Hi, I have a question about averaging and managing my entry price. I recently lowered my average cost on a token by adding new capital at a lower market price. If I sell the same amount I just bought at around the same price, my exchange keeps my average cost the same instead of reverting to my old average. This means I can sell at breakeven, wait for the price to fall again, and re-buy lower to further reduce my average. Is this strategy actually effective in the long term, or are there risks I might be overlooking
#BTC #eth
#BTC #eth