Throwing mud against a wall in a bull market. $1,000 split between the top 200 in 2017 was worth $175,574 in Jan 2018
With the vast number of projects like "buying and holding the top X for X years" going around and number of "experts" who picked a coin and it went 10x, I wanted to see how 2017 did and what spending $1,000 would have done if you split it among the:
Top 10 Top 50 Top 100 Top 200
Using Coinmarketcap I pulled the price on the 1st of Jan 2017 and looked at the price on the 7th 2018. After looking at data, it was more beneficial to diversify as much as possible, you almost doubled your gains if you went top 200 vs top 10.
[IMG]http://i66.tinypic.com/2lc2v5.jpg[/IMG]
![http://i66.tinypic.com/2lc2v5.jpg[/IMG]](http://i66.tinypic.com/2lc2v5.jpg%5B/IMG%5D){kind=link}
So take all the experts' advice with pinch of salt, the earlier you got in and the more diverse you went, the better. If they however split $1,000 across the top 5 performing coins in 2017, they would be almost $3.5 million up if they cashed out in Jan and worth listening to!
edit - I am an idiot, first post and I have no idea how to post images correctly (or knew I had to host them somewhere)
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