Bitcoin on The Way to 90k - How to Invest in Bitcoin

The first U.S. Bitcoin ETF, ProShares Bitcoin Strategy (ticker: BITO), is a milestone for the whole crypto industry, not only because it suggests the approval of crypto trading from the U.S. SEC, but also in that it shows us how ways of investing in crypto have developed by leaps and bounds. just look back on ten years, many people still need to buy and sell bitcoin at bricks and mortar stores. Now all the work is done with a smart-phone.

The launches of not one but three bitcoin ETFs are expected to inject a new wave of hot money into the market, thus pushing the price of bitcoin to new highs. While bitcoin has made minor corrections in the weekend, its bull momentum prevailed with Michaël van de Poppe predicting that bitcoin "on the way to 90k."

In a recent talk, Hedge fund investor Anthony Scaramucci said that “Anybody that does the homework … ends up investing into it. Look at Ray Dalio, a bitcoin skeptic, now a bitcoin investor.” If you also want to invest in bitcoin, this article may help you explore what options you have.

 

1. ProShares Bitcoin Strategy ETF

The ProShares Bitcoin Strategy ETF is an exchange-traded fund that tracks bitcoin futures, not spot bitcoin. investors need not open their accounts at cryptocurrency exchanges to gain leverage to the price of bitcoin futures. This makes investing in bitcoin much easier. For example, investors don't have to own a crypto wallet and worry about losing their bitcoin if they ever forget the passwords. But since this ETF tracks futures, its price may not always move in tandem with that of bitcoin. The fee for the ProShares is 0.95% annually.

 

2. Futures trading

Futures trading enables traders to bet on the price trends of crypto and make profits from the price differences. Platforms usually allow traders to leverage up their deposits to increase their positions - potentially earning far greater returns if they bet the right direction. Betting on the price movements of crypto may seem easy, but traders are advised to practice as much as possible via trading simulators and learn to analyze the market.

 

While futures trading carries higher risks than staking, the earning potential is much greater. To illustrate, if you open a buy contract worth 1 BTC ( invest 0.01 BTC with 100x leverage) when Bitcoin is trading at $60,000, when Bitcoin rises to $65,000, you will get 0.077 BTC.

 

3. Hodling Crypto

"Holding" is one of the oldest and most popular ways to earn profits. While the trading activities of crypto are of high frequency, many crypto "believers" choose to purchase them and store them in their wallets for one year or even longer.

Holding is easy, and most importantly, much less stressful as you don't need to monitor the market every day and get nervous with every price swing. The earlier you purchase Bitcoin, the more you could earn. Even when you bought Bitcoin just one year ago, you could get a potential ROI of over 400% now.

Instead of just holding, investors now choose to store their bitcoin in an interest-wallet to earn interest. The interest rates of exchanges vary from 1% to 21% annually.

 

4. Affiliate program

Affiliate program, also known as a refer-a-friend partner plan, is the way to earn commissions from crypto trading platforms. All you need to do is to get a tracking link and spread it in your social circles you have joined - your friends, Telegram groups, Twitter, etc. That would be more like a seller job, you need to understand the products and design your marketing plan.

Bexplus offers 100x leverage in BTC, ETH, DOGE, ADA, and XRP futures contracts. Bexplus is trusted by over 800K traders around the world, including the USA, Japan, Korea, and Iran. No KYC, no deposit fee, traders can receive the most attentive services, including 24/7 customer support and personal account manager. Bexplus offers multiple ways for you to earn bitcoin: future trading, interest-bearing wallet and affiliate partnership of up to 50% Commission Reward.

  • Demo account with 10 free BTC

When you successfully sign up, you can get the 10 free BTC in the trading simulator which enables you to practice trading futures contracts without losing money.

 

  • Wallet with up to 21% annual interest

Prices go up, prices go down, but the Bexplus BTC wallet is to protect and increase your assets. If you would like to take a rest from the ever-changing crypto market, you can turn to the Bexplus interest wallet. It provides 21% annualized interest. That is to say, if you deposit 1 BTC, you will get 1.2BTC a year later. Undeniably, that is almost the highest interest in the industry.

 

  • 100% Bonus to Help You Maximize Profit

Double deposits, double profits. Users can get a 100% deposit bonus for every deposit on Bexplus. If you deposit 1 BTC, 2 BTC will be credited to your account, and the profits gained with the bonus are withdrawable.