Month End Recap: My Top 10 Market Cap Coin Prediction For January

in #cryptocurrency6 years ago (edited)

About a month ago I did a post predicting what I felt would be the top 10 market cap coins at the end of the month.

What Do You Think The Top 10 Market Cap Coins Will Be At The End Of January?
https://steemit.com/cryptocurrency/@budz82/what-do-you-think-the-top-10-market-cap-coins-will-be-at-the-end-of-january

My End Of January Prediction (from Jan 4, 2018):

  1. Bitcoin (currently #1)
  2. Ethereum (currently #3)
  3. Ripple (currently #2)
  4. Stellar (currently #7)
  5. Cardano (currently #5)
  6. NEM (currently #6)
  7. Litecoin (currently #8)
  8. Bitcoin Cash (currently #4)
  9. IOTA (currently #9)
  10. NEO (currently #13)

Actual End Of January Results (from Jan 31, 2018):

1.Bitcoin (got coin correct, position correct)
Sidenote: Not a huge shocker, BTC still remains the #1 king for now
2.Ethereum (got coin correct, position correct)
Sidenote: Ethereum was able to hold value better then most retaking #2
3.Ripple (got coin correct, position correct)
Sidenote: Ripple did what I expected and had a major correction back to #3
4.Bitcoin Cash (got coin correct, position wrong)
Sidenote: I expected BCH to dip a bit more then it did
5.Cardano (got coin correct, position correct)
6.Stellar (got coin correct, position wrong)
Sidenote: Stellar dipped a bit faster then I expected it to during this time
7.NEO (got coin correct, position wrong)
Sidenote: I didn't expect NEO to perform so well this fast
8.Litecoin (got coin correct, position wrong)
Sidenote: I didn't expect NEO to pass LTC this early pushing it down a spot
9.EOS (got coin wrong, position wrong)
Sidenote: I didn't expect EOS to pass position #12 in January
10.NEM (got coin correct, position wrong)
Sidenote: I didnt expect a random 500mil hack to crash the price this month

11.IOTA (got coin wrong, got position wrong)
Sidenote: I didn't expect EOS to jump it into the top 10 yet pushing IOTA out

Total Top 10 Coins Correct = 9/10

It was a fun little experiment which overall I am quite happy with the results of as I was fairly accurate for the most part, although there were quite a few unexpected surprises (NEO mooning, EOS mooning, NEM crashing, BCH not crashing) which threw some of my predictions (mainly exact positions) off by a tiny bit.

If I get some spare time over the coming weekend, I may do another month end top 10 prediction for February 2018 to see if I can get somewhat similar results.

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Coins mentioned in post:

CoinPrice (USD)📈 24h📉 7d
EOSEOS11.845$2.47%-17.69%
MIOTAIOTA2.276$0.32%-8.82%
NEONEO143.745$1.8%2.45%
XEMNEM0.793$5.14%-19.07%
XLMStellar0.531$10.34%-10.85%

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