A Guide to Investing in Bitcoin in 5 Steps

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Investing in Bitcoin has been compared to investing in “digital gold.” Setting aside the inflation-hedge claims of Bitcoin enthusiasts, comparing it to gold is a good analogy when considering the myriad ways to invest in Bitcoin.

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Each of these methods has different advantages and disadvantages, and which you choose depends on your goals and ultimate risk tolerance.

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This type of investment will not give you direct ownership of Bitcoin, but it will let you invest in innovative companies advancing the use of blockchain technologies.

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Invest in a Bitcoin ETF

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Bitcoin mining is a way to receive actual Bitcoin in exchange for lending your computing power to solve complex math problems and completing blocks of verified Bitcoin transactions on the blockchain.

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Purchase Bitcoin Directly

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In addition, if you store your keys in a wallet controlled by an exchange or otherwise connected to the internet (known as a hot wallet), there is the risk of loss through hacking or theft.

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Swipe Up

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A Guide to Investing in Bitcoin in 5 Steps

Investing in Bitcoin has been compared to investing in “digital gold.” Setting aside the inflation-hedge claims of Bitcoin enthusiasts, comparing it to gold is a good analogy when considering the myriad ways to invest in Bitcoin.

Each of these methods has different advantages and disadvantages, and which you choose depends on your goals and ultimate risk tolerance.

This type of investment will not give you direct ownership of Bitcoin, but it will let you invest in innovative companies advancing the use of blockchain technologies.

Invest in Companies That Utilize Blockchain Technology

Invest in a Bitcoin ETF

It takes away the hassle and security risks of owning Bitcoin directly and opens the doors for anyone with a brokerage account to invest in Bitcoin.

Bitcoin mining is a way to receive actual Bitcoin in exchange for lending your computing power to solve complex math problems and completing blocks of verified Bitcoin transactions on the blockchain.

Participate in Bitcoin Mining

Purchase Bitcoin Directly

Investors can buy Bitcoin from an exchange such as Coinbase and take ownership in an encrypted wallet.

In addition, if you store your keys in a wallet controlled by an exchange or otherwise connected to the internet (known as a hot wallet), there is the risk of loss through hacking or theft.

Swipe Up

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