How does the performance of QQQ ETF compare to cryptocurrency investments?
Gross BurtonNov 25, 2021 · 3 years ago1 answers
What is the difference in performance between the QQQ ETF and cryptocurrency investments? Which one has historically provided better returns?
1 answers
- Nov 25, 2021 · 3 years agoAs an expert at BYDFi, I can say that the QQQ ETF and cryptocurrency investments have different risk and return profiles. The QQQ ETF is a well-established investment option that has provided consistent returns over time. On the other hand, cryptocurrencies have the potential for higher returns but also come with higher volatility. It's important to diversify your investment portfolio and consider your risk tolerance when deciding between the two. If you're looking for a more stable and predictable investment, the QQQ ETF might be a better choice. However, if you're comfortable with the risks associated with cryptocurrencies and believe in their long-term potential, they can be a valuable addition to your portfolio.
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