/biz/ - Business & Finance

Seriously, you don't actually think holding a coin in the top 20 is going to out perform the market right?

Why tie yourself to the success of EOS or BCH, just buy an index fund of the top 20 and enjoy the ride. It's a good way to hedge and gives you exposure to every top 20 crypto.

Why does noone talk about these at all? I feel like it's a great hedge against risk. You don't need to pick any coins to go with, you just get an index of the top 20, 50, whatever and have a bit of them all.

Just following the overall market cap and you're up 4x from this time last year. Why take profits into BTC or ETH, just put them into a diversified index fund.

You can put the rest of your money into low cap moon shots.

Who knows what will happen? Individual coins may rise and fall but cryptocurrency is here to stay.

Go all in and I mean ALL FUCKING IN on crypto20. It's a tokenized index of the top 20 coins by market cap, allocated weekly. Just sit in jail knowing that once you come out, you'll have made it. Ezpz.

C20 will win no matter which coins end up on top.

no future p'jeets?

shitcoins will sink but working products will rise to the top and their success will be the success of this bad boy right here. best long term (>5 years) bet you can make.

Who's ready for crypto20? Set it and forget it. Pumped shitcoins with no working product come and go but the market as a whole is gonna pop my pussy no matter what. The shit has tricentupled over the past month. Easiest buy I'll ever make.

Wut you guys think about this ICO?

This is a really interesting ICO. It's called Crypto20 and it uses a smart contract to automatically invest in the top 20 marketcap coins based on preset allocation percentages. I signed up for it on a whim, and now have a unique arbitrage opportunity because my buy in price is $1.10 while the token NAV is around $1.25

That means it's in my interest to buy as many as I can (assuming this general upward trend continues of course). And even if it doesn't, it is still a solid coin.

Consider that TaaS, a similar project, has a NAV of $1.20 and is trading at $4.20. Coins like this are very illiquid, and thus have a demand much higher than supply, and call for a very high price.

It looks like I'll be super comfortable come January when this gets added to exchanges. I know this board is full of pajeets and losers, but I am dead serious, does anyone want me to throw some bones into this for them? Let me know and we can work something out.

You cucks got in on this, right?

Bought some of this yesterday