Decision made and executed, I have sold half of my NVIDIA position today, taking advantage of the "dead cat bounce"...
I have been thinking about it for a while, NVIDIA has brought me a lot of joy in the last year and a half but I understand that the bubble has to burst and, although it may not seem like it, the emergence of DeepSeek opens up many doubts regarding the use of resources to feed this AI technology. Also, trading at a P/E ratio of 50 is already a savagery!.
I still have a good stake, perhaps I will sell it as everything develops but I do not want it to happen like the "Blockchain" phenomenon in 2017... back then, the future had to be directed in a decentralized way by the blockchain... after 8 years, apart from BITCOIN and HIVE, the use that has been given to this technology has been very limited IMO.
AI has a lot to prove as a usable technology yet, it's really in its infancy and relying on a small group of processor manufacturers doesn't seem like the most logical thing to do in the long term...
I'd rather invest the profits in something more secure, especially if they give me dividends...that said, it's up to me to decide where I put this money...I'll probably buy more MONDELEZ stock...what a change, isn't it?
@toofasteddie