How Many Ethereum To Be A Millionaire? (Crypto Price Prediction)
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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?
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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
39 Comments
Polkadot has at least a 10x potential, and i stake it at 13 percent 😀
Running out of content guys…
Would you rather have $50k in BTC or $50k in ETH right now?
You need 100 ETH according to ACD
i agree
I agree bro! 🥂
everyone is trying to pump ethereum … but no it's dead 😂
$15K for ETH next year; $40K to $50K in 2029 😉
Blocksailor token's safety measures make it a compelling investment choice. Excited to learn more.
How can you tell people to stake their coins? They're not your keys, not your coin period that's just bad advice that's just very bad advice… I definitely wouldn't tell my friend to stake his coins to give somebody else. 's private keys , you gotta be a frigging idiot just to ask everybody who's lost money and bitcoin , that's exactly why
Get ready to witness Blocksailor token's meteoric rise! 💥
Possible but not probable ❤
if you did not buy ETH at 50 USD with current prices you are unlikely to become millionaire unless you are millionaire already and invest millions, people need to take a look at other crypto then ETH to become millionaire ….
When that eth gate hits full effect should loose a lot of mark Cap
and if eth hits 1000000 you only need 1… what a useless video bro!!
It won’t flip btc
Guess what…. Next video will be HOW MANY CARDANO TO BE A MILLIONAIRE 🤡😂🤣
Way more fun make video for $ETC
It’s all about fees. Right now it’s useless. But EIP upgrade in march will reduce fees by 90%
Bag Holders lol
I agree
If you think eth will flip BTC your going to get a rude awakening… Where are you going to get your data from? …
ETH is a great investment
You will be lucky to double your money with ethereum so half a million lol 👎💩
I Flipped all my Sol and Myro to $ROCKY. 100x coming!
I agree!
He lost me at sol……. can't restart a block chain people. …
How many CCP ETH Wallets would it take to rug pull everyone; 50%? 😂
I will be forever grateful to you Mrs Dorothy Robinson, I really don't know how to appreciate you, you change my life and my family situation, a huge thanks to her expert dorothy.
By that time a million bucks will be like having a hundred grand today
I’ll just be focused on bitcoin and bitcoin cash.
Your intro is sounding a lot like financial advice
You’re not bullish enough
Please don't keep doing these moon math videos
current circulating supply of ETH is 120,170,577, max supply is infinity.
Sol will dominate love it or hate it.. next etf after eth and that will flip eth nfa
Eth will only make milionaires out of billionaires.
This should have been a 2017 video not a 2024 video.
Eth is a security fact…………………………………….