There’s a delusion in our neighborhood that redditors are notoriously dangerous on the subject of choosing altcoins… a lot in order that a few of you recommended that individuals ought to do the alternative of what redditors recommend.
With out additional ado, let’s take a look at this delusion and put your coin strategies to the take a look at.
Within the earlier weeks there have been a few posts asking which altcoin to build up… and a few posts about which altcoins to keep away from.
I made a decision to mix essentially the most upvoted feedback and picked 5 cash that redditors actually like, and 5 cash that the majority dislike. To have one thing to check these portfolios with I additionally created a strong portfolio of fifty% BTC and 50% ETH.
Listed below are prime 5 shilled / hated altcoins and their respective portfolios 🙂
https://preview.redd.it/463wwhe2v54a1.png?width=648&format=png&auto=webp&s=ce708d6182d64ff2d19334ae3c49d41e7e62bb79
I will probably be monitoring detailed information for all three portfolios. Updates will probably be posted month-to-month. This will probably be a prolonged experiment however the outcomes may lastly uncover whether or not we actually are horrible buyers, or we’re simply too harsh on ourselves.
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Sources for alt picks
Favourite alts [https://www.reddit.com/r/CryptoCurrency/comments/zc9iah/apart_from_btceth_what_is_the_safest_coin_to/](https://www.reddit.com/r/CryptoCurrency/feedback/zc9iah/apart_from_btceth_what_is_the_safest_coin_to/)
Most disliked alts [https://www.reddit.com/r/CryptoCurrency/comments/z7pz3k/serious_which_top_250_coin_do_you_think_is_an/](https://www.reddit.com/r/CryptoCurrency/feedback/z7pz3k/serious_which_top_250_coin_do_you_think_is_an/) [https://www.reddit.com/r/CryptoCurrency/comments/z7pz3k/serious_which_top_250_coin_do_you_think_is_an/](https://www.reddit.com/r/CryptoCurrency/feedback/z7pz3k/serious_which_top_250_coin_do_you_think_is_an/)
Now this is science.
I love this experiment! Our plucky CC champions take on the mean bad boys of crypto
How long do you plan to go with this? Looking forward to seeing your results every month.
RemindMe! 1 month
Surprised algo isn’t on the list, but if the source was taken from safest alts rather than favourite or shilled alts, makes sense LTC got the job
I’m amazed BNB isnt on the disliked list
Time to see if the inverse r/CryptoCurrency portfolio actually works.
I will watch your career with great interest.
Seeing ICP and HEX on there… ewww
OP you forgot the golden boy of the sub ALGO
Wont be surprised at all if the bad boys come out on top a year from now. If this is reddit based it’s almost a guarantee
Sol will surprise you.
ADA is a good boy now? This sub is so bi-polar when it comes to Cardano
Nice little data science experiment. Love to see the outcome in a bit.
Won’t having 2n in the control kinda warp it a little?
You forgot SAFEMOON
That SHIB entry price always cracks me up in Excel… “am I joke to you?”
This is the best use of a deleted post in the history of this subreddit. Bravo! Curious why it was removed, but oh well. History speaks for itself ????
Edit: see it was rule five “content standards” – I assume because no “shill me a coin” posts. But seems like OP was asking something categorically different. Long-term “safety” of a project within crypto is an interesting concept, if it exists at all. Oh well – glad it has some use!
Wait I thought the sub was in love with whichever coins pumped recently.
I really like that list of 5 good boys. Clearly I spend too much time on this sub
Maybe Algo over LTC for good boys. Or Add Algo and Doge (Bad)?
Awesome idea however. Kudos – looking forward to the updates!
Keep us updated!
I like it.
Im hoping we see some gains soon so that way its not just a “Which portfolio loses less value”.
Cant wait.
This is awesome, I look forward to the results!
This is a fun experiment. Thank you for doing this. I will be following.
Please post your view-only google sheet so we can follow along in real-time.
Love these experiments and full disclosure I’ve had some of those bad boys myself
Wait Reddit has favorite coins other than BTC and ETH?
I’m surprised BNB isn’t on the despised list.
Obviously the most hated coins will win in short term. ????
The good coins will be up more long term. Is my guess. ????
The part that I have found the most hilarious with alts is the mass is typically fall for whatever has the most genuine sounding marketing
If you get someone like Richard Hart who is just transparent. That actually turns off a lot of people who want to get told nice things. This one personally makes me laugh because he is actually shared more helpful tips and factual information than any other influencer i can think of in the past few years. However, he does talk to people like they are stupid, which to be fair most of them are, so again I think he pushes an entire group off.
This is the last place I would come for investing advice. The majority is almost always wrong and falls for marketing
The other problem is it’s hard to tell who’s real. So many accounts are marketing accounts. A lot of crypto projects are contracting out and building thousands and thousands of Reddit accounts, pushing up the karma having them comment on various subreddits to put a push on whatever it is they want to market at the right time and make it look completely organic. Most people do what they see over and over so it works very effectively
All those people who are paid to shill ALGO on reddit and you don’t include on the list? Have empathy for them.
Nice experiment, I hope you keep update us over time. I have seen post similar to this in the past but never came back.
ICP going back to an ATH is what Lambos are made of.
ALGO is not in your “good boys” list? LIES I tell you!
ALGO gets übershilled here. The entire team could be killing puppies on live TV and people here would still shill it.
For something to be a myth it generally has to be untrue. This sub has consistently got it wrong, it ain’t no myth lol
It will only take one of those projects in either category to change the whole returns and win the battle. Love the experiment. It will also prove as well if we should be buying ETH and BTC in a bear market as well.
NGL the Bad Boys portfolio looks cursed af