/biz/ - Business & Finance

>>56145124
>15% down
anon I was holding 65% down. Now, at that point, I had two options:
>sell the bottom and lock in losses, then pivot to SPXS and lose even more
or
>buy the bottom and keep buying as long as I'm still below my cost basis
So unless your prediction is that the market is never, ever, going to go up again, I'm doing the logically correct thing. Also I get to sell 29 covered calls.

>>55414361
You jest but if everyone took a pay cut, inflation would go down. Economics is a funny game.

>>54775998
I started buying in October 2021, and solidly half of my cost basis was made in purchases prior to 2022.

If it makes you feel any better, I have also been buying as it went down, and stayed down too.