EthFinance

I'm feeling dumber and dumber each time I DCA into ETH.

I bought ETHE out of FOMO in 2021, and watched it go -90%. I bought ETHW ETF and I'm getting deja vu.

he/him
DSA ✊
Ally 🏳️‍🌈
Crypto-leftist

Aviator, diver, Etherean, nexialist, PhD in aviation ∩ climate science | Host of /diving /ethfinance /eth-staker /geopolitics /science /singapore /thomas

Assuming that buying Ether is a sound long-term investment, I have money in a tax-advantaged account that I allocated to ETH etf.  I do not pay taxes on any capital gains in this account.

Genuine question (not second-guessing your decision), but why did you buy ETFs over the native token? Is there an advantage (fiscal or otherwise) to doing that?

Not that buying native ETH would have been any different price-wise of course

I've been DCAing since 2021, I brought down my average buy price from ~3500 to 1700. Why did I start from the top? That's when I discovered Ether / Ethereum and began investing, sometimes it be like that.

Well the upshot is they’re different vehicles.  

Also, time can heal all wounds.