I bought Nio at $65 yesterday (all time high) and am regretting it a little. Should I hold or sell Nio?

Based on what you bought it may seem expensive. Since you have already bought the share due to FOMO probably, go and study the fundamentals of the company.

One way you may want to go is to look out for how the company progresses over the next 5 years your P/E ratio could have reduced to a level which is cheaper in valuation. unfortunately these days it is much harder to find companies who are cheap in valuation now.

if you find that the company is not going to progress in the next 5 years than better to cut your losses and buy a company you will believe in.

Generally, stocks like Nio are pretty violatile. While Nio has an amazing upside, there is also a real possibility that the company can still fail. On key earnings and other operational metrics, Nio isn't that great. It is still an extremely young company, looking to turn a profit.

Having said that, NIO announced a partnership with Intel to build a Taxi Fleet back in Aug 2020 and that could really boost revenues. Additionally, Nio has partnered with Nvidia and Qualcomm in the development of the next generation of automated vehicles. .The company also has a big investor in Tencent Holdings.

If you had already made a large investment play into Nio, my recommendation would be to hold it for the longer term.

Hey i also bought NIO when markets opened monday after NIO day, thought prices would dip as people take profit but it didnt . FOMO’ed and got into at 64.45. Today the price is at 56.31.

I am as bullish as i can be for NIO, with the Chinese Government aiming to have 50% of their EV market be Chinese made, the frontrunners are Xpeng and NIO. Government’s gonna heavily subsidise and aid its own Chinese companies to strive and be a superpower in it. It already has one of the largest lithium reserves set to be used for its markets.

NIO will have its dips short term but as how their business model is, i see huge huge potential for the asian market in the near future if they sort out production and batt swap tech. Given the “Made in China” campaign iniciated by the Government, you’d see more support for Chinese companies as compared to Tesla in China.

Dont worry, average down your position. Dont buy high sell low!!

Hope this helps😀

Let be give you some food for thought just like what @billy ko.

I agree with what @billy ko said. There is no wrong behind speculation. Most people are gamblers, they want to seek excitement. Just know that odds are against gamblers. BE WARN!
Questions to ask yourself if you are a speculators :
Are you going to proceed? If yes, how long? Or what price do u want to let go? If go down, how? Cut loss? Prey that it will go higher?

Since you are going long term, I assume you are an investor?
PLEASE ANSWER THESE QUESTION AND PLAN YOUR NEXT Move? No point panicking.
1. What is the company about? What's so unique about nio that makes you or others buy?
I understand that every one is getting hype about EV. Tesla, nio, xpeng. People forget about reality, about risk. Tesla primary revenue is from automobile and same goes for NIO. They have competitors? Ford, Toyota, Nissan, GM, Audi.... Everyone wants to steal this EV or autonomous vehicle market. Who's the winner? Who knows? U need to manage your risk.

2. Apparently, everyone declare that tesla will be one of the winner. Then why the shift from tesla to NIO? After nio day, some people are convinced that NIO would be one of the market leader. Are you?

YouTube, financial institutions have their own opinion. You need to create your reasons and evidence. Your investment thesis.

Good news for you: EV mass adoption is just at early stage

Choose if you want to suffer from psychological warfare every day, mins, secs. Or an investor with a piece of mind

Happy investing