were diluting
-estuviste diluyendo
Past progressive conjugation of dilute. There are other translations for this conjugation.

dilute

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500+ learners.
Our only mistake was not paying attention to how fast we were diluting our own equity in the process.
Nuestro único error fue no prestar atención a lo rápido que estábamos diluyendo nuestra propia participación durante el proceso.
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to boil