5J·

I invested in Quantum Stocks before it went viral.

In November, I finally had the necessary income to afford higher-risk investments.

Until then, I only had index funds tracking the MSCI World or Emerging Markets. So I came up with the idea of looking for the next technology that could explode like #ai companies did.

It occurred to me to look for #quantum companies since it was a technology I had been following for many years.


I found the following:


Seeing their prices starting to rise, I decided to buy a reasonable amount of shares.

Little did I know that days later, $GOOG would present its quantum chip, causing a #pumpstock of my shares, tripling their value on average.


Unfortunately, I continued buying during the rise, which increased my average price. The price then fell when the CEO of $NVDA (+4,93 %) commented that quantum computing was still two decades away from being relevant. Luckily, I took advantage of the dip and bought more shares. Today, I am back in profit.


I have learned that it is not advisable to buy during such vertical rises and it is always better to wait for a correction. My goal is to hold these investments for the long term (3-5 years), if all goes well. However, I will keep a close eye on them to make sure none of them go bankrupt prematurely

8Positions
5 757,57 €
6,44 %
4
1 Commentaire

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“make sure none goes bankrupt”: hard to know. I.e. Wirecard…

On the quantum. comp. as an industry: Whilst progress is impressive - it’s years of research that brought us here. Yes, AI might help picking up pace, but it might as well be a dream castle for a while.

I personally wouldn’t overdo my investments there (satellite). But can’t lie I thought about investing in the sector. And might somewhen in summer with 2-3% of my portfolio, spread over promising companies. All it needs is one to pop - rest can go bankrupt I won’t care.
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