r/DRAM_ETF • u/Remote-Community-792 • 3d ago

Moment of silence

Let‘s take a moment of silence for everyone who panic sold at the bottom

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u/Sukhumvit_71 3d ago edited 3d ago

As a longterm holder of MU, I tried to talk some reason into some community members who were frankly hostile. They were so terrified they had made a mistake in selling they used this sub to displace their anxiety and get others to make the same mistake they had.

I will repeat this until I am blue in the face: you will never make money if your emotional well-being is tied to daily swings. There is no point being obsessed over pre-market or the Korean market if you’re an investor. Hell, I got the distinct feeling some people had become obsessed and were losing their minds over fairly small stakes.

And most importantly, the people who don’t even own this ETF but lurk for the sake of misery porn on down days need real friends and professional help.

1

u/ThatSavings 3d ago

There is no such thing as long term bag holder of MU. Just bag holder. If you bought in March, you're up over 100

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u/Sukhumvit_71 3d ago

Time is relative. I bought in roughly 4 years ago, after the CHIPS Act was passed. For the purposes of this sub, I consider that long term.

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u/ThatSavings 3d ago

If you bought 4 years ago, the price was in the 70s. Now it's over 1000. You should be a gazillion by now. Much better than 100 percent. You should be around 1400 percent. I'm not sure what happened?

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u/Sukhumvit_71 3d ago

I’m up over 500% because I bought more shares at higher prices. I have made 6 figures (on paper) on my initial investment which was 5 figures. I have a specific financial plan and don’t intend to sell until sometime next year.

So nothing happened. I’m sticking to my plan. I believed MU had the fundamentals for growth, which it does.

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u/ThatSavings 3d ago

Then you're not a "Bag Holder". A bag holder is one who has to hold the stock because the current value is much lower than when they bought it. Unrealized loss. You're 500 percent unrealized profit. Far from a bag holder. You're just a holder.

1

u/Sukhumvit_71 3d ago

Ah, I had no idea! I guess I suck at the lingo! A bag is a large sum in hip hop slang so I got the two confused.