I like your idea of putting money in and than if it goes down more putting more in. This is a strategy I often use the first couple weeks after investing in a new coin. If I have enough faith in the coin to invest to begin with and it drops, unless the drop is driven by some horrible news or something, I invest a bit more for the run I believe to be ahead. I think too many people who are now getting into crypto want the "next bitcoin" and don't look at the long term investment. A frequent philosophy when investing is... nothing is a profit or loss until you sell. Thanks for providing Steemit with thoughtful content!
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I like that quote and it's definitely accurate - I hate to think about how many coins I bought WAY TOO HIGH when I first got into trading...
My 7$ Eth are all gone.....
I don't get it? 7 ETH or $7 in ETH?
I bought all my ETH at 7 bucks, sold them around 400 bucks.