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Investing in crypto stocks isn’t difficult at all. You just need to choose a few key investments. This article highlights five profitable crypto stocks to buy now. You can start earning a steady income now from the next decade’s global currency.
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With more than 50 billion dollars invested, cryptocurrency is now a mainstream asset class. The latest wave of investors is looking for projects that generate income.
Investing in crypto currency stocks isn’t as difficult as it seems. With the proper knowledge and a few select investments, you could be a millionaire by 2022. This article highlights five profitable crypto stocks to buy now, so you can start earning a steady income from the next decade’s global currency.
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Coinbase Global, Inc.
Coinbase is a digital currency exchange platform where people can buy bitcoins with local currency.
Launched in 2012 by Brian Armstrong and Fred Ehrsam, Coinbase is one of the largest bitcoin brokers globally, with an estimated 24 million customers. The company provides services for both individual customers as well as institutional investors.
Coinbase provides a platform that enables you to buy, sell, send, and store bitcoins securely. It offers its services in more than 30 countries worldwide. Additionally, the company has raised more than $200 million from leading investors, including Andreessen Horowitz, Union Square Ventures, Draper Associates, and more.
For these reasons and more, Coinbase is a crypto stock that is worthy of your attention.
Marathon Digital Holdings
Marathon Digital Holdings is a digital advertising company that focuses on creating, distributing, and optimizing content for clients in the life sciences, health care, finance, and automotive industries.
Two partners, Adam Marchick and John Ramey, founded the company in 2005. Today, Marchick is the CEO of Marathon Digital Holdings and Ramey serves as its president. The company has about 350 employees spread across offices in New York City, Los Angeles, San Francisco, Chicago, Boston, London, Sydney, Toronto, Paris, Amsterdam, and Singapore.
Marathon Digital Holdings has increased its market share in the United States by providing personalized services to small and medium-sized businesses as well as enterprise-level companies. It has also increased its market share by expanding internationally to Europe’s fastest-growing economies including Italy, France, and Spain.
Marathon Digital Holdings is another crypto stock that you should watch carefully and perhaps even invest in.
Bitcoin (BTC) as a Crypto Stock
Bitcoin is a digital currency and a form of electronic cash. Two parties can transfer it securely and anonymously between themselves without the need for a financial intermediary. “Bitcoin miners” create the coins using powerful computers to solve complex mathematical problems.
Bitcoin was the world’s first cryptocurrency, and it’s the one that most people have heard of.
Since its release in 2009, bitcoin has grown into one of the largest cryptocurrencies in terms of total market cap (over $230 billion).
While bitcoin can serve as digital currency, it also has value to investors as a promising crypto stock.
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Ethereum is a blockchain-based platform that was launched in 2015 by a group of developers. It is a decentralized digital ledger that allows transactions to take place without the need for a central bank.
Its developers designed it to be an upgrade from its predecessor, Bitcoin. For this reason, Ethereum has been described as Bitcoin’s successor. Some believe it has even greater potential.
The price of Ethereum has been steadily rising since the beginning of 2017. This is a sign that people are finally starting to take Ethereum seriously and that the technology is becoming more and more mainstream.
Cardano is a leading cryptocurrency and has been around since the early days of blockchain. Its ADA token has been the second-largest cryptocurrency by market cap for a while now. Savvy investors regard Cardano as one of the best crypto stocks to invest in. This is because they believe it is still quite undervalued. Currently, Cardano is ranked seventh in terms of market cap. Nonetheless, there are still plenty of reasons to invest in it.
Cardano’s technology offers many features that other cryptocurrencies have not yet implemented. For example, Cardano’s decentralized platform allows you to send and receive money without any fees or delays. Moreover, transactions can be processed an unlimited number of times. This means you can use it as a digital wallet for your savings account with no worries about expiry date limits.
Parting Thoughts About Investing in Crypto Stocks
A few years ago, Bitcoin’s value skyrocketed, and cryptocurrency became a new form of investment. It is now on the rise again. With predictions that the crypto market will experience a resurgence in 2021, now is the perfect time to invest in some promising crypto stocks.
Even if investing doesn’t particularly interest you, there might be some cryptocurrency stocks on this list that you may find interesting or intriguing for a variety of reasons. You can learn about these five profit-driving stocks and decide whether it’s worth taking a risk and investing in them before they make their exponential comeback.