Topic: Buy and Hold 100 Cryptocurrencies for 5 Years – Official Thread - page 15. (Read 2488 times)
December 20, 2017, 11:00:58 AM
Very interesting project, thinking of doing the same. Maybe with the 10-50 coins with $100 each.
December 20, 2017, 10:54:15 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 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
Cool project! It will be interesting to see which of those 100 cryptos will remain in the top 100 for 5 years. I can imagine a lot will have changed by then.
Is there a minimum sell point for you? If coins crash badly or projects are uncovered to be scams, will you keep the coins?
Selling before 5 years is not allowed, no matter what happens
December 20, 2017, 09:45:58 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 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
As things are now, you could give a pen to a monkey and let him (or her) choose and you would have the same chance of an expert analyst, that is, with a 5 years Hodl on market that is different every week.
December 20, 2017, 09:43:40 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 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
Cool project! It will be interesting to see which of those 100 cryptos will remain in the top 100 for 5 years. I can imagine a lot will have changed by then.
Is there a minimum sell point for you? If coins crash badly or projects are uncovered to be scams, will you keep the coins?
December 20, 2017, 09:39:28 AM
Thanks.
I hope so too, but don't mind if they are not, it is just going to be fun to watch this investment bounce around.
It also nice to see who are the daily/weekly/monthly winners and losers without trying to outthink the next big move.
My play in crypto at the moment is split 3 ways:
- A chunk of money sat in BTC, ETH and LTC for the long term
- A chunk of money I use to trade with whenever I feel like it, I suck at this, but hopefully will become a bit wiser and skilled as time passes.
- And now a bit of money to mimic your experiment
And your experiment I think is the one I'll enjoy the most.....
I hope so too, but don't mind if they are not, it is just going to be fun to watch this investment bounce around.
It also nice to see who are the daily/weekly/monthly winners and losers without trying to outthink the next big move.
My play in crypto at the moment is split 3 ways:
- A chunk of money sat in BTC, ETH and LTC for the long term
- A chunk of money I use to trade with whenever I feel like it, I suck at this, but hopefully will become a bit wiser and skilled as time passes.
- And now a bit of money to mimic your experiment
And your experiment I think is the one I'll enjoy the most.....
Well let's see, I will try to update it every day, so we can have as much info as possible.
December 20, 2017, 07:57:21 AM
Thanks.
I hope so too, but don't mind if they are not, it is just going to be fun to watch this investment bounce around.
It also nice to see who are the daily/weekly/monthly winners and losers without trying to outthink the next big move.
My play in crypto at the moment is split 3 ways:
- A chunk of money sat in BTC, ETH and LTC for the long term
- A chunk of money I use to trade with whenever I feel like it, I suck at this, but hopefully will become a bit wiser and skilled as time passes.
- And now a bit of money to mimic your experiment
And your experiment I think is the one I'll enjoy the most.....
I hope so too, but don't mind if they are not, it is just going to be fun to watch this investment bounce around.
It also nice to see who are the daily/weekly/monthly winners and losers without trying to outthink the next big move.
My play in crypto at the moment is split 3 ways:
- A chunk of money sat in BTC, ETH and LTC for the long term
- A chunk of money I use to trade with whenever I feel like it, I suck at this, but hopefully will become a bit wiser and skilled as time passes.
- And now a bit of money to mimic your experiment
And your experiment I think is the one I'll enjoy the most.....
December 20, 2017, 07:45:34 AM
Hi,
Really fun idea, I've decided to mimic you, but I'm 10 days behind, so missed the last uplift.
I'm having a few twists on your concept.
I started todo as much as possible through Bittrex, but there are 2 downsides:
1 - Minimum BTC trade is 0.001
2 - Not all altcoins are listed ofcourse
Due to some fund transfer issues, I've only managed to get 0.001 BTC of the the top 33 altcoins so far.
Still my 0.033 BTC spend from 2 days ago is now 0.0415 BTC as of now.
I'll will build out the portfolio in the next couple of days.
This should be more of a fun ride that just looking at one or two cryptos going up or down, even if the gains may not be as great and the losses greater.... but who knows, the reverse may be true.
Either way this is a fun way to play.
Really fun idea, I've decided to mimic you, but I'm 10 days behind, so missed the last uplift.
I'm having a few twists on your concept.
I started todo as much as possible through Bittrex, but there are 2 downsides:
1 - Minimum BTC trade is 0.001
2 - Not all altcoins are listed ofcourse
Due to some fund transfer issues, I've only managed to get 0.001 BTC of the the top 33 altcoins so far.
