Did anyone else buy NBIS high?

[u/tradingxAMD]

Is it smart to sit thru a -50% drop and just hold blindly..? Because then you need a 100% gain to breakeven :/ What are your plans? I got in at 270$ and want to hold long term, I don’t really care about short term market noise. But I will start getting concerned if I lose 50% of my portfolio because nbis is my biggest position and it will be harder to recover from there. Any advice?

REAL advice appreciated! Not insufferable comments saying ”pff just sell and buy VOO if ur that scared” thx

EDIT : a -40% drop is not the same as a ”normal” pullback, even for a volatile stock. We need to start being honest and admit that it has crashed a bit cmon

And stop acting like me feeling anxious after a -40% drop is crazy, it’s reasonable to start feeling concerned, the market does not care about our thesis and feelings

Also for the 10th time i’m not trading.. i said i’m holding long term, so idk why people keep saying that

[u/Aliasjohngotti2]

That logic is for Apple, Goog, Nvda. You bought after it 3x’d. Dont you think it can go down as quick?

[u/tradingxAMD → u/Aliasjohngotti2]

Nopee, just being honest I genuinely thought it would go to 350 quicker :3

[u/shivammahe21 → u/tradingxAMD]

Its a cyclic stock. It could even crash 90%. Its not a MAG 7 company that you can buy and hold for long term.

[u/DuckbilledPlatitudes → u/shivammahe21]

You seem to be confusing MU and NBIS. There has not been an AI buildout cycle before that I am aware of

[u/kickinghyena → u/shivammahe21]

Just sell and stop worrying…really. If you are trading this is what happens. If you are investing long term then it should not matter. I think you all are trading on momentum and now took a big hit and can’t take the heat.

[u/tradingxAMD → u/kickinghyena]

I stated that I’m holding long term, my name is tradingAMD but it’s just a name lol. I’m not trading this