I joined the fray in 2017 at about 45c and have averaged down to high 20c over that time. so I'm still up overall, which is nice, but I was down for a longggg time.
I missed my exit at 97c, but that's on me and I'm happy to sit and wait for the next chance.
ya win some ya lose some, as they say.
imo averaging down is what I would do, or it'll be a long time before you see a return on 70c. some more modest returns on a lower average might be due in the near-term. it's only a loss if you sell, but seeing that red for the next few months (even years possibly) is the hard part for us retail investors. that's why we so often lose out.
but again, all IMO only and DYOR
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1 | 10869 | 0.092 |
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