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7 Blockchain Stocks to Buy to Go Beyond Crypto

Although cryptocurrencies have revolutionized the investment markets, they’re also incredibly risky. I would know. Recently, I explained that I had to exit out of the Bitcoin (CCC:BTC-USD) sector because it was too much. However, for those who are considering virtual currencies, you may be better served with blockchain stocks. First off, I simply don’t know where cryptocurrencies as a speculative vehicle will end up. That’s one of the reasons why I exited before the $50,000 target that I had previously called. Don’t get me wrong — I still believe in the continued rise of Bitcoin, and, therefore, I maintain a modest position. But I also had to get something out of this ride. Otherwise, it’d be for naught. Second, blockchain stocks represent investments in the underlying technology of Bitcoin and other virtual tokens. While I’m not 100% certain what the future of cryptos hold, I’m much more confident in the belief that the decentralized distributed public ledger system will carry on. Not only that, the blockchain will spark additional innovations in the world of fintech.InvestorPlace – Stock Market News, Stock Advice & Trading Tips This segues into my third point: The innovation underlining blockchain stocks represents true financial connectivity and integration. For instance, bank wire transfers are slow and expensive. Moreover,