Remember when Kodak introduced Kodak coin and Market has shot Kotak up to the moon. These kinds of bubbles that are made of euphoria always burst. 8k Miles rose because of their announcement of blockchain platform. What is the future of that bogus platform?
Now the panic mode is triggered and it will continue falling towards irrational undervaluation (Like it did...
the stock is at alltime high thus no lumsum amount can be invested but as the stock is fundamentally good i feel its a good stock to do SIP
(systamatic investment plan)
for long term
irrespective of bull and bear market
above is not recommendation , but just an idea of how i do invest or trade in a stock.