One of the most annoying thing about investing in cryptocurrency are the fees. Although the fees are nowhere as high as trading traditional stocks, they can still add up. On most exchanges you pay a small fee every time you buy and sell a coin.
On Coinbase for example there is a 1.49% fee to both buy and sell bitcoin. So if you wanted to make a profit, the price of Bitcoin would need to rise more than 3% before you take any profit.
But the good news is there is an option for investing in Cryptocurrency without having to pay any fees at all.
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ETFs or Exchange Traded Funds are a great way to invest in a diverse portfolio of underlying assets. ETFs are made up a hundreds and sometimes thousands of underlying stocks and bonds. This means you can invest in all of these assets with just one trade.
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So you have a stack of Bitcoin. You could just hodl it or you could try and turn it into even more Bitcoin. The market at the moment is pretty flat with not much happening. That makes it the perfect time to invest your Bitcoin and grow it into something larger.
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