Sometimes I feel like the market is watching my actions personally.
Honestly.
I bought a coin — it drops.
I decided to put on a smart face and average down — it drops even more.
I averaged down a second time — the market is like: “Oh, is she serious? Then here’s -10%.”
And here I am, sitting, looking at the chart and thinking… maybe this isn’t a bear market, but it’s just against me personally 😅
But joking aside — averaging down is a necessary thing. It really saves you when the asset is solid and you understand why you’re holding it.
But averaging down on everything indiscriminately is a bad idea. Some coins drop not because the market is evil, but because they… well, to put it mildly, aren’t very good.
I realized a simple thing for myself:
you can average down on strong projects, not every token that had a nice name at the start.
Otherwise, you might not collect a portfolio, but a collection of “the cheapest mistakes.”
How is it for you?