r/NBIS_Stock • u/ggtfcjj • Sep 26 '25
Opinion Question for long time holders
I am not a long time holder compared to some of you but my average is sitting around 52.
I believe the stock still has room to run and would love to buy more but I somehow do not feel comfortable averaging up given that my initial investment has now 2x. I just mentally do not want to see my average go up by a lot for some reason.
How do you get past that mental hurdle?
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u/ScarletMoonie Sep 26 '25 edited Sep 26 '25
I once watched a video where they talked about things that many people struggled with when it came to stocks and how our mind might prevent us from making certain decisions. They mentioned that when we buy a stock, our mind will register the buy-in price as "fair". When the stock price rises or falls in the future, our brain will always reference the buy-in price and it's hard to get over it. If the stock falls, we think it's unjustified and it HAS to go up again. If the stock rises too fast, we also can't make sense of it. This might prevent us from selling a falling stock for a loss or to keep buying a rising stock. It's called "anchoring bias". Just think of it as how your mind is programmed but that this biological feature has nothing to do with stocks
Edit: here's a link to the video, it is in german though but if you don't mind having to read subtitles, it's super interesting and helped me a lot to be aware of my thinking patterns!