Stocks and shares vs crypto! Bitcoin’s appeal in the market crash

first_img I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. See all posts by Kirsteen Mackay “This Stock Could Be Like Buying Amazon in 1997” Enter Your Email Address As the coronavirus spreads around the world, the economic outlook worsens and frantic stock selling has ensued, with some investors looking for safe-haven alternatives.Does this mean Bitcoin and other cryptocurrencies are becoming desirable commodities?5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…I think not. I’ve seen the Bitcoin rampers and scammers out in full force in recent days, enticing prospects with their claims that “Bitcoin doesn’t spread deadly viruses, it spreads freedom! It doesn’t need to be disinfected and quarantined; it’s anonymous; it’s secure, Bitcoin will never rely on a bailout; it’s a truly global currency for all”. Bad taste as well as misleading!Let’s be clear, Bitcoin mining is finite, it’s not environmentally-friendly, its transaction costs are prohibitively expensive and they’re not instant. It’s also ridiculously volatile.I don’t object to cryptocurrencies as part of a larger pool of diversified investments, but I don’t think Bitcoin is the answer during a stock market crash. If anything, now is the perfect time to pick up stock market bargains for long-term wealth generation.Recovery is inevitableYes, financial markets are in free-fall and the dents in shareholders’ portfolios make us nervous. But equities are based on real-life, tangible businesses. This means they’re worth something. Many of these companies have had their paper value pulled down a notch or two, but most of them can and will recover. We still don’t know enough about coronavirus to predict how long the downturn will last. This means I’d be reluctant to start buying stocks just yet, for fear of generating instant losses.Equally, I don’t think it’s a good idea to sell shares right now unless you’ve already made gains and feel confident to do so. And current ‘losses’ are only on paper until you actually sell. Most of these companies will ride out the storm, and their share prices will come back with a vengeance. Patience is a virtueFor long-term investors, patience, discipline and confidence are key to long-term security. The world’s most successful investors ride out market fluctuations and use the downtime to research companies and find those that can go the distance. I myself like companies with a strong track record and a decent dividend yield.But with very few companies operating from an exclusively domestic supply chain, I think the coronavirus will affect most FTSE 350 businesses to some extent. How quickly they recover and get back to business-as-usual will determine how swiftly their share prices rebound.Down but not outOne British stalwart I like is BT Group (LSE:BT-A), because although it has high debt and the increasing likelihood of a dividend cut, it’s got a lot going for it, I feel. That may surprise some of you. But BT’s current dividend yield is almost 11%, so even a cut will leave a desirable return. Its price-to-earnings ratio is 6 and earnings per share are 22p. Kirsteen Mackay | Monday, 2nd March, 2020 | More on: BT-A The FTSE 250 firm is also highly involved in cybersecurity solutions and in our progressively vulnerable world, this is a good business to be in.A recent BT announcement that grabbed my attention was its decision to allow customers to pay for its prime TV offerings on a monthly basis, rather than a contracted package. I imagine this will be popular with Premier League football fans.All-in-all there’s a lot to like about BT and I think its share price will recover. Image source: Getty Images. Kirsteen has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Stocks and shares vs crypto! Bitcoin’s appeal in the market crash Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Simply click below to discover how you can take advantage of this. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. 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