How to get rich with Bitcoin without buying Bitcoin

If you happen to read this, you might have a basic interest in Bitcoin. It might not be a full-on, Rachel-and-Ross-level crush, but you're still getting pretty close.

If you’re not sure that it’s the right time to make your first BTC purchase, don’t worry, because everyone feels apprehensive when they do! Thanks to the internet, cryptocurrencies are seeing more widespread acceptance than ever before. Basically everyone can get in on the bitcoin boom and start earning money with it!

Here are six different ways you can subtly and indirectly expose your portfolio to bitcoin without having to buy any.

1. Invest in companies that hold bitcoin on their balance sheets

On August 11, 2020, business intelligence firm MicroStrategy became the first publicly traded company to allocate a portion of its cash holdings into bitcoin. Big companies like Tesla started adding bitcoin as a balance sheet asset, and this made it much easier for common people to invest in bitcoin. You can indirectly gain exposure to bitcoin by investing in Bitshares and you’ll also get a piece of the earnings of the company.

5 publicly traded companies that currently own the most bitcoin:

  • MicroStrategy (BTC owned: $3.4 billion)

  • Tesla ($1.4 billion)

  • Square ($259 million)

  • Marathon Digital Holdings ($175.3 million)

  • Coinbase ($175.3 million)

2. Invest in Grayscale Trusts

Grayscale is an asset management company that specializes in digital currencies. It runs two investment trusts (that is, investment vehicles that strategically deploy capital from multiple investors). One is made up of bitcoin and the other ethereum, the two largest cryptocurrencies.

But why buy into a Grayscale Trust instead of just buying the cryptocurrencies themselves? In a word: safety. Grayscale buys, holds, and protects the cryptocurrencies so you don’t have to. It’s a big selling point for investors wary of keeping crypto stashes safe. Plus, the Grayscale Bitcoin Trust (GBTC) is a publicly traded, SEC-reporting company that you can invest in through your normal brokerages, making it more accessible to traders who are less comfortable navigating other avenues for acquiring bitcoin.

Grayscale Trusts to know:

  • Grayscale Bitcoin Trust (BTC) (GBTC)

  • Grayscale Ethereum Trust (ETHE)

3. Invest in crypto trading platforms

As cryptocurrencies have risen to prominence over the last decade, so too have companies that offer a safe and secure way to buy and sell the digital assets.

Now, many of them are publicly traded companies that you can also invest in. It’s a little Inception-y, but investing in brokerages like Robinhood and Coinbase, which give users the ability to buy and sell cryptocurrencies, could be a good proxy for investing in the cryptocurrencies themselves. As the market cap of all cryptocurrencies grows, brokerages tend to benefit due to increased trading volume, so you’ll have more diversified upside that isn’t tied to the performance of just one crypto.As cryptocurrency becomes more and more popular among the population, more and more people are looking for safe and secure way to buy & trade assets. These kinds of businesses are on the rise.

Publicly traded brokerages to know:

4. Invest in blockchain ETFs

There are now Exchange Traded Funds (ETFs) that allow for exposure to bitcoin and other blockchain-based companies. It's a fairly recent development that could be very lucrative. ETFs track the performance of a certain industry or sector and can be purchased on a stock exchange.

Blockchain ETFs track the performance of companies that are developing, using, or stand to benefit from blockchain technology (the blockchain enables cryptocurrencies like bitcoin to exist). That umbrella includes lesser-known companies such as Galaxy Digital Holding and MicroStrategy, but also blue-chip names like Oracle, IBM, and Nvidia—all of which give you exposure to the underlying technology that support Ethereum and bitcoin.

Blockchain ETFs to know:

  • Siren Nasdaq NexGen Economy ETF (BLCN)

  • First Trust Indxx Innovative Transaction & Process ETF (LEGR)

  • Amplify Transformational Data Sharing ETF (BLOK)

5. Earn bitcoin while your shop

There is no better feeling than finding a rogue $20 in a coat you haven’t worn in a while. Now, you can experience that feeling every time you shop online when you use Lolli. Lolli is a Chrome extension that rewards you with free bitcoin when you shop online at select retailers. It’s probably the easiest way to get a nibble of bitcoin without doing anything other than buying that comfy bathrobe Instagram keeps showing you ads for.

6. Get a bitcoin credit card

Credit card companies have been offering customers cash back, travel points, and rewards galore for years. As crypto has risen to prominence, more and more card issuers are starting to give users cash back in the form of cold, hard BTC. The cards listed below each give you a small amount of bitcoin every time you swipe.

You too can make hundreds of thousands even millions of dollars with Bitcoin if you don’t miss the boat.

If you are new to Bitcoin the time to get in is now.

Bitcoin is a new, better form of money.

Cryptocurrencies come with proven advantages. And you need to know what they are - because you could make a fortune just by discovering what other wealthy crypto investors like me figured out a few years ago.

The next time Bitcoin launches into one of its famous bull markets you can reap big profits as well. Cryptocurrencies are the only way to fully protect yourself and achieve financial freedom.

But it’s crucial for you get to started now.

You also have to follow the right strategy to maximize your profits.

I’m sure you have a lot of questions and wonder how it all works.

You can join me for the adventure of a lifetime as we capitalize on this civilizational shift to a totally new monetary system.

click here to sign up right now.

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