How To RETIRE on ETHEREUM by 2025 | How Much Ethereum Do You Need?

cryptocurrency 1 year ago

In this video, we will go over how to RETIRE on Ethereum by 2025 and How much #Ethereum do you need to retire early on #cryptocurrency! So if you have been thinking about early retirement, then be sure to watch this video! Enjoy! ⚠️GET FREE CRYPTO AND STOCKS 👇 💰 WeBull - Get 4 Free Stocks: 💰 Robinhood -Get 3 Free Stocks: 🚀 BECOME A CHANNEL MEMBER👇 ⮕ ⚠️GET FREE CRYPTO:👇 💰 BlockFi (up to $250): ​ 💰 Coinbase ($10): Intro 0:00 Ethereum (ETH) 0:43 There are hundreds of bad coins out there in the market, but there are a few coins out there are worth taking the risk and holding on to them for the long run, such as Ethereum, Cardano or Polygon Matic and Bitcoin but only a few are worth holding for retirement! So be sure to watch the video "How To RETIRE on ETHEREUM by 2025 | How Much Ethereum Do You Need?" To get a better idea of why Ethereum could make for a great retirement plan! For example, we already had some major Ethereum upgrades and one of them being the EPI 1559, and the shift from proof of work to proof of stake, and these changes are going to make ethereum's transaction fees much lower and ethereum will become deflationary, and also the complete elimination of mining, which will reduce carbon footprint by 99 percent, and this will make ethereum a green technology, this is some of the reasons as to why we should all keep an eye out for Ethereum and think about it in the long term. First, things first, let’s go over why EThereum could make for a great retirement plan. Now, Reason number 1, Beyond being crypto for the sake of crypto, Ethereum has a specific objective and well-defined use cases. It solves difficulties for many developers by letting them create distributed (non-centralized) programs that cannot be taken down, and its smart contract implementation is unparalleled. This last element is, without a doubt, the most crucial aspect of the Ethereum ecosystem today. Self-enforcing contracts are being marketed as a means for two parties to create contracts without the need for a middle man, as well as a solution to contract disputes. Ethereum is an innovative, money-saving technology because it has the ability to eliminate third parties such as banks, brokerages, and clearinghouses. The increasing tide of DeFi should result in increased use of this platform, which may be used to issue new cryptocurrencies or generate and exchange nonfungible tokens, often known as NFTs. Second, we already have many Fortune 500 companies working with Ethereum, two of them being, JP morgan and Mastercard. Third, With the launch of EIP-1559, a new feature of burning coins took place removing coins from circulation once new ones were issued, stopping the increasing supply of Ethereum without establishing a supply cap. And this in turn can have a big influence on the price, long term! As the supply of Ether will be limited by burning coins, which could cause SCARCITY, therefore increasing the price. Ethereum 2.0 will see the network move from a proof-of-work (like Bitcoin does) to a proof-of-stake consensus mechanism. Ethereum 2.0 will enable the network to grow from about 30 transactions per second to up to 100,000 transactions per second by using shard chains, in addition to being less energy-intensive. So those are some of the reasons as to why Ethereum could make for a great retirement plan! But besides that, we will also go over how much you will need to retire and go over some places in the world that have a very low cost of living to retire comfortably! Be sure to subscribe! Enjoy! DISCLAIMER: You should not take any of this information as guidance for buying or selling any type of investment or security. I am not a financial advisor and anything that I say on this YouTube channel should not be seen as financial advice. I am only sharing my biased opinion based on personal experience. It is important to keep in mind that there are risks associated with investing in the stock market and that one can lose all of their investment. AFFILIATE DISCLOSURE: I only recommend products and services I truly believe in and use myself. Some of the links on this webpage are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe
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