It Is Possible To Invest In Crypto Currency Without Buying Any Coins. - page 2.

hd49728

legendary

Activity: 2044

Merit: 1018

Not your keys, not your coins!

Did you misunderstand about investment?

Investment means you use your money, capital to buy something, hold it with belief that these things will increase in value and bring profit to your portfolio.

If you don't buy anything, it is not investment.

You can claim faucets, receive cryptocurrency as birthday gift or any sort of gift from others and hold it too but with these inputs, I don't consider that you are investing.

Wiki definition for Investment

Quote

Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort.

xSkylarx

hero member

Activity: 2366

Merit: 594

Is it sort of like with shares? As if you were purchasing a stock from a corporation? If so, it is not possible in crypto currency, and if you find one, I think it is risky because someone will be holding your coin. I'm not sure why you're comparing bitcoin to the stock market, but the answer is that you must buy and hold the coin you want to buy; crypto currency does not work like the stock market.

AicecreaME

sr. member

Activity: 2436

Merit: 455

Quote from: Cryptomultiplier on December 29, 2022, 04:25:58 PM

For example, a company like Tesla, holds over billion dollars in Bitcoin and is known to have accepted Bitcoin payments in the past. It is one of the top choices amongst a host of others who use and accept crypto currency for payments and trade.

Isn't it's just the same? I mean in exchange of your products you'll acquirw cryptocurrency, not just directly. You just want the longer process because you'll just wait for someone who'll pay your products using cryptocurrency which for me is not worth it since product depreciate overtime, so buying cryptocurrency directly to an exchange is the best and hold it to your own wallet which you hold your own keys.

Quote from: Cryptomultiplier on December 29, 2022, 04:25:58 PM

Are there any other methods you know, that one can buy/invest in crypto from without using a regular exchange or trader?

https://www.investopedia.com/indirect-crypto-investment-6386330

You could buy it directly from someone, but first you have to vouch that person before proceeding to avoid getting scam, and make your that person won't cause you any harm after transaction.

jackg

copper member

Activity: 2856

Merit: 3071

https://bit.ly/387FXHi lightning theory

I don't think buying crypto related stocks is a good idea. Unless you're well diversified investments, you might be investing in a company with a stronger risk tolerance than you and you'll definitely be investing in a stock with investors that have higher risk tolerances too (so they'll bump the value up already).

The lowest risk way to invest in crypto would by to save money in a bank account and invest the ~4% you make a year. Slightly more risky goes towards buying index funds and stocks and using your investment growth to buy bitcoin. The next risky is probably just buying bitcoin.

I recommend deciding if there's something you can market in exchange for crypto though as that can produce higher returns at lower risks than everything listed above.

Ryker1

sr. member

Activity: 1932

Merit: 442

Eloncoin.org - Mars, here we come!

Quote from: BitMaxz on December 29, 2022, 06:23:54 PM

^[snip]
<...>your other option is to mine the Crypto it's not hard to build a mining rig or if you don't want to build then you can buy ASIC units it is PlugNPlay and mine a coin.

I don't think so if this is good to advise without knowing where OP's live, because making a profit in mining now depends on where you are located at. There are too many places bitcoin mining is not profitable, especially in places where the electricity bill is quite expensive not like in cold places where the electricity bill is very cheap and the place is cold no need for ventilation. So, this still depends on the OP's location.
Trading stocks for bitcoin is not an investment without buying, you still trading your asset for bitcoin, Tesla company has a good marketing strategy --they can cover losses once bitcoin drop because they have a lot of money, but on our side, once bitcoin is down, it is hard to get our wallet and spend to trade stocks or vice versa.

BitMaxz

legendary

Activity: 3472

Merit: 3217

Playbet.io - Crypto Casino and Sportsbook

If you don't want to buy crypto from any exchanges then only P2P is your best option but as you said above your other option is to mine the Crypto it's not hard to build a mining rig or if you don't want to build then you can buy ASIC units it is PlugNPlay and mine a coin.

Another option is that you can build your own website and sell services, digital goods, or any product you can offer then accept Crypto as their payment. Don't forget the signature campaign, you already wearing a signature it means you are earning coins or BTC that's another option.

DoublerHunter

hero member

Activity: 2590

Merit: 644

Quote from: Cryptomultiplier on December 29, 2022, 04:25:58 PM

~snip~

Are there any other methods you know, that one can buy/invest in crypto from without using a regular exchange or trader?

