PORTFOLIO EXPERIMENT – Reddit’s favorite coins vs Reddit’s least favorite coins – month 1

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A month ago 3 portfolios were created in order to test the hypothesis that redditors are poor investors.https://www.reddit.com/r/CryptoCurrency/comments/zdnesq/portfolio_experiment_reddits_favorite_coins_vs/ The portfolios consist of 5 coins that people here really like, 5 coins that most dislike… and to have something to compare those portfolios with, a robust portfolio of 50% BTC and 50% ETH was created. The results so far:
And a more detailed version: Along with price movement over 30 day period. One month of price action for 3 selected portfolios Notes:
Individual performance
Conclusion – So far favorite coins have only slight advantage over hated coins (2.9%). Both are significantly underperforming BTC/ETH portfolio (-8.6% and -11.3% respectively). submitted by /u/Chysce |