To The Moon

Hi Friends!

In my humble opinion, the simple and straightforward answer is a resounding NO.

I will use a simple analogy.

Last year, you see a branded bag that you really love and the price was $10,000.

Today, you pass by the same shop, selling the exact same bag at $5000, with a really prominent “50% discount” tag on it.

3 scenarios here.

1. Assuming if you bought the branded bag at $10,000, you will definitely have some sort of negative emotions.

2. Assuming you didn’t buy the bag. Now it’s $5000. You would most likely want to buy it if your budget allows you to.

3. You neither bought the bag initially nor intend to buy that bag at a 50% discount.

•The Branded Bag is refers to your investments.

•The 50% discount refers to the stock market selloff.

Now, assuming if you’re heavily vested in GREAT COMPANIES and have heavy UNREALIZED losses, you’d probably be in scenario 1.

(I can empathize. Been through crypto’s epic crash back in 2017-2018)

There’re 3 choices.

1. Do nothing. Just hold.

2. Continue averaging down at a discount

3. Sell your shares.

There’s no right or wrong answer.

Ask yourself why you bought the shares of that particular company in the first place.

* if you choose to hold.. Ride it out. Don’t glue your eyes on the markets Take a chill pill.

* If you choose to average down.. your position’s average cost goes down. Essentially, IF the prices rebound, your gains are higher. BUT please bear in mind that you must ensure that you have enough bullets to DCA in the LONG TERM.

* If you sell your shares now, you’re basically selling them at a discount to another buyer. Another perspective to this is… Eliminating this roller-coaster ride of an investment might clear your mind and leave you stress-free to a certain extend

This entire journey is a marathon. So take a chill pill. Gains and losses are part & parcel. Remember the bigger picture.

Cheers!