How To Invest In Cryptocurrency Without Buying Any?

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

how to get a copy of your w2 online

How to Get a Copy of Your W2 Online

You're filing your tax return at the last minute. You gather all of your documents, but you notice that your W2 form is missing. The W2 shows your main source of income. You cannot file your tax return without it. Moreover, you only have two days left to file your taxes. You wonder if your employer sent it to the wrong address. What do you do? File your tax return even if you haven't received it. With that, contact your employer to see if human resources or payroll can send it to you. If your employer can't provide it, contact the IRS immediately. They might also provide the W2 you need digitally. This article will show you how to get a copy of your W2 online without hassle. Read on if you wish to get your W2 quickly. Contact Your Employer: The best place to get your W2 is from the payroll department. However, you can also use human resources as a guide. If your former employer is out of business, the people who worked in the payroll department could still send it. Also, ask your employer if the company sent it to the wrong address. Additionally, confirm the appropriate address with the higher-ups. Further, ask them if they can send your W2 digitally to save time. The IRS Route: The IRS can also send your W2 online. Go to the official IRS website to submit an online request. However, ensure that you have the following information before contacting the IRS: Employment Dates SSN Address Appropriate estimate of income and/or wages From there, the IRS can send your W2 with ease. If you received no W2 whatsoever from your employer, you can use Form 4852 to replace it. Use your pay stub information to fill out Form 4852. If your W2 form gets lost, contact the IRS to note the issue. A lost W2 form can result in someone filing in your name or stealing your personal information. Contacting the IRS will alert them in case any irregularities arise. Contact the SSA: Your employer first sends your W2 to the Social Security Administration (SSA). After the SSA processes your W2, officials send it to the IRS. Therefore, you can also get your tax records from the SSA if you're unable to get it from your employer or the IRS. Note: Getting your W2 from the SSA is usually free. However, you'll face a $86 charge if you need it for purposes not related to your SSN. Filing a state or federal return falls under the non-related category. If you need to contact the SSA about your W2, you'll need the same info as the IRS would need, such as your SSN and your address. What if I Cannot Get My W2 in Time? If all else has failed, you can file an extension with the IRS. You can also note that you lost your W2. Read this article to discover other alternatives. How to Get a Copy of Your W2 Online: If you need to know how to get a copy of your W2 online, contact your employer first. There is a chance that your employer forgot to mail it. The IRS and the SSN are your next best alternatives. Filing your tax return without your W2 is not a major issue. If you cannot pay your taxes on time, you have options at your disposal. For more information on what to do if you can't pay your taxes, visit this page to weigh your alternatives. Read Also: 6 Tips On How To Pay Off Your Tax Debt Building Your Business Profile Is Easier Than You Think Under What Circumstances Can You Bring A Claim Against An Employer?

