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NVDA is topping out like Tesla did before lockdown
OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER
- Thread in 'General' Thread starter Started by johnnyredstorm,
- Start date
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I watched $NVDA fall from$250 or something to at $123 and said, it can go lower, before I started my position 
. Never got lower, never started my position.
Did get AMD at $50 and $85 tho.... helps a bit
. Never got lower, never started my position.Did get AMD at $50 and $85 tho.... helps a bit
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Sold my NVDA position. Gonna be on the sidelines for this one because I have no idea what’s going on
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I think you sold at the right time.
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Put my retirement account into majority 3 semi-conductor ETFs 3 years ago: SMH, Soxx, FSELX. Got some In market growth funds, dividends as a hedge
I’m up over 5x
. Even if it crashes 50%+ I’ll be happy with the gains
I’m up over 5x
. Even if it crashes 50%+ I’ll be happy with the gains
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Fire come up. I would probably start diversifying because semis are at the height of their hype cycle.
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Yeah cycle out of that ASAP my guy - if anything short that 
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I got a pretty long-term outlook that we'll be needing a lot of semiconductors in the next 20 years or so as they're used in most electronic devices, cars, healthcare, computers, smart everything electronics. But, might be wise for me to dip out for a bit if I can dodge the dip and re-enter afterYeah cycle out of that ASAP my guy - if anything short that
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Yeah fair
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You’re a thousand percent right in your logic, and I totally would never close out my exposure. But if all that account is holding is semis and we’re at a parabolic stage, I would go 1/3 semi and start diversifying out the rest to let it run forever risk free.
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Scold or lecture me, i just got into NVDA at friday’s close. Hoping to hold on for at least a year. Good move?
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You entered right now just to hold for a year?
Planning to add more NVDA to my current position at some point when it pulls back but I’m in it for the LONG term.
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Sorry thats what i meant, in it for the long term unless it tanks badly. Wanna avoid any short term gains so holding for at least a year
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It’s going to fill the gap at 690. If that doesn’t hold, 500s are in play with another delay of rate cuts.
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I guess i’m like many others, kept waiting for the pullback but NVDA kept on creepin up. I just said F it and got in on friday. Hope it’s not too late
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Nothin but respect for
johnnyredstorm
insight. Was this a foolish move on my part? Should i get out when i even out and find another position elsewhere or is there a chance this break $1K (that’s what i was hoping for, then split at some point).
johnnyredstorm
insight. Was this a foolish move on my part? Should i get out when i even out and find another position elsewhere or is there a chance this break $1K (that’s what i was hoping for, then split at some point).
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Man you gotta stick to your plan and know your risk thresholds. What you can afford to deal with. I’d be a buyer between 500-690. They’re expecting revs to be $130B in 2 years. Stock still has room to go, just think it goes lower first.
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I didnt know reddit filed an IPO
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Yeah we have been talking about it in here
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I rarely visit this thread. Ive been focused on crypto for the past few years
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Reddit will be just as volatile
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How’s crypto doing? Didn’t know that was still a thing
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Huh.. Bitcoin just passed it's all time high today lol
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Wait you’ve got to be kidding me!
If I gave you say $500 could you throw that in for me?
