What if you invested 10$ on each coin of the Top100 coins @ 1st January 2017?
2017 will be remembered for many things, good and bad, but I (and many of us) will probably remember it as the year of the cryptocurrency booooom.
So...what were you doing on the 1st of January 2017? Probably having a great dinner, drinks and fun with your family and friends and hoping that 2017 was going to be amazing. And that's cool and necessary. But..what if you would have just left that mojito aside and decided to invest 10$ on each coin of the Top100 currency list at that time at CoinMarketCap?
Thanks to the online tool CryptoCompare.com we are now able to know what your position will be right now, and it's pretty interesting because we would have made a little bit more of x18 on our investment. It's fascinating to see that there are only a few coins that have diminished their value.
You can check the full portfolio on the following link
Your thoughts and comments will be much appreciated, I'm pretty much starting to write on Steem and I absolutely believe in its potential :)
- There are 5 coins that were originally in the Top100 market which are not showing up at CryptoCompare. I have used the following 101,102...coins on that day to substitute those not showing. The coins are Tether, Agoras, Lykke (not in any exchange), Fedora and VPNCoin. However, this doesn't change much the final amount.
- There are 2 coins, YBCoin and and Bytecoin which are not showing correct values at Cryptocompare, so i changed it for the coins 106 and 107 on the list.
- You can take a look at the snapshot prices used for this study here
- There's a slight +10$ on the acquisition cost even writing down exact decimals, I don't know why, probably some cryptocompare.com rates or calculations.