Buy and Hold 100 Cryptocurrencies for 5 Years – Official Thread

[bitgangsta]

Sounds like a fun project.  I would have a hard time holding for 5 years.  Maybe I could do 1 year.   I might try this when bitcoin is going up, and altcoins are way down.  Right now maybe bad time to buy when everything is up.

[1714864797]

1714864797

[Anthony1985]

Day 11 – $1280 USD Gained

Day 11 and the cryptocurrencies are still going strong, gain at the moment $1280.

Top 5 cryptocurrencies so far :

Tron (TRX)  +1031.56 % , from $10.04 to $113.57
Verge (XVG)  +721.52 % , from $9.62 to $79.03
Qtum (QTUM)  +555.84 % , from $9.77 to $64.09
Cardano (ADA) +470.58  % , from $9.57 to $54.61
Litecoin (LTC) +327.91  % , from $10.05 to $43.02

Check the whole article : https://buyandhold100crypto.com/day-11-1280-usd-gained/

[Anthony1985]

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 Here

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

Excellent idea. I wanted to do the same, not as an experiment but as a real investment. As with stock pickings, it is also difficult to pick cryptos, so as people buy the S&P and Nasdaq indices, you should also buy a crypto index but that is not available at the moment. This won't make you 1000000% but it will give you a nice steady return, with very limited downside, as long as the crypto market does not totally crash.

One suggestion I would have, which you have to do anyway with a 5 year span, is to periodically rebalance the portfolio, say every quarter. So you sell the ones that are not in top 100 any more and you buy the ones that replaced them. This is what any stock market indices too. You may want to weight your investments by market cap as well, as SP500 Index does, but doing it equal weight is also absolutely fine.

Two questions I have are:
- How did you manage to buy all of them? Did you have to open account in like 6-7 exchanges and pay lots of fees to move money around?
- The table you have on your website is very neat with unrealized gain etc, is that something you did or is there a website that we can use too?

Good luck!

Regarding your questions

- I had already accounts on the exchanges I used, it's actually newer exchanges so really easy to make an account and trade.
- Yes I used an app, it's called cointracking.

[Anthony1985]

I really enjoy these kind of experiments. I don't think it will work (crypto has passed that beginner era so you won't make millions by investing blindly,) But I think it will somehow show good coins..

I guess we will find out in 5 years 

[Oumal]

I had the same thoughts, but the experiment is interesting. Added this topic to your bookmarks and sign up on the website. I will follow your experiment, good luck

[Anthony1985]

I had the same thoughts, but the experiment is interesting. Added this topic to your bookmarks and sign up on the website. I will follow your experiment, good luck

Thanks a lot. I’m glad some people are liking the project

[Anthony1985]

Day 12 – $1119 USD Gained

Day 12, and looks like a small correction on price is about to happen.

So far gained $1,119.09 USD, meanwhile, Verge (XVG) has taken over the first spot on the overall best performer coin, gaining 1082 % on USD and  990% on BTC.

Top 5 cryptocurrencies so far :

Verge (XVG)  +1082.46 % , from $9.62 to $113.75
Tron (TRX)  +874.48 % , from $10.04 to $97.80
Qtum (QTUM)  +433.15 % , from $9.77 to $52.10
Cardano (ADA) +398.77 % , from $9.57 to $47.73
Litecoin (LTC) +281.89  % , from $10.05 to $38.39

Check the whole article : https://buyandhoarticle:to.com/day-11-1280-usd-gained/

[Anthony1985]

The idea is really nice and your blog, too. But can you please sort the domain name. It's hard to remember it, without bookmarking it.

Hahahha I believe it’s a bit too late to do it now

[imcaufieldholt]

Hi,
Really fun idea, I've decided to mimic you, but I'm 10 days behind, so missed the last uplift.
I'm having a few twists on your concept.
I started todo as much as possible through Bittrex, but there are 2 downsides:
1 - Minimum BTC trade is 0.001
2 - Not all altcoins are listed ofcourse

Due to some fund transfer issues, I've only managed to get 0.001 BTC of the the top 33 altcoins so far.
Still my 0.033 BTC spend from 2 days ago is now 0.0415 BTC as of now.

I'll will build out the portfolio in the next couple of days.

This should be more of a fun ride that just looking at one or two cryptos going up or down, even if the gains may not be as great and the losses greater.... but who knows, the reverse may be true.

Either way this is a fun way to play.

[Anthony1985]

Hi,
Really fun idea, I've decided to mimic you, but I'm 10 days behind, so missed the last uplift.
I'm having a few twists on your concept.
I started todo as much as possible through Bittrex, but there are 2 downsides:
1 - Minimum BTC trade is 0.001
2 - Not all altcoins are listed ofcourse

Due to some fund transfer issues, I've only managed to get 0.001 BTC of the the top 33 altcoins so far.
Still my 0.033 BTC spend from 2 days ago is now 0.0415 BTC as of now.

I'll will build out the portfolio in the next couple of days.

