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.

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Article Details

Author / Journalist: Cointelegraph By Zhiyuan Sun

Category: Crypto



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:

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

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About Coin Telegraph

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Main Topics: Crypto

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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

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

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