Forget Dogecoin: Buy This Tech Stock Instead

Trevor Jennewine2021-04-07

Dogecoin (CRYPTO:DOGE) has been on fire lately. The price of a single token has skyrocketed by more than 3,000% in the last year, and it's up by 25,000% over the last five years. Most assets never see...

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Comments

Shirlyn91
2021-04-07
Shirlyn91
I agree!
Qmilk
2021-04-07
Qmilk
good
lineasy2
2021-04-07
lineasy2
Not too sure about this.
Kenneth736
2021-04-07
Kenneth736
?
Jo2021
2021-04-07
Jo2021
Always good to hold
zips
2021-04-07
zips
Mmm really?

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Most assets never see...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/07/forget-dogecoin-buy-this-tech-stock-instead/\">Source Link</a>\n\n</div>\n","source":"fool_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Forget Dogecoin: Buy This Tech Stock Instead</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nForget Dogecoin: Buy This Tech Stock Instead\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-07 22:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/07/forget-dogecoin-buy-this-tech-stock-instead/><strong>Trevor Jennewine</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Dogecoin (CRYPTO:DOGE) has been on fire lately. The price of a single token has skyrocketed by more than 3,000% in the last year, and it's up by 25,000% over the last five years. Most assets never see...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/07/forget-dogecoin-buy-this-tech-stock-instead/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PYPL","symbol_name":"PayPal","start_time":0,"source_url":"https://www.fool.com/investing/2021/04/07/forget-dogecoin-buy-this-tech-stock-instead/","article_id":"2125740266","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2125740266","pubTimestamp":1617804480,"sourceInfo":{"source_id":"fool_stock","name":"Motley Fool"},"weMediaInfo":null,"summary":"The cryptocurrency's popularity has surged sharply in recent months, but investors looking to profit from the crypto trend would be wiser to add PayPal to their portfolios.","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"PYPL":"PayPal"},"translate_title":"忘了狗狗吧：买这只科技股吧","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PYPL":0.9},"content_text":"Dogecoin (CRYPTO:DOGE) has been on fire lately. The price of a single token has skyrocketed by more than 3,000% in the last year, and it's up by 25,000% over the last five years. Most assets never see those kinds of gains, but that doesn't make Dogecoin a smart investment.\nCryptocurrencies in general come with great risk and volatility, and even among them, Dogecoin skews toward the riskier side of the spectrum. Rather than putting money into such a highly unstable asset, investors looking to cash in on the cryptocurrency craze should consider buying PayPal (NASDAQ:PYPL) instead.\nDogecoin: Tulip-mania\nDespite its recent massive gains, there are several problems with Dogecoin. One, in particular, should give investors pause.\n\nImage source: Getty Images\nThe potential supply of Dogecoin is infinite. Unlike Bitcoin, which will be limited to 21 million tokens total, there is no upper bound on the number of Dogecoin tokens that can be mined. As long as miners keep building the blockchain, more will be created. In fact, there are already 129 billion tokens in existence.\nThat's a problem because eventually, the supply will exceed the demand. At that point, economic theory suggests prices will fall. To put that in context, precious metals like gold and platinum have high values because they are scarce. But what if gold and platinum were everywhere? They wouldn't be worth much.\nDuring one of the most famous market bubbles of all time, tulip bulb prices skyrocketed in Holland in the 1630s. Fueled by the overwhelming popularity of the flowers, at one point, a single bulb sold for as much as $750,000 in today's money. Obviously, that didn't last, and the so-called tulip-mania bubble burst after a few years.\nThe point is this: Just because the price people are trading Dogecoin at has increased by a factor of 30 in the course of a year, that doesn't mean it's actually worth anything like that much. Sometimes, people get carried away.\nPayPal: A better buy\nPayPal—unlike Dogecoin—offers a clear-cut investment thesis: Digital payments are becoming more popular with people and businesses around the world, and this fintech company provides the tools that consumers and merchants need to participate in the digital economy. As that trend continues to evolve, PayPal and its shareholders will be well-positioned to prosper.