Week 2 Update Average Crypto Joe vs Active Investor

in #bitcoin8 years ago

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Week 2 Update

Wow, what a week we had in the cryptosphere. Now that I'm back from vacation i'm ready to kick some butt! I was able to cash out 56.719 SBD and put that money to use. I purchased...

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Average Joe 16 Portfolio

  • Most coins found on the BC30 Index
  • One time deposit of $400 *ended up being $382
  • No additional funds
  • If a fork occurs the coin stays
  • If a coin is to delist I may sell and rebuy an existing coin
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Active 40 Portfolio

  • Can only purchase existing coins
  • Purchases will be made to cost average
  • Only adding capital from SBD payouts
  • If a fork occurs the coin stays
  • If a coin is to delist I may sell and rebuy an existing coin
  • Binance coins will have a higher investment due to the minimum trade requirements

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My Own Money vs Steemit

This is not financial advice and should ONLY be used solely for entertainment/comedic purposes. The reason I ask for your help is because this is going to heavily rely on the feedback from the community. I've read countless articles about how to earn "STEEM" and "SBD" but I want to return that money back into the community in the form of ALT coin purchases and me tracking that throughout the year.

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thanks for sharing this :)

The crypto market is still quite inefficient which will also make an active portfolio have better returns. Interesting to see how outsized it is in your comparison. In theory, the differences should trend down as more participants enter the market and information and trading become more readily available. Interesting project!