Can you Retire from Crypto (in less than a year)?
If the past is an indicator of the future (and it seems to be), here is what would need to happen to make it possible.
It’s hard to believe, but Bitcoin is only 11 years old.
Ethereum is only 6 years old.
In this short period of time, a multi-trillion-dollar industry has been created.
As a consequence, this industry has also likely created the greatest explosion of millionaires and multi-millionaires the world has ever seen.
In the next few minutes, I’ll show you how small investments in this industry could yield extraordinary returns — Including the ability to retire from Crypto.
Don’t get me wrong. I’m not saying investing in the cryptocurrency market is an alternative to traditional retirement planning. I just want to illustrate through historical examples that it is entirely possible.
To start, let’s take a historical look at the performance of Ethereum.
The Highest Yielding Investment in the World
Officially launched in 2015, this six-year-old cryptocurrency has accumulated a staggering market capitalization nearing the half-a-trillion-dollar mark.
Ethereum is ranked as the world’s second-largest cryptocurrency (by market capitalization) and within a very short period of time has been center stage to some of the most extraordinary returns the world has ever seen.
According to CoinMarketCap, the ROI for Ethereum (which is calculated at the time the token was first publically issued) is a staggering 111,847%.
However, if you had been one of those investors who had waited a few months for the price to settle down after the initial launch, you could have purchased the token three months later (at its all-time low price of $0.42), for which the ROI of your investment today would be in excess of 752,836%!
$1,000 of Ethereum purchased six years ago is now worth more than $7 million dollars today.
To put these numbers into perspective, if you had purchased $1,000 of Ethereum six years ago (at the low price of $0.42) you would have been able to buy approximately 2,380 tokens.
Today, those 2,380 Ethereum tokens would be more than $7 million dollars.
It is almost inconceivable, but even a meager investment of $150 in Ethereum six years ago (@$0.42) would have bought you 357 tokens. Today, those tokens would be worth more than a million dollars.
Could it be done in less than one year?
Yes. It would be possible to make more than a million dollars worth of Ethereum in less than a year, but a larger initial investment would have needed to be used. Also, since the time frame is less than 12 months, a different time period would need to be used too.
$10,000 of Ethereum purchased in February 2017 and sold less than 12 month later could have sold for more than $1 million dollars.
If you had invested $10,000 of Ethereum on February 11th (2017) when the token was trading for $11.40 you would have been able to purchase ~ 877 tokens.
Those tokens could have been sold less than a year later on January 12th for $1,366 per token, for a calculated total value of $1.1 million.
Essentially, this is turning a $10,000 investment into a million dollars in less than a year. Quiet Extraordinary.
Hindsight is 20/20
Of course, it is easy to make these statements looking back into the past. Yet, it’s the past and our experiences of the past that help to shape the future.
Who could have imagined five years ago Bitcoin would reach +$50,000?
Equally improbable are the ROIs in the thousands of percentages we frequently see in the crypto market.
As incredible as these past events are, they show us examples of what is possible. This industry is not even a teenager yet. It’s still an emerging market and with these types of historical examples, chances are we will again see these types of returns in this market.
A New Breed of Cryptos (Ethereum Killers)
While it is not unlikely to see Ethereum at $10k before the end of the year, this is only a 3x increase from its current price.
A new breed of “Ethereum Killers” has in recent months shown some extraordinary returns. Is it possible one of these projects will be able to exceed the already extraordinary gains made by Ethereum? Maybe.
Only time will tell.
In the meantime, let these examples remind you, that even a small investment in one of these projects can, over the long-term offer extraordinary returns.
As always, do your own research. But if you would rather read our research — You can visit our site here.
Finally, while it wouldn’t be prudent to base your retirement strategy entirely on cryptocurrency investments, to retire in a year from crypto is entirely possible.
Trade Safe.
Richard — Crypto Investor
