#CryptoRoundTableRemarks Ethereum Holders, Are you looking to retire early with ETH? Here are some strategies to consider.
This is one of the current concerns in the cryptocurrency world: to take advantage of the market rise to retire early. Recently, we saw that this could be possible; now let's see what happens with Ethereum.
This time, experts are somewhat more reserved. Traders consider two techniques: buying 1,000 ETH and waiting until 2030 or, as influencer Wages to Freedom suggests, securing a minimum of 143,000 dollars annually to retire in 5 to 10 years.
In the first case, you would need to invest 2,817,540 dollars at the current rate to earn between 5 million dollars and 22 million dollars by 2030, a figure much higher than with Bitcoin. With a budget of 143,000 dollars a year, you could survive 35 years in the most pessimistic scenario.
But not everyone can afford to spend that amount of money! Therefore, it could also be assumed that you need 50,000 dollars in annual income to enjoy a good retirement, or a capital of 1.5 million dollars.
This would require buying an average of 75 ETH, hoping that the altcoin reaches around 20,000 dollars in 2030, or an investment of 210,000 dollars at the current price.