Forget Dogecoin: 1 Canadian Stock to Buy in May 2021 : vimar

Forget Dogecoin: 1 Canadian Stock to Buy in May 2021


Forget Dogecoin: 1 Canadian Stock to Buy in May 2021
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The cryptocurrency industry ramped up in 2021. Investors sought out growth stocks in 2020, and were disappointed when a pull back came with 2021. However, cryptocurrency like Dogecoin seemed to be the solution, with investors like Elon Musk picking up cryptocurrency. However, while Dogecoin and its rally is luring momentum investors seeking quick riches, there are Canadian stocks out there that offer sustained growth.
Here are the Fool, we recommend the latter (obviously). Sure, there are going to be a lot of people that get rich on cryptocurrency. You know what else? Those people are already rich, so are likely a) losing money in other places and b) have a huge team of financial analysts primed to buy up Dogecoin at its best. Bubbles float throughout this market, and I fear the cryptocurrency one might soon burst.

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