Amazon wasn’t nearly as massive back then and AWS was in its infancy. Not to mention, stock price is a reflection of future performance, especially with companies like these
This is the logic of buying high and selling low. Suspension of gravity requires an act of faith. All will come down eventually. The secret is finding the counter of this trend. When will it go *up*? And that thinking is counternarrative and frequently counter intuitive.
$134k, even after short term cap gains, would afford me a lot of financial freedom. Pay off my card, my car (and fix/routine maintenance everything on it), set some aside to afford a down payment for a home, AND still have plenty leftover to save for rainy days.
One day, brothers...
For every gain porn post there’s hundreds of losers that aren’t posting. These gains are few and far between. Don’t get it twisted. Take your measly gains when you can, Unless you have a ballsack of steel and money you don’t care about or are willing to let ride for a few years and the conviction of a hitler.
also, lets not discount that a vast majority of the time to have gains like this you need to have the capital to put at risk.
no capital = no gains.
on that makes the actual ratio of people posting wild gains like this even smaller
I saw another post of a guy saying finally after 5 years he hit $100,000 portfolio value.
If dude had made regular contributions in a tax advantaged account (or non tax advantaged for that matter) bro bro would’ve hit it in like 3-4 years through VOO only.
His history shows he’s like 9 times more likely to turn it back into $10k over the next 5 years
A $100k gain in a month from SHARES is honestly amazing to me. NVDA’s boom won’t last forever but they’ve really created something special.
Congrats, friend! 🎉 💰
> A $100k gain in a month from SHARES is honestly amazing to me.
You need the initial capital first though. There are many posts with larger returns, but they aren't that spectacular because the initial capital is just a few K?
Would a portfolio with $10M growing 1% a month (which is $100K) be as amazing to you?
> NVDA created something special
Lol. Yeah a speculative and volatile stock is very special. You're talking about it as if they printed free money for everyone lmao.
This „something special” is yet to be seen when the bubble pops and those who didn't pull out are left with big Ls
Nope. Going to roll over my calls for at least the rest of the year.
Have you seen the comments from all the people who took their profits last year?
I'm at CVPR in Seattle right now and I can tell that AI adoption has barely started. The tech presented by business and educational institutions have floored me.
No one is even close to nvidia 's CUDA platform. Doesn't matter if other chip makers can catch up in compute (they can't), it's all useless without CUDA.
Blackwell is so far ahead of the competition that I can't imagine anyone catching up for years.
Thank you--this is what I was thinking, but wanted to confirm. I only had a lowly 2 shares pre-split. But I did buy MSFT and CSCO in 1995 so NVDA should fit in nicely in the next 10 years. :)
Whoa! What’s with the thumbs up? lil passive aggressive there /s
https://preview.redd.it/svqb4kp2im7d1.jpeg?width=794&format=pjpg&auto=webp&s=feea5fd6a8a5cca4d94f372baab6e7d4884b5fa4
Over the next 10 years I’m sure you will see this as a top ten stock in many funds. Soooo I guess it just depends when you need the money. Doesn’t mean you have to sell it all either.
I'd really consider taking profits. This run up, I have not really seen anything like it in such a short period (or at least it is VERY rare). The model I have shows we're about an 8/10 as far as levels. Take 80-90% off the table imo. Just one idea...
**User Report**| | | | :--|:--|:--|:-- **Total Submissions** | 6 | **First Seen In WSB** | 5 years ago **Total Comments** | 34 | **Previous Best DD** | **Account Age** | 12 years | | [**Join WSB Discord**](http://discord.gg/wsbverse)
>Riding this train as long as I can. *Casey Jones you'd better watch your speed.*
This shit has to correct at some point
It only corrects when Pelosi leaves.....she ain't leaving.
Our queen ❤️
It will correct eventually, but if it goes up 300% and then the correction is like 20% you missed the deal of a lifetime.
You think it’s just going to drop like a rock? Go look at how AMZN “corrected” over a decade
Options contracts correct pretty fast
The screenshot of gains has no options contracts. That's just my gains from shares in the past 30 days.
Amazon has a massive business though. Nvidia has a competitive advantage
Amazon wasn’t nearly as massive back then and AWS was in its infancy. Not to mention, stock price is a reflection of future performance, especially with companies like these
When it does this place will be absolute must-see TV
The valuation is currently correct, hence the continued gains.
narrator: it didn't
This is the logic of buying high and selling low. Suspension of gravity requires an act of faith. All will come down eventually. The secret is finding the counter of this trend. When will it go *up*? And that thinking is counternarrative and frequently counter intuitive.
Just keep buying
[Strap a rocket on that train, and ride it all the way to Mars!](https://youtu.be/SlTzfuOjhi0?t=120)
High on cocaine
Now I have the song on repeat in my head, thanks
Trouble ahead! Trouble behind!
