$ILV Adding as it decreases and decreasing the average? I have never seen a more ridiculous idea in my life. Let's say you have $10000. You bought ILV for $73 with the $2000 portion. Admit you were wrong. The timing of this investment was wrong. Then you bought another $2000 at 63 and your average dropped to $68. You want to reduce your costs and make a profit, but the price is far from your average. The price dropped to $58 and you made another $2000 purchase. Your average has reached around $65, but without realizing it, you are getting further and further away from the target. The price dropped to $53 and you made another $2000 purchase. Your average fell to $63.5, but you moved further away from your goal. Knowingly or unknowingly, you are stuck in the swamp. What should we do? Altcoins largely act together. If one is falling, the other is also falling at different rates. Instead of screwing up the investment, watch for a different coin that drops more. If it continues to fall, do not buy and wait. Take it when it starts to react. Rather than continuing the current mistake, continue diversifying your portfolio downwards. Reaction can also be a trap. Then follow another coin and invest in that coin where you believe it will end the decline.
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