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3185683 No.3185683 [Reply] [Original]

Daily reminder that you could diversify all of your investments/crypto holdings into any mix of the top 10 coins and you literally will have made a money printer. All of you suckers day trading, gambling your savings away, are wasting your time.

>> No.3185696

>>3185683
>you literally will have made a money printer.*

*during bull market

>> No.3185721

>>3185683
So a crypto index fund? Is it a thing?

>> No.3185763
File: 53 KB, 1105x573, jan 03 2016.png [View same] [iqdb] [saucenao] [google]
3185763

>>3185696
Here are the prices from January 3rd, 2016.

>Bitcoin went up
>Ripple went up
>Litecoin went up
>Ethereum went up
>Dash went up
>Dogecoin went up
>Peercoin went up
>Bitshares went up
>Stellar went up
>Nxt went up

It is literally impossible to lose in crypto and those who do are retarded.

>> No.3185923

>>3185763
I'll do that when I have more than $100 to invest.

>> No.3185994

If only it were not constantly in flux

>> No.3185995

What a retarded thread.

>> No.3186113

>>3185763
faggot a;; thosee gains were before june. since june shits been down 98 day out of 100 except btc. look at the charts shit goes down everyday and pops for 2 dayss, meaning most people never see the ups but everybody is dragged down. the market sucks right now unless you are good/lucky at picking wich 2 of 300 coins will be up instead of slowly dying.

>> No.3186120

>>3185683
this makes sense, kind of like a NASDAQ or DOW Jones for crypto...but how do you get the money out? Say I buy little bits of 10 cryptos every payday, when / how will I be able to turn it back to USD and actually live a decent life off the earnings?

>> No.3186136

>>3185683
>not buying supersize.

>> No.3186148

>>3186113
Literally all the coins I pointed out, if you bought them on January 3rd of 2016, would all bring you a minimum of 200% gains if you sold today. Time in the market is better than timing in the market.

>> No.3186171

If you have a long time horizon, dollar cost averaging your way into a diversified passive portfolio will more often than not beat an actively managed portfolio, bull market or not.

If you know how to pick only winners and can perfectly time tops and bottoms, sure.

Otherwise, unlikely.

You are more likely to miss the instances when specific coins go to the moon if you keep shuffling them around, which will decrease your potential gains.

>> No.3186178

What about ZRX?

>> No.3186207

>>3186171
>>3185994
All of the coins I pointed out were coins that were in the top ten January 3rd, 2016. They all saw a minimum of 200% gains if sold today, if my math was right. Picking isn't hard, diversify into the top ten, heck, even top 20, coins and I see no reason for you not to make similar gains.

>> No.3186210

>>3186148
>200% since January 2016
That's nothing compared to my gains from daytrading these last 2 months.

>> No.3186258

>>3186207

I agree. I was giving the reason behind it.

>> No.3186275

>>3186210
200% at a minimum.

Between January of 2016 to the present,
>Bitcoin gained ~800%
>Ripple gained 4066.67%
>Litecoin gained 1389.97%
>Ethereum gained 33268.42%
>Dash gained 8915.38%%
>Dogecoin gained 1114.29%

Too lazy to do the rest, but you would have had all those gains without ever touching your crypto after the initial buy in, and would minimize capital gains taxes.

>> No.3186293

>>3185683
all the main exchange shit is dead 99pt of the time nothing is at ath unless you prefer pedocoinonero. crypto mmarket is dead until everything goes up almost everyday. right now everything goes down 90pct of the time. litecoin dash etc are prime examples. shit goes down 100days but pops one. its shit cob lee is shit bittrex is shit polionecks is total dogshit