If I have invest 10$ each into top 50 cryptos at the peak of 2018 bull run
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Hi all, I like the concept of https://toptencryptoindexfund.com/ series. So I thought I would apply the same and see how my investment performs over time if I have entered the market at the peak of a bull run. I wanted to see what is the worst that could happen, I want to face my fears 🙂 So, I assumed If I have entered the market on 7th Jan 2018 as the peak of bull market and invested 10$ each into the top 50 cryptos at the time by market cap. Also I considered 01 Jan 2020 as the end of bear market after the peak and the start of new current bull market. Here are the results. An investment of 500$ would have made my investment to 41$ (91% loss) by the end of bear market and the same amount would have been 614$ (23% gain) on current date. Suppose if I have entered the market at the end of bear market and invested into the same cryptos my gains would be more than 1400%. So the saying everything goes up in a bull market is true. Here are the results if the same is applied to Top20 and Top10 cryptos respectively Historical data from CMC for 07 Jan 2018 https://coinmarketcap.com/historical/20180107/ submitted by /u/BudPad |
