4 Stocks That Will EXPLODE With Bitcoin Boom - BTC - YouTube

hey guys how's it going it's Andy  from Magooinvesting happy Wednesday  

so we've had a pretty interesting week so  far when it comes to the overall stock market  

we saw a pretty big drop on Monday it started  off around two percent down and then it kind of  

got bought back towards the end of the day and  we had some of the bigger losers from the DOW  

being Boeing stock (BA Stock) and Coca-Cola stock  (KO Stock) after they both downgraded by analysts  

and then yesterday it seemed like the market  was just kind of waiting for the results of  

the election that was happening in Georgia  and based off of what we've seen right now  

it hasn't been officially called for both sides  for both of the elections actually but it seems  

pretty close at this point and I was expecting  the market to sell off a decent amount because  

a lot of the conversation going into the election  was that if the democrats win the presidency but  

they don't win the actual senate it's going  to make it very difficult to pass some of  

the legislation that would be negatively  impacting some of the major corporations  

but now that it looks like the democrats are going  to have the house the senate and the presidency  

I was very surprised to see that the market's  actually up a decent amount at this point  

right now the s p is up one point three percent  Dow was up one point nine and the Russell 2000  

small cap is up four point eight percent so it's  very curious to see that actually happening at  

this point so we're going to be watching that  going forward but today I want to talk all about  

cryptocurrency (Crypto) because it has been  pretty much the talk of the investing world  

for the past couple months because it has gone on  an incredible run at the time of me recording this  

uh Bitcoin (BTC) is up 3.7 percent on the day  and it's up at 35000 and so if you've been on  

this channel for a decent amount I have been a  Bitcoin (BTC) (BTC) bull for a very long time  

this is something where I bought in for the first  time around six thousand about on the way up to  

12 then it fell back down and in the past couple  months it has been very interesting to see it go  

from uh hitting 20 000 and having it have a little  bit of a struggle to break that level to now being  

up at 35 000 and so I’ll put that chart up right  now in case you have not been paying attention  

to how crazy of a run it's been so for people  that are very interested in stocks which is  

mainly the people that I have following me on this  channel in today's video I wanted to talk about a  

couple stocks that will do well as Bitcoin (BTC)  continues to increase in value over time I know a  

lot of people myself included for a while those  very hesitant to buy into Bitcoin (BTC) because  

it's not something I fully understand but it's  something that I’m very excited about and that's  

why I put it on my innovative stocks list because  while I don't fully understand it I trust the  

technology behind it and I think the value of  it's only going to increase over time so today  

I’m going to be talking about a variety of stocks  that have exposure to Bitcoin (BTC) instead of  

maybe people aren't as interested in buying  directly into Bitcoin (BTC) but they want to have  

just a little bit of exposure so these stocks have  a varying level of exposure from just a little bit  

to being pretty involved in the Bitcoin (BTC)  mining itself before getting started I do have  

to say that I’m not a licensed financial advisor  and this is not financial advice anything you hear  

in this video is just me giving my own opinions on  the stock market and you need to do your research  

for making any investment decisions also if you've  been enjoying these videos really appreciate it  

with a like and subscribe button as would help  my channel out a lot so the first stock that I  

wanted to talk about in today's video is going to  be PayPal Stock (PYPL Stock) take a simple pypl  

one of the major changes that we've seen as a  maybe a reason why we've seen this incredible run  

for crypto in the past couple months has  to do with uh Paypal Stock (PYPL Stock) and  

Square Stock (SQ Stock) getting involved  with uh Bitcoin (BTC) and cryptocurrency and  

so Paypal Stock (PYPL Stock) just a couple  months ago decided that they were going to  

allow people that are using their platforms  to buy and sell Bitcoin (BTC) using their  

Paypal Stock (PYPL Stock) wallets and through the  end of 2020 they were not collecting any fees to  

try to get a lot of their users to get involved  with the actual cryptocurrency transactions  

but starting in 2021 they're going to be  charging 0.5 percent for every transaction  

and so based off of the incredible size that  Paypal Stock (PYPL Stock) is at this point  

that's going to be a huge revenue source  for them going forward and as a result of  

