Is it safe to add more share now?
$NVIDIA (NVDA.US)$Thinking about adding a little more shares, but is it safe to purchase now or should I wait? What is your thought? Of course, is just for references, not holding anyone accountable! Current rate is $131.250 might be a little high.
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Goodjobguys OP Ultratech : I already own some shares, but just thinking about buying more. You are right, I want to acquire more shares for long term, not for short
哞哞學者 : If we use Mr Huang as a ref, he sold his, instead of buying more
Goodjobguys OP 哞哞學者 : Thank you for your comment. I do not believe it is a good stratergy to sell if the trend is growing upward. I might sell in 131.25 and this price might never come back. Then, ended up paying more in the future. It does not make sense for me. Again, this is my opinion. I just want to see what other people think. I am buying for long term, not for shorts.
GalvanisedSqSteel : I would suggest waiting for a dip. but I can’t guarantee that the dip will fall below 130, so take everything with a grain of salt
Goodjobguys OP GalvanisedSqSteel : Agreed
Ramzi1990 : for me,i just DCA for NVIDIA for long term since i believe AI not reached it full potential yet
再世孔明 : Actually when we talk about a dip….
Human beings being human beings, many will tend to wait for it to drop more, and then miss the boat.
And then it rises back up and the cycle repeats.
再世孔明 哞哞學者 : U do know all CEOs sell their shares right?
Goodjobguys OP : This is how I see it and I might be wrong! If someone looking at this stock as long term investment, you should consider to add more share and this is based on the data, cash flow and future development. Ie, Tesla already has a contract to incorporate Nvidia into their business etc. So, I personally is considering to purchase more at this moment. I might be wrong but is my educationally guess for future or near future investment while the price is still manageable.
Roystonz Goodjobguys OP : I also same as you. wonder. someone in YouTube say very exp to enter during 980+, wait for dip. I wait till 1250, he still say wait. I realised, I missed the opportunity if I keep listen to him. but he's not wrong either cause he also can't predict when market will drop when it's now high.
to me, I just bought two days ago and to add on next week (due to Moomoo withdraw from fund need t+2 and it used my fund to purchase stock instead of recycled funds from stocks sold on same day), caused me to wait t+4. miss opportunity to enter at 118~121 range previously.
if you have spare cash (dont need to touch it for 6 months ~ 1 year), and could take volatility of drop within months. could just enter and treat it as long term. that is what I telling myself. if you need cash, I don't recommend to enter.
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