How Many Ethereum To Be A Millionaire? (Crypto Price Prediction)

How Many Ethereum To Be A Millionaire? (Crypto Price Prediction)
🔴 Best Crypto Exchange to Buy & Trade Crypto: https://partner.bybit.com/b/altcoindaily
💰Grab up to $30,000 worth of deposit bonuses ☝️
** Accounts cannot be created within the US.

🟡 Come hang with us at RareEvo: https://rareevo.io/rareperks?tracking=Altcoin-Daily
To Save 5% Off Use Code: ALTCOINDAILY

Hit Like, Share, and Subscribe for more daily cryptocurrency news
Altcoin Daily, the best cryptocurrency news media online!

Follow Aaron on Instagram: https://www.instagram.com/aarontarnold/
Follow Aaron on Twitter: https://twitter.com/aarontarnold

Follow Altcoin Daily on X (Twitter): https://twitter.com/AltcoinDailyio
Follow Altcoin Daily on Instagram: https://www.instagram.com/thealtcoindaily/

Timestamp:
0:00 – How Many Ethereum to be a Millionaire?
1:26 – Ethereum’s value prop (Price Prediction)
7:48 – How Many Ethereum to be a Millionaire?

**Note: My overall opinion is that the name of the game is to accumulate as much Bitcoin as possible. Alts are interesting but a lot more speculative. I use them to accumulate more Bitcoin & Ethereum.

***********************************************************************
🏺Support The Channel!!🏺(We Get A Kickback From These Affiliate Links)

Protect and store your crypto with a Ledger Nano:
https://shop.ledger.com/?r=4b0f6c5711dc

Get $10 Sign-Up & Buy Bitcoin With Swan👇
https://www.swanbitcoin.com/aarontarnold/

Buy Bitcoin with Cash App:
Try it using my code and we’ll each get $5. MMQHWLG
https://cash.app/app/MMQHWLG

Sign up for Coinbase & get $10 in free Bitcoin:
https://www.coinbase.com/join/arnold_a2r

***********************************************************************

Altcoin Daily, the best cryptocurrency news media online!
#bitcoin #cryptocurrency #news #btc #ethereum #eth #cryptocurrency #litecoin #altcoin #altcoins #forex #money #best #trading #bitcoinmining #invest #trader #cryptocurrencies #top #investing #entrepreneur #business #success #investment #finance #motivation #coinbase #stocks #wallstreet #investor #wealth #bullish #bearish #cryptolive #altcoindaily

***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT! USE ALTCOIN DAILY AS A STARTING OFF POINT!

This is NOT an offer to buy or sell securities.

Investing and trading in cryptocurrencies is very risky, as anything can happen at any time.

This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander, harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research.

*The channel is not responsible for the performance of sponsors and affiliates.

Altcoin Daily is an ambassador for: Tomi Network, Xcad
Mint Tomi DNS Domains HERE: https://tdns.network/?l9NgPAJ7jP

Most of my crypto portfolio is Bitcoin, then Ethereum, but I hold many cryptocurrencies, possibly ones discussed in this video.

Coins I hold or will hold more than $1k worth (in no particular order): BTC, ETH, ADA, SOL, DOT, AVAX, EGLD, MINA, SUPER, FEAR, VPP, XCAD, RUNE, XDEFI, OPUL, LINK, RFOX, INJ, XPLOT, REALM, NIF, VPAD, SENATE, SIDUS, FORM, DON, CELL, BICO, SIS, MATIC, IMX, METIS, BNB, MANA, SAND, THETA, TFUEL, GMT, GRUMPYCAT, TOMI, SEED, TET

cryptocurrency, crypto, altcoin, altcoin daily, news, best investment, top altcoins, ripple, best crypto investment, ethereum, xrp, crash, bottom, crash, price, prediction, podcast, interview, finance, stock, investment, too late, bitcoin, cryptocurrency news, bitcoin news, cryptocurrency news media online, defi, ethereum a good investment, best crypto investments, 2024 prediction, should I buy solana?, coin bureau, binance, coinbase, coffeezilla, trading crypto, trade, make money, cryptosrus,

Ethereum has a habit throughout you know a bull market of having these you know kind of crazy uh Catalyst weeks where um you know it can go 5 10 15 20% up in a week and then the question is can ethereum do what the ethereum community

Has been predicting for a very long time either next year or or you following year in the cycle which is flip Bitcoin because that would be the real Catalyst if ethereum is able to flip Bitcoin which you know requires a four or 5x price appreciation relative to Bitcoin

That would extremely uh you know catalyze I think the the next couple of years of activity um and and shift The Narrative ethereum is the number two cryptocurrency many people say it could be number one ethereum is for sure the future of Finance ethereum for sure will

Make a lot of millionaires the only question is will you be a future crypto millionaire you need to have an ethereum strategy if you want to do well in crypto I’m averaging 4.38% staking my ethereum seems like this could really add up especially if ethereum price keeps grinding higher

Watch this whole video let’s talk about ethereum’s current value proposition a realistic ethereum price prediction and let’s answer the question how many ethereum do you need to be a millionaire smash the like button subscribe to the channel let’s jump into it so JP Morgan has been wrong about a lot of things

Been deeply opposed to crypto Bitcoin Etc you pointed out the only true use case for it is criminals drug traffickers anti-money loaring tax avoidance and that is a use case I if I were the governments I’d close it down I do think that they are right on this JP

Morgan says ethereum is likely to outperform bitcoin this year if you study the cryptocurrency market and you follow the crypto Market every day like I do ethereum outperforming Bitcoin is a pretty safe assumption in in my opinion the question is do you think ethereum outperforms Bitcoin again the way I see

