Cover photo

Does any experiment need to be completed?

This story is about how I decided to start one experiment on investing in cryptocurrency, but, unfortunately, did not finish it.

It was May 2020. There was no sign of the coming bull run. If you look at the Bitcoin chart at that time, we were at this point:

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And then one spring day in May, I decided to start experimentally investing in 5 randomly selected altcoins at $10 per coin every day.

I kept records of my investments in the telegram channel. You can rewind to the beginning and trace how it all began.

https://t.me/CryptoBabca

A few details about which altcoins I chose among. I parsed all trading pairs on the Binance exchange and removed duplicate coins. Then I wrote a special script that will select 5 random coins. All this was visualized as a spinning wheel.

Altcoins wheel
Altcoins wheel

In this way, every day I spin the wheel and choose 5 random coins in which I invest $10 each. The last entry was made on June 25 and my portfolio looked like this:

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Captions on the picture:

День 38 (Day 38)

Всего вложено (Total invested)

Цена моент сегодня (Coin price today)

Общая прибыль (Total profit)

As you can see, I only lasted 38 days and sold all the coins, and this was perhaps the most unfortunate decision in the history of cryptocurrencies (after the pizza story, of course), because only a month and a half later the bullrun began.

End of experiment
End of experiment