$Lion-OCBC Sec HSTECH S$(HST.SI)$As of the last few months, this ETF was rising and falling, and I have been DCA, consistently putting a little by little inside. Currently 9 % in the red but still I am holding onto this stock because tech stocks traditionally are a growth sector, they are going up eventually, it just takes time.
For those of you who are also holding the bag like me, try to average down if you can, after that, pls forget about the stock for some months. After all, it is paper loss, but if you sell then its realised loss... if you can gain back those losses by putting it elsewhere then maybe its better for you, but for me I will continue to hold this.
Markets will go through cycles of up and down, does this mean that we in bear market? 🐻
I don't think so yet, it's too early to tell from just few weeks. We can consider the situation of COVID and new strains appearing, as well December being being the month where most people close their trades to end the year, as well as implications of the US market on tech companies in HK. I hope to see improvement next year once all this has been priced in and then index will go up again.
If you have read until the end, thanks and pls share your thoughts also 🙏😊
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- Venus_M·2021-12-17thank you for your input. appreciate it 👍🙆♀️1举报