$NIO Inc (NIO.US)$ should I sell my shares? NIO is going dow...
$NIO Inc(NIO.US$ should I sell my shares? NIO is going down for to many days.
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70144349OP : any advice?
InsiderJesus : Depends on your strategy. I can see this going back to 50s in several months. If you’re day trading then I’d cut your losses and sell. If you want to hold on to it long term you should be fine.
71013786 InsiderJesus: sell it !!
70820144 : I did
Happy_investing : If I have money left, I will buy more.
70107480 : There is approach you can do… First, sell and cut your losses, and buy back when it bottom out. Second…. is to hold and wait fot it to go up again, because it will eventually go up again, and even go up much higher than the previous high. Especialy Nio, i believe in this company, i know it will recover soon.
70107480 : Third…. average down, which mean if you have extra money, you buy more stocks as it goes down, and your average cause will go down as well. This is what i’m doing now, because i don’t like to miss the spike, and the more stocks i have, the more profit i have when it recovers.
70107480 : it’s all it’s up to you, but there is one thing you have to remember, this stock will go back up, it might take 2 weeks or even more, but it will go up again that for sure. That’s why others don’t panic sell, because they it will go back up
70107480 : Because they know it will go up again i mean
Gandamu : buy and hold, don’t use borrow money because you can’t afford it.