3 Cryptocurrencies to Avoid Like the Plague in April
For well over a century, the stock market has stood on a pedestal above other asset classes. Even though the stock market won't outperform bonds, commodities, or housing every year, the average annual return of stocks over the long run handily outpaces that of bonds, commodities, and housing.
But things are drastically different in the short run. Over the past two years, cryptocurrencies have run circles around the stock market. Whereas the benchmark S&P 500 slightly more than doubled from its March 2020 pandemic low, the aggregate value of digital currencies has skyrocketed by a factor of 15!
But just because the cryptocurrency market value is soaring, it doesn't mean all digital currencies are investment-worthy. The following trio is a perfect example of cryptocurrencies that should be avoided like the plague in April.
Source Fool.com
