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<p>[QUOTE=&quot;Endeavor, post: 2668532, member: 60292&quot;]I mostly agree but I&#039;m going to play devils advocate for a moment here...</p><p><br /></p><p>You could have been purchasing dips since high $40&#039;s and have a low DCA. It&#039;s called having lots of money and discipline. Now between $7 and $12 I would say impossible since it hasn&#039;t been below $14 in ages (and if you did buy when it was below $12 why on earth didn&#039;t you sell at $30+??), but low $20&#039;s DCA is realistically possible within the range from $49 to $14. And low $20&#039;s I would say has a good chance of someday getting &quot;close to even&quot;. You would have had to buy a disproportionate amount more (in dollars) below $20 than you did above $30, but it&#039;s mathematically possible.</p><p><br /></p><p>Of course this martingale approach can really put you in a deep hole that could take a long time to get out of should price continue to drop or stay flat, but as long as you do it without over leveraging your cash you could always stay within striking distance of getting even.</p><p><br /></p><p>EDIT: If you never cut losses and take a DCA approach I highly advise to not have to pay &quot;maintenance&quot; or &quot;swap&quot; fees on your position.[/QUOTE]</p><p><br /></p>

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