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does averaging down actually work as a strategy?

...
gay nudist range brethren
  03/18/18
It depends on the asset in question. If you know what the...
insanely creepy contagious athletic conference
  03/18/18
so if an actual bottom has been set as a precedent in the hi...
gay nudist range brethren
  03/18/18
it depends - from my look at BTC and ETH's chart, they are a...
insanely creepy contagious athletic conference
  03/18/18
ty extrmely CR ill give you the crypto space is 99% shite...
gay nudist range brethren
  03/18/18
That strategy makes sense but be warned that it is still ext...
insanely creepy contagious athletic conference
  03/19/18
180
gay nudist range brethren
  03/19/18
I am currently averaging down on Wmt, AMZN and XOM - shrewd?
Aromatic fantasy-prone scourge upon the earth
  03/19/18


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Date: March 18th, 2018 6:45 PM
Author: gay nudist range brethren



(http://www.autoadmit.com/thread.php?thread_id=3922286&forum_id=2#35633273)



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Date: March 18th, 2018 6:59 PM
Author: insanely creepy contagious athletic conference

It depends on the asset in question.

If you know what the assets are and they produce a stream of earnings (or rent), yes.

Even in some cases where something does not produce anything, but lets say it costs $30 to produce a barrel of Oil - anything below $30 less costs of storage is a good thing to average down on. Same thing with a ton of Copper or an ounce of Gold where there is consistent demand.

It all goes back to demand for the good in question or ability to produce.

Now in the case of cryptocurrency...



(http://www.autoadmit.com/thread.php?thread_id=3922286&forum_id=2#35633372)



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Date: March 18th, 2018 7:00 PM
Author: gay nudist range brethren

so if an actual bottom has been set as a precedent in the historical trend its worthwhile?

(http://www.autoadmit.com/thread.php?thread_id=3922286&forum_id=2#35633379)



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Date: March 18th, 2018 7:05 PM
Author: insanely creepy contagious athletic conference

it depends - from my look at BTC and ETH's chart, they are at a post euphoria phase in the bubble - this is where there is a slow bleed until everyone who was swept up in the mania sells (sort of like post-crash Nasdaq)

Now, during this phase one of two things happens: The asset in question collapses and drops to nothing due to the lack of demand

OR

Real innovation begins to occur and sustainable and tangible growth starts to happen. During this period in 2001-2003 or so you could have acquired Amazon, Priceline and Cisco to name a few companies which had been ludicrously overpriced during the bubble phase for a bargain, and if you held made life changing long term money



(http://www.autoadmit.com/thread.php?thread_id=3922286&forum_id=2#35633406)



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Date: March 18th, 2018 7:48 PM
Author: gay nudist range brethren

ty extrmely CR

ill give you the crypto space is 99% shite, so im consolidating everythign into value investments right now or into Nodes that are essentially bi monthly dividends

the problem as you touched upon is the mania did not allow for bottom price discovery for the shitcoins and/or most people have amnesia with the historicla bottoms of BTC/ETH

im just gonna average down the "winner" im consolidating for now and then killself if i lose everything in 6 months



(http://www.autoadmit.com/thread.php?thread_id=3922286&forum_id=2#35633662)



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Date: March 19th, 2018 12:00 PM
Author: insanely creepy contagious athletic conference

That strategy makes sense but be warned that it is still extremely risky due to the nature of crypto

(http://www.autoadmit.com/thread.php?thread_id=3922286&forum_id=2#35637389)



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Date: March 19th, 2018 4:40 PM
Author: gay nudist range brethren

180

(http://www.autoadmit.com/thread.php?thread_id=3922286&forum_id=2#35639475)



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Date: March 19th, 2018 5:03 PM
Author: Aromatic fantasy-prone scourge upon the earth

I am currently averaging down on Wmt, AMZN and XOM - shrewd?

(http://www.autoadmit.com/thread.php?thread_id=3922286&forum_id=2#35639651)