This should be more of a fun ride that just looking at one or two cryptos going up or down, even if the gains may not be as great and the losses greater.... but who knows, the reverse may be true.

Either way this is a fun way to play.

Hey, that's great to hear.

I used also other exchanges to buy the top 100, there is a complete list on the blog. Check it out and good luck with your 33 altcoins, hopefully in a few year they will be worth way more.

[imcaufieldholt]

Thanks.
I hope so too, but don't mind if they are not, it is just going to be fun to watch this investment bounce around.
It also nice to see who are the daily/weekly/monthly winners and losers without trying to outthink the next big move.
My play in crypto at the moment is split 3 ways:
- A chunk of money sat in BTC, ETH and LTC for the long term
- A chunk of money I use to trade with whenever I feel like it, I suck at this, but hopefully will become a bit wiser and skilled as time passes.
- And now a bit of money to mimic your experiment

And your experiment I think is the one I'll enjoy the most.....

[Anthony1985]

Thanks.
I hope so too, but don't mind if they are not, it is just going to be fun to watch this investment bounce around.
It also nice to see who are the daily/weekly/monthly winners and losers without trying to outthink the next big move.
My play in crypto at the moment is split 3 ways:
- A chunk of money sat in BTC, ETH and LTC for the long term
- A chunk of money I use to trade with whenever I feel like it, I suck at this, but hopefully will become a bit wiser and skilled as time passes.
- And now a bit of money to mimic your experiment

And your experiment I think is the one I'll enjoy the most.....

Well let's see, I will try to update it every day, so we can have as much info as possible.

[Coin.Master636]

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

Cool project! It will be interesting to see which of those 100 cryptos will remain in the top 100 for 5 years. I can imagine a lot will have changed by then.
Is there a minimum sell point for you? If coins crash badly or projects are uncovered to be scams, will you keep the coins?

[ProofOfLambo]

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

As things are now, you could give a pen to a monkey and let him (or her) choose and you would have the same chance of an expert analyst, that is, with a 5 years Hodl on market that is different every week.

[Anthony1985]

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

Cool project! It will be interesting to see which of those 100 cryptos will remain in the top 100 for 5 years. I can imagine a lot will have changed by then.
Is there a minimum sell point for you? If coins crash badly or projects are uncovered to be scams, will you keep the coins?

Selling before 5 years is not allowed, no matter what happens

[ab_george]

Very interesting project, thinking of doing the same. Maybe with the 10-50 coins with $100 each.

[Anthony1985]

Very interesting project, thinking of doing the same. Maybe with the 10-50 coins with $100 each.

If I had done it with $100 for each I would have made some some good by now

[vintages]

Stupid idea. In 5 years half of Konnov what we know may not be in the crypts. You need to keep abreast of what to do to try. Otherwise you may Wake up in 5 years and 100 000 and no...
PS look at the coins that grow all summer greatly decreased. I have RNS, IFT, NTRN, RAIN, ADC

Why would you call it a stupid idea?
The guy  said he is experimenting and I think it's a good idea.
There was a time I saw a thread similar to this, though the guy experimented on Bitcoin and the gain was quite good.
Though this may not be Bitcoin but it is somewhat great to see someone do this on another coin.
It is his choice and decision, he wasn't forced, I think we should support him in anyway we can, if possible.
To OP; good idea, will try to follow up.

[Anthony1985]

Stupid idea. In 5 years half of Konnov what we know may not be in the crypts. You need to keep abreast of what to do to try. Otherwise you may Wake up in 5 years and 100 000 and no...
PS look at the coins that grow all summer greatly decreased. I have RNS, IFT, NTRN, RAIN, ADC

Why would you call it a stupid idea?
The guy  said he is experimenting and I think it's a good idea.
There was a time I saw a thread similar to this, though the guy experimented on Bitcoin and the gain was quite good.
Though this may not be Bitcoin but it is somewhat great to see someone do this on another coin.
It was his choice and decision, he wasn't forced, I think we should support he in anyway we can, if possible.
To OP; good idea, will try to follow up.

Thanks a lot Vintages.

[Anthony1985]

Day 13 – $1511 USD Gained

The correction didn’t happen, instead the price bounced back.even higher.

The gain at the time I’m writing this article is of $1511 USD, Verge (XVG) keeps surprising, I bought 13 days ago 1123 of it with $9.62, these coins are now worth $179.60 , a gain of %1766.98. Incredible, isn’t it?

Top 5 cryptocurrencies so far :

Verge (XVG)  +1766.98 % , from $9.62 to $179.60
Tron (TRX)  +1350.89 % , from $10.04 to $145.62
Qtum (QTUM)  +455.91 % , from $9.77 to $54.33
Cardano (ADA) +390.13 % , from $9.57 to $46.91
Ripple (XRP) +322.04 % , from $9.75 to $41.14

Read from here the whole article: https://buyandhold100crypto.com/day-13-1511-usd-gained/