Early last month, Money Morning Director of Technology & Venture Capital Research Michael A. Robinson hit readers with an intriguing – and profitable – idea.
"You don't need to own a single bit of Bitcoin, or any cryptocurrency, really, to rake in a fortune thanks to cryptocurrencies."
He went on to recommend a rock-solid blue chip, Microsoft Corp. (Nasdaq: MSFT), which is really a kind of "pick-and-shovel" play for the whole wide crypto sector.
Now, for one thing, this really goes to illustrate the kind of profit potential to be found in "outside the box" independent research. No need to hop on a volatile crypto bandwagon.
But it also pointed the way toward another, very profitable play for his paid-up Radical Technology Profits readers.
We have to keep the name of the stock a secret, because it's still part of Michael's model portfolio, and it wouldn't be fair to his readers to do otherwise.
But I'm going to peel back the curtain a bit and share some of the details with everyone, because we're almost certain to see more of these kinds of "ancillary" plays as crypto sees wider adoption.
Here's what happened – from Michael himself.