3 Ultra-Popular Cryptocurrencies to Avoid Like the Plague

For well over 100 years, the stock market has stood on a pedestal above all other investment vehicles. Although it won't outperform bonds, housing, or other commodities every year, none of these other investment channels comes close to matching the ultra-long-term annualized performance of the stock market.

But that's not stopping cryptocurrencies from giving the market a run for its money. For example, Bitcoin and Ethereum (CRYPTO: ETH), the two largest digital currencies by market value, have galloped higher by 8,640% and 28,970%, respectively, over the trailing five-year period. Meanwhile, the benchmark S&P 500 has "edged" higher by a more modest 104% over the same time frame.

Image source: Getty Images.

Continue reading


Source Fool.com