$Tesla Mot_老虎社区_美港股上老虎

2021-10-23

$Tesla Motors(TSLA)$ Legit noob question: if a person buys Tesla at 900 & the price drops to 890, the person could buy the dip to do dollar cost averaging (dca); what about someone who had bought Tesla shares at a much lower price, e.g., 500? Would or should this person buy & add stocks at 890? I'm asking because I saw a Tesla stock holder who bought the stock at an average price of 500+ ask in an online forum if he should buy Tesla stocks now & someone told him yes. But when I raised the question of dca as above, the same person didn't reply.

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Reinbow
2021-10-23
Reinbow
its a matter of whether the person has conviction for the stock. if you do, and is a long term investor, then yes you should just dca upwards cause your goal is to increase your holdings.

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