What Would YOU Do
Hello! Investor with a stupid problem here... hoping to get a good opinion, as it has to do with this stock.
Started investing (generally speaking) in September. So ya, I can sort of justify this shit noob fuck up. But I came by IMSR in October because of that massive price spike... bought 15 stock at 27.40, totaled at 411$. Now the price has been around 6$ since, for a long time.
I understand this will be the case for a long time. And who knows, things could go south. Im just wondering what the better decision is here....
Should I 1. DCA at this low price (that is starting up again) by buying another 15 to at least slighty more than half my average (or go even further to drop it more), or
Should I 2. Cut my losses and gtfo, considering how long this has to go, and my average is SO high? I am down -68% from 411$.
I am not made of money. That halfing DCA amount isn't a big hit to do, but I am super unsure about parking 650-750 for 5 years or more. Im not sinking financially, but im not going up fast, and this economy (I am Canadian) is getting freaky deaky dutch lads.
Anyway! If you take the time to read this, thank you! If you take the time to respond with honest, non-condescending advice, triple thank you!!! And if you just talk some shit and offer nothing (like most of Reddit lol), fuck you motherfucker you can suck my micro-cock. Cheers!