Buy and Hold 100 Cryptocurrencies for 5 Years – Official Thread

[doktayoung]

Following...

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

[Anthony1985]

Better profit will be if just buy bitcoin and hold him.

Altcoins are performing better, the overall value in BTC is now of 0.19 I initially invested 0.067 BTC

[emma46]

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

This is possible, but it will take a lot of patience for it to be successful. If a person is patient enough then this would happen, still a lot can happen in 5 years. There might be an incident that may require a person to spend a lot of money. There might also come a time when it's value will be so high in just 2 years, would you still wait knowing that it couldn't be that high again?

[Anthony1985]

Nice to see, that you already got investment doubled. But 5 years is a way too much. One year would be perfect.

Well it’s an experiment, one year for me would be too short, I really wanna see what’s going to happen to them on the long run.

[JumboCactuar]

Hi, just a quick question

Where are you holding all these coins? As i dont think any exchange has all the top 100

Multiple exchanges?  Or wallets

[Anthony1985]

Hi, just a quick question

Where are you holding all these coins? As i dont think any exchange has all the top 100

Multiple exchanges?  Or wallets

Please check here

https://buyandhold100crypto.com/how-to-run-the-experiment/

And here

https://buyandhold100crypto.com/wallets-used/

[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

This is possible, but it will take a lot of patience for it to be successful. If a person is patient enough then this would happen, still a lot can happen in 5 years. There might be an incident that may require a person to spend a lot of money. There might also come a time when it's value will be so high in just 2 years, would you still wait knowing that it couldn't be that high again?

Yes of course,I’m not doing the experiment to get a profit. I have other investments on cryptos,I will sell those in case

[Sallysakky]

It is an interesting idea, dude! I will follow the experiment.
Exists a small flaw that most of cryptocurrency prices are directly dependant on BTC price, but this can also be considered as an advantage. Let's look!

[yummy23]

Which are the Top 10 Cryptocurrencies in the present time ?

[Anthony1985]

It is an interesting idea, dude! I will follow the experiment.
Exists a small flaw that most of cryptocurrency prices are directly dependant on BTC price, but this can also be considered as an advantage. Let's look!

Yes that’s true,in fact I got all of them with BTC,but seems like a lot of altcoins are performing vetter

[Anthony1985]

Which are the Top 10 Cryptocurrencies in the present time ?

Top 10 from the 100 I got?

[Pierre 2]

I think these kind of experiments are great but you need to keep revising your folio.
Noone would wanna hold pump dump coins when they are pumped already.

[Anthony1985]

I think these kind of experiments are great but you need to keep revising your folio.
Noone would wanna hold pump dump coins when they are pumped already.

Well but then it would be a continuous trading. I just wanna see what happens with these coins in 5 years

[Iceblast]

I think that's a good thing, with you saving lots of altcoin coins for a long period of time up to 5 years it requires substantial funds. but if you can afford and have big capital I think can be achieved and profitable big profit.

[Anthony1985]

Day 24 – $1636 USD Gained

Link Article:ticle : https://buyandhold100crypto.com/day-24-1636-usdday-24-1636-usd-gained/

Day 24, the current gain is $1636 USD  or  0.12 BTC

Best coin of the day is Status (SNT) with a gain of 64.65 %, the worst one is Potcoin (POT) with minus 8.17 %

We have a new crypto on our top 5, Request Network (REQ), who gained 54.92 % since yesterday and 459.38 % overall.

Top 5 cryptocurrencies so far :

Verge (XVG)  2252.36 % , from $9.62 to $226.29
Tron (TRX)  +1039.57 % , from $10.04 to $114.37
Ripple (XRP) +775.45 % , from $9.75 to $85.34
Cardano (ADA) +597.03 % , from $9.57 to $66.71
Request Network (REQ) +459.38 % , from $9.91 to $55.41

[Anthony1985]

Day 25 – $1760 USD Gained

Best day so far, current gain $1760 USD or 0.15 BTC

Best coin of the day is Steem (STEEM) with a gain of 98.30 %, the worst one is Verge (XVG) with minus 18.32 %

Top 5 cryptocurrencies so far :

Verge (XVG)  +1848.47 % , from $9.62 to $187.44
Tron (TRX)  +1278.38 % , from $10.04 to $138.34
Ripple (XRP) +787.02 % , from $9.75 to $86.47
Request Network (REQ) +587.75 % , from $9.91 to $68.12
Cardano (ADA) +599.44 % , from $9.57 to $66.94

[Oumal]

After I came across this topic, I revised my strategy. In fact, it's hard to keep track of every day, but now I'm not inclined to it. Once a month I'll watch and maybe even trade.

[Anthony1985]

After I came across this topic, I revised my strategy. In fact, it's hard to keep track of every day, but now I'm not inclined to it. Once a month I'll watch and maybe even trade.

Are you usually a day trader or a long holder?

[unsquidly]

The idea is good. But I think 5 years is very long time. Max I think 1.5-2 years, you can debug the coins. After 5 years it is unknown what will happen to all cryptocurrencies.

[Anthony1985]

The idea is good. But I think 5 years is very long time. Max I think 1.5-2 years, you can debug the coins. After 5 years it is unknown what will happen to all cryptocurrencies.

That's the point of the experiment, we don't know what's going to happen