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Author Topic: Buy and Hold 100 Cryptocurrencies for 5 Years – Day 10 – Doubled  (Read 450 times)
Minor Miner
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December 19, 2017, 12:29:35 PM
 #41

10 days is not a representative period of time for this kind of things. You ought to make reports atleast each quarter, no less. Currently the market is very optimistic, but it could be vice versa in just 1 day/week/month and you will get the drawdown.

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Anthony1985 (OP)
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December 19, 2017, 12:44:58 PM
 #42

I started an official thread about the experiment, you can find it here: https://bitcointalk.org/index.php?topic=2613453.msg26590391#msg26590391
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December 19, 2017, 12:53:21 PM
 #43

It was a great read!
But now the market is in massive bull run especially altcoins so these types of gains are easier once the bear market starts you need to readjust your portfolio with some modifications. This is what I'm thinking because the coins will not go up always.

Blah blah
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December 19, 2017, 01:29:27 PM
 #44

i wanted to read about the link you have sent so i cant carefully understand everything. but it seems like my internet connection wont allow me. i dont know it it has something to do with my connection or its just that the site doesnt load or show up. Sad
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December 19, 2017, 01:37:35 PM
 #45

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
This is interesting!

Can you analyze the market movement or growth of top10, top20 and top50 according to your portfolio? That would be great. I would like to see the growth of one month of such portfolio. That would be interested to read. Your experiment was conducted during the bullish alt movement. The result would have been different if it was done in November or October. But still we can analyze a lot of things through this like money movement among altcoins etc.
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December 21, 2017, 06:47:30 AM
 #46

I also do the same, investing 100$ on cryptos under 1$ in the top 100 CMK. I have now ~20 cryptos and it's only the beginning. I hope this strategy will pay off  Cheesy
for example, only with TRON, +423% (x4) since December the 13th, and I have also Power Ledger, Vechain, MAID, ETHLEND, BAT... which have pump Smiley
It is really a fascinating thing to do and I really have never thought of this but from getting your view and reading through the OP's blog, I am sure going to give this a try. I just hope this idea had come to the OP some few days back before the alts started having some pretty huge ride of their lives, but it is never too late. Great one and thanks a lot for sharing.

5 days ago - Market cap of bank-friendly digital currency Ripple XRP doubles to $18 billion in just three days. ... It allows users to send, receive, and hold any currency in a decentralized way via the Ripple network. ... And Michael Arrington's $100 million cryptocurrency hedge fund will be valued in Ripple's XRP.
And not just XRP but some other top cryptos on the crypto space as well. This has really been interesting for a while now considering how most of them are doing and with what the OP dropped on his blog, I am sure going to join him in this experiment, rather than just sticking with few of these coins alone or doing a huge research before investing in any of these coins.
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December 21, 2017, 07:18:37 AM
 #47

I also do the same, investing 100$ on cryptos under 1$ in the top 100 CMK. I have now ~20 cryptos and it's only the beginning. I hope this strategy will pay off  Cheesy
for example, only with TRON, +423% (x4) since December the 13th, and I have also Power Ledger, Vechain, MAID, ETHLEND, BAT... which have pump Smiley

nice skill and strategy. i hope i can try your strategy later.
put the ball in many basket is always good strategy rather than put it only in 1 basket.
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December 21, 2017, 07:20:03 AM
 #48

Thas a good start but i dont believe trading is a luck,you need to learn technical and fundamental analysis to be successful in your investments.

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December 21, 2017, 07:20:52 AM
 #49

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
Nice blog mate !
I am really impressed and challenged looking at the number of cryptos you actually decided to invest all in.

It is a good idea considering the fact that a lot of these coins will end up having some huge increase in percentage and looking at how you started and what you have achieved in 10 days, I am sure going to be doing something like this, just that it would take some really great research to pick the good ones.

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December 21, 2017, 09:20:51 AM
 #50

Do not forget sometimes to deduce a part of profit in fiat. As long as the uptrend goes, it will be possible to double the profit every ten days.
But if the market turns around you can lose. Good luck!
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December 21, 2017, 09:23:57 AM
 #51

Haha, this is exactly what I started doing a few days ago, although I put in around $200. Still I am at sitting almost half a K. Good luck mate!
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December 21, 2017, 09:25:52 AM
 #52

Do not forget sometimes to deduce a part of profit in fiat. As long as the uptrend goes, it will be possible to double the profit every ten days.
But if the market turns around you can lose. Good luck!


At present due to bull run profits can be easily made worth this altcoins, but once the market falls this coins will fall flat and then the best option would be to exit the market and buy back from lower price. Also 100 cypto coins are way to much to even handle and keep checking. Better to invest in few altcoins which are really good and couple of them in the ICO stage to get the best price for such coins.


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December 21, 2017, 09:44:49 AM
 #53

Yes recent trend makes lots of alt investors happy even i got good profit by holding my coins some of the coins i never expected to reach 1 cents where i was holding millions now its crossed one cents now i am in good profit . Now alt trend starts crypto currencies are here to stay.

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December 21, 2017, 09:53:53 AM
 #54

Now everything is growing and it's not difficult to earn, the main thing is then to keep this profit. Interesting choice of altcoins, it will be interesting to watch your project!

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December 21, 2017, 10:02:59 AM
 #55

Please let's continue on the official thread

https://bitcointalk.org/index.php?topic=2613453.40

I just posted about day 13 with some interesting results  Smiley
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