It’s been the biggest financial news for months.
It’s not the S&P 500 … or COVID-19 recovery plays. It’s not even tech stocks.
- Yes, even dogecoin.
All of these digital currencies languished in 2020 only to push to new highs at the turn of the new year.
Couple that with the recent Coinbase Global Inc. (Nasdaq: COIN) initial public offering and cryptocurrency is all retail investors can talk about.
Pro tip: I recently asked chief investment strategist Adam O’Dell about investing in Coinbase. Hear what he had to say about it here.
But buying cryptos is not easy, and the market is extremely volatile. After reaching $63,000 just a week ago, bitcoin fell 12% in seven days.
That leads into my stock selection for today’s episode of The Bull & The Bear podcast.
It’s like investing in the core of cryptos, without trying to find the right stock.
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