It is this ethereum historically outperforms Bitcoin in every bull market ethereum this year compared to past Cycles ethereum as an ecosystem ethereum as a global asset is in a different League it’s in a league of its own plus an order of magnitude better than previous Cycles with regulatory Clarity

With a spot ethereum ETF on the horizon so I’m I want to be accurate with this eth price prediction I’m bullish but I want to be accurate and to have an informed thesis on ethereum’s price we need to have an informed thesis on bitcoin’s price I’m bullish on bitcoin I

Think bitcoin’s going to go a lot higher in the future expert analyst Tom Lee of fundstrat gives his opinion here and to be honest with you guys I think this is accurate I think this is for sure possible and probably even even accurate and if you don’t think that something

Like this is possible I don’t know what to say to you I guess comment and tell me why in my opinion Bitcoin will do something like this and then we’ll use this and talk about ethereum next 12 months uh something over 100,000 you know maybe

150,000 and you know in the next 5 years again it’s you know it’s a there’s a finite Supply and now we have a potentially huge increase in demand with a spot Bitcoin approval so I think in 5 years you you know something around half a million would be potentially

Achievable okay let’s talk about my ethereum price prediction let’s talk about why this is so true and my thesis has a lot to do with where ethereum is from a development level and institutions buying into etherium this is the CEO of synthetics an ethereum based protocol he’s actively building

And highly engaged with the future of ethereum his opinion is well informed here he lays out the value prop of ethereum today you’ll hear my ethereum price prediction right after this clip if we look ahead JP Morgan recently put out a report that said ethereum would outperform Bitcoin thanks to proposed

Upgrades to reduce transaction costs and boost speeds do you agree with that sentiment that the upgrades that are coming are going to be such a boon for the ethereum network um even with you know hype around spot Bitcoin ETFs here in the US or or or the having that may

Drive interest in Bitcoin I think the interesting thing this cycle is that ethereum has now been the number two asset for you know other than like a brief blip where uh Ripple passed it for you know a few months in 2018 2019 about seven years it’s been the number two

Crypto asset right um and for good reason you know it has dominated transaction activity it’s dominated the narratives from nfts to decentralized finance uh and we now are sort of in this position where as Bitcoin uh as it as it typically does at the start of a cycle as the Bitcoin dominant cycle

Starts to grow um what would typically happen is those Bitcoin profits would be rotated out into you know alternative assets right you know uh longer tale assets and ethereum was typically one of those but it feels to me like ethereum is now in a position where it has become

So dominant that people are actually skipping over ethereum and going to things like salana and you know even Layer Two scaling Solutions and you know longer tale assets more speculative assets U and so I think ethereum is kind of a victim of its own success in that

Regard a little bit because it has been so dominant for so long and and people don’t see the upside in it that said ethereum has a habit throughout you know a bull market of having these you know kind of crazy uh Catalyst weeks where um

You know it can go 5 10 15 20% up in a week and I do think we will see that in 2024 um but what the Catalyst will be we don’t necessarily know ahead of time something that you just said goes right into my last question which was what do

You see for institutional adoption of ethereum and you know institutions seem to be getting more and more interested in crypto once again for things like tokenization of real world assets and and so what’s ethereum’s role in that going forward and can It capture that attention versus some of its competitors

I think it will and again you know I think this is what’s going to happen in terms of this slow grind up or you know this slow growth um for ethereum there is no major Catalyst it’s just going to be constant adoption it is by far the

Dominant platform um and you know it’s the the dominant platform for a reason it has the best tech it has the best um you know Engineers it has you know the widest adoption and so I think that as an institution looking to do uh things with smart contracts ethereum is the

Obvious choice you know it’s becoming a little bit like you know the the old IBM Trope of you know no one ever got fired for choosing IBM right and and so choosing ethereum becomes just the obvious default Choice um that said you know I think salana and potentially some

Of the the other chains will have a chance to challenge ethereum um but for now you know it’s really going to be uh I think ethereum’s game to lose and then the question is can ethereum do what the ethereum community has been predicting for a very long time either next year or

Or you know the following year in the cycle which is flip Bitcoin because that would be the real Catalyst if ethereum is able to flip Bitcoin which you know requires a four or 5X price appreciation relative to bitcoin that would extremely uh you know catalyze I think

The the next couple of years of activity um and and shift The Narrative but it’s again you know that’s for ethereum to to kind of pull off ethereum hitting $10,000 I think is very realistic yes it’s a round number no I’m not trying to predict an exact down to the decimal

Exact price it’s more directional it’s more big picture this is more let’s be conservative actually to ensure that millionaire status can be achieved again I think ethereum can hit $110,000 this cycle if Bitcoin really performs well I think ethereum can do a lot more in future Cycles there will be

So many crypto holders who argue with me on this I look forward to reading your comments consider this 10K ethereum might sound too bullish right now but at a certain point in the not too distant future 10K ethereum might sound too conservative and then after this cycle

In a few Cycles from now I think a $20,000 ethereum is possible so 10K ethereum is an easy 4X from here you’d need to accumulate 100 ethereum coins to hit millionaire status 20K ethereum is an easy 8X from here you’d need to only accumulate 50 ethereum coins to hit

Millionaire status let’s talk about these two numbers if you stake your 100 ethereum you would make an extra four to five ethereum on top of this every year if you stake your 50 ethereum you’d make an extra 2 to 2.5 ethereum on top of this every year so my base case you need

95 ethereum to become a millionaire If ethereum Only Hits $10,000 in the next couple years if you stake my bull case you only need 45 ethereum to become a millionaire if ethereum hits 20K in the next several years if you stake let’s check back on this video over the next

Year or so follow for more videos just like this we’re always going to be realistic with you on this channel I plan to make millions in crypto over the next few years drop a I agree in the comments if this is your plan for yourself too see you tomorrow my friends