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John
@silentjohn
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.
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@king
y... you DCA'd from the top?
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John
@silentjohn
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.
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Thomas
@aviationdoctor.eth
$1,700 is a great average buy point. If you can stake and ETH goes back to $3,400, you're conservatively making a somewhat stable/predictable 6% APY on it, which is on par with markets; and with far greater upside above that.
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@thumbsup.eth
DCAing into anything only makes sense over a long time horizon. If you believe in ETH long term then continuing to DCA means you’re going to have a great average price and if it’s in a tax-advantaged account, you’ll reap the fruit of that. Second guessing your conviction is good, to decide if you want to continue, but don’t second guess the approach.
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