Two Ways You Can Invest in Bitcoin

So, you’re here because you want to invest, and most importantly you want to make money while investing. It may seem like a given that you invest and make money, however, if you don’t do it properly, you could make no money, or even worse, lose money. By now, you likely know the difference between investing and saving and maybe you even know the basics of investing.

Whatever it is, this little guide will help you to gain a better understanding of it all and what you can expect while investing. Bitcoin is great so when you begin to understand it, it can be an amazing moneymaking tool. Bitcoin was majorly designed to overrule and take the place or normal currencies to become a form of internationally recognized currency.

In 2009, when it was first released to the world, it really wasn’t expected to blow up the way it has. It was definitely going to be big, but nobody really could have expected how big it actually is. Fast forward to 2021 and it is a highly volatile investing asset that can be used as a form of payment and for transactions wherever it may be accepted.

If you want to invest in Bitcoin, you are in the right place! We will cover the two best ways you can invest in Bitcoin and show you the way. If you want to get started now, head on over to Bitcoin Evolution. For now, let’s get into it! 

Standalone Bitcoin

The most obvious way to invest in Bitcoin is to directly purchase a fraction of a coin or an entire coin. You can do this with trading apps such as Coinbase for a simple and straightforward experience. One thing to be prepared for when you begin to set up an account is that you will likely need to provide some personal information such as your name, email, ID, date of birth, and more. You will then be able to complete your account set up, deposit your money, and then purchase bitcoin.

Some platforms may ask for a minimum deposit amount while others do not but just be prepared for that. Once you have purchased your bitcoin, much like an ETF or stock, you will be able to watch its performance and be able to buy or sell it.

GBTC

GBTC or Grayscale’s Bitcoin Investment Trust provides certain benefits and advantages that other forms of investing in Bitcoin do not. You will be able to hold your shares in certain Roth IRA, IRA, and other types of brokerage or investor accounts. This allows you easy access even if you’re a complete beginner when it comes to investing.

GBTC is able to be traded at a discount or a premium of its value due to the fact that it trades on a capital market. When you use GBTC, you will be operating at ease in a user-friendly way. Even if you are a new or less experienced investor, GBTC will still allow you to safely access the market.