Everyone says time in the market beats timing the market, and whilst I largely agree, this ignores the fact that 1/x is an exponential function, so if stock Y is at $200, there's a much bigger difference between an average of $5 and $10, than there is between $50 and $60 - and this effect is more extreme the lower the value. Whilst everyone knows a lower average is better, intuitively it feels like a linear scale, when in fact it's not.
This isn't clear, conclusive advice; ultimately, it's still probably best DCAing, but something interesting to think about.
[https://www.desmos.com/calculator/aksgdc7f1m](https://www.desmos.com/calculator/aksgdc7f1m)
