Bitcoin has gained lots of attention as an object for investment over the past years. It is backed by an innovative blockchain technology, tops the headlines of world-known media sources and attracts attention of authoritative businessmen. As cryptocurrency is not a company or startup, how can you get into Bitcoin investment?
First and foremost, investing in Bitcoin implies buying some Bitcoins. Such strategy has been especially successful for the pioneers who saw Bitcoin potential back in, let’s say, 2010. Thus, if you have bought a Bitcoin for $0.06 and have sold it in December 2013 for about $980, you could have gained a significant return on investment. But do not think that ship has sailed. You can still make a Bitcoin investment now by simply buying it and waiting till the price goes up.
How to Make a Bitcoin Investment
With the development of Bitcoin infrastructure, more and more ways to buy Bitcoins appeared all over the world. Buying Bitcoins with a credit card is probably the fastest and easiest way so far. If you are used to buying goods and services online, this shouldn’t be hard for you. There are some services that provide the following option, but it’s extremely important to choose a reliable platform.
CEX.IO Bitcoin exchange claims to provide the best experience of buying Bitcoins with a credit card or debit card. The exchange is one of the oldest, and therefore, trusted players on the market, providing steady services backed by strong relationships with banks, reliable system security and cryptocurrency cold storage. Buying Bitcoins at CEX.IO is very intuitive and easy even for those who are willing to buy their first Bitcoin. 24/7 professional support team is always ready to assist in any issues that may occur.
When bought, Bitcoin can be stored till the price goes up, and this is the basics of investing in Bitcoin. However, due to high volatility, it is worth trying out Bitcoin trading and earning on price difference. Even if you are not a professional trader, your Bitcoin funds can be increased if you manage to sell at a higher price and buy at a lower one. For trading, it is also important to choose the best exchange with high security standards and good reputation.
Invest in Bitcoin Startups
While many people are enjoying high volatility of Bitcoin price, others are afraid of potential risks. However, there is another way to invest in Bitcoin industry. There are many Bitcoin- and blockchain-related startups that are searching for investment. Lots of businessmen, including those from Wall Street, are investing their capital and rising money turnover within Bitcoin industry. Over the past several years, even conservative financial institutions, such as banks, are investigating Bitcoin and blockchain as a way to modernize financial segment.
If you are thinking of investing in Bitcoin companies, consider buying some Bitcoins to feel incredible potential of this technology. Bitcoin payments are worldwide, fast and extremely cheap, providing you with full anonymity, and still Bitcoin transactions are public on the blockchain. Transfer money to your friends in another country in several minutes, or buy something with Bitcoin online.
Bitcoin is future happening right now. Hop on and join the community of Bitcoin investors.