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Question whether to sell or not

Hi guys, I’m thinking about my position on $IREN (+6,84%) , I’m currently up to 520% but at his ATH in October I was almost up to 1000%, when it’s gonna beat his ATH (and it will do it for sure) do you think I should sell some to rebalance the portfolio or stay on the boat and continue the journey? All thoughts are appreciated 🫶🏼

p.s

Currently represent almost 30% of the portfolio, I know it’s a lot but it’s my first tenbagger so I’ve never sold it

6 Commenti

TomTurboInvest@TomTurboInvest

Maybe a Trailling StopLoss at least from a portion could be a good approach

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Buyandhold91@Buyandhold91

I think it depends on how big the position is in relation to the other positions of your portfolio. And are there better opportunities for your money?

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GiacomoBenenti@GiacomoBenenti

@Buyandhold91 the only thing that came up on my mind was to sell like 30% of the position and reinvest it on other promising stocks (hopefully getting another tenbagger🤩)

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Buyandhold91@Buyandhold91

@GiacomoBenenti thats a good idea, then is your iren position 20% of your portfolio and you have lower volatility. Hope you get the next tenbagger soon💪 excuse my bad english😂

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GiacomoBenenti@GiacomoBenenti

@Buyandhold91 thank you so much for the advice, don’t worry we understood each other anyway :)

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Igor@Igor

I made the mistake of selling ALL my Tesla stock when it was +400%.
I don’t think it’s a bad decision to take some of your profits. If it was my portfolio I would lower it to 18%ish?

Oh yeah, the profit would be now +2000% if I had the Tesla shares.

I have Iren and I don’t think it’s a unrealistic candidate for 10-20 bagger

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