3 Stocks to Buy If You've Got the Bitcoin Blues
It's been a rough month or so for Bitcoin (CRYPTO: BTC). After skyrocketing to an all-time high in mid-April, the popular cryptocurrency is now down by close to 40%.
The decline was even worse until Tesla CEO Elon Musk tweeted on Monday that he had spoken with U.S.-based Bitcoin miners who committed to publishing their current and planned renewable energy usage. Musk is viewed as having helped trigger the cryptocurrency's plunge in May after he tweeted that Tesla was suspending all purchases of its vehicles using Bitcoin because of the high energy requirements for its mining and transactions -- electricity that is largely generated by the burning of fossil fuels.
These gyrations have undoubtedly frustrated many fans of the cryptocurrency. What should they do? One option is to invest elsewhere. Here are three stocks to buy if you've got the Bitcoin blues.
Source Fool.com
