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GAMBLER'S TRAP: HOW AVERAGING REALLY WORKS AND SHOULD YOU PLAY WITH FIRE? 🎭
Earlier, I shared my strategy of averaging down — when the price drops, you buy more coins, reducing the average cost.
For those already suffering significant losses, averaging down seems like a logical choice, as the thought arises immediately:
💭 'I'm just lowering the purchase price, it's better than jumping into new trades when everything is already falling...'
For those already suffering significant losses, averaging down seems like a logical choice, as the thought arises immediately:
💭 'I'm just lowering the purchase price, it's better than jumping into new trades when everything is already falling...'
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.