How To Invest In Bitcoin With Shocking Ease To Maximize The High Profit Potential Of The Cryptocurrency Market In Only Minutes A Day
NOTE: This page is part of the Start Investing Guide. To go through the Guide in order, go here: Start Investing Guide
So, you want to know how to invest in Bitcoin. I don’t blame you. Bitcoin, and the entire cryptocurrency market, is an exciting investment opportunity with high profit potential.
These are exciting times for investors and a great opportunity if you take a serious approach to investing in Bitcoin. Therefore, I want to go over how to invest in Bitcoin in ways that have the highest probability of success.
Obviously, there are more than one way to invest in Bitcoin. As usual, I’m not going to be providing “generic” information, but rather information based on my real world experience and what I am actually doing as a Bitcoin investor.
On this page, I’ll be going over my top 3 ways to invest in Bitcoin:
- How To Invest In Bitcoin Without Trading
- How To Invest In Bitcoin Trading Forex
- How To Invest In Bitcoin At Cryptocurrency Exchanges
This page is detailed, so I suggest reading the page all the way through once, and then using the Table Of Contents to revisit specific sections later.
Why Invest In Bitcoin In The First Place?
Bitcoin might be completely new for some of you… and there are things to learn and things to do to get up and running. Furthermore, investing in general might be new for you and there are things you need to understand and challenges to overcome as well.
So, why bother?
Why put in the time and effort to learn how to invest in Bitcoin?
The simple answer is… Profit Potential.
In my opinion, the cryptocurrency market presents an excellent opportunity for huge profit gains.
No, I am not saying “Bet the farm on Bitcoin”. The bulk of my investing is still done by trading Forex and Gold. But I am saying Bitcoin should be a part of your wealth accumulation efforts.
There is just too much potential profit to ignore.
I think when you see what kind of profit potential I am talking about here, it will motivate you to do whatever it takes to get involved.
- The potential profits will spur you to create your Bitcoin infrastructure.
- The opportunity will push you to set up your trading infrastructure.
- And the potential will keep you motivated to participate in the Bitcoin market in a systematic and professional manner.
To illustrate the profit potential, let’s take a look at a Bitcoin chart…
Up until about 2017, you could buy 1 Bitcoin for under $1000. Then price exploded to close to $20,000 per Bitcoin. At the time of writing this, 1 Bitcoin costs around $16,000.
You see, explosive growth potential.
Now, I cannot guarantee Bitcoin is going to keep rising at this rate. It could, but it also could not. But if the price of Bitcoin does continue to rise… you definitely don’t want to be sitting on the sidelines.
As you’ll see, investing in Bitcoin does not have to be hard or complex. Yes, you might have to learn some new things, which might be scary, but the potential profits should outweigh any doubts you might have.
How To Invest In Bitcoin Without Trading
(HODL & Dollar Cost Averaging)
Profiting from Bitcoin does not have to be complicated. And there are two very simple ways to invest in Bitcoin that doesn’t require any trading or much effort on your part.
HODL (Buy and Hold)
The price of Bitcoin, overall, has been on the rise. So, you can profit just by buying some Bitcoin and holding it to sell at a later date.
In the Cryptocurrency world, someone was talking about this method and misspelled “hold” and that is why you will see the word “HODL” being used to describe buying and holding cryptocurrency.
I helped my Dad figure out how to buy and store Bitcoin, which he did when it was around $4,000 a Bitcoin. Over time, Bitcoin’s price increased to about $8,000 a Bitcoin.
He worked as a CPA all his life and knows a lot about investments and expected profits. He was ecstatic to see his Bitcoin investment DOUBLE in such a short time.
So you see, you can profit as a Bitcoin investor simply by purchasing some Bitcoin and holding on to it.
And believe me, if my Dad can learn how to buy and store Bitcoin, you can learn too!
Important Note: Keep in mind, you do not need to buy full Bitcoins. You can get any denomination of Bitcoin you want. So, don’t think you need thousands of dollars to participate in the Bitcoin market and get started.
OK, let’s move on…
Dollar Cost Averaging
A slightly more sophisticated take on the Buy & Hold method is called Dollar Cost Averaging. On the most basic level, Dollar Cost Averaging is when you just buy a certain dollar amount of Bitcoin on a schedule, regardless of the price.
And remember, you can buy any amount of Bitcoin you want, so you have complete flexibility as to how much you want to buy on a consistent basis.
