Crypto has enjoyed another tremendous year.
Not only did the price of headline coins like Bitcoin fly to all-time highs alongside major global events, but stats point to adoption and use being on the rise. Better still, the scene’s getting more and more competitive, with new cryptocurrencies rising to the fore to offer new ways to get involved beyond the now-very-pricey Bitcoin and Ethereum.
Looking at the list from this site, you can clearly see that Solana, Shiba Inu, Pepe, and even Dogecoin carved out a big chunk of 2024 to be named among the coins beating Bitcoin. With the season of gifts and presents swiftly approaching, many who have loved ones who are involved or intrigued by the crypto scene will be looking to tap into this as inspiration. Here are some great ways to do so this year and next.
Can’t Go Wrong With a Great Cold Wallet
Cold wallets take the form of hardware that can be taken offline. Provided that the owner isn’t forgetful and keeps their cold wallet in a safe place, they’ll prove to be the most secure way of storing coins. A bit of common advice is that people only log into their hot wallets if they intend to use their crypto there and then, and should leave them locked at all other times. With cold wallets, using crypto is a more natural process.
As many more places are offering ways to use crypto beyond investing, cold wallets are becoming a more natural choice. You only have to check out these guys to see the potential of spending crypto now, with so many of the leading real money online casinos accepting crypto as a form of payment and payout. Plug in the cold wallet, make a deposit, remove the wallet, and then plug it back withdraw any winnings.
They’re simple, intuitive, and a way of actually having a physical representation of crypto. Otherwise, it’s all just numbers on a screen. The Ledger series of cold wallets has been a hot favorite for a long time, with good options across several price ranges. SafePal also offers an intuitive collection of hardware that can link to the SafePal hot wallet. The Cryptosteel Capsule Solo is also worth considering as it backs up your Recovery Phase for extra security.
Getting, Gifting, and Tracking Crypto
For anyone who already has their wallet of preference, guards for their Recovery Phase, and are looking to carve out a bigger stake of crypto, you could opt to just gift them more coins. Do some research, find burgeoning coins tipped to see growth or that have fun selling points, exchange for them, and then follow the guide made by this site to gift them. Along with this, an LED Crypto Ticker showing crypto prices would make for a useful gift.
Alternatively, to really ramp up one’s stake, you’ve got to turn to crypto mining. Crypto mining has become a popular pastime for many, predominantly because it gives them the chance to earn crypto without buying any directly. There are now plenty of specialized commercially available crypto mining rigs out there which help to make the process much easier. The alternative for others is to convert existing hardware, like laptops and even PlayStations.
Get your crypto enthusiast something they’ll truly enjoy in the form of a top cold wallet, a crypto ticker, a crypto mining rig, or just more coins!
