I actually turned $3300 into 24k. I got in at $133 before the 10:1 split. This was my first time buying stock lol
reddit-abcde on
rookie
Mammoth_Aire on
This guy gained 43% in 6months and is complaining.
Enjoy the losses.
GeraltofRivia7770 on
You haven’t succeeded until you turn that $3300 into a negative $40k margin call.
Gy7479 on
I have 1100 shares with a cost basis of $0.74 bought in January 2016, all inside a tax free account, still riding that rocket ;P Good for you with taking profits!
DwightSchrute8 on
I mean do as you please but it’s not like Nvidia is going to suddenly crash. With such little money I’d keep it in for much longer but you do you. Right now my $2000 is up to ~$13,000. I don’t plan to sell Nvidia for a few years and I really wish I had gotten in sooner but everyone says that.
If you’re American, why not hold for a year for long term cap gains?
Just_Candle_315 on
Lol lotta people sold their Apple in 2007 with the same conviction.
ChanThe4th on
The old reverse grandma
Aka
Profit
willdosketchythings on
There’s no shame in taking profit early and playing safe. Good luck! Remember that you have to pay taxes on the gains.
mmatt- on
I’ve made too much money to sell it by this point. Just waiting till January to turn these stocks into long term and I don’t get fucked by taxes. Hopefully it’s around 140-150 by then, but I don’t have too much hope though.
Towel_Vast on
Degens in this sub can’t fathom anything less than 1000% gains as a win
ANKHIAOYOD336 on
HOLD
aFAKElawyer- on
I’m sure he’s moving it all into index funds now
Some-Lavishness1184 on
what? You gain money by making trades?
Pearsonantor on
If you need the money right now, then it was the right decision. If you did not need it immediately, then I believe you should probably not be throwing money at things you do not understand. Better safe than sorry sounds like you don’t really have a great concept of what you threw money at and don’t really understand why you made money. Hopefully you’ve heard of capital gains tax, but by your wording I imagine you might want to look it up.
Significant-You-703 on
Wait just say you made 1k 🤧😂
dumpst88 on
paper hands
ukrinsky555 on
Never feel ashamed of taking profits. The FOMO is hard to overcome but the more you do it the easier it gets. Congratulations.
optionsCone on
WTF are shares?
Smallproduces on
Literally bought shares this morning and made $1000. 🤔
biggerdaddio on
before china takes taiwan. smart.
xcoop3 on
Lmao this ain’t r/investing
LosingMoneyMorePB on
Wall Street Grandpa
CryozDK on
Better safe than sorry?!
Sir, this is a casino
Open-Year2903 on
Save this post. Reminds me of when I sold apple in 2013…same profit %
Could have set up stops for a few shares at a time and left the original, depends on when you need the $. Time horizons are everything
No_Dig903 on
Yeah, but we have a feedback loop now, man. The good day in the USA is causing Japan to go nuclear, and that’ll feed back into the US and so on. We got a couple of days of this.
le_Menace on
rip
PMmeyourboogers on
Guy makes $1k in six months and says “Ok imma head out”
not one of us
YamImpossible9698 on
wtf you don’t belong here with this rational logic
37 Comments
Congrats man nice trade
Dude this is gonna moon the next couple days
Thank you for your sacrifice.
I actually turned $3300 into 24k. I got in at $133 before the 10:1 split. This was my first time buying stock lol
rookie
This guy gained 43% in 6months and is complaining.
Enjoy the losses.
You haven’t succeeded until you turn that $3300 into a negative $40k margin call.
I have 1100 shares with a cost basis of $0.74 bought in January 2016, all inside a tax free account, still riding that rocket ;P Good for you with taking profits!
I mean do as you please but it’s not like Nvidia is going to suddenly crash. With such little money I’d keep it in for much longer but you do you. Right now my $2000 is up to ~$13,000. I don’t plan to sell Nvidia for a few years and I really wish I had gotten in sooner but everyone says that.
https://preview.redd.it/2jtu0xlu72rd1.jpeg?width=1200&format=pjpg&auto=webp&s=c92733fc9ab275c2006a0b51e25245eaf41dde2e
If you’re American, why not hold for a year for long term cap gains?
Lol lotta people sold their Apple in 2007 with the same conviction.
The old reverse grandma
Aka
Profit
There’s no shame in taking profit early and playing safe. Good luck! Remember that you have to pay taxes on the gains.
I’ve made too much money to sell it by this point. Just waiting till January to turn these stocks into long term and I don’t get fucked by taxes. Hopefully it’s around 140-150 by then, but I don’t have too much hope though.
Degens in this sub can’t fathom anything less than 1000% gains as a win
HOLD
I’m sure he’s moving it all into index funds now
what? You gain money by making trades?
If you need the money right now, then it was the right decision. If you did not need it immediately, then I believe you should probably not be throwing money at things you do not understand. Better safe than sorry sounds like you don’t really have a great concept of what you threw money at and don’t really understand why you made money. Hopefully you’ve heard of capital gains tax, but by your wording I imagine you might want to look it up.
Wait just say you made 1k 🤧😂
paper hands
Never feel ashamed of taking profits. The FOMO is hard to overcome but the more you do it the easier it gets. Congratulations.
WTF are shares?
Literally bought shares this morning and made $1000. 🤔
before china takes taiwan. smart.
Lmao this ain’t r/investing
Wall Street Grandpa
Better safe than sorry?!
Sir, this is a casino
Save this post. Reminds me of when I sold apple in 2013…same profit %
Could have set up stops for a few shares at a time and left the original, depends on when you need the $. Time horizons are everything
Yeah, but we have a feedback loop now, man. The good day in the USA is causing Japan to go nuclear, and that’ll feed back into the US and so on. We got a couple of days of this.
rip
Guy makes $1k in six months and says “Ok imma head out”
not one of us
wtf you don’t belong here with this rational logic
lol
thats it?