How To Invest in Bitcoin in 5 Simple Steps

The first known commercial use of Bitcoin was a purchase of two pizzas in 2010 by programmer Laszlo Hanyecz for 10,000 BTC, which is equivalent to roughly $400 million at today’s valuation.

How To Invest in Bitcoin

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.

Invest in Companies That Utilize Blockchain Technology

One way to get Bitcoin exposure in your stock portfolio is to invest in companies that use Bitcoin and the blockchain technology on which it’s based.

Invest in a Bitcoin ETF

Many experts consider the introduction of a Bitcoin ETF a significant step forward in allowing for broader adoption of Bitcoin as an investment.

Participate in Bitcoin Mining

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.

Purchase Bitcoin Directly

Last but certainly not least on the list is purchasing Bitcoin directly. If you are looking for a pure-play on the price movements of Bitcoin, there is no better way than to own the asset itself.

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