You can tell yourself, “If I don’t sell, I haven’t lost anyt...

You can tell yourself, “If I don’t sell, I haven’t lost anything,” or "Your loss is only a paper loss." While it's only a loss on paper and not in your pocket (yet), the reality is that you should decide what to do about it if your investment in a stock has taken a major hit. It might be a fine time to add to your holdings if you believe that the company’s long-term prospects are still good and you're a value investor. On the other hand, your paper loss will become an opportunity loss if the stock continues to underperform.
$Ford Motor(F.US)$ $Lucid Group(LCID.US)$ $NIO Inc(NIO.US)$ $Rivian Automotive(RIVN.US)$ $Tesla(TSLA.US)$