Tomas Horak
Tomas Horak
Czech Republic
Markets are wild today. We’re seeing sharp drops and a lot of red numbers.📉 What many people, especially less experienced investors, tend to do in situations like this is close their positions at a loss. With a long-term investing approach, this usually makes little sense. You are simply realizing losses caused by short-term, unexpected market moves, and the same mistake is often repeated the next time volatility appears. This mindset is wrong. Don’t act like a trader. Act like an investor. Periods like this should be understood as discounts, not as reasons to panic. If I had closed my investment thesis in 2022 with loss, I would never have achieved more than a twofold performance the following year. This is investing. Long term. That being said - I am adding to my $MU (Micron Technology, Inc.) position.
Not investment advice. The author may have financial interests in the mentioned instruments.
undefined logo
MU
Micron Technology, Inc.
680.57
-0.97 (-0.14%)
null
.