Cryptocurrency Stocks

Dear Reader

Cryptocurrencies are down much from their peaks several years ago.

How to play a possible new cryptocurrency boom with stocks listed on public exchanges?

I propose three choices - Nvidia, AMD(Advanced Micro Devices) and Microsoft. AMD and Nvidia produce computer processing chips and graphical processing units which are used extensively to mine Bitcoin and other cryptocurrencies.

Microsoft sells Windows, the ubiquitous operating system powering computers also stands to benefit from a possible cryptocurrency boom as crypto miners buy new computers and Windows software to mine cryptocurrencies.

I must say that both Nvidia and AMD, especially, look quite overvalued currently measured on almost any metric. If the prospective cryptocurrencies new boom could prove elusive, both Nvidia and AMD's stock prices could basically crash.

Disclaimer: The blogposts and comments on this blog and posts on social networks(Twitter, LinkedIn, Facebook etc.) are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is".

Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blogposts on this blog and posts on social networks.

Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blogpost and posts on social networks(Twitter, LinkedIn etc.)!

Respectfully yours,

Petar Posledovich