Paypal Stock (PYPL Stock) getting involved in the  Bitcoin (BTC) market we've actually been seeing  

a Bitcoin (BTC) shortage which is partially to  explain the massive increase in price that we've  

been seeing some of the articles that I’ve been  finding says that uh Paypal Stock (PYPL Stock)'s  

been snatching up around 70 percent of  the newly circulated Bitcoin (BTC) which  

has resulted in the supply available dropping  which has shot up the price and that fact has  

definitely led to an increase in Paypal Stock  (PYPL Stock)'s price over the past couple months  

since they started implementing the cryptocurrency  features Paypal Stock (PYPL Stock) is up around 30  

overall so this has definitely been a very nice  spike for them based off the incredible history  

of their rapidly increasing transaction volume I  think this is going to be a huge revenue source  

for them going forward so when I put this on a  scale of one to ten for how much exposure they  

uh have with Paypal Stock (PYPL Stock) uh to  cryptocurrency I would probably put this at about  

maybe like a four Paypal Stock (PYPL Stock)  is definitely doesn't need Bitcoin (BTC) to  

do well to have their stock price go up but  it's definitely been a reason why the stock  

has gone up over the past couple months so this is  a stock that I would love if I was trying to just  

barely get involved with Bitcoin (BTC) because  it does have the exposure it's only going to  

increase their payment volume over time and it's  a very exciting thing and their business is very  

solid even without the Bitcoin (BTC) but then  when we go to number two which is going to be  

Square Stock (SQ Stock) ticker symbol $SQ this is  definitely for someone that's more interested in  

being more heavily involved with the Bitcoin (BTC)  aspect of it and the reason behind that is that  

Square Stock (SQ Stock) has also gotten  involved in the Bitcoin (BTC) game but the  

difference between them is that Square Stock (SQ  Stock) is significantly smaller when it comes to  

a payment volume aspect and so in the past I’ve  always compared Paypal Stock (PYPL Stock) and  

Square Stock (SQ Stock)s being very similar when  it comes to you know their overall goals but  

when you look at their overall size Square  Stock (SQ Stock) is going to be relying  

heavily on their Bitcoin (BTC) investment to push  themselves forward going into the future and so  

from the numbers that I could see they bought 50  million dollars’ worth of Bitcoin (BTC) a couple  

months ago and that has definitely shot  up in value since that point and then the  

Bitcoin (BTC) transactions that they've been  seeing in the past quarter have spiked their  

revenue after users bought 1.6 billion dollars in  Bitcoin (BTC) in quarter three so that is a huge  

boost in their overall payment volume the fees  that they collected on that resulted in eighty  

percent of Square Stock (SQ Stock)s quarter  three revenue coming from Bitcoin (BTC) and  

they produced a gross profit of 32 million dollars  which is 15 times larger than they saw uh from a  

gross profit of 2.1 million dollars a year prior  so compared to Paypal Stock (PYPL Stock) there's  

definitely a company that's going to be benefiting  more from the Bitcoin (BTC) explosion just because  

as you can see it was 80 of their revenue in the  past quarter Square Stock (SQ Stock) definitely  

has a solid business model and it's been a company  that I’ve loved for a long time but the difference  

is that they are significantly smaller when  you compare it to Paypal Stock (PYPL Stock) so  

they both have these same positives going for  them with their exposure to Bitcoin (BTC) but  

on a scale of one to ten if I put Paypal Stock  (PYPL Stock) like a four out of ten when it  

comes to Bitcoin (BTC) exposure I would definitely  put Square Stock (SQ Stock) closer to like a five  

or a six because since it is smaller and a much  larger percentage of their revenues coming from uh  

Bitcoin (BTC) transactions if Bitcoin (BTC) just  tanks in the next couple weeks they're probably  

not going to have as much revenue coming from that  whereas Paypal Stock (PYPL Stock) has the high  

levels of payment volume to you know keep their  revenue increasing over time so if I’m looking for  

more Bitcoin (BTC) exposure while not directly  buying in I think Square Stock (SQ Stock) is  

a better option than Paypal Stock (PYPL Stock)  but if I’m going for the safer option that just  

has a little bit of exposure uh to cryptocurrency  overall I think Paypal Stock (PYPL Stock) is the  

better option I did want to bring up Facebook  Stock (FB Stock) ticker symbol fb because they  

did have some interesting stories going about  cryptocurrency just a couple years ago so they  

announced uh just a couple years ago they're going  to be creating their own cryptocurrency called  

libra which is expected to come out in 2021 but  they definitely hit a roadblock and as a result  

of some of the regulatory issues and some of the  worries that a lot of people were having about the  

you know the actual security of Facebook Stock (FB  Stock) based off of their track record uh that has  

not come to fruition at this point and one of the  first things that resulted in libra being you know  

stopped at this point was the fact that Paypal  Stock (PYPL Stock) decided to back out of their  

agreement and so Paypal Stock (PYPL Stock) has  definitely been on board with cryptocurrency  

for a long time and I’m very happy to  see them finally get involved I think if  

Facebook Stock (FB Stock) does actually come out  with libra in the future that is not something I’m  

ever going to be considering touching I’d more  likely be to buy into Ethereum (Ether) which is  

one of the altcoins out there uh then buy into  something like libre just because I don't trust  

