[jatsign]

I put $100/week into the top 50 crypto coins, split evenly. I can afford to lose the money.

I wrote some code to run a few simple simulations against the past year (june 2016 - june 2017) of crypto coin values. If you had done this strategy during this time frame, you would have put in about $5,400, and it would be worth $56,000 at the end.

https://github.com/johntitus/coinsimulator

I ran the simulation using differing numbers of coins, and 50 seemed the sweet spot.

The majority of the returns came in the spring. The market has been down since then.

Obviously, the past does not dictate the future.

[tinkerrr]

A big problem with this strategy is that presumably you're buying the coins after they've had a huge run-up and gone into the top 50. Since you aren't doing any type of research into the coins, they are quite likely to be just pump and dumps. Just something to consider, even if you can afford to lose the money.

[purvis]

How do you keep track? Individual wallets or do you keep them on exchanges?