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Meanwhile, crypto indexers beat Bitcoin maximalists. But, the evidence for indexing performance will never see the light of day . :)

rawtxapp 5y ago
Not sure what you mean by crypto indexer, you mean people who buy a basket of crypto? Sure, in the short term, they might outperform BTC, over long term 70% will die, 90+% won't recover to their ATHs. If you indexed back in 2017 into top 10 coins, only like 3 of them crossed their old prices from 2017, rest are as good as dead.
- wmf 5y ago
  Usually you'd rebalance periodically.
  - thegreatpeter 5y ago
    Seems like stuff folks say in a bubble. 90% of it will disappear once ethereum fixes this/that.
- brighton36 5y ago
  Where did you get these numbers? I assume this is a post-hoc rationalization?
  - rawtxapp 5y ago
    I mean you can pull up the numbers for yourself if you don't believe me, people have also done the math themselves [1][2]. 1: https://preview.redd.it/c21qium7jyr61.png?width=1113&format=png&auto=webp&s=8c01b316aeac5f7e07b13b0dbd4313a8ea916571 https://preview.redd.it/c21qium7jyr61.png?width=1113&format=... 2: https://www.reddit.com/r/CryptoCurrency/comments/mmstrt/i_bought_1k_of_the_top_10_cryptos_on_january_1st/ https://www.reddit.com/r/CryptoCurrency/comments/mmstrt/i_bo...
    - brighton36 5y ago
      This is useful. Good numbers. Thank-you.
gruez 5y ago
>But, the evidence for indexing performance will never see the light of day . :) Why not? If such evidence exists why aren't you presenting it?
- brighton36 5y ago
  You'll note that my comment was downvoted. This evidence is immoral. Thus, it won't be aired. You can go to pandaanalytics.com if you'd like, and play with their index options. See what strategies have worked well. (I weight by market cap, top-10, no stablecoins)
  - viraptor 5y ago
    Your comment was downvoted, likely due to claims with no evidence but instead a story about how you're about to be silenced. You could've just posted something to support your position instead and we'd skip all the drama in this exchange.
    - brighton36 5y ago
      Is this really drama? I don't actually care if I'm downvoted. People will always upvote iced cream, and downvote brocolli. It's not hard to see that, or understand why that would be the case. Mostly I find it funny.

rawtxapp 5y ago

Not sure what you mean by crypto indexer, you mean people who buy a basket of crypto? Sure, in the short term, they might outperform BTC, over long term 70% will die, 90+% won't recover to their ATHs. If you indexed back in 2017 into top 10 coins, only like 3 of them crossed their old prices from 2017, rest are as good as dead.

wmf 5y ago
Usually you'd rebalance periodically.
- thegreatpeter 5y ago
  Seems like stuff folks say in a bubble. 90% of it will disappear once ethereum fixes this/that.
brighton36 5y ago
Where did you get these numbers? I assume this is a post-hoc rationalization?
- rawtxapp 5y ago
  I mean you can pull up the numbers for yourself if you don't believe me, people have also done the math themselves [1][2]. 1: https://preview.redd.it/c21qium7jyr61.png?width=1113&format=png&auto=webp&s=8c01b316aeac5f7e07b13b0dbd4313a8ea916571 https://preview.redd.it/c21qium7jyr61.png?width=1113&format=... 2: https://www.reddit.com/r/CryptoCurrency/comments/mmstrt/i_bought_1k_of_the_top_10_cryptos_on_january_1st/ https://www.reddit.com/r/CryptoCurrency/comments/mmstrt/i_bo...
  - brighton36 5y ago
    This is useful. Good numbers. Thank-you.

gruez 5y ago

>But, the evidence for indexing performance will never see the light of day . :) Why not? If such evidence exists why aren't you presenting it?

brighton36 5y ago
You'll note that my comment was downvoted. This evidence is immoral. Thus, it won't be aired. You can go to pandaanalytics.com if you'd like, and play with their index options. See what strategies have worked well. (I weight by market cap, top-10, no stablecoins)
- viraptor 5y ago
  Your comment was downvoted, likely due to claims with no evidence but instead a story about how you're about to be silenced. You could've just posted something to support your position instead and we'd skip all the drama in this exchange.
  - brighton36 5y ago
    Is this really drama? I don't actually care if I'm downvoted. People will always upvote iced cream, and downvote brocolli. It's not hard to see that, or understand why that would be the case. Mostly I find it funny.