Is it worth holding onto crypto stocks or crypto-ETFs?
Asked 5 years ago
What are your takes on crypto stocks/etfs? Are they worth the hold? does the market go with the crypto or is it on its own?
Andrew Moran
Thursday, June 24, 2021
Cryptocurrency stocks are beneficial investments because the company might have plenty of growth potential or it can go beyond just speculating on digital currency.
Many of these firms do more than just buy and sell bitcoin. They specialize in blockchain technology, they develop smart contracts, or they produce digital infrastructure. Whoever comes up with a way to access forgotten wallets, will make a fortune.
HIVE Blockchain Technologies, MicroStrategy, and the Bitwise Crypto Industry Innovators ETF are likely the best investments to make right now
Coinbase is another if it goes below $200.
Overall, crypto stocks and exchange-traded funds (ETFs) are worth holdings long-term. That is if you believe in the long-term prospects of bitcoin and its counterparts.
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