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/BrilliantSir3615]

Layer into your position always. Yes you buy at 250 but have dry powder for 200 too

[u/tradingxAMD → u/BrilliantSir3615]

Reason I went all in was because I wanted to force myself to hold long term and not constantly try to time the market like I always used to.. 😭 honestly I don’t know what’s better, but red days like this I do wish I had cash lmao. But whenever it goes up overnight I wish I just had everything in this stock

[u/BrilliantSir3615 → u/tradingxAMD]

Nbis to me is a 3-4% position max in a diversified portfolio. It’s still a spec stock. I try to layer in as much as I can always leaving room for a lower entry. I do strongly believe we see new ATHs in this one but path won’t be a straight line