Bought $35 worth of Nxt at about 9 cents each around June. Saw it get pumped to almost 11 cents but didn't sell. Then the price got dumped all the way down to 4.5 cents. Should've seen the pump a mile away but panic bought instead. That sure cost me a lesson I'll never forget.
I certainly hope you don't forget! If you can take the lesson to heart and stubbornly stick to it even at the hottest lesson-melting moment, you will have a virtue that will save you tens of thousands in the stock market some day. It's only a matter of years before the NASDAQ plays host to yet another wild bubble party.
Still hodling though. I still cling onto the hope that Nxt will do a 360 someday and the price will go back up.
My name is Puberty and I am a Nxt bagholder.
That's actually a good idea. My first self-directed foray into the stock market saw me buying a tech stock within a week of its all-time high. No joke.
Strangely, I just sat back and watch the thing go down, down down...but then, after a muddle-through in the doldrums, it started to climb again. So I bought an equal amount, in fiat terms, which netted me 4X the shares. It continued to climb, albeit slowly, unit it spurted up to the point where my whole bag was actually worth a little more than what I had paid for the two tranches.
I didn't sell all that well: I exited with a loss. But, the loss I ended up enduring was far lower (percentage-wise) than the loss I would have had if I had acted like the stereotypical bagholder.
That's what I learned, as a wet-behind-the-ears punter, back in tha day. Seems I keep having to learn the hard way...
But, although I have an indirect vested interest in saying this, Nxt really is one of the best bags to hold. You did pick quality, which puts you a quantal level above the typical bagholder 'round here (like, for example, me
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