How To Invest In Cryptocurrency Without Buying Any?

Published on: 02 May 2022 Last Updated on: 18 February 2025

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.

Read Also:

Content Rally

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

All Comments

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

Reply 2023-11-29 05:53:34

All About The Legal Entity Identifier: A Mandate Of The Future!

Legal Entity Identifier is an alphanumeric, 20-character code developed by the International Organization for Standardization. Abbreviated as LEI, this code contains information on the company's ownership structure and provides answers of 'who is who' and 'who owns what.' It gives a unique identification of all legal entities (organization, company, firm, trust, fund, and government body) that are participating in any financial transactions. The complete LEI system is operated and maintained by GLEIF (Global LEI foundation), and the right to issue LEIs is only given to the few organizations. It All Started With Wrigley's: In 1974, when the grocery industries were pleading for the development of barcode, many companies proposed their proposals to bring them. Considering this, the UPC was introduced, which became the first code to be scanned on Wrigley's Chewing gum. Later, to end the one-dimensional (UPC) barcode, which only contains 20-alphanumeric codes, Denso Wave (a Toyota's subsidiary) invented Quick Response (QR) codes. QR codes are a two-dimensional system that focuses on rapid scanning and is widely used by today's marketers to streamline processes. Legal Entity Identifier (LEI) Came In Existence - 2011 The LEI was developed by the G20 (an international organization with 20 major countries) in 2011 to track all financial transactions in national jurisdictions. The need for LEI came when regulators were suffering from financial crises, and there was no unanimous code to make successful financial transactions. The difficulties in identifying transaction details and calculating the risk amount bring LEI into existence. The first (LEI) legal entity identifiers database was issued in December 2012. Structure Of Code: Technically, the Legal Entity Identifier is represented as ISO 17442. It contains 20-character alphanumeric numbers with the first four characters showing the LOU, Local Operating Unit. The other 5-18 characters are an alphanumeric string, which organizations assign. And, the last two characters are called checksum digits. Process Of LEI: The companies that need a Legal Entity Identifier should contact the respective organizations that provide LEIs. They then have to provide the necessary information and the fee. The issuing body will then provide LEI after cross-checking all details. Things like registration of the business, information about other connected companies, etc. are verified before giving LEI. Some other things, which the issuing body will assure, are: A country where the entity was formed The registered address of the legal entity Any legal or official name of the entity (if any) that is present in the records The Unique code of representing countries and their connected company's Data of the first LEI assignment, date of the last information update and it's an expiry date Why LEI Is Important: LEIs reduce the risks associated with financial transactions. With them, you can easily measure the total risk involved in trading. It minimizes the overall cost of reporting tasks, cost of information gathering, and other administrative costs. LEI help in enhancing market transparency as with a unique code, it is easy to detect the frauds and other manipulations in the market. Who Should Need LEI? Organizations, corporations, and other entities that are involved in the financial transactions need LEI to recognize all entities and funds involved in the transactions. If you are any of the following, you can register for LEI: A non-profit organization Registered Company or Registered Subsidiary A business having a distinct identity A trust or Funds LEI In Business And In Payment Systems: To have clear business identification and to make transparent financial transactions, business needs a unique code called LEI. LEI also helps to minimize the cost and the speeding process of transactions, improve data sharing, and more. Furthermore, in trading (direct and indirect payments), LEI ensures that the correct information is used to transfer funds. LEIs not only ensure transparency and safety in the global market, but also provide maximum compatibility and safe business. Read Also: The Versatility Of Clover POS Systems How To Do Bookkeeping In Malta Minus Complications How Private Hire Insurance Takes You Out From Problems? A Brief Introduction To Data Quality Management Systems Tips To Hiring Accounting Firms Rochester NY For Your Business

What Is the Best Tax Software to Be Using in 2019?

