Topic: Buy and Hold 100 Cryptocurrencies for 5 Years – Official Thread - page 4. (Read 2468 times)

Are you going to adjust your portfolio or are you just going to hold, what if in a year the coin at the spot 100 is now 273 in market cap, and another coin took its place at the 100 spot, for what I understood it seems you are going to hold no matter what but it could be nice to hear from you an explanation about your strategy to deal with this since the market is not static at all.

This will be interesting to watch! The idea is very good and will be interesting to many. The only time limit should be reduced to 2 years as it seems to me.

That's great, So I guess your profit should be really big, or am I wrong?

Why not. I've been doing the same way. But total investment is more $15,000.

Well it's bad, but not so bad I would say 

Week 8 – $918 USD / 91.84% Gained

It’s the 8th week since the experiment started, and guess what? I’m still making a profit 🙂

What’s happening in the crypto world it’s just unbelievable. Seems like everyone is against it and doing whatever is possible to put it down, we had previously the re-Ban from China, all the FUD about South Korea, then this week India going heavy on traders, Facebook and Google not allowing any more adds about Cryptos and lastly Bank of America not allowing any more to buy cryptos with their credit cards. To don’t even talk about the majority of the exchanges not allowing anyone to make new accounts and some of them adding absurd fees to deposit, as if their heavy fees on withdrawals weren’t enough. What I find absurd is that a few months ago there was a lot of FUD about how slow and expensive it was to send BTC, and now that the Lighting Network is finally out, with more than 1000 active nodes, making BTC transition super quick and cheap, the price is at the lowest since November 2017! Does all this make sense to you???
Bitcoin (BTC) price is at the moment $8,633.14 USD.  and the dominance is 35.2%, a bit more since last week.

The unrealized gain of the experiment is $918.44 USD or 0.11 BTC. After this massive catastrophe, I still consider myself lucky, if I would have kept only Bitcoin the value would have been now less then half.

This week 25 Cryptocurrencies are in minus since the beginning of the experiment.

With an overall gain of 91.84 %, the 100 cryptocurrencies together (CryptoETF100) performed better than 62 cryptos from the ones I have.

Continue reading : https://buyandhold100crypto.com/week-8-918-usd-91-84-gained/

This is a nice goal! I'm also eager to collect atleast 10 each of those altcoins out there but I think collecting 100 is much more fun. I've bookmarked your blog planning to read it later when I have time. Hope everything will be great after 5 years considering the dip now that will surely pass after a couple of weeks.

How's the balance after the bloodbath in cryptos of today? One thing is to watch this project when things go well, but I am especially curious when things go bad.

Investing on more cryptos gives for sure more chances, and makes it more interesting.

A while ago I would only invest on Bitcoin and Litecoin, but nowadays there are so many interesting cryptos and it's hard to don't invest on them

That's also true.

With time I'm learning more about coins that I didn't even know and consider before.

Actually thanks to the experiment I found out some very cryptos and bought it for myself, making a nice profit 

I remember I have already read something like this. Probably it will really work. Suppose that there is 80% probability of a success here. However, there is also the simplest way to pick alts: check their cap and hold top-10 of them. Or top 20.

It sounds very interesting.Now I'm thinking about increasing the number of coins in my investment portfolio to at least 30-40 coins. May be it will increase my chances that some of them will go to the moon
But from the other side I can lose everything...

3 coins to keep for 5 years

Bullion set to surprise in 2018

Moving to masternodes (earnings from 9% to 18% per year)
while remaining a piece with low inflation 2%.

Bullion will be listed in usd on www.coinbook.com
We all know the effect on a coin when it passes in dollars.

https://bitcointalk.org/index.php?topic=951753.4680




SilentNotary

The first notary of the Blockchain

https://silentnotary.com/




For the longer term Universa

New generation of block chine faster and cheaper than the others.

https://bitcointalksearch.org/topic/ann-universa-blockchain-protocol-for-business-2137898

amazing, holding for 5 years is the same as holding a live load. Probably Profits are very multiples the next 5 years. After buying you never again open or see the world of crypto and after 5 years you see the new price. Perhaps you are very surprised by the benefits.

hmm, I'd like to observe this experiment but it seems to me it would be more profitable for you to invest large sums in the most liquid coins. But your choice is certainly more correct for the purity of the experiment.

This is a great idea, but don't forget that there are most cryptos in the top 200 that are changeable and at the same time we can not compare Bitcoin genesis era with this era. Using BTC as the profit factor, bitcoin started sales at about 0.001$ per coin with its limited supply which can not be available to most coins today. I will try to do 7 usd and lets see what 4 years will say...

There is a huge risk and problem in holding cryptocurrencies for 5 years. You cannot just buy them and leave it like that and look back at it 5 years later. Because some crypto get swapped, changed, forked into a new version etc. And if you miss out on that you have lsot those coins. Like when an alt coin swaps the dev gives notice about this, the exchanges even give notice to take your coins out to do the swap or will do the swap for you. The dev gives a time period when the swap will take place and until when you can swap through him. So if you look at your coins 5 years later and realise some of them have been swapped like 2-3 years ago, don't think the dev will still swap for you, chances are high the dev is allready long gone from that coin towards something else ages ago as well. So when you go into crypto it is best to at least check up news about your coins once per week.

I don't think that you need to buy and hold 100 cryptocurrencies. If you have got a lot of money then you can buy not 100 but several 100. But in $1000 budget, I think 15 or 20 cryptocurrencies would be enough. Just do your own research and buy high prospect coins and hold for several years.

Well, i think you should have reduced that to like 10 0r 20 instead of that 100 of yours. Apparently, investing in just 10 0r so would have yield quick profits in less than a year or more in which you get some doughs quickly to get some other deals done. Instead of you investing meagerly on those 100 coins of yours, you suppose to have consulted people that have gained quite a whole lot of experiences in this field. However, i am not against what you have done, as you said earlier that it is an experiment, I sincerely wish you good luck and great success.

Thanks a lot.

I was lucky to have Tron ,cardano , Vechain, ox on my cryptos. As of now those look like the most promising one