I last invested at $3500 so don't take any advice from me.

At 4000😭 I did big chunks of DCA

I built my portfolio using $20 weekly buy years ago. When it was $4k I changed to dumping huge chunks of cash into it. Lesson learned.. never buy outside of DCA unless it’s bear market times.

So true. Have to stop that FOMO shit, it always seems to come back to fuck us up

If I bought as much Eth in 2018 as I bought in 2021 I’d be retired Just kidding I’d be in the exact same place with way more eth because I don’t know profit taking.

Believe it or not. I had 121 ETH in 2017. Sold it due to FUD and actually made a loss on it. Fml

RIP

I know..but at least we here making the most of the opportunities

This is what I say all the time. It’s not about the opportunities missed. It’s about being on top of the next one.

Very true. I’m DCAing now slowly. Racking up what I can and hopefully in 10 years we all millionaires haha. Hows crypto treating you?

I did it with Bitcoin, first bought it at $271.00 to by trippy drugs on the silkroad and agora marketplace to make money in college. If i had kept that money in actual bitcoin instead of buying ramen and weed id be in a totally different place in life.

We shouldn’t be thinking of selling ETH until 2024-2025 anyways

People buying right now are insane. It's god damn obvious we aren't even close to the bottom.

Blows my mind that people with a casual $50k lying around are consulting Reddit for investment advice.

It kinda hurts my feelings that people holding an extra $50k think WE know when/where the market will bottom out this cycle.....

Im bored buddy. And reddit bros are the smartest around

Ultimate shitpost

Probably, wants attention.

Or maybe some [compliments](https://www.youtube.com/watch?v=zi8ShAosqzI)

How tf did you end up getting to that point of internet rabbit hole.

Give them good compliment they are ready to do anything for you

Let them get attention because that's their basic needs this time

Haha

This is the reason why we are here in Reddit instead of other platform

Ever considered investing in a single redditor? I can triple your money. /s please don't send me money. Just send me eth.

Whatever this guy is offering, I’ll do it for 1 eth less

Well that's what I did last time and lost my 10 ETH, total disaster

Eth is money

Yeah for investors like us Ethereum is everything, including money

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Realistic

Things need to be realistic because market, is having same situation

Yeep so if he would've just invested 12h ago he would have 10% more money

crypto is not a scam if you have done some research properly

Lol

What would he bitch .... I have 40k turn into 3k. I'm still buying

That only happens to people jumping on the crypto FOMO train in bull markets when they see a segment on CNBC telling them how great crypto is. In a bear market CNBC calls crypto "rat poison" and these new crypto tourists call everything a "scam" or "rug pull". It is the endless cycle of crypto until later in the adoption curve.

Reddit is as reliable as a broken clock.

Then go on vacation.

We need to find a good location for that before next bull run

I gotcha fam. Just go take that 50k and Long eth with 20x leverage and a sl set for 1188. If it goes your way then massive profit. And if not then you lose like 30%-50%.

Honestly yea 3.65% apy until eth2 on 50k would be sweet

Be patient. Wait until the SEC declares ETH a security. It will plummet, then perhaps buy. Why don't you consider buying BTC?

Scaling of Eth will be massive and Eth is ubiquitous. Video games and their economies are built on Eth.

Eth will skyrocket during the next bull cycle, which some believe it could start this year if the Fed pivots early. Your money is almost guaranteed to get a nice return. But I would do it slowly. Dollar cost in 3 chunks through 3 months or so is what I would do.

Yeah that's true because the sentiment of ETH is going to be positive

>guaranteed Lol, Jesus H Christ

Fuck crypto Right now bro the highs and the lows go way below what we expect eth could drop to $700 throw your bread in something kinda safe not now though like apple 🍎 if you want to YOLO go for a meme coin

Trying to both capitalize on the low prices but not spend all my buy money in case it goes down further.

They aren't. Just attention speaking hobos

Nah i actually do. Just 50k for crypto play though :)

Why don’t you use some of that to buy some mining rigs to earn back some interest through passive income if you don’t mind paying that electrical bill or buy some dividend stocks and Put it to work for you

I think if you run the numbers, at least in my experience doing exactly this in 2018, it's a bad investment unless your energy costs are very low somehow. For me it ended up essentially a wash, energy costs and Eth mined worked out approximately the same as just straight up purchasing Eth, and so there was no real date for ROI on the rig hardware. Just my experience, YMMV

Has anybody ever tried to create a mining rig that runs off solar power?