\nMoreover, the company's global network gives it a significant advantage over its rivals (another thing Dogecoin conspicuously lacks). As more merchants join its network, it becomes more valuable for all consumers, because they can spend the money in their PayPal accounts in more places. The same is true in reverse: As more consumers set up accounts on the network, it becomes more valuable for all merchants.\nThis network effect has driven significant growth for PayPal in several important financial metrics.\n\n\n\nMetric\n2017\n2020\nCAGR\n\n\n\n\nActive Accounts\n229 million\n377 million\n18%\n\n\nRevenue\n$13.1 billion\n$21.5 billion\n18%\n\n\nFree Cash Flow\n$1.9 billion\n$5.0 billion\n39%\n\n\n\nSource: PayPal SEC filings. CAGR = compound annual growth rate.\nPayPal is also establishing itself as a key player in the cryptocurrency economy. Last year, the company announced that users would be able to buy, sell, and hold cryptocurrencies like Bitcoin directly from the PayPal and Venmo apps.\nMore recently, PayPal launched its Checkout with Crypto service, enabling consumers to fund their purchases with cryptocurrency. And eventually, it plans to bring this functionality to all of its 29 million merchants. That makes it the first major payment processor to directly power cryptocurrency transactions.\nIf cryptocurrencies truly become mainstream, PayPal should benefit in a big way. But even if they recede into a small niche market or disappear completely, it will still have a thriving business. In other words, this fintech company is a safer investment than Dogecoin, yet it still offers the potential for big gains. That's why investors should consider adding PayPal to their portfolios.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":341693301,"gmtCreate":1617806195003,"gmtModify":1704703426686,"author":{"id":"3577096283285757","authorId":"3577096283285757","authorIdStr":"3577096283285757","name":"Shirlyn91","avatar":"https://static.tigerbbs.com/24e93d470987cec879d10d8d3e52cef0","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3577096283285757"},"htmlText":"I agree!","listText":"I agree!","text":"I agree!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/341693301","repostId":2125740266,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":341872671,"gmtCreate":1617805534393,"gmtModify":1704703403650,"author":{"id":"3575403507113139","authorId":"3575403507113139","authorIdStr":"3575403507113139","name":"Qmilk","avatar":"https://static.tigerbbs.com/62df60938bf172093f215d47136deccd","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3575403507113139"},"htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/341872671","repostId":2125740266,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":341878679,"gmtCreate":1617805441791,"gmtModify":1704703402031,"author":{"id":"3555069598699884","authorId":"3555069598699884","authorIdStr":"3555069598699884","name":"lineasy2","avatar":"https://static.tigerbbs.com/f77bf9adce864a735aba6dcb7fd248da","vip":1,"crmLevel":3,"crmLevelSwitch":1,"idStr":"3555069598699884"},"htmlText":"Not too sure about this.&nbsp;","listText":"Not too sure about this.&nbsp;","text":"Not too sure about this.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/341878679","repostId":2125740266,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":341873549,"gmtCreate":1617805369881,"gmtModify":1704703399114,"author":{"id":"3572402868098850","authorId":"3572402868098850","authorIdStr":"3572402868098850","name":"Kenneth736","avatar":"https://static.tigerbbs.com/3e37c55fc7e5181364d2c0a1a8238830","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3572402868098850"},"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/341873549","repostId":2125740266,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":341873197,"gmtCreate":1617805349519,"gmtModify":1704703397982,"author":{"id":"3571917985322875","authorId":"3571917985322875","authorIdStr":"3571917985322875","name":"Jo2021","avatar":"https://static.tigerbbs.com/d186b317dbe61e4c143700353fa1277c","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3571917985322875"},"htmlText":"Always good to hold","listText":"Always good to hold","text":"Always good to hold","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/341873197","repostId":2125740266,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":341843205,"gmtCreate":1617804713507,"gmtModify":1704703384692,"author":{"id":"3576266977503895","authorId":"3576266977503895","authorIdStr":"3576266977503895","name":"zips","avatar":"https://static.tigerbbs.com/e03e83b23a955a3db24fd720810cce0e","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3576266977503895"},"htmlText":"Mmm really?&nbsp;","listText":"Mmm really?&nbsp;","text":"Mmm really?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/341843205","repostId":2125740266,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":13,"commentSize":6,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; 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