Facebook Stock (FB Stock) as much next we're going  to talk about Visa Stock (V Stock) ticker symbol v  

for some smaller exposure to Bitcoin (BTC) I think  Visa Stock (V Stock) could be a very interesting  

way to do it and while they do not directly  allow transactions of Bitcoin (BTC) at this point  

that might not be that way forever from hearing  the stuff that their CEO has said uh that they  

are actively watching Bitcoin (BTC) and based off  of the things that they've been seeing with the  

pandemic in 2020 and going into 2021 the reliance  on cash is definitely going to be going away in  

the future and they see cryptocurrency has been a  very interesting way to do that they have created  

a Visa Stock (V Stock) credit card that does give  Bitcoin (BTC) rewards instead of miles or cash  

so they do have a little bit of exposure  to it but this is something that I would  

consider investing in if I want to have  some Bitcoin (BTC) exposure in the future  

Visa Stock (V Stock) is a massive company that  is so well established that it's going to take  

a lot for them to get involved but based off of  their comments from their CEO I see them getting  

involved with Bitcoin (BTC) within the next couple  years so if Paypal Stock (PYPL Stock) was a four  

out of ten and Square Stock (SQ Stock) was a five  or six Visa Stock (V Stock) is definitely like  

a one maybe a 1.5 or it does have a little bit  of exposure based off of their credit card and  

the fact that their CEO has been pretty bullish on  Bitcoin (BTC) overall but it does not have as high  

of a risk or reliance on the success of Bitcoin  (BTC) as the other two then I’m going to finish up  

this video talking about riot blockchain uh which  is ticker symbol riot and so instead of buying  

directly into Bitcoin (BTC) riot is a different  option when it comes to cryptocurrency so you  

can definitely buy directly into Bitcoin (BTC)  Ethereum (Ether) dogecoin if even if you really  

wanted to write blockchain is a mining company  and they've recently surpassed one billion dollars  

in market cap so instead of buying directly  into the cryptocurrency you're buying into the  

companies that are actively mining the Bitcoin  (BTC) which is a very interesting thing and I  

would highly recommend watching some videos on how  Bitcoin (BTC) mining actually works because it's a  

fascinating process and so they're currently based  out of new York and their Bitcoin (BTC) mining  

operation currently uses 16.3 megawatts of energy  the reason I’m bringing this up is now that the  

democrats fully control the house senate and the  presidency based off what the democratic party has  

been running on I fully expect to see a lot of  green energy initiatives going forward and one  

of the things that will benefit has to do with  Bitcoin (BTC) mining because they are so reliant  

on the cost of energy and so we have been seeing  some numbers that 76 of Bitcoin (BTC) miners use  

some sort of renewables and a total of 39 of the  overall energy used comes from renewables and so  

with the next political administration and if  they heavily invest into clean energy and it  

reduces the price where they can have higher  margins on their mining operations this would  

be a huge benefit to a company like riot that's  so dependent on their energy costs so this is not  

something that I fully understand at this point I  think riot is a very interesting way to invest in  

a cryptocurrency and it has more of a reliance  on the you know the political administration  

and the technology side of it instead of just the  overall price and the usage of cryptocurrency so  

this is definitely like a 10 out of 10 when it  comes to exposure to Bitcoin (BTC) even though  

you're not directly buying in so in this video  I talked about Paypal Stock (PYPL Stock) which  

definitely has some exposure but since it is one  of the largest payment companies out there it's  

not as reliant on the success of Bitcoin (BTC)  whereas Square Stock (SQ Stock) is smaller in size  

but as I mentioned eighty percent of their  revenue from the past quarter came from the  

1.6 billion dollars of Bitcoin (BTC) that was  bought by their customers in quarter three  

uh Facebook Stock (FB Stock) I’m going to be  staying away from libra if it ever comes out  

Visa Stock (V Stock) I would call like  a one out of ten because it likely is  

going to have some Bitcoin (BTC) exposure  in the future and they do have that credit  

card that gives Bitcoin (BTC) rewards their CEO  has been bullish on cryptocurrency in the past  

uh but they're not involved fully at this point so  that's something to watch going forward and then  

ride blockchain I’d call it 10 out of 10. it's a  way to invest in a cryptocurrency that's slightly  

different than buying directly into the actual  coin so these are a bunch of different options I  

haven't talked about crypto a lot on this channel  based off of what I’ve seen in the past with my  

channel when I talk about this I expect to have a  lot of bots in the comments but I’m very curious  

to see if you guys have been riding the Bitcoin  (BTC) wave on the way up uh currently I think  

my average price is around 8500 so I have had  a very nice profit from 2020 going into 2021  

and I don't expect to sell anytime soon next time  we see a major drop I would definitely be adding  

to my position and I have been adding on the way  up but Bitcoin (BTC) has been very exciting for  

the past couple months and it's going to be  very interesting to see if this run continues  

or if we're going to see a major pullback like  what we saw at the end of 2017 going into 2018 so  

thanks for watching I appreciate all  support and I will see you in the next video