Investing in cryptocurrency is similar in many ways to trading stocks online or through apps. If you’re ready to dive in, read this article and our top crypto predictions listed below, to help set you on the right path today.
Investing in cryptocurrency has become increasingly common among both individual and institutional investors. This is largely due to two main factors: investors who play the crypto market correctly can see enormous returns on investment; and it has become much easier to purchase cryptocurrency in recent years.
For almost the entire first decade after the launch of Bitcoin in 2009, it took more than a bit of tech-savvy to purchase, store, and use all types of cryptocurrency. However, now anyone with internet access can easily invest in many of the top cryptocurrencies using common investing apps (more on that later).
Cryptocurrency investment has proven to be very lucrative for some investors, and many believe there are still plenty of fortunes to be made. For instance, Bitcoin was practically worthless when people started trading it (about $0.0008 per coin). It took the coin a few years to even reach $0.08!
Yet, at times Bitcoin has since soared well above the $40,000 mark, allowing early or timely investors to see massive ROI. It certainly isn’t too late to jump on the Bitcoin bandwagon, with at least one Bitcoin price prediction for 2025 as high as $1 million.
Of course, there are numerous other cryptocurrency options available—many even for the price of Bitcoin back in 2009. Before you jump into the world of cryptocurrency investment, there are few things you should know.
Many investors wonder if choosing cryptocurrency is right for them, and we argue that just about any investor can benefit from adding cryptocurrency to their portfolios. While cryptocurrencies are often more volatile and riskier than stocks, owning just a small amount can expose you to high upside potential. Allocating just 3% of your portfolio to Bitcoin can offer huge growth potential.
And if you have money set aside for speculating on markets, trading cryptocurrencies can be a lucrative avenue as well.
When Wall Street firms and funds (together known as institutional investors) and public companies buy up Bitcoin, they buy it up big, in purchases worth millions or billions of dollars. Their cash influx won’t prevent the price from falling again, but it will keep the price from falling too low. It’ll also encourage others to invest and push Bitcoin to new highs. Here are some of the recent notable “big money” Bitcoin investments that helped push the price over $50,000:
| Company/Fund | No. of Bitcoin | Approximate Value on March 1 |
| Grayscale Investments (OTCMKTS: GBTC) | 656,166 | $31.2 billion |
| MicroStrategy Inc. (NASDAQ: MSTR) | 90,859 | $4.5 billion |
| CoinShares Group | 69,730 | $3.49 billion |
| Tesla Inc. (NASDAQ: TSLA) | Est. 40,500 – 52,000 | $2-$2.6 billion |
| Ruffer Investment Company | 45,000 | $2.3 billion |
| 3iQ Bitcoin Fund | 22,590 | $1.13 billion |
| Galaxy Digital Holdings (OTCMKTS: BRPHF) | 16,402 | $820 million |
Source: Decrypt.co; Yahoo Finance
When choosing the best cryptocurrency to buy, consider that a coin's value is ultimately decided by five main factors:
Although cryptocurrency is a relatively new investment, getting started is a lot simpler than most people might think.
The first thing you should do is sign up for a cryptocurrency exchange. These exchanges will allow you to buy, sell, and hold cryptocurrency. Some common cryptocurrency exchanges include Coinbase, Kraken, Gemini, Binance, and more. When choosing a cryptocurrency exchange, compare the features of each. For example, you may want to choose an exchange that lets you withdrawal your crypto to your own personal wallet for safer keeping.
Next, you’ll connect your cryptocurrency exchange to your bank account. To do this, you will need to provide personal documents such as your driver’s license, social security number, and bank account information. This will be how you transfer funds from your cryptocurrency wallet to your bank account.
Now, you’re ready to place a cryptocurrency order. Cryptocurrency exchanges offer many of the same features as traditional stock brokerage options. You can pay, sell, and trade cryptocurrency investments quickly and easily.
You don’t have to buy Bitcoin to profit from its gain. You can also buy stocks that are correlated to Bitcoin or companies that are investing in BTC, like these five we have our eyes on now:
| STOCK | PRICE ON 3/2/21 | YTD GAIN on 3/2/21 |
| Riot Blockchain Inc. (NASDAQ: RIOT) | $50.40 | 206% |
| Grayscale Bitcoin Trust (OTCMKTS: GBTC) | $45.15 | 29% |
| Overstock.com Inc. (NASDAQ: OSTK) | $68.62 | 39% |
| MicroStrategy Inc. (NASDAQ: MSTR) | $781.07 | 84% |
| Snap Inc. (NYSE: SNAP) | $66.11 | 33% |
In addition to using an exchange, you can also buy Bitcoin using apps like Robinhood, Cash App, and even PayPal. You can also buy Bitcoin at a Bitcoin ATM, although the fees can be high (as high as 10%).
Lastly, you can buy Bitcoin through a P2P (peer-to-peer) network. These networks consist of individuals selling Bitcoin themselves. Bitcoin.com has its own P2P trading platform
Want to learn more about getting started with Bitcoin? Check out our guide How to Buy Bitcoin. Luckily, you don’t have to understand all the technical ins and outs of cryptocurrency. All you need to know is how to buy, sell, and trade this potentially valuable investment.
A Bitcoin death cross pattern means crypto is in for a rough few months, possibly even more of a reversal than anyone thought.
Bitcoin (BTC) lost half its value since reaching an all-time-high of $63,000 in January 2021.
