The only time you lose money is when you sell the stock. And, there's times when serious of red-flags and cracks start appearing in a stock, that's when a company is going into liquidation. I don't see this happening here, not just yet. I hate to brag, but i'm holding more GMV shares than majority of you guys on the forum, but i'm not stressing nor harassing the management. To be successful investor, you need to be very disciplined and very patient, which many people lack. I will wait patiently and when the time comes i'll decide whether i'm selling or continue to go long.
Take a step back and ask yourself these questions
- Am I long term investor? (5-10 years)
- Short term investor? (1m to 24 months)
- Swing Trader? Based on a stock that is about to uptrend?
- Day Trader?
- Why did I invest in GMV? What made it standout? product? Management?
- Do I believe in myself?and the company?
Align yourself with the above questions, and calm your spirit mate
Money comes and goes, you lost in GMV, but you can win 10x more with another stock.
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