Still my 0.033 BTC spend from 2 days ago is now 0.0415 BTC as of now.
I'll will build out the portfolio in the next couple of days.
This should be more of a fun ride that just looking at one or two cryptos going up or down, even if the gains may not be as great and the losses greater.... but who knows, the reverse may be true.
Either way this is a fun way to play.
Hey, that's great to hear.
I used also other exchanges to buy the top 100, there is a complete list on the blog. Check it out and good luck with your 33 altcoins, hopefully in a few year they will be worth way more.
December 20, 2017, 07:28:30 AM
Hi,
Really fun idea, I've decided to mimic you, but I'm 10 days behind, so missed the last uplift.
I'm having a few twists on your concept.
I started todo as much as possible through Bittrex, but there are 2 downsides:
1 - Minimum BTC trade is 0.001
2 - Not all altcoins are listed ofcourse
Due to some fund transfer issues, I've only managed to get 0.001 BTC of the the top 33 altcoins so far.
Still my 0.033 BTC spend from 2 days ago is now 0.0415 BTC as of now.
I'll will build out the portfolio in the next couple of days.
This should be more of a fun ride that just looking at one or two cryptos going up or down, even if the gains may not be as great and the losses greater.... but who knows, the reverse may be true.
Either way this is a fun way to play.
Really fun idea, I've decided to mimic you, but I'm 10 days behind, so missed the last uplift.
I'm having a few twists on your concept.
I started todo as much as possible through Bittrex, but there are 2 downsides:
1 - Minimum BTC trade is 0.001
2 - Not all altcoins are listed ofcourse
Due to some fund transfer issues, I've only managed to get 0.001 BTC of the the top 33 altcoins so far.
Still my 0.033 BTC spend from 2 days ago is now 0.0415 BTC as of now.
I'll will build out the portfolio in the next couple of days.
This should be more of a fun ride that just looking at one or two cryptos going up or down, even if the gains may not be as great and the losses greater.... but who knows, the reverse may be true.
Either way this is a fun way to play.
December 20, 2017, 06:24:57 AM
The idea is really nice and your blog, too. But can you please sort the domain name. It's hard to remember it, without bookmarking it.
December 20, 2017, 06:54:20 AM
The idea is really nice and your blog, too. But can you please sort the domain name. It's hard to remember it, without bookmarking it.
Hahahha I believe it’s a bit too late to do it now
December 20, 2017, 05:59:07 AM
Day 12 – $1119 USD Gained
Day 12, and looks like a small correction on price is about to happen.
So far gained $1,119.09 USD, meanwhile, Verge (XVG) has taken over the first spot on the overall best performer coin, gaining 1082 % on USD and 990% on BTC.
Top 5 cryptocurrencies so far :
Verge (XVG) +1082.46 % , from $9.62 to $113.75
Tron (TRX) +874.48 % , from $10.04 to $97.80
Qtum (QTUM) +433.15 % , from $9.77 to $52.10
Cardano (ADA) +398.77 % , from $9.57 to $47.73
Litecoin (LTC) +281.89 % , from $10.05 to $38.39
Check the whole article : https://buyandhoarticle:to.com/day-11-1280-usd-gained/
Day 12, and looks like a small correction on price is about to happen.
So far gained $1,119.09 USD, meanwhile, Verge (XVG) has taken over the first spot on the overall best performer coin, gaining 1082 % on USD and 990% on BTC.
Top 5 cryptocurrencies so far :
Verge (XVG) +1082.46 % , from $9.62 to $113.75
Tron (TRX) +874.48 % , from $10.04 to $97.80
Qtum (QTUM) +433.15 % , from $9.77 to $52.10
Cardano (ADA) +398.77 % , from $9.57 to $47.73
Litecoin (LTC) +281.89 % , from $10.05 to $38.39
Check the whole article : https://buyandhoarticle:to.com/day-11-1280-usd-gained/
December 19, 2017, 03:44:30 PM
I had the same thoughts, but the experiment is interesting. Added this topic to your bookmarks and sign up on the website. I will follow your experiment, good luck
Thanks a lot. I’m glad some people are liking the project
December 19, 2017, 02:22:52 PM
I had the same thoughts, but the experiment is interesting. Added this topic to your bookmarks and sign up on the website. I will follow your experiment, good luck
December 19, 2017, 01:37:51 PM
I really enjoy these kind of experiments. I don't think it will work (crypto has passed that beginner era so you won't make millions by investing blindly,) But I think it will somehow show good coins..
