Instead of Buying Dogecoin, Invest in These 3 Companies That Are Bullish on Blockchain Technology
Investing in Dogecoin (CRYPTO: DOGE) has undoubtedly made many people rich this year, but it's been far from a safe buy. If you invested at the peak, when it was worth around $0.74, you would have lost more than half your money since then. Rather than investing in risky cryptocurrencies like Dogecoin, investors should instead consider buying shares of companies that are bullish on the blockchain technology (which digital currencies use). Blockchain can impact virtually every industry, changing how businesses operate, by decentralizing information and making the transfer of data more secure and efficient.
Three growth stocks that have shown interest in blockchain are Quest Diagnostics (NYSE: DGX), Square (NYSE: SQ), and Tesla (NASDAQ: TSLA). Here's why they could be good buys.
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Source Fool.com
