PORTFOLIO EXPERIMENT – Reddit’s favorite coins vs Reddit’s least favorite coins – month 1
1 min read
A month ago 3 portfolios were created in order to test the hypothesis that redditors are poor investors.https://www.reddit.com/r/CryptoCurrency/comments/zdnesq/portfolio_experiment_reddits_favorite_coins_vs/
The portfolios consist of 5 coins that people here really like, 5 coins that most dislike… and to have something to compare those portfolios with, a robust portfolio of 50% BTC and 50% ETH was created.
The results so far:
Control $97.0 Good Boys $88.6 Bad Boys $86.0
And a more detailed version:
Along with price movement over 30 day period.
One month of price action for 3 selected portfolios
Notes:
Both good and bad boys followed ctrl group movement with greater swings. This was expected. Both portfolios performed similarly, with good portfolio finishing up with only slight advantage.
Individual performance
Best TRON +3.6% Worst HEX -38.2%
Conclusion – So far favorite coins have only slight advantage over hated coins (2.9%). Both are significantly underperforming BTC/ETH portfolio (-8.6% and -11.3% respectively).
submitted by /u/Chysce
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