logoalt Hacker News

tombertyesterday at 11:48 PM1 replyview on HN

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.


Replies

idiotsecantyesterday at 11:51 PM

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

show 1 reply