If you fail to file your taxes correctly, the IRS can fine you a penalty up to 20% of the amount you owe. Taxes are a complete nightmare for many people especially if you can't pay them. And the last thing you want to deal with is owing even more money to the government. That's why the emergence of tax software has helped so many people. It helps you make sense of the confusing terminology, perform calculations, and break the process down into easy steps. But what is the best tax software and how does it help simplify everything? This article covers everything you need to know. The Criteria for Best Tax Software: Everyone is different and the tax software available now tends to be tailored to different audiences with bank products and other solutions available. For example, a family of four with a house and one income earner will have a fairly straightforward process. But what about someone who is self-employed or a small business owner? In these cases, some companies offer tiered pricing models that can quickly become expensive. When asking questions like "Why would anyone use a bank product?" or "Is this service right for me?" it's important to consider the following. Ease of Use: There's no point paying for a system that is just as confusing as the tax forms themselves. Check out reviews from other people to see what their experiences with the company were. Or watch a 'how to' video for a preview of the software. Are Your Taxes Complicated: Between deductibles, donations, and multiple sources of income, taxes can get complex very quickly. If you're unsure what you qualify for and what options are available to you then tax software may be the way to go. Look at State Tax Prices: Some tax software companies include state tax in their services free of charge. Others ask for a fee and class it as an additional service. Be sure to look into the costs behind each one to be sure. With that said, here are the best online tax filing options out there. TurboTax: Known for its simplicity and ease of use, TurboTax has many features and designs to help you file without a headache. The use a simple step by step process that puts questions in laymen's terms and does the hard work and calculations for you. They even offer a W-2 scanner where upload a photo of your form and it automatically sorts the information on your tax forms. They have a free option for getting your taxes ready to file. But can charge past $100 if you want more premium services like a tax specialist to talk to. Tax Act: Similar to TurboTax, TaxAct offers a sliding scale of costs for users depending on the level of service they want. Their layout makes it easy to input data and offers free state tax returns for simple forms. If you're a homeowner or business owner however, then you will have to pay a fee for state taxes. If you are unhappy with the service you've received from other tax software companies, TaxAct makes it easy to import your old information over to them. H&R Block: Known for their stand-out customer support, H&R Block takes the uncertainty out of the equation with tax specialists on call and online. It has a similar model and pricing structure to the previous companies but also offers up to $3000 of interest-free loans to anyone entitled to federal tax refunds. Shop Around: Knowing what the best tax software is for you takes time and research. This list helped narrow things down but you should still look into each company in more detail to see what will work best for you. Check out our other finance articles for more tips and advice. Read Also: 6 Tips On How To Pay Off Your Tax Debt All You Must Know About Construction Business Management Software 8 Reasons Why Your Company Should Get A Vendor Management Software

Bezwaar WOZ Waarde Aantekenen Via Bezwaarmaker.nl

What Types of Tax Does the Netherlands Have? Similar to other nations, Netherland is no stranger to Taxes. Different types of taxes also apply as is one liable for things like taxes on income, local taxes, taxes on assets and even wealth tax. A few of the different types of taxes Netherland residents pay are: Municipal Taxes (Real-Estate Tax) Income Tax Road Tax (if you own a car) Waste-Collection Tax Water Tax Boating Tax Parking Tax Dog Tax But it’s not all as bad as it looks, the government taxes you only if you are able to pay these taxes. So, it depends on aspects like if you have a job, the level of your income, and only if you fall under the category of being able to afford to pay the tax, then the Dutch Tax Office debits a certain amount every month. If you file your tax returns (belastingaangifte) at the end of every tax year, you may get some tax back too. For more information, you can visit their website. What is a WOZ Evaluation? WOZ or ‘Immovable Property Tax Act’ is a type of valuation that the municipality does on its resident’s behalf, usually on real-estate/property if you are a homeowner, or if you are renting out an office for instance. This value is reassessed every year and you are sent a notification of the amount to pay. Depending on the municipality, you either have to go to their office to pay it in person or via direct debit. Other residential categories that pay this tax are social housing, owners of a house boat that may be used to conduct professional services like running an office, are all liable for this real-estate tax. On top of that the same owners of the boats also pay what’s called a liggeld, which is like a penalty for occupying an area of water that belongs to the authorities, in this case the municipality themselves. If you own a boat for leisure purposes, you pay a boat tax shown by the vignette that needs to be displayed on your boat. With all these WOZ and additional taxes adding up, it is no wonder some residents are not happy with the evaluations that are sent to them on a year on year basis as due to human error sometimes the total amount can be wrong. But what can you do about this? Can a WOZ Decision be objected? The short answer to this is – yes, you can object the WOZ value sent to you. You can either do it yourself directly with the municipality, or seek out the services of professionals who can bezwaar woz for you. You would need to explain why you are objecting to the decision. Every resident has the right to this service, and information is also provided on a leaflet that is sent from the authorities to you with your evaluation. Items that they can assist you with are: Reimbursing housing costs of up to Euro 270 Saving you a significant amount on property and real-estate tax payments (up to 30%) Saving you a significant amount on multiple properties and real-estate tax payments (up to Euro 730) With the WOZ value objection services – you can request an evaluation report from them, detailing how they got to the numbers. If your house has not been valued correctly, you can submit this objection to the government body within 6 weeks of the original decision, there after the authorities will give their response and any change in decision by the end of the calendar month in which it was submitted initially https://www.amsterdam.nl/en/municipal-taxes/property-valuation-woz/ Hiring a professional to do this part for you can save you a lot of time and hassles, as they have years of experience handling cases like these, sometimes even going to court with it and have legal knowledge that can assist in the decisions put forth by the municipality office. The bezwaar maker can help you make both a formal informal objection, depending on the circumstances – they would be the best people to decide this for you. Read Also: Establishing Your Online Tone of Voice

How To Invest In Cryptocurrency Without Buying Any?

How Do You Invest In Cryptocurrency Without Buying?

1: Investing In Companies With Crypto Interests