Nvidia Stock (NVDA) Will Crash Soon - Here's Why

#Nvidia stock ( #NVDA ) has been dropping since Nvidia announced preliminary earnings that show worse than expected revenues in gaming. But what exactly counts as "gaming revenue" for Nvidia? It turns out that their GPU sales have been excessively going to crypto mining for cryptocurrencies like Ethereum. Now that crypto is entering another winter, expectations are that demand for Nvidia's GPUs will drop substantially. But is that a bad thing or is Nvidia still one of the best stocks to buy now? 📝 Resources & References 📝 20% of crypto mining volumes have disappeared leading to Nvidia's quarter, says New Street's Ferragu (CNBC Market Alert):    • 20% of crypto mining volumes have disappea...   Nvidia (NVDA Stock) pays $5.5 million for allegedly hiding how many gaming GPUs were sold to crypto miners: https://www.theverge.com/2022/5/6/230... GTC 2022 Keynote with NVIDIA CEO Jensen Huang:    • GTC 2022 Spring Keynote with NVIDIA CEO Je...   Nvidia warns on second-quarter revenue, shares dip (NVDA Stock): https://www.cnbc.com/2022/08/08/nvidi... NVDA Stock Investor Relations: https://investor.nvidia.com/home/defa... 💬 Join The Conversation & Stay Up to Date 💬 Follow on FinTwit ▶   / tickersymbolyou   5000+ member Discord ▶   / discord   Quick Tips & Videos ▶   / tickersymbolyou   Short-form Insights ▶   / tickersymbolyou   📚 Useful Resources 📚 My full resource library ▶ https://www.tickersymbolyou.com (work in progress) ARK Invest Big Ideas 2022 Report ▶ https://ark-invest.com/big-ideas-2022/ ARK Invest Innovation ETF (ARKK) ▶ https://ark-funds.com/arkk ARK Invest Genomic Revolution ETF (ARKG) ▶ https://ark-funds.com/arkg ARK Invest Autonomous Technology & Robotics ETF (ARKQ) ▶ https://ark-funds.com/arkq ARK Invest Next Generation Internet ETF (ARKW) ▶ https://ark-funds.com/arkw ARK Invest Fintech Innovation ETF (ARKF) ▶ https://ark-funds.com/fintech-etf ARK Invest Space Exploration ETF (ARKX) ▶ https://ark-funds.com/arkx Roundhill Ball Metaverse ETF (METV) ▶ https://www.roundhillinvestments.com/... Ball Metaverse Research & Index ▶ https://www.ballmetaverse.co/ 📜 Disclosures 📜 All content on this channel is for informational purposes only and should not be construed as professional financial advice or recommendation to buy or sell any securities. Trading stocks, ETFs, other securities, and/or cryptocurrencies poses a considerable risk of loss. Neither host or guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Should you need such advice, consult a licensed financial or tax advisor. When you make purchases through links in this video description, the author may earn a commission. 🙏 Thanks for watching!