‘yes buying lowers average cost to score greater gains later’ ~@starlink
Below is a pic from a previous post of mine showing the exact points in time where an ‘influential’ poster on this forum was telling people to hold, have patience or to top up.
IMO dollar cost averaging in a structural downtrend and ignoring numerous red flags along the way is the sure fire way to financial ruin.
And still, the same person has been telling the forum to top up all the way down from 57 cents to 9 cents. Incredible.
Slow death, page-28
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Last
10.0¢ |
Change
0.001(1.01%) |
Mkt cap ! $41.81M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 10.0¢ | $3.215K | 32.15K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 382305 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 319760 | 8 |
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| SPL (ASX) Chart |