Somewhat new to the game. I currently have a little over $5,000 on a stock (got in at its lowest point about a month ago) and it’s projected to rise 170% by this time next year. It finally started rising this week, much like everything else, so I know not to get my hopes up TOO much, but the way I see it, i can’t really lose all 5 grand unless I just watch it plummet and do nothing about it right? Like I’ve told myself if it drops 20% from my average price and it has no sign of coming back up, I’ll just bite the loss, as that is my max amount that I am ok with losing. But am I missing something else that could happen where I could lose all of it? Any advice would be great. I know this is Reddit and everyone will call me stupid, regardless but figured I’d ask lol
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