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Author Topic: Buy and Hold 100 Cryptocurrencies for 5 Years – Day 10 – Doubled  (Read 450 times)
hwrathy
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December 18, 2017, 07:53:05 PM
 #21

What exchange platform are you using that it provides all 100 of the cryptos you are currently trading in?
I love the display of your profit/loss. I would love to emulate that.
Minnaja
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December 18, 2017, 08:27:22 PM
 #22

For beginners to buy and hold is the best way to multiply capital. Therefore, I recommend to all who came to the world of crypto currency, just choose a few coins from the top 10 and keep them for several years

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December 18, 2017, 08:30:58 PM
Last edit: December 18, 2017, 10:28:56 PM by khaled0111
 #23

This is the greatest strategy, all traders should do the same.
When buying many cryptos you will be sure some of the them will skyrocket and recover those falling.
Now that you doubled your capital, I think it will be wiser to sell 50% and thus you will have nothing to lose (pure profit).
Anyway, with such strategy, risks of losing are insubstantial.

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oscarrsm
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December 18, 2017, 08:52:48 PM
 #24

Oh, you post updates every day. This experiment is very interesting because you can see the weighted average profit of most part of the market. Separately, something is growing, something is falling. Here the concept is to look at a large piece of the market in dynamics. Great idea.
Anthony1985 (OP)
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December 18, 2017, 09:17:45 PM
 #25

This is the greatest strategy, all traders should do the same.
When buying many cryptos you will be sure some of the them will rocket sky and recover those falling.
Now that you doubled your capital, I think it will be wiser to sell 50% and thus you will have nothing to lose (pure profit).
Anyway, with such strategy, risks of losing are insubstantial.

Not allowed to sell, the experiment has to run for 5 years.
Raist
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December 18, 2017, 09:52:51 PM
 #26

After only 10 days since the experiment started the gain is now double.

https://buyandhold100crypto.com/day-10-doubled-the-initial-investment/

From 1k USD to over 2k USD  Grin

Wonderful idea. That's how history is writing down. Wish you good luck with experiment and really hope that during this 5 years crypto market will stay alive.
Willitivity
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December 18, 2017, 09:56:21 PM
 #27

Actually, this is a very innovative approach bro trading, am most fascinated by the idea innovative method of keeping tabs on your trading.  I think I would be emulating this and integrate into my trading technique.
I would like to know if you would be updating the blog daily for the next five years.
Anthony1985 (OP)
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December 19, 2017, 04:36:39 AM
 #28

After only 10 days since the experiment started the gain is now double.

https://buyandhold100crypto.com/day-10-doubled-the-initial-investment/

From 1k USD to over 2k USD  Grin

Wonderful idea. That's how history is writing down. Wish you good luck with experiment and really hope that during this 5 years crypto market will stay alive.

Thank you, I really appreciate.
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December 19, 2017, 04:42:31 AM
 #29

Awesome. Interesting take on altcoins and congratulations on the doubling! I might just do the same thing, but with less coins of course.

The only thing holding me back on doing this is the fact that you don't have any bitcoin. If bitcoin's value surges upward, your entire portfolio will be down. The fiat value of your altcoins may be the same, but your value in bitcoin would already have been much less than what you could have had.

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Anthony1985 (OP)
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December 19, 2017, 06:37:29 AM
 #30

Awesome. Interesting take on altcoins and congratulations on the doubling! I might just do the same thing, but with less coins of course.

The only thing holding me back on doing this is the fact that you don't have any bitcoin. If bitcoin's value surges upward, your entire portfolio will be down. The fiat value of your altcoins may be the same, but your value in bitcoin would already have been much less than what you could have had.

So far also the value in BTC is rising, but let's see how it goes.
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December 19, 2017, 06:49:54 AM
 #31

Watch out for day 20 when the Bubble will Crumble! If you are long on any coin, day 10 is not something to celebrate. It's either you take your profit and close your position to re-enter at lower price or you hold!

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theory_of_computation
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December 19, 2017, 06:51:51 AM
 #32

Very nice project. I will follow your blog to check out the results after some time Wink
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December 19, 2017, 07:06:27 AM
 #33

After only 10 days since the experiment started the gain is now double.

https://buyandhold100crypto.com/day-10-doubled-the-initial-investment/

From 1k USD to over 2k USD  Grin

Interesting experiment, Nah i just thinking what about if that more than 100 Cryptocurrencies, are you interested to trying it out ? Cheesy
Anyway thank Dude for your experiment, I think i'll try When I have enough money
ozgur35
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December 19, 2017, 07:14:41 AM
 #34

Woah, such a nice experiment Smiley As long as you hop into train, you probably would get 10-20x soon or later, the point is realizing the train  Wink
KingKrypto
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December 19, 2017, 07:20:54 AM
 #35

After only 10 days since the experiment started the gain is now double.

https://buyandhold100crypto.com/day-10-doubled-the-initial-investment/

From 1k USD to over 2k USD  Grin

So you put 10$ into each coin?
Cryptotally
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December 19, 2017, 07:30:50 AM
 #36

So many wallets!

Otherwise, I'd have done the same a long time ago.
Anthony1985 (OP)
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December 19, 2017, 07:36:33 AM
 #37

After only 10 days since the experiment started the gain is now double.

https://buyandhold100crypto.com/day-10-doubled-the-initial-investment/

From 1k USD to over 2k USD  Grin

So you put 10$ into each coin?

Yes that's right, $10 of each.
Rudementry
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December 19, 2017, 10:08:55 AM
 #38

Now the market is growing and I'm glad that you have doubled your investments. When the price drop starts, do y not want to sell the part to buy then cheaper? You say that you will not touch the investment for 5 years. Dude, you have a lot of willpower.
penig
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December 19, 2017, 10:26:02 AM
 #39

How do you find managing the different exchanges, is it a hassle?  Do you have second accounts from those you may use for other portfolios?  One I note has a poor rep to losing/locking peoples accounts, are you concerned you'll lose a chunk due to this?
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December 19, 2017, 12:14:25 PM
 #40

Very nice idea man, congratulations ! You have actually inspired me to do the same.
Good luck to us !

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