Buy and Hold 31 Cryptocurrencies for 365 Days
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:
- Buy $10 USD of the top 31 cryptocurrencies by trading volume on HitBTC (where he purchased all of this).
- Hold for 365 days. No selling allowed.
- 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/
Very important post..
cryptocurrency can play an important role for proverty alleviation in future economy.