OPY 0.00% 19.5¢ openpay group ltd

$5 Party, page-759

  1. 55 Posts.
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    let me shine in for what it's worth as I was once if not all of us were in the same boat as you, first of all I agree with everything red328 said. did you make a rookie mistake? yes, you put all your eggs in one basket. with shares you need to diversify, this will lower your risk, some go up, some go down but at least it will average out your holdings. Now, and this is purely IMHO, should you sell, hell no, atm you have a paper loss, once you sell it becomes a loss. let's say for example if the share price was hovering around your buy price right now would you sell? No because you will feel safe and would be happy to wait it out to hopefully make a profit. however in this circumstance it have fallen and now your letting your emotions take over, telling you to sell. If you sell then you've lost. The good thing I can see is that you invested in a good stock and not a mining spec stock. You need to let go of all emotions right now and hang tight, will this go back, I believe so, when? who knows, is the road ahead going to be rocky? of course but you need to look past this. I bought this stock after the capital raise and it got dumped, investors got scared, stop losses got hit and I saw the opportunity and bought at 2.26, yes it went lower but what happened after that. I'm not one to post on this forum, but seeing your posts I felt I had to. I wish you the best and hope you do ok, no matter what happens see it as a learning curve
 
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