Forget Bitcoin! I’d buy FTSE 100 stocks in this market crash

The FTSE 100’s decline since the start of the year could cause some investors to focus their capital on other assets, such as Bitcoin. The virtual currency has outperformed the FTSE 100 index over recent months. This trend could also continue over the short run.

However, on a risk/reward basis, the FTSE 100 could offer a superior long-term outlook than the virtual currency. As such, now could be the right time to capitalise on low valuations across the index and build a strong portfolio that delivers high returns in the coming years.

Bitcoin’s prospects

Improving investor sentiment could lead to a continued increase in the price of Bitcoin in the short run. However, holders of the virtual currency face a number of risks that could lead to disappointment further down the line.

For example, the current price of Bitcoin is based on investor sentiment. There’s no data available to suggest what the cryptocurrency is worth. Therefore, investors may be buying it at an attractive price,…