Quote from: iphmp159 on August 04, 2018, 03:29:14 AM

Quote from: kedochanh26 on August 02, 2018, 03:41:09 AM

looking at the price chart of Bitcloud, you can easily see that we all stayed at good entry point.
https://coinmarketcap.com/currencies/bitcloud/
Bottoms likely found, it's time to bounce back.

It have to un-avoidable bounce back after losing around ten times of my bought price.
I bought BitCloud around 2.5k satoshi.
However, I gonna HODL my coins and wait its exponential rise till the end of 2018.

better is to double ur ammount of BTDX by just increase ur invest by 10%

and additional move ur earn trigger from 2500 satoshi down to 1500 satoshi

Quote

Average Down

WHAT IT IS:
Average down (or averaging down) refers to the purchase of additional units of a stock already held by an investor after the price has dropped. Averaging down results in a decrease of the average price at which the investor purchased the stock.

HOW IT WORKS (EXAMPLE):
Suppose Bob holds 10 shares of XYZ stock that he purchased at $100 per share (for a total of $1,000). Following a market price drop to $70 per share, Bob purchases 10 additional shares of XYZ (for a total of $700). This results in an average purchase price of ($1,000 + $700)/20 shares = $85 per share, lowering the original cost per share by $15 ($100-$85=$15).

WHY IT MATTERS:
Averaging down allows investors to lower their cost basis in a stock, reducing the amount the stock must rise in order to show a positive return. However, it also means if the stock continues falling, losses will be greater since more shares are now owned.