Dividend Investing in an Altcoin Era: Complementary or Redundant?
From Investing.com: 2024-12-12 11:57:00
Younger investors are caught between the allure of cryptocurrencies and the reliability of dividend investing. Dividend investing offers consistency and lower risk due to companies’ earnings and track record. However, dividend contribution to stock returns is declining in favor of growth stocks. On the other hand, the crypto market is booming with a $3.77 trillion market cap, led by memecoins and Bitcoin. Memecoins outperformed Bitcoin by 2089% vs 136% year-to-date, but their value is based on social media buzz. Investors are now turning back to older altcoins for long-term exposure amidst token inflation and uncertainty in the memecoin market.
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