Cryptocurrency die-hards will tell you they’ve been here before.
If you’ve watched BTC over the last six months, it might seem like just another day.
A Bitcoin death cross pattern means crypto is in for a rough few months, possibly even more of a reversal than anyone thought.
Bitcoin (BTC) lost half its value since reaching an all-time-high of $63,000 in January 2021.
Cryptocurrency die-hards will tell you they’ve been here before.
If you’ve watched BTC over the last six months, it might seem like just another day.
But the Bitcoin death cross could be different...
Crypto startups just wrapped up 12 of the largest private funding rounds ever, raising $1.38 billion from Silicon Valley and venture capital firms.
The thing is, you don't need to have millions to invest and profit in the crypto startup space.
Regular investors can absolutely get in on this...
The Amp token (AMP) has not been around very long.
But if you've paid attention, you know it promises more than most other cryptocurrencies can right now.
Today's Amp crypto price prediction makes that clear.
Let me explain... Often, when you go to buy anything at a brick-and-mortar store, you slide your card through a card reader made by NCR Corporation (NYSE: NCR), formerly known as National Cash Register.
NCR machines accept Amp crypto.
And more than 7,000 department and retail stores use NCR machines.
This is one of the greatest examples of crypto adoption to date.
That's why the outlook is so hopeful for AMP over the next five years...
It’s no wonder a lot of investors are asking, "Is Bitcoin safe?" The attacks on the cryptocurrency come from well-known investors, media talking heads, and government officials.
They call Bitcoin everything from a Ponzi scheme to a major source of climate change.
But a lot of the Bitcoin bashing you hear is misinformed, misleading, or outright false.
Today we bust the 10 biggest Bitcoin myths...
Bitcoin (BTC) and Ethereum (ETH) share a common problem that keeps popping up in the headlines: neither are very "energy efficient."
That will play a key role in our Chia coin price prediction today.
Chia coin consumes less energy than your average coin.
That's what makes it so exciting for cryptocurrency traders today.
We will show you where the coin is headed right now...
Dogecoin soared from $0.05 to near $0.70 between April 1 and May 6.
This was a 1,300% return for DOGE holders.
The dog-themed cryptocurrency has since consolidated above $0.30.
So, they would still have a profit today.
Webull made Dogecoin available for trading on its platform amid the hype in April 2021.
Before, investors were limited to Robinhood and Kraken.
Polygon is not just a cryptocurrency but a protocol built on Ethereum to help "create, issue, and manage digital securities on the blockchain."
The entire premise of MATIC is to improve connections between the Ethereum blockchain and other networks.
Lately it's appeared to dip as much as 47% lower from those highs.
Let's talk about what the future holds for this token.
Here's the MATIC price prediction for 2025 and beyond...
Colonial Pipeline Co.
paid DarkSide hackers more than $4 million in Bitcoin last month during the pipeline attack.
The FBI just recovered most of the ransom – more than $2.3 million.
But then worries over Bitcoin’s securities sent the price tumbling more than $5,000.
Retail investors are way off base on this one – there’s no need to worry about Bitcoin… .
Investors looking for cryptocurrency stocks to buy don’t have a wide selection to choose from.
But the choices now are far better than they were just a few years ago.
The appeal is that companies with crypto-based businesses offer a more conventional way to get exposure to this new and exciting asset class.
We’ve sorted through what’s out there and made a list of the top crypto stocks you can buy today.
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Every cryptocurrency wants to be the first digital currency accepted worldwide.
Stellar Lumens is already on its way after some landmark business deals with organizations in Ukraine, Bahrain, Germany and more.
Pay attention, because more partnerships like these could pus the Steller Lumens price to $6 by 2025.
That’s 1,478% from today’s price.
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$340 million worth of NFTs were sold last year.
This year's number is sure to blow that $340 million figure out of the water.
You see, NFTs aren't going anywhere.
These investments are here to stay.
But what a lot of investors new to NFTs find difficult is knowing which NFT is worth their cash.
Valuing art, for example, is tough business.
Fortunately, you don't have to drop everything and become a trained art appraiser to make money off of NFTs.
There's a pick and shovel play that will let you profit as the NFT, and broader cryptocurrency markets, balloon over time.
And you can do it right from the stock market.
Here’s what we’re talking about...
NFTs were a small, niche blockchain application until this year, when a collector paid $69 million worth of Ether for a unique piece of digital art.
The thing is, it’s not just artists who are cleaning up here; regular investors can line their pockets from this ongoing NFT boom via a “backdoor”… .
Dogecoin getting added to Coinbase is going to be one of the biggest crypto events of the year, which is why we're releasing a short-term Dogecoin price prediction for when it happens.
Money Morning crypto trading expert Tom Gentile took a deep dive into Dogecoin's charts, particularly zooming on its Fibonacci levels.
And then he issued a Dogecoin forecast you can't afford to miss.
Bitcoin and Ethereum were moving higher last week, but the recent sell-off looms large in investors' minds.
Understandable, but Tom Gentile's latest long-term crypto outlook is still as bullish as it was in April, for two reasons...
Tom Gentile's readers had a shot at selling into the top of the recent cryptocurrency bull run, before volatility knocked double-digits off Bitcoin, Ethereum, and other top crypto prices.
Tom's made up some fresh charts to show where prices are headed and where folks should buy in..
