$NIO Inc.(NIO)$ a hard lesson learnt. Many suggested that I average down but here is the irony. Should I put my money else where to generate more wealth or should I continue to DCA not knowing clearly whete this stick will head towards. Its an opportunity cost and a high risk to make for this stock. Will I make enough from other stocks to buy myself a good christmas present by year end??
But its a good lesson learnt to invest with two eyes open cause the amount spent to DCA and the amount of sunk costs that I could have invested in a better stock.
Its worth for me to share my experience to other Tigers just like me and we can avoid lots of unwanted losses. Its a trading journey and also an investment journey for me.
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Comments
Is it worth buying now?
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Management should be accountable to shareholders.
Until now not even a single cent is given out to shareholders.
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Sell after report out.
As long as Nio's management is spending big money, investors likely to be concerned about where they're going to get the money.
Share price already diluted to trash level.
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