31-crypto-currencies-365-days

As much as I'd like to say we're through the worst, I really don't think we've touched bottom yet. I haven't been folling the Tether and Bitfinex disaster all that closely but my guess is that it's going to unfold like a slow moving car crash rather than a very sudden and abrupt end like BitConnect.…

Buy and Hold 31 Cryptocurrencies for 365 Days - Week 24

Not a terrible week, surprisingly mediocre. Biggest gainer was EOS with a gain of +$13.32 USD (+14%). PPC lost the most at =$1.80 USD (-6%). The portfolio gained -$85.04 USD (+8%) overall this week.…

Buy and Hold 31 Cryptocurrencies for 365 Days - Week 23

By far the worst week for the portfolio. Everything is red, although the losses are pretty equal between alts. STX was the...least...worst? It only lost -$1.02 US (-7%). XDN was the actual worst with a loss of -$41.33 USD (-46%). The portfolio lost -$405.06 USD (-27%) overall this week. Ouch!…

Buy and Hold 31 Cryptocurrencies for 365 Days - Week 22

EOS was the winner this week with a gain of +$26.56 USD (+35%), while XRP was the the worst performer with a loss of -$55.80 USD (-33%).…

Buy and Hold 31 Cryptocurrencies for 365 Days - Week 21

Alts are out of control this week, crazy gains all over the place! The portfolio is now sitting at a 500% net gain, and this week alone it grew twice as much as the original investment (+640.25 USD)!…

Buy and Hold 31 Cryptocurrencies for 365 Days - Week 20

No new all time high this post; surprisingly the portfolio is up this week despite losses by the more mainstream cryptos. I was hoping to write a nice...…

Buy and Hold 31 Cryptocurrencies for 365 Days - Week 19

Although a ton of interesting things happened this week (Coinbase listing BCH), it's the holidays and I don't have time to write a full update. The main takeaway from this week: for the first time...…

Buy and Hold 31 Cryptocurrencies for 365 Days - Week 18

Bitcoin touched a new all time high of 20,000 USD on some exchanges today (over ~$25,000 CAD)! It was only 2 weeks ago that we hit 10k USD for the first time. Still waiting for that correction to buy more...…

Buy and Hold 31 Cryptocurrencies for 365 Days - Week 17

Bitcoin reached yet another new all time high of $17,100 USD ($22,000 CAD). I've been personally waiting for a nice hard correction to pick up more but we have yet to see a really drastic retreat.…

Buy and Hold 31 Cryptocurrencies for 365 Days - Week 16

This week was slightly better than last week! 22% overall gain for the portfolio. As I'm already late in making this post, no recap this week other than to say, $11k USD per Bitcoin!…

Buy and Hold 31 Cryptocurrencies for 365 Days - Week 15

Best week so far! 25% overall gain for the portfolio. I added a new chart showing each assets gain since the start of this experiment. It will typically show up last, but I'm putting it up high this week...…

Buy and Hold 31 Cryptocurrencies for 365 Days - Week 14

Except for Dash, OpenANX, and Stox, every coin was up this week! Even those three were down less than 5%. The portfolios value increased 32% in a single week, possibly one of my best weeks thus far.…

Buy and Hold 31 Cryptocurrencies for 365 Days - Week 13

Well my goodness, what a week! 2X got called off, Bitcoin crashed over 25% from it's most recent all time high, and Bitcoin Cash surged 500% as 2X'ers jumped ship to BCH.…

Buy and Hold 31 Cryptocurrencies for 365 Days - Week 12

Copy pasta time: New high: ~$7,600 USD ($9,700 CAD!) as of a few hours ago (has since dropped a bit). Short recap this week: The Chicago Mercantile Exchange (CME), the largest derivatives exchange in the world, has announced that it will launch a futures contract for bitcoin before the…

Buy and Hold 31 Cryptocurrencies for 365 Days - Week 11

It seems every week when I'm writing these posts I end up having to mention that Bitcoin hit a new high. At this point I'm just copy pasting every week. New high: $6,300 USD ($8,000 CAD!) as of a few hours ago (has since dropped a bit).…

Buy and Hold 31 Cryptocurrencies for 365 Days - Week 10

It's been a busy week, unfortunately no recap this week other than Bitcoin hits new all time high of ~$6,150 USD!…

Buy and Hold 31 Cryptocurrencies for 365 Days - Week 9

Bitcoin smashed through $5,000 USD this week for the first time since September 1st, and kept rising to an all time high of over $5,800 USD. Alt's tend to take a pretty big hit when Bitcoin surges like this, but overall they weathered quite well and most posted some solid gains.…