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

October 4, 2023

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, according to an analyses on Reddit.

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.

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.

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.

The break even point drops even further, to just +6.0%. Staking provided an extra $76.74 worth of ETH.

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.

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