you have data. If approved, your borrowing experience unfolds entirely online, too — from collecting your funds as a direct deposit to arranging an automatic withdrawal to come out of your account. Check cashers and pawnshops, on the other hand, do all this the old-fashion way: in person. 2. Fewer People Used Payday Loans During the Pandemic According to the Pew Charitable Trusts, approximately 12 million Americans used at least one payday loan in 2010 — whether from a storefront or online payday lender. Now more than 10 years and a global pandemic later, you might think these numbers should have multiplied. But early reports suggest fewer people had to rely on payday loans. The Online Lenders Alliance, an industry association for payday loan lenders, told Bloomberg the demand for small-dollar loans fell by 67% during the lockdown. Instead of borrowing, many people took advantage of unemployment checks, rent moratoriums, and other COVID relief resources. 3. Most People Use Them Incorrectly If you take a look at any legit cash advance direct lender’s website, you’ll see they market payday loans as an emergency stopgap when your savings fall short of what you need. In other words, you should only turn to payday cash advances in unexpected emergencies, like when your furnace dies one winter morning, and you need help covering the repairs. But what cash advance direct lenders advise and how people borrow don’t always match up. According to the Pew Charitable Trusts, 69% of borrowers use payday loans for expected expenses, like rent, utilities, and groceries. 4. Fees Vs. APR The reason why cash advance direct lenders say their loans are for emergencies is because of the cost. Let’s face it — payday loans are an expensive way to borrow. But do you know just how expensive? A cash advance direct lender might charge anywhere between $10 and $30 for every $100 you borrow. This may not sound like too much upfront, but it’s another story when APR enters the mix. Calculated on the annual percentage rate, your APR is anywhere between 300 and 600%. This APR might be OK depending on your budget, but it may be a challenge for people living paycheck to paycheck. That’s why a list like this is so important—it gives you the facts you need to make an informed decision about your finances. What’s your opinion now that you know about triple-digit APRs due back in two weeks? If this doesn’t sound like a good fit, explore alternatives like lines of credit or installment loans for bad credit. These options give you more time to pay what you owe, so they might be easier to handle on a tight budget. Read Also: 5 Benefits of Car Title Loans and One Important Warning Using Short-Term Loans to Help Rebuild Your Credit Score  No Credit Rating Check Lendings Online split Second Authorization How to get a loan on a day with bad credit

READ MOREDetails