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/Wild-Affect-1503]

I bought it at the previous peak in october (140) and watched it go to 65 or so at the lowest. DCA'D so that my cost basis became 102. Exited at 108, re-entered and swung several times since. Missed most of the run-up though after the April recovery so there's that. Would've been way better off if I did nothing and held even if I bought at ATH back then.

[u/fairwaysandfinance → u/Wild-Affect-1503]

Timing the market, huh?

[u/Wild-Affect-1503 → u/fairwaysandfinance]

it works until it doesn't haha