BEAMSTART Logo

5 years of the ‘Top 10 Cryptos’ experiment and the lessons learned

Coin Telegraph LogoCoin Telegraph2 mo ago

5 years of the ‘Top 10 Cryptos’ experiment and the lessons learned - Coin Telegraph

Quick Summary:

But Greene warns that even though the experiment’s cumulative performance has been good, it’s important to be on the alert for severe drawdowns: “Take this year: There’s now four stablecoins on the top ten list.

In fact, when Greene placed $1,000 in each of the top 10 cryptocurrencies in January 2018, his portfolio slid to be worth less than $150 just 12 months later.

Greene says that the best lesson he has learned during this period is the power of dollar-cost averaging — purchasing an asset on a regular basis without any regard for its market price.


More Pictures


or

Article Details

Author / Journalist: Cointelegraph By Zhiyuan Sun

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-26 @ 15:04:17 (2 months ago)

News Timezone: GMT -5:00

Ranking: #311 (out of 2928 stories this day)

News Source URL: cointelegraph.com

Language: English

Article Length: 1520 words

Reading Time: 9 minutes read

Sentences: 63 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 554311

View Article Analysis

About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 27 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 15 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "5 years of the ‘Top 10 Cryptos’ experiment and the lessons learned" has 1520 words across 63 sentences, which will take approximately 7 - 13 minutes for the average person to read.

Which news outlet covered this story?

The story "5 years of the ‘Top 10 Cryptos’ experiment and the lessons learned" was covered 2 months ago by Coin Telegraph, a news publisher based in United States.

How trustworthy is 'Coin Telegraph' news outlet?

Coin Telegraph is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 27 news stories per day.

It's most recent story was published 15 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #554311
  • URL: https://beamstart.com/news/5-years-of-the-top-16642025832868

BEAMSTART brings you the latest news, jobs, and events from all around the world on startups, technology, and business. Stay updated with industry news, plug-in to exciting events, and discover incredible career opportunities with the world's most innovative companies.

© Copyright 2022 BEAMSTART. All Rights Reserved.