Menu
You have to log in or sign up before you can proceed.
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

3 Cryptocurrencies to Avoid Like the Plague in November


Since the dawn of the 20th century, there arguably hasn't been a more tried and true method to build wealth than putting your money to work in the stock market. Stocks won't outpace housing, gold, or bonds every year, but over the long run, no asset class has come close to matching the average annual gains of equities.

The short-term is a different story.

Since the trough of the coronavirus pandemic in March 2020, the market value of cryptocurrencies has soared. Whereas the benchmark S&P 500 has gained a little over 100% since March 2020, the aggregate value of all digital currencies has grown from $141 billion to nearly $2.9 trillion. That's a greater than 20-fold increase in about 20 months.

Continue reading


Source Fool.com

Like: 0
Share

Comments