The safest way to invest in Bitcoin is to simply buy it outright.
Thats right – just buy Bitcoin.
The 2nd way, and the one that will protect your money from unscrupulous companies wanting to steal your cash is to buy a mining rig and mine that bitcoin yourself.
It can be profitable, but before you do, consider
- The heat – these mining rigs generate a LOT of heat (ie turn off the central heating in winter and let this baby keep you warm – thats how hot they get !)
- The noise – they’re not quiet due to all the fans (to keep the heat low)
- The electricity cost – they chew through electricity fast due to all the power they consume !
Having said all that – owning a mining rig is pretty cool if you have somewhere to put it and you have cheap power.