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Nothing wrong with being honest Crowman, sharing mistakes and ideas. We're all human, good to share and learn.
Plenty had stellar returns in crypto this year whether you think that's prudent or not. Plenty of billionaires and funds entering crypto space too, so I think its a fair consideration.
arms999, I made some good returns on stocks, then tried crypto. Didn't work out very well.
If you're really set on a crypto play, check out Argo Blockchain (can buy it in an ISA), I've got some holding in it atm.
Thats cool Jtan, I'd stick with Nex. In a similar position to you, I was late to the Saga party, it was trading at 135 at one point then it rocketed to 300.
I believed in Saga the same as I do with Nex. So I bought in at 300 (top of the market). Saga then dropped to 280, 260, bottomed at 220 (which I bought in again and again).
Saga recently went to 460 then back down to 390, I'm not concerned at all (same with Nex), I believe saga could hit 600 to 700 so holding out.
You are not on your own, being underwater is quite common, if you really believe in the company then I think its worth holding out and being patient through the volatility. I think a lot of people lose money because they sometimes panic or just don't have the patience. Best of luck.
Jtan, first bought in 170, then 163, then 158, then 153, then 140,then 130, then doubled up at 120 then it dropped to 110. Kept my confidence in the Nex and it’s paid off.
I’m not relaxed because of my gains I’m relaxed because I believe in Nex and long term the share will be 400+
Can always press the sell button if you’re frustrated.
I’m quite relaxed and happy going long been in since last year.
9-Jun-21 17:56:40 128.013 319,714 Buy* 120.00 123.00 409.28k O
29-Jun-21 16:20:11 124.25 100,000 Buy* 120.00 123.00 124.25k O
29-Jun-21 14:54:40 131.373 181,989 Buy* 120.00 123.00 239.08k O
29-Jun-21 16:14:20 124.5111 100,000 Buy* 120.00 123.00 124.51k O
29-Jun-21 15:59:05 124.02 100,000 Buy* 120.00 123.00 124.02k O
29-Jun-21 15:41:33 124.5111 80,000 Buy* 120.00 123.00 99.61k O
29-Jun-21 16:35:13 128.00 354,284 Buy* 120.00 123.00 453.48k UT
29-Jun-21 16:30:06 124.00 25,000 Buy* 120.00 123.00 31.00k O
29-Jun-21 16:29:57 123.00 8,079 Buy* 120.00 123.00 9,937 O
29-Jun-21 16:29:56 123.00 2 Buy* 120.00 123.00 2.46 O
29-Jun-21 16:29:53 123.00 4,742 Buy* 120.00 123.00 5,833 O
29-Jun-21 16:29:51 121.5001 50,000 Buy* 120.00 123.00 60.75k O
Tells you everything you need to know