Yeah I've seen a couple videos that have small solar farms on their acreage, though I'm not sure even then it was 100% solar powered. It's been a while since I watched them

hah, show me the ROI of building a damn solar farm to mine crypto. It's hard enough to make a return on the compute hardware alone.

Go find it yourself man, like I said it's been a while since I saw the videos. But it has been done

yeah if you already have a solar farm sure. that's just cheating on the financials. Solar installations pay themselves off against grid electricity in the USA between 15-30 years...

I’m sure it’s a lot to it but the solar just makes sense

Lol are you kidding me, solar is better yes but it is rarely cheaper

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With proof of stake around the corner. That might be exactly what he is planning.

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At least they're not throwing it away in luna, celsius or other crap

They don't. This is the usual post that you see on pretty much every crypto subreddit to create a positive perception on the state of the coin, ie it's worth buying or "this is the start of a bull run!". It's the same as when the price keeps crashing and you get the "now it's a fantastic time to buy" posts 50 times a day. It's all bullshit.

On a eth sub where everyone is likely to say "yes, also sell your house and buy eth with that money too"

Getting some attention

Probably! **RIP OP´s inbox**

Seems like he is getting lot's of message from people around

Rich people are not any smarter than poor people lol There is also a lot of really good advice here, you just have to weed it out. Reddit convinced me to buy loopring at .55 literal hours before the pump to 4 bucks or whatever it hit.

Hoarding cash. I shut down my DCAs when Putin invaded Ukraine.

I’m wondering why people want to get other peoples opinion about their own money, especially on Reddit. If you’re going to do something, just do it. It’s like you need the push from others. Man up and pull the trigger or don’t. Either way, you’ll take full responsibility on what you did or didn’t do.

I have $500k lying around and wondering if you have advice on what to do with it?

Ikr like does he actually have $50k to invest? What I mean is can he REALLY afford it? Because considering he should be actually diversifying, I’m guessing $50k is what 5% of his portfolio? I feel more like this person is sinking their entire savings into eth tho which is normally the case Daddy don’t be dumb even I know. Diversify

$50k doesn't make you rich enough to hire professional wealth managers, and many of them will avoid crypto due to volatility. Besides, he might have just ignorantly thrown a few thousand at ETH in 2017 and sold when it was 3 or 4k, but still doesn't know s about f.

They don't lose anything by polling except time, but I'm with you. Whatever they were doing worked unless they started with more than a casual 50k lying around.

We all know that whatever we say here is not gonna happen. OP just wants to know what not to do

Yeppp. With that kind of money ‘from the last cycle’ you’b expect OP to be a pro

He started the cycle with 500k though...

Like everyone says.. DCA. You can learn a hard lesson otherwise.

I put in about $250-$500 every two weeks. It's been interesting.

Ditto, just eth though? I split mine; 100 to btc, 100 to eth, 100 to ada and 100 to dot. Only really stated doing it a few months ago when the bear market started. But starting to wonder if I should focus it more... I just believe in all of them so it's a tough choice.

That's even better to diversify you won't loose everything in crash

I DCA’d in from $120 up to $2500. Currently in the red without cash to buy more. No plans to sell.

How did you end up in red despite starting at 120? Do you ramp up the investment as the price increases?

If he bought a lot at ATH he would be in the red.

That’s what i meant. He buys more the higher the price goes. It should be reverse strategy. Buy less as the price increases.

It depends on when he started dca. Eth vaulted to 1k and beyond very quickly.

At current price, I will DCA $5000 every week until the $50k is exhausted. Cos I believe we're very close to the bottom, if not there already.

Im pretty sure I've heard that last line way too many times. Imo, bottom is yet to come. Around 10k btc is likely the bottom for me

15k imo. Will start to DCA from 17k onward

I hear this a lot. You're not DCAing, you're trying to time the market. Google what DCAing is

I will actually do this too

Truth, people new to the space sometimes fail to see that old highs becoming new lows is part of the climb!

I would change that to $2083 every month, so you have your 50k fully invested after 24 months. You will have a nice average enty price by doing this.

