The new FOLIO of HATE for 2023 is ready. This is the subs most despised coins combined into a single awful folio. New entrants have joined the ranks. Will the folio fail? Do you hate it? Is it the same as yours?

The new FOLIO of HATE for 2023 is ready.

This is the subs most despised coins combined into a single awful folio. Will it fail? Do you hate it? Is it the same as yours?

Once again, I combed through the posts - looking at controversial and downvotes. Users also nominated cryptos at the conclusion of the 2022 Folio. The landscape is very different today than it was one year ago, but I'm happy to announce that the hate is stronger than ever.

The most common reasons for this sub hating a crypto range from its horrible tokenomics, poor user experience, level of decentralization, corrupt CEO/VC influence, excessive shilling, and even the name.

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The changes

\What was the overall result of the 2022 folio?*

As posted in the final update last week, The 2022 folio of hate gave a return of - 69% (Nice).

This was almost identical to simply investing into Bitcoin for the year.

\What escaped the folio this year?*

They still receive their fair share of hate, but they've dropped out of the top ten.

Safemoon, Loopring, Doge, Tether and XRP.

\What has joined the elite?*

New entrants come and go. You can probably guess why these recently joined the ranks.

FTX Token, Algorand, Cronos, Tron and Terra Luna Classic.

\What is the most hated of all?*

Internet Computer. Again. And the tally isn't even close. Despite the FTX collapse.

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The Folio of Hate.

The investment like last year, was made just prior to the commencement of the year. The ten msot hated. $100 each. Tracked on CMC.

Folio of Hate Value

Sorted only alphabetically for now. It will be sorted by PnL going forward.

How much do you hate it? Do you hate everything? Which of these well and truly belongs here?

Folio of Hate Individual Assets

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The strategy

I put $100 into each and stored it on a seperate group of wallets to my real bags. To make it easier to track, I create the folio of hate using coinmarketcap to track them more easily. I'll post the updates every two months and hope to see some big gains going against us all (even my most hated coin is in this group).

Folio of Hate Investment Strategy

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For added perspective, I encourage everyone to take a look back at the launch of the 2022 folio. The comments are particularly eye opening.

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TLDR: Yolo'd cash into shitcoins this sub hates. In Jim Cramer style, this will probably outperform the sub.