XIAOMI Diamond HolderMost stocks are not recommended to hold leveraged ETFs. The decay over a year is terrifying. Tesla didn't rise or fall for a year, but a double-long ETF decayed by 50%. If you're bullish, just hold the underlying stock. Basically, the big players all recommend holding the underlying stock.
$MU 2X Long ETF(MUU.US) You need to hold on to this stock, don't panic easily in the long run! If you have a long-term investment mindset, this 2x leveraged product is highly volatile, but the real core still depends on Micron's fundamentals. Although recent AI hype has caused wild swings, Micron's memory chip demand is still recovering, and its fundamentals are not collapsing. MUU has seen a sharp short-term drop, but looking at a one-year horizon, it's actually quite resilient. The high demand for AI chips or Micron's own product line upgrades may lead to an expectation adjustment, but don't be scared off by short-term pullbacks. Choosing the right price and slowly building a position might present an opportunity💡
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