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"Get rich or die tryin" with ETH?

By Vladan Lausevic | CryptoVlad | 20 Apr 2023


Pavle Marinkovic writes via Medium about the potential of Ethereum (ETH) as an investment and provides a breakdown of the minimum amount of Ethereum needed to reach the top 10% net worth percentile in various countries by 2025. The assumptions used for the calculations include Ethereum reaching at least its previous all-time high of $4,892 and possibly hitting $10,000, a 2.5-year timeframe with an intended selling point in August 2025, and the current price of 1 ETH being around $1,800.

According to Marinkovic, Ethereum's extensive range of use cases differentiates it from Bitcoin, which primarily serves as a store of value. Ethereum has experienced significant growth over the past few years, with its price skyrocketing from around $10 in early 2017 to an all-time high of $4,892 in 2021. Ethereum's involvement in decentralized finance (DeFi), gaming, and digital art, among other sectors, has made it a popular investment choice. Experts believe it can reach even higher levels in the next few years.

Marinkovic presents calculations for various countries in different regions, such as the United States, Europe, Africa, South America, Asia, the Middle East, and Oceania. The calculations consider both low-end (selling at $4,892) and high-end (selling at $10,000) scenarios for Ethereum's price and show the amount of Ethereum needed to be in the top 10% net worth percentile in each country.

 

United States

For the United States, the top 10% of net worth is $602,100 on average. To achieve this net worth, an individual would need to acquire:

Low-end scenario: 190.6 ETH (investing $350,100 and selling for $952,600)

High-end scenario: 71.9 ETH (investing $132,300 and selling for $735,000)

 

European Countries

For European countries like the United Kingdom, Spain, and Germany, the top 10% net worth averages are $503,324, $410,500, and $342,951, respectively. The amount of Ethereum required for each country in both scenarios is:

UK: Low-end - 159.3 ETH; High-end - 60 ETH

Spain: Low-end - 130 ETH; High-end - 49 ETH

Germany: Low-end - 108.7 ETH; High-end - 40.9 ETH


African Countries

For African countries like South Africa, Nigeria, Egypt, and Ethiopia, the top 10% net worth averages are $51,596, $51,596, $44,445, and $16,653, respectively. The amount of Ethereum required for each country in both scenarios is:

South Africa & Nigeria: Low-end - 16.3 ETH; High-end - 6.1 ETH

Egypt: Low-end - 14.1 ETH; High-end - 5.3 ETH

Ethiopia: Low-end - 5.27 ETH; High-end - 1.96 ETH

 

South American Countries

For South American countries like Chile, Brazil, Argentina, Peru, and Colombia, the top 10% net worth averages are $90,632, $62,000, $62,000, $50,100, and $25,900, respectively. The amount of Ethereum required for each country in both scenarios is:

 

Chile: Low-end - 28.7 ETH; High-end - 10.8 ETH

Japan: Low-end - 130 ETH; High-end - 49 ETH

China: Low-end - 109.2 ETH; High-end - 41.2 ETH

South Korea: Low-end - 103.6 ETH; High-end - 39 ETH

India: Low-end - 30 ETH; High-end - 11.3 ETH

Indonesia: Low-end - 12.6 ETH; High-end - 4.7 ETHBrazil & Argentina: Low-end - 19.6 ETH; High-end - 7.4 ETH

Peru: Low-end - 15.8 ETH; High-end - 5.9 ETH

Colombia: Low-end - 8.2 ETH; High-end - 3.1 ETH

 

Asian Countries

For Asian countries like Japan, China, South Korea, India, and Indonesia, the top 10% net worth averages are $410,500, $344,715, $326,895, $95,000, and $40,000, respectively. The amount of Ethereum required for each country in both scenarios is:

Japan: Low-end - 130 ETH; High-end - 49 ETH

China: Low-end - 109.2 ETH; High-end - 41.2 ETH

South Korea: Low-end - 103.6 ETH; High-end - 39 ETH

India: Low-end - 30 ETH; High-end - 11.3 ETH

Indonesia: Low-end - 12.6 ETH; High-end - 4.7 ETH



Middle Eastern Countries

For Middle Eastern countries like Saudi Arabia, United Arab Emirates, Turkey, and Iran, the top 10% net worth averages are $273,200, $251,300, $104,000, and $40,000, respectively. The amount of Ethereum required for each country in both scenarios is: 

Saudi Arabia: Low-end - 86.4 ETH; High-end - 32.5 ETH

UAE: Low-end - 79.4 ETH; High-end - 29.9 ETH

Turkey: Low-end - 32.9 ETH; High-end - 12.4 ETH

Iran: Low-end - 12.6 ETH; High-end - 4.7 ETH

 

Oceania 

For Oceania countries like Australia and New Zealand, the top 10% net worth averages are $360,000 and $264,000, respectively. The amount of Ethereum required for each country in both scenarios is:

Australia: Low-end - 113.8 ETH; High-end - 42.8 ETH

New Zealand: Low-end - 83.5 ETH; High-end - 31.4 ETH

The future of Ethereum appears promising, but as with any investment, there are no guarantees. Ethereum's potential to make investors rich by 2025 is evident from the calculations presented in the article. However, it is crucial to remember that cryptocurrency investments are subject to volatility and risks. Potential investors should conduct thorough research, assess risk tolerance, and consult financial experts before investing in Ethereum or other cryptocurrencies.

 

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Vladan Lausevic
Vladan Lausevic

Based in Stockholm, Sweden as a social entrepreneur. Working with decentralization of democracy, climate transformation and economy. For more info, please get in touch with me via [email protected]


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