How to invest in Crypto while coins are crashing.

….and the answer is AMD stock.

Everyone wants to know how to cash in on Cryptocurrency. OK so it is crashing right now, but this is to be expected. Even if this is the high for all time for Bitcoin, Etherium and Litecoin, Cyprtocurrency is not going away.

There are so many investment avenues to pursue in this arena, the permutations are staggering. Keeping it simple is usually the way to go.

One simple way is to buy a bit of everything then warehouse it for the long term. Much will turn to ashes and some will turn to gems.

I’m doing that, however more specifically my biggest bet in this arena is to buy AMD stock.

https://ih.advfn.com/stock-market/NASDAQ/advanced-micro-devices-inc-AMD/stock-price#2y

As long as the stock market in general doesn’t crater, AMD is going up because of its graphic cards. These are pulled through their distribution channel for months out now. Unless everying turns to goo, cards will be high priced and in short supply till further notice.

GPU mining is a fascinating topic. GPUs are amazing computing devices and not ones about to jump 10X in power soon. Nvidia and AMD will be rolling out new machines in a lifecycle but nothing is going to completely utterly destroy the profitability of top tier cards this year. If that was to happen you can always box up your card and sell it on ebay. The same can’t be said for an obsolete SHA2 miner, which is so much junk when it is superseded.

As such the GPU companies will likely be doing great till further notice. AMD was in the stock market dog house for ages, when compared to Nvidia. Taking sales as a metric, $1 of sales makes $12 of market cap in Nvidia but only 3 and a bit in AMD, that means dollar for dollar of sales Nvidia are 400% more highly valued than AMD. In the modern irrational numeric parlance, AMD is worth 4 times less than Nvidia, dollar for dollar in sales. (How did that awful way of putting it ever get into common usage!)

So the upside is fat for AMD stock. Now if like Goldman Sach you believe Cryptocurrency is a flash in the pan, then you probably wouldn’t want to hold. If however you see a never ending demand for GPU crunching on top of gaming graphics card demand, then you might consider AMD a good place to place some of your bets.

I have.