How the Top 10 Coins of 2017 turned 10k into $132,695.00 in 6 Months
Just a quick analysis.
Did you know if you had taken the top 10 coins by market cap on Jan-01 2017 (https://coinmarketcap.com/historical/20170101/) and put $1000 into each of them to be held for 6 months you would have made over 1000% in gains.
A number of these coins are no longer in the top 10 market cap yet they still did well despite moving down in rank. Be interesting to see where the current top 10 coins will be by the end of 2017.
good post thanks !!! i aways think about top 10 index for crypto just to compare your portfolio vs top 10. :)
Yes it does make you wonder if spending time trading in and out of coins is worth it in the long run. Just buy the top 10 and go focus your time doing something else.
This was cool. It's crazy how much ETH and Ripple did in those 6 months.