Jeff Yass of hedge fund Susquehanna International Group owns two interesting crypto stocks.
Cryptocurrency is an emerging asset class that’s been rising in popularity during the past several years. I see a couple of valid reasons to consider investing in crypto.
First, I think some investors are intrigued by the idea of digital currencies replacing fiat money in the future — hence, buying crypto becomes an appealing decision. Second, I think crypto represents an alternative investment akin to art or collectibles. Allocating a small percentage of your portfolio to assets besides stocks, bonds, and cash can make sense for the right investor.
But choosing which cryptocurrency to buy can be like throwing a dart at a wall. While Bitcoin and Ethereum are two of the most mainstream options, could Dogecoin or Shiba Inu actually create some…