Crypto Alen addressed a topic around the number of Kaspa (KAS) tokens that can be enough to grant financial freedom. Specifically, he discussed whether 100,000 KAS tokens can give holders the future they desire in this bull run.
Kaspa was sitting at 17 cents with a market cap of around $4.1 million at the time of the video. The analyst emphasized that whether 100,000 KAS is enough depends on one’s situation.
He thinks the main factor to consider is not just the number of tokens held but the stage of life the holder is in. Some countries have lower living costs. In such environments, cashing out a few hundred thousand dollars could change lives.
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Show more +However, in cities with high costs like New York, $300,000 or 500,000 may not be so much.
Potential Return on Investment for Kaspa
If Kaspa is just one of many coins in a portfolio, the returns on 100,000 coins might not make a huge difference in overall net worth. But if Kaspa is the big bet, things get more interesting.
The analyst suggested that if Kaspa hits $3 during the bull run, which he thinks is very possible, 100,000 coins would be worth $300,000. At a more bullish $5, that’s half a million.
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While these amounts could do a lot of good things, like clearing debt or getting into real estate, the analyst cautioned that even at $5 per coin, 100,000 Kaspa wouldn’t make someone a millionaire.
The analyst noted that if Kaspa (KAS) price hits $5 and a holder has $500,000, that sum could do a lot for many people, like clearing debt. However, individuals still have to consider the tax implications of their holdings.
$300,000 to $300,000 is a lot of money, but for one to be a millionaire, Kaspa will have to rise to around $10, $15, or $20. The analyst thinks this is possible in the long term.
The analyst encouraged a long-term perspective, noting that the crypto market moves in cycles and patience could pay off big time down the line. He advised against expecting to be swimming in money overnight due to market hype.
The analyst thinks that Kaspa at 17 cents is still early and the price still has a lot of room to grow. This means the current figure could still be a good price for investors to buy Kaspa.
For those already holding 100,000 Kaspa, the analyst recommended thinking about strategy. This includes deciding whether to hold for the long haul or take profits at certain price points. Having a game plan can help handle the market’s ups and downs and maximize investment.
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