After the market sell-off in early August, even experienced crypto investors are having second thoughts about the crypto market. And that's perfectly understandable.

Many of the top cryptocurrencies (as ranked by market cap) are still in the red over the past 30 days, and few show signs of recovering anytime soon.

But there's one you should think about buying in August, and that's Bitcoin (CRYPTO: BTC). After briefly dipping below $50,000 this month, it has since stabilized around $60,000 and could be on the brink of a major breakout this fall. There's reason to be skeptical, of course, but here's why I would invest $1,000 in Bitcoin this month.

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Source Fool.com