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You didn’t have to invest during the market crash back in March 2020 to see what was coming. No, I don’t think that anyone could have really predicted a global pandemic. However, I do believe that if you paying close enough attention, the shift to a boost in tech stocks should have been seen coming a mile away. Or at the very least a kilometre.
The problem is twofold for investors today. First, there’s the issue of risk. You don’t know which tech stocks are going to do well and which aren’t. Then there’s the other problem of cost. You might have a safer bet with stocks already doing well, but those stocks are crazy pricey.
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Tech stocks have had an incredible run over the past year. Two of the best-performing stocks on the Canadian stock market were both from the most exciting technology industries of the year.
WELL Health Technologies(TSX:WELL) should both be on your radar for 2021.
But which one is better? Here’s a closer look at the prospects of these two industries and why I’m betting on one over the other.
Hive stock
Over the past 12 months, HIVE stock is up a jaw-dropping 2,245%. In other words, a $1,000 investment in HIVE stock in January last year would be worth $23,450 today!
Reading Time: 2 minutes
by
Wayne Jones
on
January 19, 2021 Altcoins
A Twitter user recently asked IOTA’s Mat Yarger about the Jaguar Land Rover partnership. Yarger, Head of Mobility and Automotive at the IOTA Foundation, said that the collaboration is still very active. He added that there would be some significant updates within the next two quarters, and he is pretty excited about it.
What to Expect on the Alliance
In the third quarter of 2020, the public distributed ledger (DLT) IOTA announced the IOTA Access‘s launch, an open-source framework that builds access control systems. An example is a car owner’s ability to enable someone to access and use their car remotely.
Etwa 180 000 Österreicher halten Kryptowährungen à la Bitcoin und Co boerse-social.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from boerse-social.com Daily Mail and Mail on Sunday newspapers.
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Leading the way of the crypto mining stocks to buy is Riot Blockchain, which is based in Castle Rock, Colorado, and was founded in 2000. Its stock has a market capitalization of more than $1 billion. Its stock price surged from $1.49 in January 2020 to top $16 per share in late December 2020.
The company is investing in its bitcoin mining business expansion heavily as it announced “an expected 65% increase in bitcoin mining hash rate capacity resulting from the purchase and future deployment of 15,000 S19 Pro and S19j Pro Antminers from Bitmain Technologies Limited.”
Riot Blockchain and its stock could benefit from future expansion and upgrading mining operations. The company is unprofitable for the past three years and an increase in bitcoin price could be a key catalyst for profitability.