What would be the advantage of averaging down at $0.50. Is that the bottom? What if it continues on down and doesn't recover. I am going to wait to buy any more until I see several days of upward movement and may not even buy then.
Pumpers always want you to average down. That way the kitty is pumped a little more for them to dump their shares. You are right. Let the share price recover first. As has been said many times. The market can stay irrational longer than you can stay solvent. Nothing is wrong with waiting and watching