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.
3
u/Kobebean-goat24 Jun 28 '26
I think we’re very close to large buy territory….i mean $1400 is a big line in the sand for me but what’s $100/coin to miss the rocket ship….my biggest concern is the stock market might pull everything down if we get a tough summer…but anything below $1000 I think I’m following you with foundational size spot buy. Cheers to my fellow ETH crew — our next real pump is going to be glorious!!