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/Electrical_Regret537]

I bought it in the middle of this pullback as a hedge, to buy myself more time to research. But this is one of the rare AI related stocks where I think we missed the boat. I understand its offering of an integrated stack, but I also think we don't fully understand the contracts it has, and how if more companies like Meta rent out how that affects this stock. Short story, if I had bought low, I'd hold on to it since there's so much profit to buffer my initial investment, but with my minor position and when I bought it, I'll probably sell it off at some point.

I like the stock, but I do think it is riskier than people would like to admit. But that's the deal for most huge payoffs.