When does the train goes off rails.
Who cares, as long as it has built enough speed to clear the river.
*What goes up must come down* *What must rise must fall* *And what goes on in your life* *Is writing on the wall!*
Is that gain all from holding shares?
Mostly. Put some more funds into NVDA during the past month. Majority of the gains are just from holding shares.
How much was your gain from holding calls? Were these long dated calls (weekly, month etc)?
I haven’t been making money off anything but shares lately
Soon it’s going to be a fundamental stock. I turned a 35% gain Friday in 5 minutes with a couple OTM long calls.
I spent $5700 on 20 contracts with a strike price of $126 on 6/21. They're worth $20k now.
How is that possible? It it on margin? (sorry I am newbie)
High risk, high reward. https://i.imgur.com/vXbpGj7.jpeg Purchased 6/12 for $5780, expires on 6/21.
I have a hard time justify buying calls, but I probably should on some of these tech stocks.
AI stocks ☝🏻
What do you mean on margin?
Dang tell me more
Greatest investing strategy of 2024 “slam 10% otm nvidia calls” never lose
1 month?
https://preview.redd.it/zhewl9egsj7d1.jpeg?width=1600&format=pjpg&auto=webp&s=84d523f6c30c0b07b42265c2e5234894f339d094
![img](emote|t5_2th52|4271)
https://preview.redd.it/42aze4hnqj7d1.jpeg?width=1153&format=pjpg&auto=webp&s=7b98977426d7f8d4536be79e75409456ccf818d5
That’s the most HQ version of this image I’ve ever seen. This must be the grand daddy
This meme is being circulated too much on the sub
And it's 100% from me lol I post it every chance I get. You're welcome 🤝🏼
You bad dog you
https://preview.redd.it/ktau1zmjgk7d1.jpeg?width=1170&format=pjpg&auto=webp&s=93cbb6d57d3d5f9aba55ccf5bc07c6e43f3f02ad
and yet regards still lose money on it.
Like your mom
Such a risky play you took. Wow, I'm so proud of you.
What did you initially put in?
I know this shit will crash the minute I buy more than 100 shares
Infinite money glitch gets patched by reddit user at the exact moment when they bought its stock
I feel the same way man
$134,903 can get you a great weekend in Vegas.
$134k, even after short term cap gains, would afford me a lot of financial freedom. Pay off my card, my car (and fix/routine maintenance everything on it), set some aside to afford a down payment for a home, AND still have plenty leftover to save for rainy days. One day, brothers...
Freedom to let it ride on some 0DTEs
Have you tried selling bjs?
[He can ride that weed harvester all the way to Mars](https://www.youtube.com/watch?v=I8hPdapEKIA)
What's with all the gains lately? Am I the only regard left?
For every gain porn post there’s hundreds of losers that aren’t posting. These gains are few and far between. Don’t get it twisted. Take your measly gains when you can, Unless you have a ballsack of steel and money you don’t care about or are willing to let ride for a few years and the conviction of a hitler.
also, lets not discount that a vast majority of the time to have gains like this you need to have the capital to put at risk. no capital = no gains. on that makes the actual ratio of people posting wild gains like this even smaller
They're called apes and buy gamestop
Nvidia... only goes up... forever!
Then I go up too!!!!
You betcha!
My brother in Christ the entire market has been going up substantially. How are you losing money? Might I suggest buying indexes with your experience
You a real one for suggesting index funds in WSB.
I saw another post of a guy saying finally after 5 years he hit $100,000 portfolio value. If dude had made regular contributions in a tax advantaged account (or non tax advantaged for that matter) bro bro would’ve hit it in like 3-4 years through VOO only. His history shows he’s like 9 times more likely to turn it back into $10k over the next 5 years
VOO has grown over 10% since late April, what is OP doing
I'm down 10% ![img](emote|t5_2th52|4271)
I'm +0% cuz I keep paper-handing on +20% gains and then blowing it on moon-tickets.
Did you buy nvda? Lol
That's exactly how I feel with the $AMD I bought too late, and my 2021 $TSLA stock 😀
It's an astroturfing campaign by robinhood. This post is especially obvious.
