Ethereum

<p><strong>It’s been about 2 years since ETH reached its all-time high price. For those who bought near the top, it may feel like recovery is still a long way off. However, by using dollar cost averaging (DCA) and staking, the picture looks much brighter, <a href="https://www.reddit.com/r/CryptoCurrency/comments/16zhb1q/2_years_ago_eth_reached_its_ath_i_had_a_look_what/" target="_blank" rel="noopener noreferrer nofollow">according</a> to an analyses on Reddit.</strong></p>
<p>Let’s assume we started DCAing $100 into ETH every month starting at the previous ATH around $4810. After 24 months and $2400 invested, we’d now hold 1.333692333 ETH at an average cost of $1799.52.</p>
<p>At today’s price of around $1640, we’d only need ETH to increase 9.7% to break even. That’s much more feasible than the 3x gain needed if we just bought and held from the top. DCA and time in the market really can rescue a portfolio.</p>
<p>Now what if we also staked each month’s ETH purchase, earning a hypothetical 4% return? With staking, we’d now hold 1.38048834776 ETH, an extra 0.046796 ETH. Our average cost per ETH would be $1738.52, $61 lower.</p>
<p>The break even point drops even further, to just +6.0%. Staking provided an extra $76.74 worth of ETH.</p>
<p>The takeaway: Even buying at the absolute peak, consistent DCA and staking provides a path back to profitability. With time, DCA and staking can turn around even “bad” entry points. So while this advice is often repeated, there’s good reason for it.</p>
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<p>The post <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com/2-years-ago-ethereum-reached-its-ath-how-dca-and-staking-could-have-helped-you/">2 Years Ago Ethereum Reached its ATH – How DCA and Staking Could Have Helped You</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

2 Years Ago Ethereum Reached its ATH – How DCA and Staking Could Have Helped You

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2023년 10월 4일에 게재된 다른 기사

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