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Topic: Buy and Hold 100 Cryptocurrencies for 5 Years - Week 1 - $404 USD in profit - page 3. (Read 659 times)

sr. member
Activity: 560
Merit: 251
Tic.eth
Interesting and very simple. I think this strategy has minimal risk and will give a good result.  I would take the top 10 coins. Now I doubt it. May invest in 100 also?

What do you mean exactly?
member
Activity: 252
Merit: 10
Power to gnomes!
Interesting and very simple. I think this strategy has minimal risk and will give a good result.  I would take the top 10 coins. Now I doubt it. May invest in 100 also?
legendary
Activity: 1918
Merit: 1728
Sharing this cool experiment on crypto, consist of holding 100 cryptos for 5 years, investing $10 on the top 100 on coinmarketcap. So far with $404 USD in profit on the initial $1000 invested seems like the experiment is doing well.

What do you think about it? Could it be an actual good strategy to spread the investment on many coins? has any of you done something similar?

https://buyandhold100crypto.com/buy-and-hold-100-cryptocurrencies-for-5-years-week-1-404-usd-in-profit/

I am not much convinced from your experiment. First reason is that the sole amount is not much to give effective result. If seen singular then only $10 has been invested which isn't enough to take advantage of promising coins due to excessive diversification in shitty coins too.
Then secondly, during last one month Crypto Market was extremely bullish. This may not be in coming months and you may end up bearing losses. Also if you chose some 5-6 promising coins in last month, your profits may have been 100-150% than 40%
newbie
Activity: 15
Merit: 0
respect the  rules similar journey I came across on I am sure you will end up making good money !!
But where is end you will decide !!
sr. member
Activity: 645
Merit: 266
awesome, i mean how someone so patience and just hold the coin for 5 years !! if that that were me i absolutly allready sell it and take the profit, keep it like that mate ill following your blog and see can i get profit too
sr. member
Activity: 560
Merit: 251
Tic.eth
Pretty cool idea. But I am not sure if I would want to hold for 5 years. But then we never know, and you might get lucky and invest in the next facebook or google. I am sure you will end up making good money.

I would sell for a decent profit but then it won’t respect the experiment rules
full member
Activity: 252
Merit: 100
Pretty cool idea. But I am not sure if I would want to hold for 5 years. But then we never know, and you might get lucky and invest in the next facebook or google. I am sure you will end up making good money.
member
Activity: 293
Merit: 12
That's a pretty great start! I'll be following the blog - many of my coins are on that list anyway!
sr. member
Activity: 560
Merit: 251
Tic.eth
Sharing this cool experiment on crypto, consist of holding 100 cryptos for 5 years, investing $10 on the top 100 on coinmarketcap. So far with $404 USD in profit on the initial $1000 invested seems like the experiment is doing well.

What do you think about it? Could it be an actual good strategy to spread the investment on many coins? has any of you done something similar?

https://buyandhold100crypto.com/buy-and-hold-100-cryptocurrencies-for-5-years-week-1-404-usd-in-profit/
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