Crypto Stocks to Consider As A Potential Investor
Now more and more people are considering to invest in crypto stocks and now, this article is going to tell you about the 7 high performing crypto stocks that you should consider.
PayPal: PYPL
PayPal is one of the most popular
entrants into the world of Crypto. This
high-profile company has always been a great core holding for the investors.
PayPal could be a great holding for the investors who want to get the exposure
of to tech without sacrificing the fundamental.
As a peer to peer money sending platform, PayPal also allows users to
purchase things from eBay and other websites. For a long time, it has had
steady growth and a great valuation.
Now it will introduce crypto exposure to its customers by allowing the
purchase of different types of cryptocurrencies like Bitcoin, Etherium,
Litecoin, Bitcoin cash, etc.
In short, PayPal will now allow its customers to buy, sell and hold
these cryptocurrencies. It will also allow the users to purchase goods and
services from merchants using cryptocurrencies.
Square (SQ):
Square has already solidified its position in the world of crypto stocks. This company has had an
extensive growth to push its stocks’ price over the years.
Now you might be wondering to know the reason behind sudden growth of
this cash app, right? Well, it’s the bitcoin which can be purchased and sold on
this cash app.
Square has a lot of similarities with PayPal’s Venmo app. Now, two are
turning to Cryptocurrencies to drive the next leg of growth.
MicroStrategy (MSTR)
MicroStrategy’s growth has been more on volatile side recently, however
this fluctuation have come after a monster upsurge.
So what does this company have to do with Bitcoin? Unlike allowing users
to buy and sell Bitcoins like PayPal, this company focuses on buying bitcoins
for itself.
Riot Blockchain:
The list of popular Crypto stock investing companies remains incomplete
without Riot Blockchain.
This stock has been on rage while, it’s total market cap of $440 million
is considered small in many instances but, the truth is that it’s much higher
than what it stood earlier in the year.
With a lowest price of 57 cents per stock then and a current price of $9
these days, bulls who bought this stock have made a huge fortune.
Unlocking the Blockchain Potential
Facebook:
The king of social media has its hands spread around the world. Facebook
has seen its value skyrocketing over the years and this is what has made
Facebook an idea stock for investors who are looking for steady growth.
It’s income statement has been pretty impressive due to its high margin,
while its balance sheet is enviable. Now management is focusing on its next
growth chapter called Libra which is now known as Diem.
Although Facebook has garnered some controversies over this plan and it’s still looking into space that shows its potential for cryptocurrencies.
Now, you might be realizing that investing in cryptocurrency stocks
could be an excellent way to have a satisfactory return.
Note : Disclaimer by Blog - Invest at own risk,this article are meant for general reading and not as Investment tips-it does not hold any responsibility of reader's own interpretation of the content mentioned . )
Cryptocurrencies, like Bitcoin and Ethereum, have become the talk of the town because they’ve accumulated hundreds of millions of dollars in value in just a few short years. Underneath these popular cryptocurrencies lies the blockchain technology, which combines cryptography with decentralized record keeping to create the first concept of digital property, that allows people to create unique, specific assets online. Creating a digital asset that is backed by blockchain technology is unique in that it can’t be copied or moved, which will change how the Internet will operate.
More and more people are looking to invest in Bitcoin and other cryptocurrencies, in hopes of making it rich.
While the buzz and hype surrounding cryptocurrency doesn’t seem like it is going to die down anytime soon, the underlying foundation of Bitcoin, is starting to take center stage..
It is clear that blockchain technology is making strides in different industries outside of cryptocurrency. While most people are ready for decentralized ledgers, the progress of blockchain technology means it probably won’t be too far off from becoming mainstream.
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Note : Disclaimer by Blog - Invest at own risk,this article are meant for general reading and not as Investment tips-it does not hold any responsibility of reader's own interpretation of the content mentioned . )
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