How To Invest In Cryptocurrency Without Buying Any?

Published on: 02 May 2022 Last Updated on: 12 September 2024

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

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

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

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)

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

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.

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

Reply 2023-11-29 05:53:34

How to Save more Money?

In every person's life, there is a time when we start to set different decisions for ourselves. Someone is probably thinking about quitting smoking, someone else starts commuting to work by bike and somebody wants to find more time for the family. If you don’t really know what to do, I strongly encourage you to save money. Each of us likes to be aware of the amount of money in our bank account, wallet or just likes to look at the savings we have accumulated. I know that it's easy to say and much harder to implement, so I've prepared some useful tips for you on how to save more money every day. For starters, you can go shopping only with a list of what you really need to buy, it will protect you against spontaneous and ill-considered purchases of products you don’t even need in the first place. Remember that it’s essential to have a strong will and to stick to the plan. Eco-driving: If you’ve got a car, economical driving is a great way to save fuel. 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Knowing what you are saving for makes it easier to get down to business. The internet: Learning foreign languages over the Internet, there is no cheaper option, and with a little bit of self-denial, you can achieve great results. Car-sharing: Carpooling, a.k.a. joint commuting to work, school or university and all other places you just have to get to. Just ask your co-workers or your neighbors. Many carpooling services unite the interests of people and you can make new friendships this way! Do not forget that it’s a very environmentally friendly – look at the other cars when you commute to work. They have at least 4 seats and most of the time only 1 person is in the car. Just imagine how many cars would disappear from the roads if four people wherein one car instead of one person in each car. This is just a waste of gasoline. Many people are still afraid of credit cards, but using best credit cards wisely saves a lot of money, not just on Moneybookers. Food: No more wasted food! Statistically, the family throws away food worth 20 euros every month. It is hard to imagine a greater waste. So it’s better to buy less and possibly buy the missing products later than to push the fridge and then throw away the overdue food. Shopping: As we know, there are many examples of smart and rational shopping. For example buying winter tires in the summer or Christmas presents... just after Christmas. Be your own dentist: Taking care of your teeth, we can guess that it is always much cheaper to spend a couple of dollars on a toothpick and a toothpaste than waste hundreds and possibly thousands of dollars on treating them. Healthy diet instead of supplements: Europe is the leader in the field of buying all kinds of medicines and pharmaceuticals. We spend vast amounts of money on it and it’s just a waste of money. Why buy a vitamin C supplement if you can, for example, drink fresh juices or eat fruit? It goes out cheaper, and certainly tastier and healthier. Looking through your wardrobe: Going shopping for clothes only to have fun with your friends is a very simple way to waste tremedous amounts of money. If you think you need new clothes, it's a good idea to review your wardrobe first and assess whether something is missing in it. It can be an opportunity to get rid of damaged or too small things. Subscribing to newsletters, I am myself registered for newsletters of several shops with computer components and regularly get codes for discounts of 10% or 20% each. For post-season holidays, it is better to plan your holidays in June or September, for example. Prices of trips and hotels are much lower then than in July and August, and in many countries, the weather is still guaranteed to be at least good. Moneybox - an old but still effective way to save money. I have it myself and for years I have been throwing little things into it, which are in my wallet. This way, without any effort, I can raise a lot of money that otherwise would go to waste. Currency exchanges at internet exchange offices are much cheaper than permanent ones, not to mention banks. I am of the opinion that a lot of work in your home can be done by yourself. For example, painting walls, grouting, or installing panels. Making sandwiches to work is sometimes a nuisance, but it pays off. A healthy lunch will satisfy hunger better than an expensive snack from a scrubbing machine or fast food restaurant. Buying second-hand items: I’m not only talking about clothes, but also computer games and electronic equipment. A great way to save a lot of money is to buy a new car, which officially is no longer new. Showroom cars or the ones that served as a test modelsare almost in a perfect conditionjust like the new ones, but 20-30% cheaper. Drinking water instead of carbonated drinks is not only much cheaper, but it is also incomparably healthier. If you want to save on buying water, consider installing a reverse osmosis filter in your home. Selling unnecessary items - something to us is just rubbish, but it may be useful to someone else - to such an extent that they will be ready to pay for it. As we can see to save you don’t need to do amazing things, it is enough to focus on simple activities that we do every day and think about what to do to save on it. Above I presented a few methods of saving more money, but each of us can conclude what level of his monthly revenues he wants to keep and what goals he assumes to save his money. Wouldn't it be worth to just start and try an check for yourself which method works for you? Let's start today and not tomorrow. Read Also: Use These Tips To Save Money When You Move Your Business To The Cloud How To Save Money When Shopping Online

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Core Banking Solutions: A Game Changer?

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How To Invest In Cryptocurrency Without Buying Any?

How Do You Invest In Cryptocurrency Without Buying?

1: Investing In Companies With Crypto Interests