Velpic in SaaS Market Analysis, page-48

Hi Sharks,

Since you are a trader and a TA person I have a question for you.

I am happy to hold my position for a number of years and the money I have in VPC would be annoying and disappointing to lose but not detrimental to my financial well being. This is a company that has been listed for 6 months, and in my opinion has made good progress. In this circumstance how much does TA and downtrends matter. Is holding while a stock loses 10,20,30% on the basis of a long term strategy and FA confidence stupidity or reasonable?

Sorry if this sounds a lot like asking advixe. You just seem like a smart and balanced poster so some insight would be appreciated.