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PORTFOLIO EXPERIMENT - Reddit's favorite coins vs Reddit's least favorite coins - month 1

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PORTFOLIO EXPERIMENT - Reddit's favorite coins vs Reddit's least favorite coins - month 1

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:

  1. Control $97.0
  2. Good Boys $88.6
  3. Bad Boys $86.0

And a more detailed version:

Numbers, numbers, numbers...

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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