Buying Bitcoin periodically over time means if the market continues to rise, the average price you spend on Bitcoin should be lower than the future price… the difference being your profit.
This is a safer method because you are not locked into buying a huge sum at one price, you can spread your investments over time and you can start investing with a small amount of money.
My Dad was so happy with the gains he had made, he started buying small amounts of Bitcoin every month on autopilot at Coinbase. And as you’ve seen, price went from @ $8,000 up to $16,000 now.
Happy Dad again.
So, you see, profiting from Bitcoin (and we are talking potentially HUGE profits here), does not have to be complex and complicated. It can be as simple as buying some Bitcoin and holding on to it… or buying small amounts of Bitcoin on a schedule over time.
If you want to invest in Bitcoin in this manner, I highly recommend storing your Bitcoin in the safest place possible. This means getting a Hardware Bitcoin Wallet.
These are the two I like:
Full Disclosure: I personally am storing some Bitcoin in my Trezor Wallet. But as you can probably guess, this is not my preferred method of investing in Bitcoin. I prefer to put my Bitcoin to work to make more Bitcoin.
Using Bitcoin to increase the amount of Bitcoin I have is what we will go over next.
How To Invest In Bitcoin By Trading Forex
As you probably know, my plan to accumulate wealth faster than other investment opportunities includes trading the Forex market. By trading a very simple, strategically designed trading strategy I can outperform other investment returns.
This allows for the possibility of making up for lost time by building the wealth I need in the time I have.
So, what does this have to do with how to invest in Bitcoin?
The EXACT same way I trade the Forex market for profits in DOLLARS can be used to grow Bitcoin.
In order to trade Forex, you need to open a broker account. When opening the account, you’ll choose the account currency… for example USD. Your profits and losses are measured in this currency.
Here is the important part: Some Forex brokers allow you to open an account with the base currency in Bitcoin.
This means when you trade the Forex market successfully… your profits are in Bitcoin.
Here is how it works…
- Buy some Bitcoin
- Open a Forex broker account that allows Bitcoin accounts
- Fund your account with Bitcoin
- Trade the Forex market like normal
- Increase the amount of Bitcoin you have
Just think about how powerful this profit method is.
- You can start with a small amount of Bitcoin
- You can increase the amount of Bitcoin you have through trading
- And if Bitcoin price rises (which I expect it to do)… YOU WILL HAVE MORE BITCOIN WHICH MEANS MORE PROFITS
This really is a way to increase your profit potential exponentially. Instead of just buying and holding Bitcoin, you are buying and GROWING Bitcoin. So, if price increases you are not only profiting by the price increase… but also by having MORE Bitcoin.
Let’s look at my Dad’s example again…
By any measuring stick, this was a great investment. He bought Bitcoin around $4,000, and the price almost doubled in a short period of time to almost $8,000. So, good for you Dad.
But imagine if my Dad traded the Forex market and increased his Bitcoin holdings from 1 Bitcoin to 1.5 Bitcoins over that time period. Instead of his 1 Bitcoin now being worth $8,000, his 1.5 Bitcoins would be worth $12,000.
So, instead of $4,000 profit, he would be looking at $8,000 profit. Exponential growth at its finest.
Do you see the potential for profits to grow at an extraordinary pace using this method? This is an extremely powerful Bitcoin investing strategy.
This is how I do it…
I simply place the same trades I am making on my USD accounts on a separate account set up with the account currency in Bitcoin.
- No new strategy to learn
- No new market to trade
- Just takes a few seconds on top of my “normal” trading activities
- Same great profit potential… but with the profits in Bitcoin
Trading Forex on accounts in Bitcoin is not all I’m doing to grow my Bitcoin holdings. Let’s go over my next strategy…
How To Grow Your Bitcoin At
In the previous section, I showed you how it is possible to grow your Bitcoin simply by trading Forex on an account with Bitcoin as the account currency.
But is there a way to grow your Bitcoin by taking advantage of the price movements of Bitcoin itself versus the US dollar?
There actually is a very simple way to grow your Bitcoin holdings at Cryptocurrency Exchanges.
- You don’t need to learn about money management
- You don’t need to figure out stop loss and take profit levels
- You don’t need to learn how to manage your trade once you are in the market
- Growing your Bitcoin can be as simple as hitting the Buy or Sell button
Successful trading can be summed up like this:
BUY LOW and SELL HIGH
You buy Bitcoin when it is at one price, and then sell it when it reaches a higher price. For example, you buy Bitcoin when it is at $4,000 and then sell it when Bitcoin is at $8,000.
