Buy and Hold 100 Cryptocurrencies for 5 Years – Official Thread

Anicasalar

member

Activity: 238

Merit: 10

Quote from: Anthony1985 on December 19, 2017, 03:22:02 AM

Hello Everyone,

I started an experiment on cryptocurrencies and I will be posting on this thread the updates.

As the title says the experiment consists of buying the top 100 cryptocurrencies by market cap and holding them for 5 years. I spent $1000 and bought $10 of each.

You can see the main article about the experiment from https://buyandhold100crypto.com/buy-and-hold-100-crypto-for-5-years-the-experiment/

The latest article was made yesterday, where after 10 days the gain on the initial investment was doubled Day 10

Feel free to suggest me anything

Thanks a lot

Quite an interesting experiment you will. I'm even interested in how much income you will finish this marathon. I wish you all the best and see that profits do not corrupt you)

elis74

member

Activity: 268

Merit: 10

As you can see the losses you impressive,especially as a percentage. You do not worry, yet the purpose of the experiment - 5 years, and 1 year only 20% of the total period. There may be errors)

jessyj48

member

Activity: 756

Merit: 14

With 100 different types of cryptocurrency you can't go wrong, don't listen to what others are saying ,you will make the biggest profit in 5years time ,that's a good post over there ,HODL and keep investing if you can because newer projects will solve many issues crypto is currently facing

danfred

member

Activity: 304

Merit: 10

Quote from: Anthony1985 on December 19, 2017, 03:22:02 AM

Hello Everyone,

I started an experiment on cryptocurrencies and I will be posting on this thread the updates.

As the title says the experiment consists of buying the top 100 cryptocurrencies by market cap and holding them for 5 years. I spent $1000 and bought $10 of each.

You can see the main article about the experiment from https://buyandhold100crypto.com/buy-and-hold-100-crypto-for-5-years-the-experiment/

The latest article was made yesterday, where after 10 days the gain on the initial investment was doubled Day 10

Feel free to suggest me anything

Thanks a lot

I love people who are willing to experiment to promote their own brand and the industry as a whole. I like your approach with the fact that it is enough to invest in cryptocurrency and that's enough)

a4illusionist

jr. member

Activity: 365

Merit: 1

And what to do in this holding period ? i don't think most of the people here who have invested in the cryptos can wait that long. 5 years is a very very long investment, i don't think even half of the investors will even survive to see the future after 5 years if the slump continues.

kethan

member

Activity: 232

Merit: 10

Quote from: Anthony1985 on December 19, 2017, 03:22:02 AM

Hello Everyone,

I started an experiment on cryptocurrencies and I will be posting on this thread the updates.

As the title says the experiment consists of buying the top 100 cryptocurrencies by market cap and holding them for 5 years. I spent $1000 and bought $10 of each.

You can see the main article about the experiment from https://buyandhold100crypto.com/buy-and-hold-100-crypto-for-5-years-the-experiment/

The latest article was made yesterday, where after 10 days the gain on the initial investment was doubled Day 10

Feel free to suggest me anything

Thanks a lot

Risky idea. Many analysts believe that this area will last no more than 2 years , but you have decided to play a long-term investor. Let's see where it leads. I hope you get rich.

hirokazu

sr. member

Activity: 672

Merit: 251

Quote from: cryptocyprus on December 09, 2018, 04:52:16 PM

I think that to keep 5 years too long, as during this time the market will have time to fall many times to grow. It is better to sell when you see that the prices are high and buy at lower positions.

But this is how the experiment work, which usually aims to pay attention to whether the price of a coin is more expensive over time while the total supply starts to decrease. No matter what will happen on the next 5 years. after all, this is just for selected people, not for poor traders like us.

Masatos

jr. member

Activity: 182

Merit: 1

This is a good idea since I believe that within five years the cryptocurrency will rise in price very much

fathur01

full member

Activity: 700

Merit: 100

It seems to me that if you buy and just keep coins for such a long period, you will miss a lot of moments when you could sell coins at high prices. On the other hand, this period of time you will still make a profit.

Tilim@Tilim

member

Activity: 350

Merit: 10

Fast, Smart, Trustworthy

I think this is a very successful and profitable investment strategy. However, it is always necessary to monitor the development of the project.

cryptocyprus

sr. member

Activity: 686

Merit: 250

I think that to keep 5 years too long, as during this time the market will have time to fall many times to grow. It is better to sell when you see that the prices are high and buy at lower positions.

RussaX

member

Activity: 80

Merit: 11

interesting project

buy and forget. Let's see which projects will gain 1000% while some others will dissapear.

Anthony1985

sr. member

Activity: 560

Merit: 251

Tic.eth

1st Year of Buy and Hold 100 Cryptocurrencies. The experiment

link to the article : https://buyandhold100crypto.com/1st-year-696-64-usd-69-664-unrealised-loss/

keloy bale

newbie

Activity: 68

Merit: 0

So far it's going really well, but we are in a bullish phase so It's normal. From my understanding, what's good about it is that the cryptos compensate each other. Today the gain is of $3k, will post later about it.

deepali01

newbie

Activity: 98

Merit: 0

For five years you can invest money only in bitcoin all the other altcoyins are very dangerous to keep for so long. But the experiment is interesting, I will follow the results!!!

Ozero

full member

Activity: 2142

Merit: 183

The idea, of course, is interesting, in order to have a general idea of how the crypto-alaota develops and in general, how profitable such an occupation is. However, the success of the experiment will depend on which coins will be included in this list. In general, the information will be very useful.

susutao87

newbie

Activity: 26

Merit: 0

The only time limit should be reduced to 3 years as it seems to me. And since new coins are issued quite often - the top 100 will be difficult to adjust.

ansod12888

newbie

Activity: 28

Merit: 0

That is cool idea, I'll try to follow it. Congratulations for this brave decision and thanks for sharing with the people.

akashark

member

Activity: 387

Merit: 12

5 years old is a very long hold I think. I would prefer to hold bitcoin for 5 years rather another altcoin. Because we don't know what can happen. Like Centra was a very good coin and it was listed on Binance! But at the end of the, it scammed people!

I would like to invest in bitcoin of my 60% of investment and then 20% on ETH 10% On NEO and the last 10% on EOS And I will hold them for 5 years if I got enough money.
But thank you a lot that you are keeping update this thread. Good Luck Mate.

Anthony1985

sr. member

Activity: 560

Merit: 251

Tic.eth

Quote from: siap86 on May 05, 2018, 11:03:28 AM

I think experiments do not hurt, but how do you choose 100 coins from 1700? Because that is the main problem. I think if your method is successful there will be many people who will follow it.

I just picked the top 100 by market cap

Topic: Buy and Hold 100 Cryptocurrencies for 5 Years – Official Thread (Read 2488 times)