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Here it is. The final report on the FOLIO OF HATE. This is the subs most despised coins combined into a single awful folio, and how it performed in 2022. How much did you want it to fail? Does it still make you angry?

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by COINS NEWS 123 Views

Here it is. The final report on the FOLIO OF HATE. This is the subs most despised coins combined into a single awful folio, and how it performed in 2022. How much did you want it to fail? Does it still make you angry?

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.

2022 Performance

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%

Individual Performance 2022

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Despite the savagery of the capitulation and bear market, there are some interesting observations.

Personal points of interest:

  • Binance is the best non-stablecoin performer. This could be connected to the collapse of other exchanges/lenders. It is the only non-stablecoin that is not down more than 50%.
  • Despite the court issues plaguing Ripple, the XRP is still holding well comparatively.
  • Investing in Dogecoin - was a better investment than top guns Solana and Cardano.
  • Despite scamming millions, involved in court battles, and led by a corrupt CEO, Safemoon is not the worst performer.
  • Tether - FUCKING TETHER - is still the folios best performer.
  • FTX dumped Solana from 7th to last.
  • The value of the folio has been negative almost the entire time.

I am aware that perceptions and opinions shift over time, so it is of course possible that we hate these coins more than ever.

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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 %

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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.

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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.

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