Limit sell for decreasing cost average
Limit sell for decreasing cost average
Hello everyone, I’m in crypto markets for a year now. I hold some ETH with avg cost of 3.3k USD so I’m down 20-25÷. I don’t like selling for loss but I wonder if it’s a good idea to set a limit sell of 25÷ of my ETH if price goes up 10÷ to buy it lower later to decrease my average cost ?
Luwis K Answered question February 10, 2025
If you want to lower your average cost, and believe the bull market isn’t over, you should just buy now. If you sell your position you’re starting to gamble more than anything.
Luwis K Answered question February 10, 2025