08-03-2020, 04:56 PM
i am a fan of averaging down, if theres such a thing. most of my decent money has been made only because i averaged down, since i never have perfect timing. its also the basis of dollar cost averaging. whenever i buy i dont hope to have to average down, but i bear that in mind that uncertainty is everywhere n should the unfortunate/fortunate opportunity come where im presented with the option to average down, if i find my thesis still intact, i grudgingly do so. with hindsight that has worked out well on more occasions than not.