READ MOREDetails
Financial Advisor

6 Vital Reasons Why You Need A Financial Advisor

Having a financial advisor is one thing that can help you manage your finances and make the right business decisions. Many are times when we make financial decisions; we end up messing hence the need for someone who can help us. Here are the essential reasons why you need a financial advisor. 1. Financial Training: Most of us do not even have a rough idea on why we need to manage our finances and the in and see it of our investments hence the need for us to undergo through some financial training. Most financial advisor Atlanta GA will first start by training you on what finance is all about. Such financial training is vital for it will open you up to the field of finance hence empowering you with business knowledge that is essential even when the financial advisor is not available. 2. Gain from the Financial Advisor's Experience: Many financial advisors have helped so many people manage their finances hence they know the best ways to manage personal finances and get fruitful results. With a financial advisor, you can tap into their commercial experience and exposure. This enables you to learn better ways of handling your finances. Such disclosure will help you wisely do your financial dealings, avoiding financial pitfalls that have trapped many. 3. Get Financial Advise: A good financial advisor is knowledgeable and knows the various elements of the financial industry; hence, can offer you helpful financial advice. With a financial advisor Atlanta GA, you get to know the best places to invest in. Also, the financial planner can show you the various industries that are risky and the ones that are not risky, helping you not to invest blindly. 4. Offering You Tax Advise: Taxation is one key topic that has remained misunderstood by many, yet it has a significant impact on our finances. By working with a financial advisor, you will get advice on how to manage your tax liability, making you avoid pursuits from the taxman and their associated penalties. With proper tax management, you can even make some tax savings that will help you get some extra money that you can use elsewhere. 5. Research: Most financial advisors will do intensive research regarding the various fields of finances. By working with such financial advisors, you will get to benefit from their study making you understand the area of funds. You will, therefore, avoid making the wrong financial decisions. 6. Receive Investment Advise: A good financial advisor will teach you about Investments and advise you on what industries you should consider investing. With such knowledge, you will invest in Investments that will give you returns and not cause you to suffer losses. By investing right, you will get good performances that will lead to a significant increase in your income, the desire of everybody. 7. Leads to Your Financial Growth: Economic growth comes as a result of knowing what you should invest in, how to manage your outflows, and how to manage your inflows. Working with a financial advisor will expose you to all these areas. You will, therefore, grow financially and you can, as a result, make wise financial decisions. Conclusion: Having a financial advisor in your economic life is of great benefit. You will grow financially and get to know how to make wise Investments decisions. You need to get yourself a financial advisor. Read Also: DiversyFund Details 5 Steps To Protect Your Portfolio In A Difficult Environment Getting Your Personal Finances In Order With A Proper Budget Strategy How Digital Advisors Have Transformed The Investment Sector

