Blockchain Stock – The Safest Way to Invest in Blockchain Technology

15 Price Action Patterns Insiders are Using If a hedge fund managers were using 15 specific price action patterns would you want to know?
Blockchain Stock Guide
Blockchain stock

Buying a blockchain stock is the easiest way to start when thinking about how to invest in blockchain technology. Cryptocurrencies are still enjoying immense popularity and blockchain technology stocks are beginning to receive the same kind of love. We’ve put together the best step-by-step investor’s guide to blockchain stocks in 2019. We hope you enjoy this great source on how to invest in blockchain stocks.

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Blockchain technology is something completely different than cryptocurrencies. Cryptocurrencies were a sentiment play, especially back in 2017. Many traders bought into the hype, despite the uncertainty.

The cryptocurrency market is very speculative in nature. Today, people are still scared about what’s going on with cryptos. These digital currencies have no intrinsic value, but the blockchain technology stocks have a base business.

Another possible investment opportunity is Initial Coin Offerings (ICOs) or Security Token Offerings (STOs).

Let’s start this comprehensive guide to investing in blockchain technology stocks by defining what is blockchain stock and how to buy blockchain stocks.

After this, we’re going to reveal who is the technology giant that is now looking to invest in the blockchain technology.

What is Blockchain Stock?

Blockchain Stock
What is blockchain stock

What is blockchain? At its core, the blockchain technology is defined as a peer-to-peer application that allows immutable transactions. All those transactions are bundled up into blocks. Each of those blocks is time-stamped and appended to the previous one. So you get this never-ending chain of blocks.

Essentially, a blockchain is a distributed and decentralized database used to record all the transactions that happen in this network. It’s often referred by the professionals as a form of a public ledger.

Now, what is a blockchain stock?

A blockchain stock is a share in a company that is using the blockchain technology to build applications.

However, we have to keep in mind that there are few pure-play blockchain technology stocks listed on the major US stock exchanges. But, as more industries are adopting the blockchain technology, more established companies are starting to develop blockchain-based applications.

In other words, companies that are developing on the blockchain technology can be considered a blockchain-related stock.

Read on for a look at the basics of where to buy blockchain technology stocks.

See below:

Where to Buy Blockchain Technology Stocks

Blockchain Technology Stocks
Blockchain stock 5

It’s always crucial for investors doing their own due diligence before investing in blockchain companies stock. It’s also important to note that most pure-play blockchain stocks are traded on the OTC market. Now, where to buy blockchain stocks?

You can buy blockchain companies stock through online stock brokerage trading firms like:

  • TD Ameritrade
  • Scottrade
  • eTrade
  • And any other stock trading broker you have an account

For many people, these are the most common to start looking to buy blockchain stocks. Alternatively, if you like the convenience of trading directly from your iPhone you can use the commission-free stock trading app, Robinhood.

The US-based stock and crypto trading App RobinHood allows for trading Bitcoin and crypto-related stocks without paying any fees.

Ready to learn how Robinhood works? Read our RobinHood App Trading Guide. Click here to begin!

If you’re trying to figure out how to buy blockchain stocks, here are the ins and outs:

How to Buy Blockchain Stock

Blockchain Penny Stocks
Blockchain stock 6

Before you think of what blockchain stock to buy in 2019 here are three facts to take into consideration:

  • Only buy top blockchain stocks that are developing genuine blockchain technology.
  • No investment is risk-free, so better invest your money in well-established companies that won’t vanish overnight.
  • Research, research, and research. The more you educate yourself, the higher the chance you’ll come with a winning list of blockchain stocks to buy.

Tech giants like IBM, MasterCard, Facebook, Google, NVIDIA, Hitachi or Bank of America are some of the blockchain stocks to buy and start building a portfolio. These top blockchain stocks offer a wealth of opportunities for crypto investors.

Now the process of buying blockchain stocks is the same as the process of buying any other stock.

Do yourself a favor and start by learning how to day trade online stocks with our day trading for dummies guide.

Just make sure you’re buying a blockchain stock that has a solid business to fall back in case the blockchain technology doesn’t live up to his hype.

Now, let’s see at what to look for in blockchain penny stocks and 3 blockchain penny stocks to keep an eye on.

See below:

How to Trade Blockchain Penny Stocks

Since the blockchain technology is still a relatively virgin territory, don’t expect to find too many pure-play blockchain stocks just yet. We consider a pure-play blockchain stock any company that focuses solely on the blockchain technology.

In general, penny stocks are very volatile and speculative in nature. And, that’s even more true for companies that develop technologies that are still not widely adopted. The blockchain penny stocks present an interesting investment opportunity if you want to invest in companies that are focusing only on the blockchain technology.

