Post
Topic
Board Securities
Re: SOLD LoyceVs Legendary 10 Month 10 Person 10 Altcoin Investment Roller Coaster#2
by
LoyceV
on 20/12/2020, 09:48:30 UTC
Alt season seems to started good. Last time it was fun, maybe we can do it again if LoyceV has the time and want to.
I kinda want to stick to this plan:
I've been thinking about a new round for a while now, so I came up with a plan: when/if Bitcoin market dominance reaches 80%, I'll open a new topic for Round #3. It's currently 68.3%, up from 55.1% when Round #2 ended. If I open the topic at 80%, I'm hoping it hits 85% by the time all spots are filled.
Bitcoin is currently at 65.5% market dominance.

Even though altcoins have (more or less) maintained their market share in total, the number of altcoins keeps going up, so their individual market shares are continuously getting diluted more when new altcoins are being added to the pool.



It would be interesting to do a similar experiment in which Bitcoin is used to buy shares (stock). Doing so in December 2017 would have been a good call (in hindsight). But this would violate my broker's terms: I'm only allowed to invest my own money.