Hello #Binance Community 🌹
The price of Ethereum is currently \$1,849. If #Ethereum rises 70%, the price of Ethereum would be \$3,143.30. This means that if you invested:
$100 now, you would have 0.054 Ethereum, which would be worth $52.55 if Ethereum rises 70%.
$1,000 now, you would have 0.54 Ethereum, which would be worth $525.55 if Ethereum rises 70%.
$10,000 now, you would have 5.4 Ethereum, which would be worth $5,255.55 if Ethereum rises 70%.
$100,000 now, you would have 540 Ethereum, which would be worth $525,555 if Ethereum rises 70%.
To make:
$100k, you would need to invest $18,827.90.
$1M, you would need to invest $188,279.00.
$10M, you would need to invest $1,882,790.00.
Of course, there's no guarantee that Ethereum will rise 70%. In fact, it's very unlikely. But if you're willing to take a risk, then investing in Ethereum could be a way to make a lot of money.
Here are some additional risks to consider when investing in Ethereum:
Volatility: The #cryptocurrency market is very volatile, and the price of Ethereum could go up or down sharply.
Risk of fraud: There have been a number of scams involving cryptocurrencies, and there's always the risk that Ethereum could be a scam.
Lack of regulation: Cryptocurrencies are not regulated by the government, which means there's no guarantee that you'll get your money back if something goes wrong.
If you're willing to take these risks, then investing in Ethereum could be a way to make a lot of money. But it's important to do your research, understand the risks involved, and make a decision that's right for you.
It's also important to remember that the price of Ethereum is not the only factor that will affect your profits. The amount of Ethereum you buy will also affect your profits. If you buy more Ethereum, you'll make more money if the price of Ethereum rises.
So, if you're thinking about investing in Ethereum, it's important to consider all of the risks and rewards involved before you make a decision.
THIS ARTICLE IS NOT FINANCIAL ADVICE !