I guess we will find out in 5 years
December 19, 2017, 12:40:43 PM
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 Here
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 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 Here
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
Excellent idea. I wanted to do the same, not as an experiment but as a real investment. As with stock pickings, it is also difficult to pick cryptos, so as people buy the S&P and Nasdaq indices, you should also buy a crypto index but that is not available at the moment. This won't make you 1000000% but it will give you a nice steady return, with very limited downside, as long as the crypto market does not totally crash.
One suggestion I would have, which you have to do anyway with a 5 year span, is to periodically rebalance the portfolio, say every quarter. So you sell the ones that are not in top 100 any more and you buy the ones that replaced them. This is what any stock market indices too. You may want to weight your investments by market cap as well, as SP500 Index does, but doing it equal weight is also absolutely fine.
Two questions I have are:
- How did you manage to buy all of them? Did you have to open account in like 6-7 exchanges and pay lots of fees to move money around?
- The table you have on your website is very neat with unrealized gain etc, is that something you did or is there a website that we can use too?
Good luck!
Regarding your questions
- I had already accounts on the exchanges I used, it's actually newer exchanges so really easy to make an account and trade.
- Yes I used an app, it's called cointracking.
December 19, 2017, 12:00:20 PM
Day 11 – $1280 USD Gained
Day 11 and the cryptocurrencies are still going strong, gain at the moment $1280.
Top 5 cryptocurrencies so far :
Tron (TRX) +1031.56 % , from $10.04 to $113.57
Verge (XVG) +721.52 % , from $9.62 to $79.03
Qtum (QTUM) +555.84 % , from $9.77 to $64.09
Cardano (ADA) +470.58 % , from $9.57 to $54.61
Litecoin (LTC) +327.91 % , from $10.05 to $43.02
Check the whole article : https://buyandhold100crypto.com/day-11-1280-usd-gained/
Day 11 and the cryptocurrencies are still going strong, gain at the moment $1280.
Top 5 cryptocurrencies so far :
Tron (TRX) +1031.56 % , from $10.04 to $113.57
Verge (XVG) +721.52 % , from $9.62 to $79.03
Qtum (QTUM) +555.84 % , from $9.77 to $64.09
Cardano (ADA) +470.58 % , from $9.57 to $54.61
Litecoin (LTC) +327.91 % , from $10.05 to $43.02
Check the whole article : https://buyandhold100crypto.com/day-11-1280-usd-gained/
December 19, 2017, 10:10:35 AM
Sounds like a fun project. I would have a hard time holding for 5 years. Maybe I could do 1 year. I might try this when bitcoin is going up, and altcoins are way down. Right now maybe bad time to buy when everything is up.
December 19, 2017, 10:08:12 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 Here
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 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 Here
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
Excellent idea. I wanted to do the same, not as an experiment but as a real investment. As with stock pickings, it is also difficult to pick cryptos, so as people buy the S&P and Nasdaq indices, you should also buy a crypto index but that is not available at the moment. This won't make you 1000000% but it will give you a nice steady return, with very limited downside, as long as the crypto market does not totally crash.
One suggestion I would have, which you have to do anyway with a 5 year span, is to periodically rebalance the portfolio, say every quarter. So you sell the ones that are not in top 100 any more and you buy the ones that replaced them. This is what any stock market indices too. You may want to weight your investments by market cap as well, as SP500 Index does, but doing it equal weight is also absolutely fine.
Two questions I have are:
- How did you manage to buy all of them? Did you have to open account in like 6-7 exchanges and pay lots of fees to move money around?
- The table you have on your website is very neat with unrealized gain etc, is that something you did or is there a website that we can use too?
Good luck!
December 19, 2017, 10:03:26 AM
Im keen to follow a similar path, save having to do analysis for coin picking 
Was there an easy way to identify all the exchanges to cover the 100? Or is it click through each one on CMC?
Will you do any quarterly/annual review on the coins held? The 100 will look different by the end of the 2018 (it will be different by the end of the day...).
Was there an easy way to identify all the exchanges to cover the 100? Or is it click through each one on CMC?
Will you do any quarterly/annual review on the coins held? The 100 will look different by the end of the 2018 (it will be different by the end of the day...).
It wasn't hard, I made first a list of all the coins I was going to buy and then from CMC picked the exchanges I'd use.
I'm making daily small reports for now and weekly accurate ones.
December 19, 2017, 10:01:51 AM
I think you should reduce 100 cryptocurrencies to 10 and you will be solid, just pick promising ones not just random ones, read white papper, check social media , do some research on it, and your investment will pay off
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