The rapid growth of blockchain technology and development of cryptocurrency markets makes you think of how you can jump on this hype train. ChangeNOW, the leading cryptocurrency exchange service, delves into top cryptocurrency stocks and explains how to buy them.
Even though the cryptobubble eventually burst in the beginning of 2018, cryptocurrencies aren’t going anywhere any time soon. For now, cryptocurrencies are not yet understood enough by the masses that is why it is the perfect time to gain from this mega-trend by buying top cryptocurrency stocks with the most growth potential.
Former Google chairman and CEO Eric Schmidt has publicly said that digital currencies will be far more valuable 10 years from now than they are today, and many prominent technologists agree.
The graph from the World Trade Report 2018 illustrates the blockchain business value forecast through three parts of development. Although cryptocurrencies markets may expect a downturn in the nearest future, big shots of digital era are convinced that altcoins may surge in the distant future.
With hundreds of existing digital tokens created in crave to achieve the same success Bitcoin had in its “younger years”, where do you begin? While you should consider various rising cryptocurrency stocks in order to diversify your portfolio, Bitcoin is a must-own if you’re planning to have any long-term exposure to cryptocurrencies. Bitcoin (BTC), the most valuable digital currency, is easily one of the best cryptocurrencies to buy, just because building a portfolio of digital investments without it is downright ignorant.
WHAT IS BITCOIN STOCK
But did you know that you can invest in bitcoin without actually buying a single token?
Bitcoin stocks are the stocks issued by BTC-related companies. Lately, they have seen substantial growth and have provided many newbies in the cryptocurrency ecosystem a chance to jump on board.
Rather than investing directly in cryptocurrencies, you just put your money in a company that will do fine no matter what happens in the cryptocurrency markets, but will do even better if the BTC price surges in 2019. These cryptos are poised to benefit as blockchain technology evolves.
HOW TO BUY BITCOIN STOCK
The following bitcoin stocks have diversified risk and are not fully dependent on the cryptocurrency — that is what makes them attractive. Bitcoin has suffered a massive downturn, whereas bitcoin stocks have been spared. Therefore, the following stocks are all much more secure bets on the digital money craze than any other digital currency.
- Nvidia Corporation (NVDA)
- Advanced Micro Devices (AMD)
- Bitcoin Investment Trust (GBTC)
- Overstock.com, Inc. (OSTK)
- Microsoft Corporation (MSFT)
- IBM (IBM)
- Square (SQ)
- Marathon Patent Group (MARA)
- Riot Blockchain, Inc. (RIOT)
- MGT Capital Investments, Inc. (MGTI)
- DPW Holdings, Inc. (DPW)
- BTCS, Inc. (BTCS)
- Bitcoin Services, Inc. (BTSC)
- Digatrade Financial Corp. (DIGAF)
- First Bitcoin Capital Corp. (BITCF)
- Global Arena Holding, Inc. (GAHC)
- Bitcoin Investment Trust (GBTC)
- Cablevision Systems Corp. (CVC)
- Glance Technologies (GLNNF)
- INFRAX Systems, Inc. (IFXY)
- CarSmartt, Inc. (SRSP)
- KSIX Media Holdings, Inc. (KSIX)
Want to buy these stocks? They all are listed either in the NASDAQ or NYSE, you can search for the list online and place an order through a stock brokerage that will buy the stock on your behalf.
With the accelerating pace of digitalization one day legal issues may be overcome and humanity may enter in a new world with digital currency used ubiquitously. It would not be surprising if it was the grandparent of all the cryptocurrencies who would be the first official digital currency.