There are 5 crypto stocks you can buy right now from your bank app that will make you astronomical gains this bull season.

I have been accumulating one for two years now, and in the first year, I increased from 300,000 naira to 4.3 million naira. 

In this article, I will list these crypto stocks and also tell you where you can buy them.

Without further adieu, let’s get started.

But wait… What are Crypto Stocks?

Crypto stocks are shares of publicly traded companies whose business operations or revenue are closely tied to the cryptocurrency and blockchain sectors.

Investing in these stocks provides one an indirect exposure to the crypto market without directly buying or holding cryptocurrencies.

Types of Crypto Stocks

i. Cryptocurrency Mining Companies:

These companies mine cryptocurrencies like Bitcoin or Ethereum e.g. Riot Platforms (RIOT) and Marathon Digital Holdings (MARA).

ii. Cryptocurrency Exchanges and Wallet Providers

These are businesses that facilitate buying, selling, and storing cryptocurrencies e.g. Coinbase (COIN) and Bakkt Holdings.

iii. Blockchain Technology Companies

They are companies developing blockchain-based solutions for industries like finance, supply chain, and more e.g. IBM, Nvidia (which provides GPUs for mining and AI).

iv. Crypto Payment Processors

The companies here enable cryptocurrency payments e.g. PayPal (PYPL) and Block (formerly Square, SQ).

iv. Companies Holding Cryptocurrencies as Assets

This includes businesses that invest in or hold significant amounts of cryptocurrencies on their balance sheets e.g MicroStrategy (MSTR) and Tesla (TSLA).

Now that we know what crypto stocks are, let’s go on to list the top 3 crypto stocks to buy for higher gains.

5 Top Crypto Stocks

Crypto stocks can be a way to diversify a portfolio for those interested in the cryptocurrency industry but cautious about directly investing in digital currencies.

I will start with the least popular, which is MARA. 

i. MARA

Marathon Holdings is the Ultimate Bitcoin mining company.

They’re mining 24/7, building their reserves, and doing them all sustainably.

3 things suggest that MARA will do really well in this bull season. 

First, the chart aligns with the crypto pumps.

It had a little pump in 2017 and a bigger one in 2021, and the current price action shows that it is ready for even a bigger pump this bull season. 

Secondly, it not only holds 20,000 BTC worth approximately $2 billion, which is one of the biggest among publicly traded companies, but it recently secured $200 million in funding

And again, with Trump saying he wants Bitcoin made in the US, MARA is positioned to reap the most reward from it. 

Buying MARA through the bank is easy.

Open your Kuda Bank, click on invest, then find a stock. Search for MARA and follow the process.

You can buy all the other stock I will talk about in this post this way.

If you don’t want to use the bank, there are two more apps you can use, and I will get to that. 

Just keep reading!

Next on my list is Riot.

ii. RIOT

Just like MARA, Riot Platform is also a mining company.

In addition, they design and manufacture power equipment and support high-performance computing access across various sectors. 

The chart shows that Riot might even do better than MARA. 

It did 12X in 2017, and 18x in 2021. From where we are, 10X should be easy. 

If you don’t want to buy it with Kuda, you can use Bamboo.

Bamboo is an investment platform that provides individuals in Nigeria and other African countries with direct access to both U.S. and Nigerian stock markets.

Users can invest in or trade a wide range of stocks, including fractional shares, making it accessible to those who wish to start investing with modest amounts.

If you think the first stocks are hot, the next two are considered to be blue-chips crypto stocks!

On to the next one.

iii. MSTR

MicroStrategy is your pick if you’re looking for a stock that’s practically glued to Bitcoin’s price chart.

Look at the beautiful rally it has done in the past few weeks, I don’t even think it makes sense to buy this stock at this price.

I would rather wait for a retracement to 200 or DCA because MSTR will surely still go higher, 

Its CEO, Michael Saylor, continues to stack BTC like there’s no tomorrow.

As of now, MicroStrategy holds over 150,000 BTC, {~ $15 billion}. That’s more Bitcoin than most hedge funds.

Microstrategy also has a thriving software business, so you’re getting exposure to two sectors in one stock.

Next on my list is Coin.

iv. COIN

COIN has the most healthy-looking chart of the stocks I have mentioned so far.

I have been buying a little of this stock monthly for the past 2 years, turning 300,000 naira to over 4.3 million naira in the first year.

COIN is Coinbase’s stock, the king of crypto exchanges in the US.

Every time someone buys or sells crypto on their platform, Coinbase takes a cut.

With millions of users worldwide, they’re cashing in big time!

If I am to buy only 1 crypto stock for the bull season, I will still choose COIN.

And DCA remains the best way to get exposure to COIN. 

Before I forget, the other platform you can use to purchase all these stocks is Trove.

Let’s get to the fifth crypto stock on my list.

v. SQ

This company used to be called Square. You might know them for the Square POS and Cash App.

The chart strongly shows that it is still in the buying region but signals a breakout.

Square is now called Block but to buy the stock you have to search for SQ. 

Conclusion

Here, I will draw the curtains on today’s post. Hope it was worth your time.

Crypto Stocks is an ideal source of passive income and resorting to DCA while accumulating will make you some huge gains.

That said, let me hear from you:

Do you own crypto stocks?

Do you think it’s a worthy investment?

Which crypto stock will you be buying next?

Leave me your responses in the comment box below and also give this post a share.

Till my next post, hodl on… joy is coming!