By Robert Ross via Iris.xyz.
I’m a safe income guy always on the hunt for the safest and most stable dividend-paying stocks.
And I can tell you one thing. There’s always a way to “play it safe,” even with something as volatile as Bitcoin.
Here I’ll share the best way to ride Bitcoin’s current bull market without taking on a lot of risk.
Bitcoin Is Far Too Risky for Most Investors
Bitcoin is a polarizing topic. Some economists think Bitcoin’s value should be $0. Others think it’s as revolutionary as the internet.
But one thing is certain: The price of Bitcoin is incredibly volatile. This makes it a non-starter for most income investors.
Fortunately, I’ve zeroed in on a company that actually benefits from Bitcoin’s volatility. It’s a safe and stable way to profit from Bitcoin without exposing yourself to a lot of risk.
But first, let’s take a closer look at Bitcoin’s wild price swings…
Bitcoin once shot up 1,882% in a little under a year.
It went from $998 in January 2017 to $19,783 in December 2017. That’s incredible. But it didn’t last.
One year later, Bitcoin had dropped around 83% to $4,935. You can see this in the next chart.
Read the full article at Iris.xyz.