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If I have invest 10$ each into top 50 cryptos at the peak of 2018 bull run

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by COINS NEWS 275 Views

If I have invest 10$ each into top 50 cryptos at the peak of 2018 bull run

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.

https://preview.redd.it/1cixm1aqiv371.png?1961&format=png&auto=webp&s=06ed79560b7718f9cfe2dbcc45e255408427593d

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

Top 20

Top 10

Historical data from CMC for 07 Jan 2018 https://coinmarketcap.com/historical/20180107/

submitted by /u/BudPad
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