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tombert 4 hours ago

It's entirely possible it will crash, but I also don't think it'll go bankrupt or anything.

I don't typically buy stock to flip it right away; I have some Nvidia stock that I bought the day after ChatGPT was launched, and I bought a bit more when it was $90/share about a ~year ago. If it drops to $100, then I'll still be in the black, but even if it drops to $50, I'm not going to worry because I figure that I can just hold onto it until another upswing.

Nvidia has been around long enough and has enough market penetration in datacenters and gaming that I don't think it's going to go bust, and I figure that it will eventually appreciate again just due to inflation.

davesque an hour ago | parent | next [-]

> Nvidia has been around long enough and has enough market penetration in datacenters and gaming that I don't think it's going to go bust, and I figure that it will eventually appreciate again just due to inflation.

Shouldn't the same argument also apply to Intel?

ThrowawayTestr an hour ago | parent [-]

Intel doesn't make desirable products

idiotsecant 4 hours ago | parent | prev [-]

If it appreciates just due to inflation you didn't actually make any money. Unless your investment beats inflation, you lose value.

tombert 4 hours ago | parent [-]

I don't dispute that all. I'm just ok with that being the outcome; if it keeps up with inflation then it's still better than storing it in a bank, and the thing that would upset me more than "not gaining" would be "actively losing".

Now obviously, if it drops below from what I paid for it and then it takes inflation to catch up, then yeah, that's definitely "lost money", but that's just the risk of the stock market, especially with individual stocks. I also think that if it crashes, Nvidia might still have another surge eventually, even if it doesn't get back to its full glory.

I definitely would not buy new Nvidia stock at its current price though.