Don't consider selling before profitability, page-5

Just a common strategy to increase your holding in high conviction stocks gradually as picking a bottom is hard and going all in in one go can be a recipe for pain and losing your money if/when you are wrong. I don't often trade in and out of stocks that I have a strong conviction on. Buying the dips is also a good way to try and minimize buying too much tax; I generally try and hold for more than 12mths to get the CGT discount- it is just trying to buy at lows even though they are not absolute bottoms. With this stock I had a small free carry (~5000 shares) left over from the 2019 run and added to that once it got below $1.70. Did not get the absolute bottom but due to my conviction in the stock bought quite a few. Have not sold any as yet but only have bought one extra tranche due to having the cash to do so but in general don't like to average up too much when I am over weight in any particular stock.

One good trade/investment can definitely set you up nicely just as one bad trade can do the opposite.