Sort of arbitrary.. Do the same thing over 6 months and come back to us...
I think index funds are a good part of one's portfolio, don't get me wrong. But, BTC and some altcoins (as you stated in regards to BCH) have had had massive gains in comparison to any index fund. Of course, with the potential of massive gains, comes massive losses. Depends how you feel about the tech and the ideals as to how you will speculate on that..
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Indeed you are right, it is completely arbitrary. The high volatility makes it harder to allocate different percentages on the coins. That is why I decided to just split over the top ones and see what happens.
Yeah, not a detraction. Still very interesting. Diversified investments is important and this is a snapshot of why that is. Good post.
Thanks. I want to see what happens when the market cap goes down a bit between weeks. Or when one of the top coins loses the 1% min market cap. Then it will get interesting.
It's interesting. We hear BTC oft referred to as a potential store of wealth. While I do not necessarily disagree (speculatively), it's volatility still makes it to be, potentially, just that, a volatile investment for better or worse. I see index funds as a better (or at least "safer") store of wealth.