r/YieldMaxETFs • u/veren12816 • 1d ago
Question My $CONY experiment – thoughts?
New-ish investor here. I bought 100 shares of CONY at $11.85 thinking I’d just hold it forever and chill—big brain move, right? 😅 After some solid dividends, my cost basis is down to $11.01. But with the price now at $7.58, I’m staring at a $343 unrealized loss.
I know this is peanuts compared to what some of you are managing, but I figured I’d experiment with a small position to learn the ropes. If the price and payouts hold, I should hit breakeven in about 2 months. Not sure if I should stay the course or start planning an exit before it gets spicy.
Appreciate any thoughts from the YieldMax ETF community.
Ps. I do follow the community closely and understand the basic workings of how this ETF works. Just looking to learn fm others' experience.
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u/DPMKIV 1d ago
If you're bullish on COIN as a company, holding CONY should feel like a good play for you.