Sofi is near a capitulation point where long term buyers will be rewarded.
I believe soon it is likely to pullback more and make yearly lows in $13 -$14 range before bottoming because it has been weak recently with a booming Nasdaq and S and P 500. Looking at the charts on Sofi and broader markets , tech will likely pull back slightly, and Sofi will drop 2X the amount of most things with its Beta and now horrible sentiment.
A lot of people with averages above $20 will capitulate soon and sell on the cheap imo and that will mark the start of a turning point with a bit of a recovery whilst still being in the teens.
This year is not likely to be a mega bull year for Sofi ofc with rates , inflation ect. but buying in now or the 5-12% lower that I can see happening soon should look great by next year at $28+.
This year may not get much above low 20s unless macro considerably improves but even $22 a share would be a nice return after buying in around now.
Do other people see a flush out and lots of people giving up soon? Looking at Socials its close imo. Thats when you want to buying ofc.
I dont think holding a decent amount of Sofi is a problem no matter what happens, problems arise is when your portfolio is 30% + Sofi theres potential big opportunity costs in owning it.