12H·

Sell, take profits or hold?

Im currently holding $NBIS (-1,98 %) and have a 150% return on it. Therefore the stock has also grown to a 16% size of my portfolio, which is quite large in my opinion. Yet I do think $NBIS (-1,98 %) will become bigger. What are your opinions? Sell, take profits or hold for the moment? 🤔

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6 Commentaires

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Hold or you could utilize a so-called "free carry" strategy: simply sell your initial investment. This allows you to lock in your profits, reduce the stock's weighting in your portfolio, and let the remaining gains continue to run risk-free.
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@Alois_Loves_Stocks I like and practice this approach. You can define a tight trailing take profit to avoid selling too early. For the rest you can define a more loose trailing tp.
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HOLD
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I trimmed my position a little bit very once in a while.
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I took some profit of this small position of mine today (almost 200%). Looking for a setback. I think al these super high expectations are already in the stock price right now. I invested the profits in $NOW.
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