Thread by @BobLoukas

New Project.

Taking 100 $ETH from my IRA Trust.

Going to stake in ETH2 Validator.

10yr horizon. Should compound to around 175 ETH by yr 10.

Should generate 12ETH per yr income, tax free/life. Principal untouched.

12ETH x (Price 2031) = Yr Income.
Risk is $200k or 100ETH.

2/ Of course could trade it. Play the Cycles and v.likely come out more ETH over period.

But already do that. This portion of funds allocated to long term investment ignoring market timing and about long term cap appreciation/income.

Planting a tree. l'm an investor + trader.

3/ Logistically, established trust's years ago using sensefinancial.com - (Not ad or referral) giving checkbook access.

Created Trust accounts at PAXOS. You buy ETH in TRUST'S name for record keeping.

So validator gets fed ETH from Paxos then back later for conversion.

4/ Last piece not complete yet is building the ETH2 Validators using AWS. Working through that process now of building using some resource guides I found. Working through this now.

consensys.net/blog/featured/…

5/ In the end, it's part journey, tinkering in new-age tech, learning process, and of course alternative investment.

I see things on time-frames and can operate ideas independently on each. I respect the power of time.

Will update when done.