5 Cryptocurrencies to Avoid Like the Plague in June
Over the very long-term, no asset class has been able to hold a candle to the stock market. Even though the stock market has down years, the average annual return of equities leaves bonds, gold, and housing in the dust.
But over a much shorter time frame, cryptocurrencies are the shining star. Since hitting its March 2020 pandemic low, the aggregate value of all digital currencies has increased by nearly $1.1 trillion, or 777%. That laps the performance of the benchmark S&P 500 since March 2020 many times over.
However, not all cryptocurrencies have proved to be winners, or have the competitive edge that'll allow them to excel over long periods. What follows are five cryptocurrencies investors would be wise to avoid like the plague in June.
Source Fool.com