^If you have a business then, yes.
You can accept BTC as a payment in your merchant in exchange for the product that you have sold, for example, a coffee shop or a grocery store that accepts BTC. Without investment, could be yes, but there is an exchange that considers investment as well.
As the link says, buying ETF seems like you are buying coins but not directly in crypto, but I don't understand this thing, is that ETF safe for saving your fund to the asset that you don't have full control of? Considering all fo this is a very high-risk decision.

uneng

hero member

Activity: 2044

Merit: 784

Leading Crypto Sports Betting & Casino Platform

You can invest in stock funds which have bitcoin on their portfolio. Instead of purchasing bitcoin, you purchase paying dividends assets which invest part of their funds in btc. There are retirement funds which also use the same methodology. By contributing to a retirement fund which invests in bitcoin, you are also investing indirectly.

However, I don't see why to invest like this. With bitcoin you can cut every middlemen from your personal investments. You can have total control of your assets in your hands and 100% profit in the end, as you don't have to pay fees, taxes or comissions to the stock funds or retirement funds.

I believe such funds are more for people who don't have any informatics and internet knowledge, so they have to pay someone to invest for them.

Charles-Tim

legendary

Activity: 1512

Merit: 4795

Leading Crypto Sports Betting & Casino Platform

When I can buy bitcoin directly and hold it, why the need of any third party? Not your key not your coin on the blockchain, no full control.

Quote from: Cryptomultiplier on December 29, 2022, 04:25:58 PM

Some pre-points to consider before doing this, should include an up to date status for security, charges/fees, and the risk of loss(es) in mind.

The fee is always far higher.

Quote from: Cryptomultiplier on December 29, 2022, 04:25:58 PM

For example, a company like Tesla, holds over billion dollars in Bitcoin and is known to have accepted Bitcoin payments in the past. It is one of the top choices amongst a host of others who use and accept crypto currency for payments and trade.

Yes, not accepting bitcoin payment again, but bitcoin remain to be a valuable coin.

Quote from: Cryptomultiplier on December 29, 2022, 04:25:58 PM

Are there any other methods you know, that one can buy/invest in crypto from without using a regular exchange or trader?

Direct peer-to-peer and exchanges are the means to buy bitcoin and it should be sent to a noncustodial wallet (cold storage and hardware wallets are safer) that you have its seed phrase that can always generate the keys and addresses.

NeuroticFish

legendary

Activity: 3668

Merit: 6382

Looking for campaign manager? Contact icopress!

While I don't understand why would somebody (especially an individual) risk their money on various "products" wrapped around bitcoin instead of buying the "real thing" (for corporations the situation may differ, that's why I said individual), there are already a couple of directions, from ETFs, futures and similar financial products to stocks of businesses that have acquired bitcoin. For individuals even "buying bitcoin" at PayPal or Revolut is actually not the real deal (afaik they still sell only IOUs).
Also there were shares (or similar iirc) to be bought at El Salvador's bitcoin venture, but you can look up in the forum to read how bad they are.
These financial products linked to bitcoin can be nice/correct ones or can be some complicated products containing more fees and booby traps than means to earn money.
So be very careful. I still recommend going for the real deal - bitcoin - even if that means you have to learn a bit of this or that and also acquire a hardware wallet.

Cryptomultiplier

sr. member

Activity: 980

Merit: 237

I was thinking of an easier way to acquire crypto currency as investments without actually buying any directly from a trader or an exchange. I discovered how sane it is to purchase stock from publicly traded companies, working on or utilizing efficiently the blockchain technology by either mining crypto, being involved in the development of blockchain technology, or holding significant amounts of crypto on their balance sheets, also, through mutual funds, and exchange-traded funds (ETFs).
By using the method of buying stocks, it is wise to patronize companies or industries with a financial stake in the future of cryptocurrency or blockchain technology.
Some pre-points to consider before doing this, should include an up to date status for security, charges/fees, and the risk of loss(es) in mind.

For example, a company like Tesla, holds over billion dollars in Bitcoin and is known to have accepted Bitcoin payments in the past. It is one of the top choices amongst a host of others who use and accept crypto currency for payments and trade.

Are there any other methods you know, that one can buy/invest in crypto from without using a regular exchange or trader?

https://www.investopedia.com/indirect-crypto-investment-6386330

Topic: It Is Possible To Invest In Crypto Currency Without Buying Any Coins. - page 2. (Read 237 times)