‘I Put My Life Savings Into NVIDIA And Lost It All’ – One Investor’s Tragic Story Shows Why ‘Timing Is Everything’
Investing in the stock market is often seen as a way to secure a brighter financial future. However, for one Reddit user, DubiouslyCurious, it turned into a cautionary tale of what can happen when timing, leverage and luck don’t align. Sharing their story on the popular subreddit r/wallstreetbets, this investor laid bare the heartbreaking consequences of betting big on NVIDIA – one of the most successful companies of the last decade.
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Back in 2018, DubiouslyCurious recognized something many others overlooked: NVIDIA wasn’t just a gaming company. It was positioning itself as the backbone of artificial intelligence. The company’s GPUs powered AI breakthroughs worldwide and its CUDA platform became essential for developers. According to them, NVIDIA was “like iOS for AI” – a tool others couldn’t easily replicate.
Believing in NVIDIA’s future, they invested everything they had –£100,000 from their savings and inheritance – using 3x leverage to increase their returns.
For a while, the gamble seemed to pay off. As NVIDIA’s stock climbed, they watched their investment grow to life-changing levels. “For the first time in my life, I saw a path to financial security,” they wrote. But then came the COVID-19 pandemic, a black swan event that sent the stock market into free fall.
While NVIDIA rebounded quickly, DubiouslyCurious couldn’t wait. Their leveraged position meant losses piled up rapidly, forcing them to sell everything to survive. “I sold when I had to take out the pittance remaining just to buy food. Ironically, of course, as soon as I sell it jumped back up. But by that point the damage had been done.”
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Here’s where the painful irony sets in – DubiouslyCurious was right about NVIDIA. The company did exactly what they predicted, becoming a cornerstone of the AI revolution and one of the most valuable companies in the world. They claimed if they hadn’t been driven out of their position, their original £100,000 would now be worth, as they said, “6.6 million” if they had just purchased and kept NVIDIA stock without using any leverage.
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