this post was submitted on 24 Jul 2025
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I had to check, I never knew Ethereum got that high. It's apparently at 3,600 right now. It passed 4000 twice, hasn't dropped to 1,000 after those but looked like it was at 1800 or something after the crash in 2021.
They had to buy at its absolute peak. Sheesh. Guess if they sell now they only lose like 10%.
if they were the type to buy at 4000 they probably already sold at <2000
That's why you have to buy every day and never sell. Just throw 1,000 in every day for the rest of your life and it'll be fine.
1,000 x 365 ~~,000~~ = 1,000,000 every three years so as long as crypto market doesnt collapse you will die a multimillionaire. You'll also live broke, but that's just something you have to accept.
Edit: there are 365 days in a year, not 365,000. My mind went like 1,000 x 365 = 365,000 = a third of a million. Or a million every three years.
Something is amiss there. Your years seem about a thousand times too long
Yes oops
Jesus, just take the 5% on the million and be happy lol.
I've reviewed my budget and decided this is do-able. 1,000 rials a day till I die.
If I live for 40 years more, and it doubles in value, I'll have $695 when I die!
Somehow i assumed you were talking about dollars or euros. I have heard of this strategy (dollar cost averaging) by buying the same amount on a frequent basis. But i myself would be inclined to spread the risks too though. Best of luck accumulating that $695 though!
Oh no I was talking about U.S. dollars, then I had to fix it to fit my budget of rice and beans haha