Equal weight cryptofolio: YTD performance and analysis
Updated
This is how a 60000 euro portfolio will look like if you buy 10000 euro of each of these 6 cryptocurrencies. I think there are significant odds of seeing the rally extend until the end of 2017, when Bitcoin's long term uptrend signal expires. By then I would advise extreme caution, since it would become probable, although not definitive, to see BTC stall or even fall, for the next 2 years.
Best of luck,
Ivan Labrie.
Best of luck,
Ivan Labrie.
Comment
Here's YTD performance...sadly it is not easy to make this work well in retrospect...but you get the idea. You would need to start the chart with the weights calculated on the starting price for each asset, since day 1.
Comment
Pretty nice...time for a consolidation maybe.Comment
2.35x gain...Comment
Look at the timing...End of 2017, top. Spot on.
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