Quote from: Anthony1985 on February 05, 2018, 05:26:13 PM

Quote from: South Park on February 03, 2018, 07:12:00 PM

Quote from: Anthony1985 on December 19, 2017, 08:22:02 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

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.

I will just be holding the 100 cryptos I got, no changes will be made, no sell or buy or whatsoever

These 100 coins are here to stay

Ok thanks for the clarification, I'm bookmarking this since it will be very interesting to see the result of your experiment, by what I know you are going to do great obviously some coins are going to underperform but you will obtain great profits since many coins with lower market cap will grow several times its current value, do you have any plans to invest more each year? Or this is all the money you are going to put in the experiment?