Yes, that's because patience pays dividends for some.
Everyone has their own investing/trading strategy. My strategy is to get a good entry and not invest more than I'm comfortable with. If I lose confidence in a company's direction then I de-risk. Hence why I initially sold out of TV2 back in 2016 under the old management, before buying back in early last year.
Nothing wrong with treating the market like a term deposit either if you invest well. I believe we call that 'superannuation'. Capital growth + dividends is much more attractive than 3% interest in a bank. But you seem to be acting like a frustrated trader sitting on a paper loss. The traders have come and gone, made their money and are happy. No doubt they'll come again on the next spike. Will you join them this time?
I definitely don't have as many shares as you may imagine, but I'm comfortable with the amount I hold and also with my average price, and I am optimistic about the future.
GLTAH.
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