Bitcoin and other cryptocurrencies have generated very high returns to all members of the community who ventured from the beginning in this new innovation of the financial world. Their technology, characteristics and positive movements in the market, were turning them into a very striking option when drawing up an investment plan, either short or long term.
Today, there are many people who still in the mood to invest in the sector remain distant from doing so. This is due to the volatility that characterizes it, the lack of regulation in its trade or the new storage and administration modalities that users must deal with to make effective use of them.
However, there are a variety of options in which you don’t necessarily have to buy cryptocurrencies to make money with them. In this way, the aforementioned inconveniences would be avoided, but still receiving profits related to the ecosystem itself, and although the alternatives are not as diverse as the projects developed within the crypto world, they can also generate sufficiently attractive dividends. So if you want to make Bitcoin Profit then it is must that you aware about all the latest technologies.
Bitcoin futures investment
The futures contract is an agreement in which the contracting parties are obliged to buy or sell a quantity of goods or securities on a certain future date and at a set price. In the case of bitcoin, for the month of December last year, CBOE Global Markets and CME Group, two of the largest futures exchanges, began offering these contracts in Bitcoins.
Although with some differences in their characteristics, in both contracts investors are exposed to variations in cryptocurrency prices. In such a way that they can generate benefits if the price of Bitcoin rises until the expiration of the contract or on the other hand if it falls, benefits are obtained through the sale of the contract itself.
In one way or another, the advantage is that it is never necessary to have Bitcoin to benefit from its ups or downs in the market. In these types of contracts, the parties only exchange fiat currency to settle the corresponding maturity instead of the cryptocurrency itself.
Mining in the Cloud
The case of cloud mining is carried out through service contracts with companies that carry out the cryptocurrency mining activity on behalf of the user, thus avoiding the acquisition of expensive specialized equipment, its installation, maintenance and operational expenses. .
This option also does not mean the direct possession of any cryptocurrency. Instead, users receive dividends for the results obtained from the use of the company’s mining equipment, obtaining the income according to the plans contracted by the user and which can be canceled in fiat currency such as dollars or Euros.
Investment in blockchain technology
The blockchain technology is that on which bitcoin and the rest of the cryptocurrencies are based, its use has also been implemented for other important purposes and in activities that are carried out day by day. For those people who are not completely convinced about cryptocurrencies, this technology can be a great option to invest safely.
There are multiple companies that currently benefit from this type of technology, food distribution companies and other raw materials, financial technology, data storage of all kinds and even medical records.
A relevant example is the Ripple cryptocurrency of the company Ripple Labs, which allows the transfer of money between financial institutions worldwide and is characterized by its level of speed in transactions. Many other institutions in the sector have relied on this technology and have made investments in it, so if Ripple increases its value, they will be benefiting indirectly from its success.
Although the methods to earn money with cryptocurrencies are not abundant without investing directly in them, there are these possibilities with which the investor can feel more comfortable placing their money and that can undoubtedly generate fruit in a short, medium and long term.
However, it is expected that the development of the cryptocurrency market will increase and simplify more and more, covering especially a greater number of users; so in short, it is a matter of time for investors to adapt to the characteristics of the market and start evaluating the multiple available investment options