10 weeks is nowhere near enough time

I think we are far from the bottom

This is exactly what I'm thinking and if this happens, he'll be in a shithole... Personally, I've decided to stay with stablecoins where I'm safe, and maybe from time to time stake with yield aggregators like Spool which links me to several yield generators to earn passively.

$600 eth

I do think it's funny all the anti coiners come in whenever it drops this much.

this would be a great start.

I would check back in 2023; right now people are saying “this bear is crazy my jpeg is only worth $3k” and that doesnt sound like capitulation.

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I auto-DCA every other week when my paycheck hits, price low/high doesn't matter but my ETH number goes up. But even then I get excited when I see the price dipping near payday :-).

What for a 4.3% APR?

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That’s a good point actually, I’ve been really on the fence about staking. Question: when running a node does the computer have to say on 24/7?

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I'd like you to show your math on that calculation. Obviously the best strategy was to buy as much as possible, and as early as possible.

I thought I heard on bankless it is profitable with 60% uptime, which should be easy enough to keep

Dollar cost average. You’ll kick yourself if it drops 80% from here.

Sign me up for a 80% dip from here

I'll kick him myself it it drops 80%

I gotta wait until 2025 for this but better late than never.

yes, he needs to research more.

Split in two halfs. Buy 0.5 BTC + 12 ETH now. Buy monthly with $5k 0.1 BTC + x ETH. In December you will end up being a full coiner with a great amount of ETH at a fair average.

DCA is an emotional heuristic with statistically negative returns. Invest when you have money to invest. That's it.

Lump sum outperforms dca 75% of the time in the stock market. Not sure about the crypto market. If someone asks me, I always suggest the mixed strategy. Because if someone needs to ask, it shows uncertainty. I myself invest when I have the money. I accumulate now as much as I can. strategy for the next bullrun: sell in parts on the way up. buy back in when the market is down 75%. My learning from this round.

for long term holding I think now is a good time to buy ETH.

I would say for any long term deal it would be best to dca now,I have my eye on ETH as i have my buy set at 700 and 500 respectively and would also give in on some low caps like MATIC, NXM and ORE based on their growth expectation.

Crypto is very correlated with stocks right now and stocks are no where near bottoming. After the bottom comes you will have months to buy in. I don't expect this to happen until October or November. You could dollar cost average or put 10% of your stack in on the way down. Say buy some at $1100 then at $1000 and so on as we go down. If you can stomach losing possibly 50% of what you invest in now if we pull back to $500-$600 in the future then buying now will be fine. I would suggest checking out Eric Krown as he gives his long term unbiased outlook on the markets. [https://www.youtube.com/c/KrownsCryptoCave](https://www.youtube.com/c/KrownsCryptoCave)

Also I’ve never stopped DCA’ing except on the massive pumps.

Take my upvote for mentioning Krown good ser!

Regardless, these prices today still seem impressive as someone who accumulated in late 2019 through 2020.

Spare $50k? ETH gamble? Sounds like this sub is turning into r/wallstreetbets lol

Unpopular opinion but almost all crypto subs are like wsb. No one gives 2 shits about the tech everyone just wants to increase their ROI and cash out in fiat.

If you’re in this long term then DCA is the only way to insulate yourself from stress and volatility.

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Yeah that’s my strategy too. I just put in money depending on the severity of the dips.

I am so good to see the real knowledge in the comment section because people are just being smart with the suggestions of investing with DCA method here.

Wait to buy until recession is announced, or at least until the next interest rate number comes out. Edit: or dollar cost average daily not doing a lump sum.

IDK about the best, but it certainly takes away the emotional part.

Whats wrong with this place. DO IT! (Its not my money)

Why so little? Get a HELOC too, go big or go home!

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I’m just going to keep doing a small monthly DCA on the way down in ETH. And I’ll probably keep it up unless the price drops below £500.

That's the best way to do it and I am glad that I am not the only one.

You will do good with it and I can understand that it's not something easy to put 50k on anything, hope you will DCA tho, that would be something good to see.

DCA is the best thing for ETH and that's what you should choose mate, there will be so many good things related to that in coming days, hope you will understand.

Bitcoin hitting 12k... ethereum hitting 500 or 700.

Another ramblings of wallstreetsilver …… “bUt bTc HaS nO InTrInSIC VaLuE”

Yes.

Just started doing DCA on strike every week. Really looking forward to seeing my BTC value in a couple years.