Many blockchain stocks are startups or privately held companies, but there are a few stars developing blockchain projects that you can invest in.

Here are our top blockchain stocks to invest in:

Blockchain Penny Stocks #1 Hive Blockchain

Blockchain Stock
Blockchain stock 1

Hive Blockchain Technologies is probably one of the best pure-play top blockchain stocks to buy 2019. This is a Canadian-based company that seeks to close the gap between the blockchain technology and the financial markets.

Hive also has a strategic partnership with Genesis Mining, which is the world’s largest cryptocurrency mining company. Basically, Hive owns multiple mining farms that are used to validate cryptocurrency transactions.

Since it’s a public company, Hive also looks to generate a profit for its shareholders so buying it now at 0.48 Canadian dollars is a steal.

Blockchain Penny Stocks #2 Kodak

Blockchain Technology Stocks
Blockchain stock 2

Kodak’s pivot to blockchain technology has revived investors’ interest in a company that revolutionized the photo industry. Even though the KodakCoin ICO was delayed due to increased regulatory pressures, Kodak has now revealed that it wants to use the blockchain technology to help companies and governments around the world to keep sensitive documents safe and secure.

When KodakCoin was first announced, the stock price jumped from $3.10 to $13.28 in a single day. Now, imagine if these new developments come fruitful, how much more the stock price is going to skyrocket.

As of July 23, 2019, Kodack shares are trading at $2.40.

Blockchain Penny Stocks #3 RIOT Blockchain

Blockchain Penny Stocks
Blockchain stock 3

If you want to take advantage of the recent bitcoin bullish run and buy it for pennies you can consider investing in RIOT Blockchain. If Bitcoin price makes a nice comeback and breaks to new highs, you will be able to take advantage of the same hype by learning how to invest in blockchain stocks.

RIOT Blockchain is a former biotech company that shifted its focus on the blockchain technology and saw its shares skyrocketing to more than $45 per share during the 2018 crypto craze.

These beaten-down blockchain penny stocks have great potential to skyrocket during the next bullish run in the crypto space.

Blockchain technology has the potential to disrupt the way we conduct trading. We’re going to offer you some reasons why the blockchain technology can be the driving force of tomorrow’s stock market.

Let’s dive into why you should invest in blockchain stocks:

Why Invest in Blockchain Stocks?

Making money trading blockchain stocks takes time and a lot of effort. But even with all the inherent risk associated with any type of investments, investing in blockchain stocks offers some advantages. Let’s take a look at some of the advantages of blockchain technology.

We identified 4 reasons why you need to invest in blockchain stocks:

  1. The distributed ledger technology can offer a platform where stocks, bonds, currencies, and commodities will be tokenized. This means that in the future the financial instruments will be issued via the disruptive blockchain technology.
  2. Blockchain can also speed up the settlement process which is currently still done through paper certificates. Through blockchain automatization, this process can be optimized ensuring fast transaction settlements. The Australian Stock Exchange has already taken a step in that direction with the intent to rely on a blockchain-based system by early 2021.
  3. Blockchain has the potential to address problems such as data security and privacy issues. Increased transaction securities can lead to a more efficient trading environment.
  4. Last but not least, blockchain technology can tackle the issue of inside trading. Fixing the problem of insider trading is a huge deal. Curbing these market abusers can provide a fair playing field for retail investors.

Using blockchain for real-time trading will increase transparency, reduce commissions, create faster transactions, and curb some of the most dishonest stock market practices. This is creating a bright future for the blockchain stocks that can disrupt global stock trading.

Also, read the Top 4 Best Cryptocurrencies to Invest in for 2019.

Final Words – Blockchain Stock

Investing in a blockchain stock is the best place to start when thinking of how to invest in blockchain. When it comes to the blockchain technology, stocks are a way to invest in blockchain without buying bitcoin or other cryptocurrencies. Identifying blockchain technology stocks with the highest potential is key to a profitable blockchain portfolio.

Bitcoin and cryptocurrency-related stocks follow the exact same price patterns that we teach here at Trading Strategy Guides. We’re not here to make false predictions or make random guesses. While we can’t predict the future, we focus on predictable patterns when it comes to trading blockchain penny stocks.

You may also enjoy reading The Best Bitcoin Trading Strategy – 5 Simple Steps.

Even if you don’t join in on the mania, just remember it’s always wise to play it safe rather than regret it later. You can still profit by researching the top blockchain stocks and by using stock patterns that you know.

Thank you for reading!

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Block Chain Stocks List
Blockchain stock list 2019

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15 Price Action Patterns Insiders are Using If a hedge fund managers were using 15 specific price action patterns would you want to know?

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