Is your portolio doing better than Katy Perry’s?
First of all, I need you guys to know what a colossal jam Teenage Dream is.
Now, on January 25, 2018 Katy Perry posted this image on instagram of her nails painted with the logos of various cryptocurrencies. After having searched this subreddit I found this post that already talked about the image but you can consider this a post bull market peak update.
So, the cryptocurrencies painted on her nails were BTC, ETH, XMR, LTC, and XLM and the prices on the date according to CoinMarketCap were as follows:
- BTC: $11259
- ETH: $1056
- XMR: $317
- LTC: $180
- XLM: $0.60
Good, now let's take a look at 2 scenarios:
Scenario #1: Katy Perry is a genius and sold all her coins at the top of the bull run.
- BTC: $63314 (April 14th) +462%
- ETH: $4168 (May 11th) +294%
- XMR: $478 (May 8th) +50%
- LTC: $409 (May 10th) +127%
- XLM: $0.71 (May 16th) +18%
Assuming she bought equal amounts that puts her average percentage gain at +951% +190%
Scenario #2: Katy Perry sold today
- BTC: $29817 +164%
- ETH: $1764 +67%
- XMR: $183 -42%
- LTC: $106 -41%
- XLM: $0.20 -67%
Again making the same assumption as before her net gain would be +81% +16% which is still respectable and better than I am doing at the moment.
What did we learn? Well, we may not be giving Katy Perry the necessary respect she deserves and HODLing is the apprently the way.
Also can we praise her for at least not promoting any shitcoins?
submitted by /u/bexji
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