1. Set Your Investment Goals
Short-Term (1-2 years): Speculative, high risk.
Medium-Term (3-5 years): Balanced approach.
Long-Term (5+ years): Belief in Ethereum’s future and ecosystem growth.
2. Decide How Much to Invest
Never invest more than you can afford to lose.
A common rule is: allocate 1-5% of your total investment portfolio to crypto.
3. Choose an Investment Strategy
a. Lump Sum Investment
Invest a fixed amount at once.
Good if you believe ETH is undervalued now.
b. Dollar-Cost Averaging (DCA)
Invest a fixed amount regularly (e.g., $100 per week/month).
Reduces the impact of market volatility.
c. Hybrid Approach
Invest a portion now, then DCA the rest.
4. Choose a Safe Platform
Use trusted exchanges like Coinbase, Binance, Kraken.
For long-term storage, consider a hardware wallet (Ledger, Trezor).
5. Monitor and Adjust
Set price alerts.
Review your investment every 3–6 months.
Stay updated on Ethereum developments (e.g., upgrades, DeFi, NFTs).
6. Have an Exit Strategy
Set targets: e.g., sell 25% if ETH hits $5,000.
Or hold long-term for potential major growth.
Would you like a customized plan based on your budget and goals?
