- May 13, 2021
- Mark Putrino, CMT
There are many ways for shrewd investors to profit in cryptocurrency markets. Of course, the most obvious is to buy a currency at a low price and then sell it at a high price. But there are other ways to profit as well, including these crypto related penny stocks.
Bitcoin (CCC:BTC-USD) has become synonymous with blockchain and cryptocurrency. This should come as no surprise. It was the first crypto and it is still the largest by far. All other cryptocurrencies are based blockchain’s structure and design. They can all be viewed as Bitcoin with an added feature or features.
There are many publicly traded companies that are involved in the crypto markets. If traditional investors don’t want to invest directly in cryptocurrencies, they can consider investing in some of these stocks. These are risky companies and many have already disappeared. But there will be a few that survive. Some will even go on to prosper.
These seven companies are all involved with cryptos and blockchains. They are all publicly trading as penny stocks. Investors who like this risky part of the stock market and want to gain exposure to the cryptocurrency markets should have them on their radar screens.
BIGG Digital Assets (OTCMKTS:BIGG)
Hive Blockchain Technologies (OTCMKTS:HVBTF)
Neptune Digital (OTCMKTS:NPPTF)
First Bitcoin Capital (OTCMKTS:BITCF)
Blockchain Industries (OTCMKTS:BCII)
ZW Data Action (NASDAQ:CNET)
MGT Capital (OTCMKTS:MGTI)
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