The Kaspa price has not been impressive for more than one year. But with its dedicated community, there is so much belief in its capabilities and growth potential. Many people are holding the token for various reasons, and retirement is no doubt one of them. Then the question is: how many Kaspa (KAS) tokens would you need to retire and still be fine?
A YouTube video tackles this exact question. Matt Lutch, who has more than 14 thousand subscribers on YouTube, breaks down different scenarios for KAS holders with retirement aspirations.
Retirement means different things to different people. Some dream of putting their feet up on a beach forever, while others might get bored after just three months of that lifestyle. Your retirement level could be higher or lower depending on where you are in the world and what your idea of retirement is.
In his analysis, Lutch considers a scenario where all expenses are paid for until the next bull run. Based on $1,000 per month for rent, mortgage, and bills for an average house, that would total around $48,000 for four years.
What you'll learn 👉
How Much KAS Would You Need?
Lutch examines several scenarios based on different holdings:
For someone holding 10,000 KAS tokens, they would need Kaspa to reach $5 to cover their expenses for four years ($50,000).
If you had 50,000 KAS tokens, you would only need Kaspa to reach $1 to be covered for the same period. At $2, that would mean $100,000, and at $5, a substantial $250,000.
For those holding 100,000 KAS, even if Kaspa only reached $0.50, that would be enough to cover expenses for four years. If KAS hit $5, that would translate to $500,000.
Kaspa (KAS) Price Action Update
Lutch also discusses recent Kaspa price movements. He notes there was a dip, followed by buying signals around $0.05 to $0.055, when whales and institutions reportedly started buying Kaspa again. From there, KAS experienced approximately a 28% rise.
An important piece of advice offered is to register with multiple exchanges. During bull runs, some exchanges may limit or stop withdrawals for certain coins. Having accounts on several platforms increases your chances of being able to cash out your KAS when needed.
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Lutch emphasizes not keeping all your crypto on exchanges, recommending using them only to buy, sell, and swap. He mentions MEXC as one option that offers valuable information like upcoming crypto events and market data.
Remember that what constitutes “retirement money” varies for everyone. Whether you’re looking for a temporary break or permanent financial freedom, planning your KAS investment goals accordingly is essential.
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