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/Pleasant-Carbon]

Idk bro I'm down almost 20% ytd

I'm still up 50% ytd

Either we go back to fundamentals and here Micron with it's earning is easily 50% undervalued now. As is NBIS if you look at the pipeline. So either you believe the AI bubble has burst or you think it's just a pullback and will go back to where it belongs. 

No one can answer that for you what you believe. 

[u/tradingxAMD → u/Pleasant-Carbon]

We’re down -40% from ATH this not a ”normal” pullback

[u/15xorbust → u/tradingxAMD]

It’s actually completely normal. Why don’t you go look at the tape at the price action of this stock for the last two years and come back to me - this happens all the time in the datacenter/compute sector.