For those that were around at the beginning of the year, you might remember that I created this. The FOLIO OF HATE. I invested (yolo'd?) $100 into this subs most hated coins. Some coins are hated because of utility, some because of corruption, some because of the the shills. Whatever the reason, I decided to act on the theory that this sub can actually pick winners by investing into the ones that we all hate the most. Original post for reference So, $100 was invested 365 days ago into each of the ten coins/tokens. Here is how the folio has fared. Down 69% or $690 in twelve months. Nice. What about the individual results? Surely they're not all bad? Right? Best performer: USDT -0.01 % Worst performer: SOL -93.28 % Surprise Performer: BNB -54.86% Hanging in there: DOGE -57.66% ********************************************* Despite the savagery of the capitulation and bear market, there are some interesting observations. Personal points of interest:
I am aware that perceptions and opinions shift over time, so it is of course possible that we hate these coins more than ever. ********************************************* COMPARATIVES: Down 69% YIKES! But shockingly, that is actually a better performance than just putting into other seemingly safer (or not hated?) investments. BITCOIN - 68 % ETHEREUM - 71 % MATIC - 72 % POLKADOT - 85 % GOOGLE - 39 % TESLA - 69 % ********************************************* WILL I DO IT AGAIN? Yes. The research for a 2023 FOLIO OF HATE is already being constructed. Look at the results above. Nobody knows anything. I have already started looking into the posts and comments for this month to find the most hated cryptos today. I'll post the FOLIO OF HATE for 2023 in about a week. I have some idea of which ones will make the list, but people can suggest others if they wish. ********************************************* EDIT: Yes you can nominate for 2023 if you want, and I will sort by controversial because I can already see heavy downvotes on the post and comments. [link] [comments] |
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