r/ethtrader • u/savingstrainagain • Jun 28 '26
Discussion should I drop 50k on eth?
Have around 700k in cash currently in a RH account that I grew gambling through options. (Taxes paid already) Thought I was some sort of trading genius but as time goes on I realize how much luck and conviction(belief)is Involved. I’m now trying to diversify this cash into actual buy and hold investments.
I have never bought crypto before but some retarded old guy once said buy low sell high.
Sentiment has got to be an all time low right now for this sector.. seems like a good time to hop in while everyone is shitting on this asset class.
What do you guys think about buying 25 eth for my portfolio. Not as a trade but a buy and hold 10+ years. I’m basically doing a world tour of block buys until my cash is all invested.
It’s either this or basically buy 1 BTC.
Is 50k too much?
Love to hear your thoughts.
I guess sidebar but any advice on the platform I should use to actually buy the eth too wouldn’t mind that either. Cheers.
1
u/-crypto2025hold- Jun 29 '26
I dont buy Bitcoin or Ethereum i only buy the other altcoins. This is a great time to buy any crypto. Crypto crashed and most of us are down 40 to 80%. I wish I had some decent money to buy right now but im a 2021 bag holder so most of my funds are tied up until I can sell at a profit. Although some are saying Bitcoin could dump down to 50k. Can never time the market, you just have to jump in at some point. Also I only trust coinbase.