How the Next Ethereum Could Help You Retire a Millionaire

• Over the past decade, Ethereum delivered immense gains for investors, rising successful terms from $3 to $3,000.

• Investors tin either anticipation for an encore show from Ethereum, oregon hunt for blockchain networks susceptible of surpassing Ethereum.

• The astir apt millionaire-maker prospects person a marketplace headdress of $1 billion, implying a aboriginal valuation of $1 trillion.

• 10 stocks we similar amended than Ethereum ›

During the past decade, Ethereum (CRYPTO: ETH) has been 1 of the champion cryptocurrency investments that you could person perchance made. Since its motorboat successful July 2015, Ethereum is up a head-spinning 117,000%.

But aft a decennary of dominance, is it clip to instrumentality a person look astatine up-and-coming Ethereum challengers? If these rivals ever surpass Ethereum to go the apical Layer 1 blockchain web successful the world, their valuations could skyrocket. If that happens, they mightiness conscionable assistance you discontinue arsenic a millionaire.

When it comes to cryptocurrency investing, millionaire-maker mathematics is comparatively simple. The extremity is to put $1,000 successful a comparatively chartless cryptocurrency and past ticker it detonate successful worth 1,000-fold. Doing truthful would assistance to alteration $1,000 into $1 million.

That was the playbook with Bitcoin, which erstwhile traded for conscionable $100 and present trades for astir $100,000. And it was besides the playbook with Ethereum, which erstwhile traded for conscionable $3 and present trades for $3,000.

That's wherefore I'm much funny successful the adjacent Ethereum than Ethereum itself close now. From my perspective, Ethereum does not person 1,000-fold upside anymore. The mathematics simply does not work.

If Ethereum skyrockets successful worth by 1,000-fold during the adjacent decade, past it would connote a aboriginal marketplace headdress of $300 trillion. That's simply unfathomable: It's much than 200 times the existent valuation of Bitcoin. And it's astir 4 times the size of the full planetary banal market.

So, with that mathematics acquisition successful mind, I've enactment unneurotic a abbreviated database of imaginable millionaire-maker candidates utilizing conscionable a fewer elemental rules.

First, the cryptocurrency indispensable beryllium a Layer 1 blockchain web with astatine slightest an extracurricular accidental of supplanting Ethereum 1 day. For now, I'm ruling retired immoderate Layer 2 blockchain networks that tally connected apical of Ethereum.

Second, the cryptocurrency indispensable person a marketplace headdress of astir $1 billion. Roughly speaking, a 1,000-fold summation would beryllium capable to alteration that $1 cardinal into $1 trillion. That's a immense number, but not retired of the scope of possibility. It's astir fractional the size of Bitcoin's $1.9 trillion marketplace cap, and astir 2.5 times the size of Ethereum's astir $400 cardinal marketplace cap.