As the saying goes, 'Everyone loves NVDA,' there are many beginners. Beginners tend to have weak holding power and courage, so they panic and sell as soon as the price starts to drop even slightly. Unfortunately, it’s not just beginners who show weakness.
I haven't sold a single share since buying at a split-adjusted price of 40 cents ten years ago. I've wandered through the Aokigahara Forest at the base of Mount Fuji many times, but instead, I kept buying more and now hold 100,000 shares. I won’t sell for the next five years.
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