Submitted by Mattl54o t3_1004q1u in personalfinance
No-Resolution-4033 t1_j2fngku wrote
Prices could keep going down from here so here’s what I’m personally doing. 33% invested now to avoid potential fomo, 33% for more buys if we continue to go down and 33% for after we have made a bottom on the way up.
[deleted] t1_j2frqq2 wrote
[removed]
No-Resolution-4033 t1_j2fsks8 wrote
The issue then is, how do you know where the bottom will stop and reverse?
Diamond_Specialist t1_j2fsyjb wrote
I was being sarcastic. Obviously nobody knows where the bottom is so your strategy is illogical.
Aelsar t1_j2fv4nl wrote
I mean you could put in say 20% now, and if it drops another 5 or 10% drop another 20% in and so on. It's unlikely it's going to completely wipe out
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