Digital currencies have great potential in a world that is increasingly going digital. This part of the economy is booming, so it's no surprise to see demand for these currencies continue to grow.
I bought some Bitcoin last year, but one thing that bothers me is the volatility. Growth stocks can be volatile, too, but at least when the share price of a good business plummets, I can look at the company's revenue and profit potential to get an idea where the stock is going over the long term. On the other hand, analyzing cryptocurrencies after a steep drop in price can feel like trying to find the flashlight when the power goes out.
For 2022, I've identified two beaten-down growth stocks that I'm ready to buy. Here's what I like about DocuSign (NASDAQ: DOCU) and The Trade Desk (NASDAQ: TTD) .
For further details see:
2 Growth Stocks I'm Buying Instead of Bitcoin in 2022