Part 6/8:
Long-term investors must withstand the ebbs and flows of the market without capitulating to pressure when prices dip. Many traders react impulsively driven by short-term market fluctuations. In contrast, long-term investors should concentrate on the fundamentals of the business rather than on speculative trading.
Historically, an investor's journey with Palantir started with a share price near $10 in October 2020 before peaking at $120 today. The volatility seen over this period should encourage rather than deter investors who understand the significance of maintaining a low-cost basis. A disciplined approach to dollar-cost averaging becomes essential; purchasing more shares when prices fall and less when they rise can foster strong positions over years.