My biggest IPO blunder was Blackstone in 2007

My biggest IPO blunder was Blackstone in 2007. Had to wait 8 years before I made my money back, and still made about a 25% gain. I should have held onto it. Would be worth a lot more today! My point being is that, what have you lost if you haven't sold? Nothing. You only lose if the company goes bankrupt. And Greenidge will not be going bankrupt anytime soon. I had high hopes for this IPO, so I entered in at $11.85 the night before, because you never know what way these IPO's will go. The Coinbase (COIN) IPO ended up being the 7th largest IPO in history (by market cap). Yet, having experience with IPO's in the past, I bought a very small stake to see how it would go. At $11.85, my shares were valued at $103.04 at merger.

I'm okay with that. Because the lower GREE goes, I can easily afford to add 3X my small stake and average down significantly. And like Blackstone, as long as I hold, I'll get my money back and then some. Although, I don't think I'll have to wait 8 years. I'm guessing by Q2 easily. Some of you started averaging down immediately. I've said repeatedly, you have to wait for GREE to settle and wait for a new support level. This can take days to weeks!! You're jumping the gun! Some of you sold. Unless you needed the money to live on, why?? Why take such a huge loss? I'll never understand why people don't have patience. And if you needed the money to live on, or it was part of your retirement, etc., why did you invest in such a risky play?$Greenidge Generation Holdings Inc.(GREE)$