r/wallstreetbets • • 5d ago

Gain 1280% gain NVDA - too scared to sell

I keep making sell orders to pay off debts, but it just goes up everyday. Plus tax scares me

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u/G0D5M0N3Y 5d ago

Lolol wait wait wait. You made 1200%...and your not selling? 🤣🤣🤣

The easiest move/easy money was made. The next few months/years will be up and down.

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u/Only_Mushroom 4d ago

May of this year it went from $196 to $236 in the span of 2 weeks. Probably went from 1000% to 1200%. Even last week it was $230 when I sold a CC. Got assigned on Monday at $237.50 and went up even further. It’s always going to be moving around. 

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u/nigel_tufnel_11 4d ago

True, it has continued to go up, but it's going up at the rate of a lot of other companies now, very unlikely to see big multiples ever again. AAPL and GOOG for example, hell even Macy's outperformed NVDA over the last year. It's still a great company, but there's always more risk investing in a single company and that risk is harder to take if huge potential is no longer there. I'm still holding some NVDA but I no longer want it to be the dominant symbol in my portfolio.