facebookF your investments dropped 30% overnight, would you buy more, hold or sell? - Seedly

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F your investments dropped 30% overnight, would you buy more, hold or sell?

Discussion (4)

What are your thoughts?

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If I have high conviction, I will not fear the drop and presents a opportunity to buy more. Will wait for it to consolidate, one way I learnt from trader is to use the 5 d MA to determine the drop is done.

For the good etfs, I probably buy more. But please research on the reasons for the crash too, it is not normal to drop more than 30 % over one night. This feels like a bank run rather than a market correction.

Depends what it is sia. if its an index etf i'll prob hold and dca abit more, but if its one stock t...

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