Buy and Hold 31 Cryptocurrencies for 365 Days

in #bitcoin6 years ago

Buy and Hold 31 Cryptocurrencies for 365 Days - Final results on an experiment started a year ago

An interesting experiment by a guy named Callback Hell (Hell of a name though :P) where he bought 31 Cryptocurrencies exactly 365 days ago and recorded the results weekly on his blog.

The rules of the experiment were:

  1. Buy $10 USD of the top 31 cryptocurrencies by trading volume on HitBTC (where he purchased all of this).
  2. Hold for 365 days. No selling allowed.
  3. Post an update on his blog every week.

Today, he posted his last, 52nd week's post with a great in-depth analysis on each of his investments, made a year ago and boy did he manage to surprise us. But, Don't worry. We won't spoil it for you :).

We highly recommend you also check out his blog and all of the 52 week's posts there. We're sure you'll learn a great deal about the crypto ecosystem, how it evolved over the year, strategies of investments etc from these intriguing weekly posts.

Buy and HOLD for 365 Days - 52 of 52 Weeks - Final Post with Overall Analysis

http://blog.mclain.ca/buy-and-hold-31-cryptocurrencies-for-365-days-week-52/

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cryptocurrency can play an important role for proverty alleviation in future economy.

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