Post
Topic
Board Mining (Altcoins)
Re: how fast do you earn ETH by staking?
by
bitquad
on 20/04/2023, 09:47:47 UTC
I have some funds earning ETH on Coinbase at 3.72%. That means if you have 1 ETH sitting on Coinbase for a year, you’ll earn something like $6 worth of ETH per month. Not exactly retirement money but there’s also hope that the value of the ETH will increase giving you a gain and raising the amount of monthly interest you receive from staking.
So far I have earned around 4.2 ETH via staking on Coinbase. I started staking in 2021. I plan on starting multiple solo staking with ETH. I am not interested in trading crypto because of the tax nightmare. I'd rather accumulate more ETH slowly via staking and pay taxes on the interest payouts. I personally am bullish about Ethereum and think it will go well above $10,000 eventually. It might even go to $180,000 - per Cathie Wood. Of course, Bitcoin would be at around $1 million or more. The way I see it the Ethereum supply is 6x the Bitcoin supply so it makes sense for Ethereum to eventually settle at 1/6 of the BTC price.  A fair value ETH price with BTC at $29,000 is around $4,800. Ethereum is currently undervalued compared to Bitcoin. And we can thank Gary Gensler of course for that.

https://ultrasound.money/