Taking risks, averaging down, and investing aggressively

I’d like to share some of my thoughts and experiences with other people without dependents. I started off investing in stocks and even that was scary, however, after understanding inflation and compound interest (yeah, the stuff they don’t teach you in school/college), I started investing soon after graduation.

Starting off investing is the biggest huddle imo. Once I put in a few hundred dollars in good stocks, I continued buying them aggressively when they went below my average buying price. People talk about DCA all the time, but I feel averaging down is equally, if not more important especially when you’re actively monitoring your investments.

A few months into my investment journey, I got really into crypto. The tech is revolutionary and there are a lot of quality projects with great dapps and use-cases here. Staking is another thing I absolutely love, seeing your coins grow is great. I’ve moved most of my investments to crypto now and have been buying aggressively and averaging down during every dip, leaving behind 4 months' rent in my bank for emergency cases.

So if you’re in your youth, don’t be afraid. Taking no risks is the biggest risk, invest aggressively in good projects you believe in and hope for the best. Just my 2 SATs, have a good day!