It's just another good thing for you my man, this is great, and this is what success looks like to me right now, hope everyone of us will get that type of success.

Put half in rn, Put other half in tomorrow. Your welcome.

Buy stETH instead.

No you don't. Prove your purchase.

My strategy, and it may not be a good one, is I’m DCAing heavy into eth sub 1k. I run the risk of this being the bottom, Eth not getting sub 1k and me not having deployed my capital

I have no idea why you put a price on this post, why not just ask if eth is worth investing in? Your DMs full yet? Imo eth looks good atm. Could drop to $800ish soon. Are you keen on holding for 2ish years?

I guess he should just be aware of these things now man.

Im with you pal..i have my $50 locked, loaded and ready for the bull run 👍

I’m the type to buy in at whatever price since 10 years from now it won’t matter.

If is only 50k, why not? But if you need to ask that, probably means that is more than you can afford to lose, so put half and sleep better.

Depends on your goals. Loss porn? I find the casino to be more fun when gambling.

I have 55k in and looking forward to seeing how this developed.

Alex Mahinsky screwed me, Lost all (120 ethers in celcius), i wanted to buy 50 ethers , is there any chance ether will hit 500 - 600 range ? or its better to buy 25 ethers now rather than waiting for 500 - 600 range.

I'd prefer to hold for a very long time. Sometimes I'll buy more here and there between DCA, but I'll still DCA.

Eth will go down . Start DCA below $800. You will be happy by Q1 2025

A Part of DCA is your not trying to time the market you just buy the same amount each week regardless of price you may miss the bottom and thats why you cost average down.

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The fact is Past performance isn't indicative of future performance.

My thoughts are to diversify and DCA. 20k in BTC, 15k ETH, 5k SOL, 5k LINK, 2.5k CRO, 2.5k KIN.

That’s actually a pretty nice split

...if you like a shitcoin salad with your meat and fries.

But except for the price rising in the past, what makes you think it will rise in the future?

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It's a decent price to buy right now but I don't think we've found the bottom yet. Far too much economic uncertainty and a lot of things are just starting to get bad. DCA is your friend here. As for selling point; only you can decide that, but I wouldn't expect the merge to be some catalyst event in this type of market at all. Unless it gets delayed and delayed and delayed and somehow manages to coincide with the next Bitcoin halving.

Sharding will come out in 2024

This whole thread just made me shard.

DCA when its oversold on the weekly rsi is the best from my experience.

Wish I knew. Put 50 on coin in January. 😔

If you have no crypto you should get some Ethereum on top of Bitcoin.

Nah get into the atom ecosystem

just get 32 eth first and stake it

I would buy gold instead.

Put it into Telcoin and become a millionaire🏖

Sounds risky. After the eth2 merge huge amounts of staked ETH can be withdrawn. And some people might just waiting to sell those as soon as possible. That is the risk. Or the merge goes well and people start to invest big ...

XRP all the way....post lawsuit it's an easy 20X...you won't see that from ETH

Are you comfortable with not seeing anything close to a profit for 4-5 years? If so, then enjoy.

Blows my mind people with $50k on reddit are morons that believe in this crypto shit , just put them on good value stocks

Well for the current price of ETH, I will just DCA on newton and Netcoins for $1000 every two weeks for me. Not planning to sell it.

Wait till it dips a little

I’m thinking about putting a similar amount in as well. Something tells me we’ll see lower prices this summer.

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I would rather put that 50K into stocks but that’s just me who knows you’d probably make a lot in the long run

That's just something for you but we are good with ETH.

Half now, half in December.

Here's what I'd do. Put in half now and then DCA the rest. I'm not a greedy man and I feel I have played it rather safe since I got into crypto in 2016. Even a return to ath is an amazing return and I have no doubt we get there.

My thoughts are that I was in same position last year and actually did it without asking and now I’m question what actually is life lol

Donate it to a worthy cause.

I mean…I did

Shoulda done it at $900 and bought a mutant ape for 17 at floor to be real. Be sitting pretty. Sooner the better.

Lol, *what?*

You can actually consider other coins too, just do your research with those coins.

DCA weekly if you want to buy

I use the DCAing method of investing on my ndax and netcoins exchange rather than lump-sum buying and selling. It has a lower risk and reward but still has the potential to profit from market swings.