nothing wrong with averaging down if you have more of a long term play in mind. The only thing i would suggest is too not overextend yourself with the amount of cash you put on averaging down long. Best to always keep some aside for movements the other way, so as to benefit on the swings.

Remember, ng is volitile, and if you stay in one play with all your cash too long, you will miss out on other day to day opportunities

GLTA