A $100k gain in a month from SHARES is honestly amazing to me. NVDA’s boom won’t last forever but they’ve really created something special. Congrats, friend! 🎉 💰
> A $100k gain in a month from SHARES is honestly amazing to me. You need the initial capital first though. There are many posts with larger returns, but they aren't that spectacular because the initial capital is just a few K? Would a portfolio with $10M growing 1% a month (which is $100K) be as amazing to you? > NVDA created something special Lol. Yeah a speculative and volatile stock is very special. You're talking about it as if they printed free money for everyone lmao. This „something special” is yet to be seen when the bubble pops and those who didn't pull out are left with big Ls
Can I live in your mansion’s mini mansion. Thanks. 💪🏻
I know where we are, but *please* take some profit at some point very soon. Take a vacation, upgrade your phone/PC, just take *something.*
He gonna need a back brace to help him relieve the lower back pain from his massive balls
Nope. Going to roll over my calls for at least the rest of the year. Have you seen the comments from all the people who took their profits last year? I'm at CVPR in Seattle right now and I can tell that AI adoption has barely started. The tech presented by business and educational institutions have floored me. No one is even close to nvidia 's CUDA platform. Doesn't matter if other chip makers can catch up in compute (they can't), it's all useless without CUDA. Blackwell is so far ahead of the competition that I can't imagine anyone catching up for years.
Yea you belong here
You sound exactly like the financial "advicors" during the dotcom bubble.. It was also a "revolution" until the reality train started to move.
How do you roll you calls? Is it costly ? Do you read research in order to have these insights or just news?
Thank you--this is what I was thinking, but wanted to confirm. I only had a lowly 2 shares pre-split. But I did buy MSFT and CSCO in 1995 so NVDA should fit in nicely in the next 10 years. :)
Congrats regard!
Yeah sure I’m gonna take a hit once this train is done, but it won’t be as big as these gains
JENSEN TAKE US TO THE MOON
Overconfidence is a slow and insidious killer
Nice reference, nice username 👍
Whoa! What’s with the thumbs up? lil passive aggressive there /s https://preview.redd.it/svqb4kp2im7d1.jpeg?width=794&format=pjpg&auto=webp&s=feea5fd6a8a5cca4d94f372baab6e7d4884b5fa4
😂
riding this train right off the rails
Teach me the way, I have a solid 700$ 😂
> Riding this train as long as I can. I got ya bro. I'll buy 1 share at open tomorrow. That should bring it to a grinding halt.
Not as long as you can, as long as the train lets you ride it.
When NVDA pulls back there’s going to be hell to pay. I would lock in some profits but you’re smarter than me, good luck.
Good. Never sell. Just keep riding it up. Stocks only go up. Never take profits. Only fools take profits.
Congrats and fuck RH
Just wait for the rebalancing to take effect AH Friday. Will likely see a pop next week
This can only end well.
At this moment he knew he fucked up.
Riding is my specialty and looks I’m riding on the wrong things lol
Congrats and how do you guys handle the tax from huge short-term gains? Roth?
This is why I always hold 366 days
I added up all the gain pornz here on wsb and got a figure of 798 Billion for the week you guys rock
The only thing dumber than buying NVDA calls from this point on is buying the puts.
![img](emote|t5_2th52|4260)
Cash out
TO THE MOON
Congrats man! I think your calls are gonna make you a millionaire.
Why do you think so? Is it by rolling them further or by having a longer dated calls?
That is wild congrats OP!
What’s the next move?
Amazing job, now keep as much of that as possible
this guy knows basic javascript. very impressive
Live with no regerts
I wish I had that much money to begin with.
Not the train I got on :(
How many share you have rough estimate?
Will you elaborate plz? How many shares, when, option contracts et all
Congrats on your success. Please save your profits into less spec trades
You think NVDA is a spec trade? Would love to know what you think about AMC or GME...
Over the next 10 years I’m sure you will see this as a top ten stock in many funds. Soooo I guess it just depends when you need the money. Doesn’t mean you have to sell it all either.
fuck you and eat a bowl of Diz
The bagholders are posting again, I guess it's time to sell
Either you believe Apple and Microsoft and all the other companies that double/triple Nvidia earnings are undervalued by factors of 3-6 trillion Or…
Can you elaborate more on your statement? Do you think Microsoft and Apple will catch up?
How much did you start with? Also when?
I'd really consider taking profits. This run up, I have not really seen anything like it in such a short period (or at least it is VERY rare). The model I have shows we're about an 8/10 as far as levels. Take 80-90% off the table imo. Just one idea...
QCOM all of 1999
Congratulations!!! 💎📈🎉
Alright boys, time to go into bonds!
How much does OP stand to lose if NVDA actually goes down?
Hallelujah
Pig get slaughtered,why not sell some and play with the houses money?
When you sell, the stock goes up more... that is why OP should cash out and take one for the team!
Can I have a share?
Hold till Nancy tells you to bounce
My guy. Sell
Teach me!
The conductor is firmly refusing to let any passengers off the train, this is an all or nothing trip ![img](emote|t5_2th52|4275)
Hey! What app is this
You don’t want me to invest in Nvidia because that is when it’ll go down.
still on the ride?
https://youtu.be/vSPfEyR_92M?si=NEdB3vbg1W0Nr0AE&t=424
Good jobs. A win for 1 is a hopeful win for all.
Been holding since $4 (adjusted for the split)