BitCoin is back in the news and on the rise. This means a lot of people are going to start jumping into crypto currencies. Maybe you are one of them. If you are, this article is for you. And if you aren’t, this article is still useful. Why? Because I’m about to share several low-cost (and low-risk) ways to invest in BitCoin.

These are pretty simple strategies and many of them cost nothing to do.

This isn’t filling out surveys or joining some nebulous social media giveaway either. These are all good, practical strategies you can use.

1. Use Coinbase Earn For Free Crypto Currency (The Easiest Way To Invest In BitCoin)

Coinbase Earn is a fantastic tool for collecting free digital assets. This is a program where you sit and watch a 2 – 3 minute video (more like an investment pitch), and are instantly rewarded with a couple bucks in crypto currency.

You can collect a total of $158 right now, allowing you to build up a small stake in BitCoin “on the house.”

Here’s a direct link to Coinbase Earn (no affiliate). And, if you’re brand-new to the Coinbase platform, I suggest signing up with this referral link which gives you an extra $10 in BitCoin after your first $100 deposit. That’s an instant 10% return on your initial investment.

2. Join An Affiliate Program That Pays In BitCoin

While I like BitCoin and own some, I don’t know if I’d ever buy more at $10,000, $15,000, or $20,000. At that point one coin is worth the down payment on a rental property. That said, I still increase my BitCoin holdings at every price.

I added to the portfolio at $4,000, $7,000, $9,000, and $10,000. All through the use of crypto paying affiliate programs.

Doing this also removes emotion from your investing. I didn’t buy any BitCoin at $3,000 – $5,000 in early 2019. But I did collect $20, $60, and $75 crypto deposits during this time.

Additionally, you can put some of this “house money” into high-yielding crypto savings accounts and certificates of deposit. I have an UpHold account and a BlockFi account which both generate passive crypto each month.

UpHold CredEarn (no affiliate) works like a certificate of deposit, where you lock-up your crypto for a certain period of time while receiving 10% annual interest. I have a few CDs with them (the smallest being some Brave Rewards income generating $0.01 per month), and they’ve paid out consistently.

Another high-interest account I use to invest in BitCoin (and you can use with either your own money or affiliate income) is BlockFi (referral link netting you $10 on your initial $100 deposit). This is pretty similar to CredEarn, except you don’t have to lock-up your money. You can withdraw it at any time you want, just like a normal savings account.

Using an affiliate program to collect BitCoin is a very easy, low-rick way to get into the crypto markets. And, since you aren’t risking any personal capital, you can always play around with passive investments like UpHold CredEarn or BlockFi.

3. Make A Product And Sell It For Crypto

A lot of people with courses or Gumroad products offer discounts when customers buy in crypto currency. Like affiliate marketing, this is a pretty low-risk way to invest in BitCoin. You can also do this with a physical product too. A lot of jewelry stores allow customers to buy with BitCoin online, and all the major Internet casinos have crypto deposit bonuses because they’re betting heavily on the future of digital currencies.

In his book, The Internet Of Money, Andreas Antonopoulos even suggested that making a product and selling it for crypto as being one of the best ways to invest in BitCoin.

Additionally, this is a good time to remember that most people who get rich off assets did so because their businesses is closely tied to that asset. Warren Buffett didn’t take out margin or day trade, he became a money manager and built his whole business around the stock market. Likewise, Jeff Bezos is rich off Amazon stocks because he built the company.

Sometimes highest rate of return comes from betting on yourself.

If you’re all-in on BitCoin, increasing your income is your best investment. Doing this allows you to drastically add to your holdings in ways you simply couldn’t otherwise.

There are many ways to do this.

You can try something as straightforward as working more and investing the excess funds. Or you can use affiliate programs to generate passive streams of crypto income. And lastly, you can build a product or business around digital assets, allowing you to greatly increase your holdings.

No matter which option you choose, there are plenty of low-risk ways for you to invest in BitCoin and hedge for its long-term success.