RATE Group | Forget Bitcoin! I’d rather buy FTSE 250 dividend stocks to get rich and retire early
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Forget Bitcoin! I’d rather buy FTSE 250 dividend stocks to get rich and retire early

17 Aug Forget Bitcoin! I’d rather buy FTSE 250 dividend stocks to get rich and retire early

Posted at 09:11h in Bitcoin News by

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Bitcoin has enjoyed a resurgence in 2019. After a highly challenging 2018, which at times saw it lose over 80% of its value versus its 2017 high, it has benefitted from relatively strong investor sentiment in 2019.

As a result, many investors may now be considering whether the virtual currency could provide them with continued high returns in the long run.

While improving returns cannot be ruled out, Bitcoin is still a high-risk investment that lacks fundamentals. So at a time when the FTSE 250 appears to offer growth and income potential, it could be a better place to invest than the cryptocurrency.

High-risk investment

While Bitcoin has the potential to move higher, its risks appear to be big. Unlike other assets such as shares, bonds and property, the virtual currency lacks fundamentals. This makes it impossible for investors to determine whether or not it is fairly priced at the present time. This means that it carries a considerable amount of risk.

Looking ahead, the potential for…

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