My first 100-bagger: AMD 💎💰
I was asked to write a few more lines about AMD.
I was a gamer at the time and was familiar with the products and knew that AMD only needed a good processor architecture to be a runt in the duopoly with Intel. That didn't come with Bulldozer, but later with Zen. I wasn't immediately in the black, but about five years (2011-2016) in the red. I never sold, but bought three more times because I believed in the potential. Now the products are better than Intel's and are also used in gaming consoles, data centers and for AI. AMD was my very first stock in February 2011.
I had bought AMD in
2011: 6,63€
2012: 1,70€
2014: 1,93€
2015: 1,97€
Current share price: €184
All-time high this week: € 202
I still hold 1,000 of my total of 2,500 AMD shares, which now have a total value of almost €200,000. I continue to hold.
Haters will say it was just luck. But they would have sold the stock long before it became a 10-bagger. "No one has ever died from taking profits", says every beginner who sells their winners out of fear. But not selling shares is an active decision. Buying and holding even with +50%, +100% or +500% gains are also your own decisions. Many times people asked me to finally sell. But none of these people had ever had a Tenbagger. And if they don't let profits run, they will never have one. When AMD was up 2,000% at some point, nobody wanted to give me any more clever tips.
I had been constantly watching videos from YouTubers who had leaks from the industry. So I knew a lot about promising future AMD products. That gave me the confidence to hold on. The YouTube channels worth mentioning here are
"Moore's Law is dead"
https://www.youtube.com/@MooresLawIsDead
and "Coreteks".
https://www.youtube.com/@Coreteks
I would not recommend holding every crashed or very successful share unconditionally forever. I only do that if I see further potential in the future. With Aurora Cannabis, for example, it was different in March 2019. I no longer saw any potential there and sold at +417% / +11,000 euros. This decision was also the right one, because otherwise I would have lost all my profits later and would still be in the red today.
At the moment I am even invested in AMD with a warrant alongside the share. This had quintupled in three months. What will be your next 100-bagger?
$AMD (+1.99%)
$NVDA (+1.83%)
#100bagger
#10bagger
#tenbagger
