4 Ways to Make the Most Out of Your Crypto Assets

Have you invested in cryptocurrencies such as Bitcoin and Ethereum? While the market has been volatile lately, it shouldn't keep you from enjoying the advantages of holding a cryptocurrency portfolio. 

Much has been said about the unpredictable and unregulated nature of decentralized money, but it's still gaining popularity among consumers and business owners. In recent years, cryptocurrency transactions have been increasing significantly, with Stellar generating 83.26 transactions per second. 

Despite the fact that many of these digital assets have decreased in value for the most part of the year, cryptocurrencies are expected to gradually change traditional financing forever. It's only a matter of introducing regulations that will tame the cryptocurrency sector and bring it to the mainstream.

For now, you are probably wondering about what you can do with your digital wallet. There are numerous possibilities, but if you want to maximize your crypto assets, here are a few things you might want to check out:

1. Buy other crypto assets

In today's volatile financial situation, you need to keep your cryptocurrency portfolio growing as a way to hedge disruption risks. Relying on single crypto isn't a smart move, so consider spreading the risk around by growing your portfolio across other cryptocurrencies. This lets you tap into a variety of valuations and growth potentials. 

However, this won't be easy as you need to make sure each asset is allocated properly. Without a solid diversification strategy in mind, you could expose yourself to more risk than you should. Before you make any decision, try to understand current market conditions and determine whether you need to rebalance your portfolio or purchase major cryptocurrencies that you don't hold. Doing so will secure your profitability and expand into other crypto ecosystems. 

2. Invest in startups

The growing popularity of cryptocurrencies has provided startup founders with a new way of raising capital. Investors can fund early-stage startups through initial coin offerings and receive shares in the form of tokens. This has made it easier for small companies to access funding faster than other methods of raising capital like applying for an innovation grant or reaching out to venture capitalists. 

You can use your crypto wallet to buy a digital token representing your share of a potentially successful tech startup in sectors such as robotics, AI, and cybersecurity. You don't have to start your own VC firm to finance companies with great ideas in store, although you still need to look ahead and check if the project or concept is worth diving into. 

3. Purchase real estate in the digital space

Blockchain technology not only introduced cryptocurrencies but also provided the infrastructure to create vast digital spaces known as metaverses. Platforms such as The Sandbox and Decentraland are some of the best examples. These metaverses function as virtual worlds where users can interact with each other using avatars, join virtual events, and shop for goods. 

As more companies are establishing their presence in these digital spaces, there has been a growing demand for virtual "real estate" where they can set up shop. Much like in the real world, virtual real estate also attracts investors who need to cash in on the race to find the best digital spots. 

If this is an opportunity you wouldn't want to miss out on, you can use your digital wallet to buy virtual real estate across multiple platforms. Once you have bought the digital property with your coin, you are awarded a non-fungible token. From there, you can make the property available for rent or hold on and sell it at the right time. 

4. Make private transactions

Apart from being a vehicle for gaining wealth, you can use your cryptocurrency assets to make private purchases. Although you can't buy goods and services directly using digital coins, you can look for brands that accept cryptocurrencies in exchange for luxury items, from jewelry to mansions. 

In addition to high-end goods, you can also use your digital wallet to buy food. In fact, Florida programmer Laszlo Hanyecz made the first BitCoin transaction by ordering two pizzas for a sum of 10,000 Bitcoins which is now worth roughly $200 million in today's market! Right now, there are numerous food and beverage brands across the world that accept cryptocurrency. These include Starbucks and Chipotle. 

There's a lot more you can buy using digital coins like the best counterfeit ID, concert tickets, and even gift cards. With the amount of crypto you have, you might as well spoil yourself before the market faces another disruption.

Cryptocurrencies are slowly becoming an inherent part of our lives. The possibilities are limitless so long as the market remains unregulated. Who knows what's in store for coin holders like yourself? Until then, you might as well be strategic with the way you manage your portfolio and use what you have gained