Topic: Buy and Hold 100 Cryptocurrencies for 5 Years – Official Thread - page 2. (Read 2488 times)

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.

Still doubled so I can't complain 

Week 21 – $1153 USD / 115.3% Gained

After a long break due to work, I’m back to write a bit update.

It’s been 21 weeks since I started the experiment. Since then a lot has been going on and I’m glad to see that I’m still gaining $1153 and 0.12 BTC.

The price of Bitcoin is currently at $ 9831, showing a bit gain since the bearish phase going on since March. Is this the beginning of a Bull Run?

The dominance of BTC is at 36% and the Market Cap at 465 Billion, definitely showing a good come back of the cryptos in general.

A nice thing to notice about the experiment is that so far only 29 cryptos are in minus, which means that the (CryptoETF100) is performing way better than a single crypto. Also the gain in BTC is at 0.12 BTC , more than double of what I originally invested.
 
Let’s talk about our Top3 cryptocurrencies.

With an impressive gain of 2090.56 %  Tron (TRX) is the overall winner. The $10.04 originally invested are worth now $219.86, not sure if there is another crypto that performed this well lately! With the almost imminent lunch of the Main Net I’m sure this is going to be a fun ride! 😉

The second overall gainer is Verge (XVG) a crypto with a massive community, one of the biggest in the crypto world. Even with a lot of controversy XVG is still performing really well. With a gain of 916.09$ n the experiment this is definitely a coin that is making the difference!

Lastly Vechain (VEN), I’m sure many of you have heard about it and to be honest I’m not impressed by the gains. VEN is believed to be one of the most promising projects. The 18 VEN I bought 21 weeks ago with $10.11 is now worth $98.75, big gain true, but I’m very positive about a bigger gain, especially with the lunch of the Main Net with Masternodes at the end June!

Link to the article : https://buyandhold100crypto.com/week-21-1153-usd-115-3-gained/

Im sure today your portofolio shinking a little bit. Cause i see red at every market i know.

yes, I choose 10-20 altcoin too for my long-term investment because I think this coin list will give a big profit for me in the long run so I am trying to buy that coin even for the just small amount. I am sure that in 5 years, every coin in my list will getting increase and give me a huge profit and besides that, I still want to search another coin to hold.

Long-term investment should pick about 10 altcoin that you trust! The number 100 would be too big for a long-term investment! I usually choose 10 altcoin on the # 100 top of https://coinmarketcap.com

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

Very interesting experiment. I think only two ways here, crypto will grow or not and there will be no crypto after 5 years period. Good luck.

Experiment still running 

The overall gain is of 451 $. The best performing coins are still Tron , Verge and Vechain!

https://buyandhold100crypto.com

Yes that’s a possible scenario,look for example at what VERGE has done in these last days

It is a good idea for everyone, I mean even with lower cryptocurrencies, if one of them is going to grow on the extreme percentage, which happens not that rare, you still will get a lot of benefit from it.

In 5 years you will make X100. My prediction. In general, a very interesting experiment. The main thing is not to lose access to your assets and survive 

I heard many people want to hold many coins for more than 5 years but the reality they are giving up when they think that the crypto can stay any longer and they decide to quit from the crypto. there are still a few people that could hold many coins for 5 years or more because they still need to make money for their life and without doing any other works, they cannot make money. besides that, they need to think how much price they need to sell so they can predict how long they should hold the coins.

yeah good idea too, good luck and share also the result after few years after that here

true, choosing the right coin is maybe 50% and sometimes willingness to back out is required. Fomo and bias are bad advisors.

SURELY IF ANY ONE HOLD 5000$ AMOUNT OF BEST COIN OR TOKEN, AFTER 5 YEARS HE MIGHT BE THE TOP 100 RICHEST MEN IN THE WORLD. BUT THE WAY IS NOT PLANE, EVERY DAY YOU HAVE TO FIGHT WITH YOUR MIND WEATHER THE MARKET GOES HIGH OR LOW.

Im sure today your portofolio shinking a little bit. Cause i see red at every market i know.

Lol is a good experiment) I will follow with interest. Think, at least you will increase your capital five times. The best strategy is long-term holding.

I think 5 years is too long I guess we are all millionaire but we can try that as a test and a challenging part for us as a crypto holders and traders. Maybe 2 to 3 years is good enough as long as you hold your coins and when the time that the market is high you can sell it in a higher price to get a good profit. And 5 years is a life killing to wait and you have to risk everything and anything for that year. And also hold your crypto coins for a better future.

I’m looking forward to your experiement, 100 tokens or coins are a lot of coins to look out for but I am quite interested what the result will be after 5 years. I think you will gain huge profit based on the initial amount of investment you started with, 5 years is not that long and I wish you good luck with your experiment. Just keep hodling!