[Crystal]

Please don’t laugh at me! But can I get in the Bitcoin market with my conservative amount of $50? Vanguard is my choice of platform & I am obv a rookie!

If not, what are my best alternatives for small-scale Bitcoin investments?

[Lisa]

If you want to buy actual Bitcoin, try Coinbase and self custody it.
If you don’t care about owning Bitcoin itself and just want exposure to the potential gains of this asset, buy an ETF.

Most popular Bitcoin ETF is IBIT, as mentioned earlier.

Unfortunately, you won’t be able to buy IBIT or any other Bitcoin ETF through Vanguard because the company does not support the asset class at this time.

[Ryan]

Yes, any amount you want to is the perfect amount.
I’d be surprised if Vanguard supports BTC directly.

You can buy direct on places like Robinhood, Paypal, Coinbase and Kraken and save the ETF fees.

[Nayr]

technically yes but not significantly. if you have that $50 to spare anyway then… why not?

[Michael]

Not sure about Vanguard—I’m seeing comments suggesting that Bitcoin ETFs are not supported. I can’t verify this as this is not a platform I use.

If you can’t get a Bitcoin ETF, can’t (or won’t) get it through Coinbase or another exchange, but still want some indirect exposure, you could always buy a stock or ETF consisting of companies who are Bitcoin-centered.

Microstrategy ($MSTR) is probably the best-known for its exposure to the asset class.

[Bill]

Yes, you can buy IBIT the bitcoin ETF. I can in Schwab so you probably can in Vanguard.

[Harman]

You’re not a rookie it has been best performing asset 13 out of past 16 years. There is a reason behind it nobody can print anymore like fiat dollar.

I would read Bitcoin standard before my purchase though.

[Andrew]

Fidelity has a crypto account you can open. But it’s only for Bitcoin Ethereum and Litecoin.

Honestly coinbase is the most practical for owning cryptocurrency plus you can invest in other currencies that they allow

[Yujin]

You can look at a Bitcoin ETF as well, something like IBIT if you don’t want to open a Crypto account.

[Sage]

I’ve been in crypto for 10+ years and never bought bitcoin because it was too expensive. You can throw 50 dollars at it, and if it shoots up to a million then your 50 will be worth 500.

Personally, if you’re investing such a small amount I would look into established altcoins that have much higher potential returns.

Think XRP or ADA

[Author]

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