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3 Dividend Stocks to Stabilize Your Portfolio Amid the Crypto Crash


It wasn't so long ago that discussions about investments in cryptocurrency were dismissed as ludicrous. People deemed Bitcoin a fad, Ethereum a novelty, and Dogecoin a joke. Nowadays, however, it seems the tide has turned, and institutional investors are taking Bitcoin and Ethereum a lot more seriously. Dogecoin -- well, the verdict's still out.

But investing in these cryptocurrencies isn't for the faint of heart. While they've seen extraordinary gains over the past year, they've also experienced precipitous declines. Amid this volatility, investors who keep crypto among their holdings shouldn't panic. Instead, they should consider fortifying their portfolios with reliable dividend stocks such as Brookfield Renewable (NYSE: BEP) (NYSE: BEPC), Emerson Electric (NYSE: EMR), and Illinois Tool Works (NYSE: ITW).

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Source Fool.com

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