원문 보기
welcome to investing in cryptocurrency brought to you by crypto vice.com hello and welcome to investing in cryptocurrency today on the docket we've got our obligatory PR announcements after that we're going to talk about a Bitcoin and cryptocurrency super conference that's happening in Dallas Texas in February of 2018 you don't want to miss it and we've got a 10% discount code for you after that we're gonna review our call that we made on the lumin coin in the last video that we posted about ten days ago and then we'll wrap it up with the stock picks that you can make to indirectly get involved into cryptocurrency so with that being said here is the obligatory PR we are online at WWF device comm you can also follow us on twitter at crypto vice one and please subscribe to our YouTube channel we've got about 550 subscribers now we're heading towards that 1,000 subscriber milestone and when we reach that milestone we'll be able to do live videos with interactive chat and we're looking forward to that so with that let's talk about this Bitcoin super conference that's happening February 16th through the 18th 2018 and if you're looking for a conference of Bitcoin and cryptocurrency then look no further go to their website at bitcoins super conference dot-com it looks like this you can check out their speakers their sponsors the exhibitors it's a fun-filled action-packed informative three-day event in Dallas Texas that is going to be talking about everything crypto and yours truly will be there as well we're gonna be talking about physical Bitcoin we're gonna be showcasing some of a physical Bitcoin that we have access to and there will be some giveaways not just coins but also the encyclopedia of physical bitcoins and crypto currencies a book by Elias a Honan is going to be given away as well so if you want to register go to Bitcoin super conference com click on the register here button and you'll be taken to this screen you can reserve your spot it is $600 but that is the price only until the end of October just for being a subscriber and a listener to crypto vice you can get a 10% discount by typing in all lowercase crypto v 39 and you'll get 10% off which brings the price down to 537 so go online use the discount check it out if you're interested it's a great event it's gonna have a lot of great speakers and great information now before we get into the stock market I want to do a status report because the last video that we did and there's many other videos that that prove this as well but the last video we did was on the lumen coin specifically surrounding stellar the company behind it the people etc that video was posted about eleven days ago which today it is October 17th the video was posted right around Friday the 6th which puts us right here now if you recall in the video there was a little bit of a spike because of the ICO the ICO decks there was a conference there's a lot of great news of momentum and the coin increased pretty exponentially pretty significantly in the following days but I did recommend that you just kind of cool it you let things go as they may and the buy point would be right around 325 to 375 depending on your propensity to risk and as you can see in the subsequent week the coin adjusted itself to get right back down to the mid 300s or so in that 325 to 375 range and then the news of IBM came out and it shot up to 1000 and is now settled right about 750 to 800 so if you had watched our video in the last week or so took the recommendation not to say you should take all of our recommendations but I like to give credit where credit is due and if you had taken the recommendation of buying in the range of 325 to 375 you would be sitting at a two times profit now it's up to you if you want to realize that profit and sell the coin might be a good strategy to take some profit off the table maybe not your entire stake but perhaps just enough to realize some gains but nonetheless I just wanted to call that out because a lot of times people are quick to call out the failures but not necessarily very quick to call out the wins so let's talk about these two two stocks that if you are interested in Bitcoin and you're interested in cryptocurrency you think it might have some some legs may have some runway there are two companies that you can consider if you want to invest in Bitcoin or a cryptocurrency in general indirectly you're not quite ready to make the leap and buy the coins as they are you're not quite ready to invest in remaining whether that's cloud mining or putting up a rack in your in your garage but you want to get involved and here's the way to do it if you want to have some skin in the game and you want to do it easily through the stock market to stocks can can do that for you one is Advanced Micro Devices AMD the other is Nvidia Corporation and you may wonder why are these two stocks a potential consideration for investment I'm not saying go out and invest I'm just saying this could be a way to invest in cryptocurrency indirectly if you talk about Bitcoin and the mining that is required to get Bitcoin but there's a massive demand for getting all the different components to create a minor and a minor is the computer that confirms the algorithms and confirms the transactions and is then rewarded with Bitcoin because the complexity of Bitcoin mining is is becoming more difficult the computers are becoming more advanced years ago you could invest in a laptop and mine Bitcoin through that laptop now you need a much more advanced computer and with those advanced computers comes more advanced components who makes those components Nvidia and I'm not going to read this article but you can do research on it yourself but as you can see Intel Advanced Micro all these chip makers are vying for that market share to create the more advanced components a graphics card specifically that were are required for mining Bitcoin and other cryptocurrencies as well because cryptocurrency has really shot up in interest and marketability and value people are looking for ways to mine it and mining it requires advanced computers which requires advanced components which are made by Nvidia Intel and Advanced Micro Devices so these are chip companies with that a lot of analysts are saying have good tailwinds because not only are they provide the chips for that our cell phones cars gaming and all the other technology driven devices but now they're building the components for mining that has become one of the biggest and highest growing industries in technology so for those of you who are intrigued by cryptocurrency and by Bitcoin but you're not willing to invest in the coin itself or in the industry this is a way to retain your stock market approach and still indirectly reap the rewards that are coming out of the cryptocurrency industry so as I say before the end of every video you've got to do your own research make your own decisions but these are some considerations to make if you want to indirectly get into the cryptocurrency market Nvidia and AMD seem to get the most press but there are other chip companies like micron microchip Qualcomm Intel do some research do some searches and see what companies would be the best fit for your portfolio and whether they are attacking this market that seems to be ripe for the picking so that's all I've got like this video and share it so we know you're not a robot if you're listening on automatic subscribe to our channel on YouTube and check us out on twitter at crypto vice 1 we also have a website WWF device calm and if you are so inclined you can shoot us a note at kripp device at gmail.com thanks again for listening and watching and we'll be back for more cryptocurrency perspective analysis and advice you
Comments 0