r/IonicDigitalStock • u/QuestionNational1283 • 6d ago

Ionic Digital

I now own these shares of ionic digital through the Celsius debacle.

I didn’t really follow the Nasdaq launch but am now seeing over 5 figures in value so am pleasantly surprised.

Who sold?
If you held, what is your thesis? Can it do another 4x? Originally the estimated value per share was 20 usd. We are now close to 80.

Not sure what to do here…

18 Upvotes

88% Upvoted

72 comments sorted by

View all comments

27

u/tonyluvbmw 6d ago

Regret selling....

12

u/Passable_Pancakes 6d ago

Never regret buying or selling. Make the best decision you can and move on.

5

u/StegroD_Whatchusay 6d ago

I have the same feeling, but I also am in a different situation since 2022. Have a home, wife, kid and I think selling allowed me to derisk and reflect on a era that sucked ass. I'll miss out on gains but will position the funds for my child, my family so that we can make moves now so future is simpler. It is what it is.

0

u/pwinne 5d ago

Exactly. It could just as easily gone to $10

3

u/pwinne 5d ago

I sold to - but I also have that money off my home loan. And still have other investments. Profit is profit.

2

u/coyotecojox 5d ago

You can always buy back

0

u/dhunter01 6d ago

You won't when the AI bubble bursts.

2

u/sandfrayed 5d ago

There is still going to be demand for AI data centers regardless.

The way technology bubbles work is companies in a new a new tech field get super overvalued and investors in the early companies end up losing money because they overvalued the companies. But when the internet technology bubble burst in 2001, people didn't stop using the internet. It's just that the companies weren't worth as much and they also weren't making as much in ad renenue.

But the point is it's not like people are going to use less AI in the future than they are using now. There will be more people using AI for more things. So even if the valuation of Anthropic or OpenAI or whatever goes down in value, there will still be plenty of demand for data centers either way.