It is typical for crypto investors to try to calculate the number of tokens they need to accumulate in their desired cryptocurrency to become millionaires. A recent video from Pumpolinsky addresses this for Kaspa (KAS), stating the number of Kaspa tokens that may be sufficient to accumulate based on some future expectations.
Pumpolinsky clarifies that “rich” can vary depending on the country but defines it as having $1 million.
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The Need for 100,000 to 200,000 KAS Tokens
He emphasizes that his views are speculative and not financial advice. He believes that to become a millionaire, one needs between 100,000 to 200,000 Kaspa coins.
The speaker suggests that while 100,000 Kaspa (KAS) might be enough if sold at the top of the market, timing the market perfectly is challenging, so 200,000 coins would provide a safer bet. He believes Kaspa could reach $5 or even $10.
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Show more +He advises against waiting for the perfect price and suggests dollar-cost averaging (DCA) out of the investment.
The speaker encourages viewers to hold Kaspa regardless of their current financial position, stressing that even if they don’t achieve $1 million, they would still be financially better off than before.
The Need for Financial Discipline
Pumpolinsky urges viewers to make sacrifices for one year to improve their financial situation. He advises against wasting money on unnecessary items and encourages selling things they don’t need.
He discusses the benefits of money, including solving problems and improving health care.
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Kaspa’s Current Market Situation
He notes that at the time of the video, Kaspa is approaching $0.17 per coin, with a market cap above $4 billion and a daily volume close to $100 million.
Pumpolinsky expresses caution about short-term price action and advises keeping some funds available for potential retracement. He plans to buy more if prices drop and enjoy the ride if prices surge.
The speaker also recognizes the growth of the Kaspa community, noting over 50,000 Discord members, 40,000 Telegram members, and more than 200,000 followers on the official Kaspa X account.
Pumpolinsky advises viewers to research Kaspa before investing, noting that understanding the project can prevent being shaken out by short-term price fluctuations.
He stresses the potential for growth due to upcoming events like tier-one exchange listings, Kaspa’s first bull run, and the introduction of smart contracts and stablecoins on the network.
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