Now you have $8000 to buy back Bitcoin… hopefully at a lower price.
- Buy Bitcoin when price is low
- Sell Bitcoin when price is high
- Repeat this back and forth sequence
Basically, by exchanging your USD for Bitcoin when price is low, and then exchanging Bitcoin for USD when price is high and continuing this back-and-forth sequence you can grow your Bitcoin holdings.
So, the big question is… when do you buy Bitcoin and when do you sell Bitcoin?
That is where a simple strategy on the BTCUSD chart comes in.
This is how I do it:
- I get a DEMO account at a broker offering Cryptocurrency Trading
- I set up the free MT4 platform
- I put a simple indicator on the BTCUSD chart (Bitcoin VS US Dollar)
- When this indicator shows an UP arrow… I buy Bitcoin
- When the indicator shows a DOWN arrow… I sell Bitcoin
But here is the thing…
I don’t buy and sell Bitcoin using the MT4 platform. Instead, I do everything from right inside a Cryptocurrency Exchange like Binance or Coinbase.
If you are a complete beginner, I recommend:
For non-US traders in search of lower trading fees, I recommend:
And here you can get a Binance account in the US…
Again, the concept is simple to understand, but extremely powerful. If the price of Bitcoin increases you are not only profiting by the price increase… but also by having MORE Bitcoin.
This is an excellent way to start with a small amount of Bitcoin and grow it over time… exponentially increasing the potential profits in the future.
How To Invest In Bitcoin Like I Do
On this page I’ve gone over how to invest in Bitcoin in 3 different ways:
- Buy & Hold or Dollar Cost Averaging
- Trading Forex With The Account Currency In Bitcoin
- Exchanging Bitcoin For Profit Directly At Cryptocurrency Exchanges
Each investing method is founded in the belief the price of Bitcoin will increase over time. And if the price of Bitcoin does increase over time… I want to be holding MORE Bitcoin.
I’ve created an entire course teaching you how to invest in Bitcoin each way. Since one of the most powerful investment methods for growing Bitcoin involves trading Forex, this course is only available as a BONUS to my Forex Trading Blast Off 2.0 package.
To learn more about this, go to:
Investing in Bitcoin does not have to be difficult or time consuming. And with the profit potential so high… investing in Bitcoin should definitely be added to your wealth creation activities.
Now you know how to invest in Bitcoin.
- Will you simply buy and hold or use dollar cost averaging?
- Will you grow your Bitcoin with Forex trading?
- Will you grow your Bitcoin at Cryptocurrency Exchanges?
- Or will you be like me, and do all 3.
Nobody knows where the price of Bitcoin will go. But if the price of Bitcoin does continue to rise over time… I don’t want to be sitting on the sidelines and want more of it.
A talking about how to invest in Bitcoin by trading, what about trading the Bitcoin market directly?
Trading Bitcoin (The BTCUSD Currency Pair)
For Extraordinary Profits
When most people think about “trading”, they think the trading strategy is the most important part. And yes, using a strategically designed trading strategy for long term profits is important.
But I believe the market you apply the trading strategy to is just as important.
You see, the easiest way to become a profitable trader is to trade in a manner where you make considerably more on winning trades than you lose on losing trades. That means you need to trade a market that has bigger moves so you can capture larger profits.
And the BTCUSD currency pair frequently has moves that allows me to capture 10 TIMES the risk.
This means extraordinary profits are possible trading the BTCUSD currency pair.
How you take these extraordinary profits is up to you. You can trade a broker account and take your profits in fiat money (USD, EURO, etc.). But if you trade at a broker that allows you to fund your account in Bitcoin, you can take your profits in Bitcoin.
- If you are looking to grow your wealth in money… you can do so trading the BTCUSD.
- If you want to grow your Bitcoin holdings… you can do that too.
Extraordinary profit potential, the possibility of HUGE winning trades and the ability to trade for both fiat money and Bitcoin makes trading the BTCUSD currency pair extremely attractive.
Don’t worry about learning how to do this all on your own. The fastest path to profits is to just copy the trades of an already profitable trader. Basically, you can just trade the BTCUSD exactly like I do.
You now know how to invest in Bitcoin in a variety of ways. Pick which one suits you best… or find a place for all of them in your wealth creation activities.
To Your Wealth,