READ MOREDetails
Cryptocurrency Conversion Calculator

Simplify Your Conversions: A Powerful Cryptocurrency Conversion Calculator

Do you want to make use of the Cryptocurrency conversion calculator for your trading business? If yes, you must be well aware of the scenario while reaching your requirements with absolute ease. You must ensure scenarios can assist you in meeting your needs with ease. This is where a crypto conversion calculator emerges as an invaluable tool. Here, effective planning while reaching your targets of higher profitability. Try to keep things in perfect parity while reaching your requirements with ease    The selection of the best Cryptocurrency calculator will always keep you updated about the recent trends in its prices. You should be well aware of it while meeting your objectives.  Demystifying Crypto Conversions   Unlike traditional currencies, Cryptocurrency will make the process of conversions more complex from your end. You should be well accustomed of the scenarios that can assist you in meeting your requirements with ease. Unless you follow the perfect solution things can become worse for you. You should make things easier for you in meeting your needs with ease.    Benefits Of Cryptocurrency Calculator There are several benefits of a Cryptocurrency calculator that you must be well aware off while meeting your needs with ease. Some of the key benefits of a Cryptocurrency calculator are as follows:-    1. Simpler Profit & Loss Tracking Manually calculating gains and losses on the holding of the Cryptocurrency. The process of multiple transactions can be tedious. You should be well accustomed of the facts while meeting your needs with ease. Here, proper planning holds the key.  You must get through the complete process that can assist you in getting things done in perfect order. Once you follow the right process things can become easier for you. Keep the process in perfect parity.  2. Offers Tax Planning Assistance There are some Crypto calculators that can factor in the tax implications these are all based on tax regulations. You must identify the best process that can assist you in meeting your clarity with  ease.  You should be well aware of the scenarios that can assist you in proper tax planning. Once you follow the best process things can become easier for you. Keep the process in perfect order. Here, effective planning holds the key.  3. Investment Planning & Scenario Building Proper investment planning and scenario building can be possible with the help of Crypto calculators. Future investments and planning will become easier for you while reaching your needs with  ease.  You just need to input the hypothetical purchase prices to make scenarios work well for you. From the future sale prices, you can easily estimate potential returns from different investment strategies. You must be well aware of this fact as well.  4. Improves Decision Making The chances of improved decision-making increase due to the presence of the Cryptocurrency conversion calculator. You will get a clearer understanding of the potential outcomes for your Crypto trades.  The process of Crypto investment decision-making can make situations work for you in right order. Keep the process in perfect order while meeting your needs with complete clarity. Additionally, you must be well aware of the scenarios that can increase the chances of your brand value to a greater extent.  5. Identifying Profitable Opportunities Some calculators can track some of the historical prices to analyze trends and data. It can be helpful for undervalued Cryptocurrencies. Thus spotting the opportunity moments for buying and selling the best profitable options.  It can assist you in reaching your goals with complete clarity and ease. You should be well accustomed of the situation while meeting your requirements. Ensure that you follow the process with complete clarity.  Utilizing A Crypto Conversion Calculator For Strategic Investing A crypto conversion calculator offers a multitude of benefits for investors of all levels. Here's how you can leverage this tool to make informed investment decisions: Identifying Trading Opportunities: You can easily identify the trading opportunity with the help of a Cryptocurrency calculator. This will boost the chances of your earnings and profitability to a greater level. Ensure that you maintain the best process from your end.  Calculating Transaction Costs Calculating the transaction cost will become easier for you once you follow the best process from your end. Try to maintain a better solution that can assist you in getting the correct solution from your end. Portfolio Management The portfolio management will become easier once you make use of the Powerful Cryptocurrency calculator. You need to be well aware of the scenarios that can assist you in meeting your needs. Research And Analysis:      Once you know the current trend in Cryptocurrency things can become easier for you to understand in reaching your goals. Here, effective planning holds the key. You must not make things too complex at your end. Choosing The Right Crypto Conversion Calculator  You must select the best Cryptocurrency conversion calculator that can assist you in meeting your needs with complete clarity. Once you follow the correct steps things can become easier for you.  Security and Reputation: You must select the conversion calculator from a reputable source. So that you can make things happen in your way within a specific time frame.  Available Features: You should evaluate features that can assist you in meeting your needs with ease.  Ease of Use: For a seamless user experience user-friendly interface is very crucial. You should understand these facts while meeting your requirements.  Mobile Compatibility: Try to consider the user-friendly compatibility to make things happen in your favor.  Essential Features Of CryptoCurrency Calculator  There are numerous features of the Cryptocurrency calculator that you should be well aware of. Some of the key factors that you should be well aware of are as follows:-  1. Multiple Cryptocurrencies  The calculator should support a wide range of Cryptocurrencies. Thus it allows users to convert them in the form of tokens and coins. Ensure that you follow the correct solution that can assist you in meeting your requirements.  You need to identify the best options that can assist you in meeting your requirements with ease. Ensure that you follow the best process from your end. Additionally, you should  be well aware of the new market trends before making investments.  2. Fiat Currencies  Integration with the fiat currency is crucial. The users can understand the value of the Crypto holdings in traditional terms. You must ensure that you follow the best process that can assist you in meeting your needs with ease.  You must follow the best process from your end while meeting the needs with complete clarity. Additionally, you should be well aware of the scenarios that can assist you in meeting your requirements with ease.  3. Real Time Rates  Updated exchange rates are essential before you make investments in Cryptocurrencies. Thus it reflects the dynamic nature of the Cryptocurrency market. Try to feel free to meet your objectives with complete ease.   Once you know the updated rates, the modes of investments become easier for you. Additionally, you must keep the process in perfect order.  Conclusion A cryptocurrency conversion calculator can make things work accurately and well for you. Cryptocurrency calculator will help you to meet your objectives with absolute clarity. Ensure you maintain the best process from your end when you want to reach your goals.  Hence, you can share your views and comments in our comment box. This will help us to know your take on this matter. Once you follow the best options things can become easier for you. Try out the best options that can assist you in meeting your needs.    Whenever you select the Cryptocurrency calculator, ensure that you have made a selection from authentic sources. Try to avoid the chances of security breaches as it is a matter of your hard-earned money. You cannot afford to compromise on it. Learn More About: 5 Awesome Facts About CryptoCurrency Can Blockchain Help In Other Ways Apart From Cryptocurrencies? All About XMR: Blockchain Type, Specific Features, Price Prediction

READ MOREDetails