I hope this helps:

I'd like to share a thought I've had the past week. A lot of people seem discouraged with their current positions in different stocks. I would like to take the time to try to encourage each of you who may be experiencing these thoughts of "oh man I'm in the red".

I've looked at a lot of stocks, the news, the background, etc. There is something I believe everyone needs to understand. When you invest in "new" stocks in markets such as tech, pharma, etc. there are processes the business has to go through first to reach its full potential. These are sectors concerned with advancing technology.

If you've read some good DD on different stocks, formed an educated opinion, looked at the technicals, got in at a price point, and it is on a downward trend right now don't feel you've "lost" automatically.

Let me give you an example. I bought in on $NIO at around $51. I have seen a change of -$30.84 per share. This seems bad, but I bought in as a long-term hold. If you look at the underlying reason for this it appears the company, as many other EV companies will, face a challenge in manufacturing their products due to a chip shortage (this falls in other businesses as well).

Stay with me please, I'm getting to the point. Let's look at the underlying reason. The only reason is there a shortage is due to the pandemic disrupting supply chains and production. These chips need special areas to be produced, a "clean room". These facilities can take months to years to build. So, what am I getting at? At some point in the future, you may have a great position in the market.

Don't automatically fear the worst, don't feel you have to sell everything because it's "crashing and burning", it may not be, it's just down. The way I see it, the probability that this is only temporary in many markets is high. The air will clear and production I believe will pick back up.

My last thoughts are this, if everything else looks promising in the future don't abandon ship. If the technicals are good, the business model is good, etc. don't feel as if you've failed or chosen a loser. Look at the underlying reason and news for a downward trend or changes in the stock is just as important as buying it, to begin with. In this game what goes down, could potentially also come back up.

Lastly, if you've found you've picked wrong, or can't stay in then take the lesson, sell it, and move on. Any veteran investor will tell you, every single investor has chosen their fair share of "losers". Don't let it get you down. Apple, Tesla, Microsoft, didn't start out as top dogs. It took years.

I appreciate every one of you I hope if you've stuck with me this long on this post you think on this and I hope it helps in some way.

-D