Price is going down which is good , will buy this cheaper .
It is not good, I lost money if the price goes lower. I bought massive Strat from 37k-43k. I should have bought more when the price was 8k, but no 8k price any more.
You have poor risk and money management. BTW nice to load more Stratis.
Cost averaging Stratis would have been a smart investment strategy. It feels safer and less risky.
cost averaging is more likely to be thee safest and smartest way when it comes to trading.
In general, cost averaging is the worst thing one can do in trading. Now, I'm not saying this applies to all trading, and may not apply to Stratis, in this moment
But it is very important, very important, to note that buying more as the price falls is perhaps the worst thing a trader can do, as a general rule.
Pyramiding into positions as the price rises (perhaps with a trailing stop) is perhaps the best.
But altcoins in this very immature market may for the time being be an exception. Or they may not.
Cut your losses and let your profits run is a proven strategy,
in general.Yea, usually when I decide I want in, I usually just buy all in then. Since I don't trust most exchanges I just want to trade quick and get my coins in my local wallet. So I do it all at once.