[Experimental Consensus Portfolios] Altcoin Sponsors vs Top5

Everyone’s aunt and his dog Chewy are so convinced that the next Bullrun will begin with the Consensus conference, starting in a few hours. Bitmex junkies sit in front of their monitors, waiting for the “pamp” with their nerves to become caressed by the neat “system overload” feature of the trading exchange. We’d love to see more of a slow and steady growth, but what does Bitcoin care? Exactly.
As most Altcoins are still in shock from the last dump Bitcoin has issued, there are some opportunities to grab some red-hot items – not because of Consensus, but with Consensus in mind.

Many crypto blogs and websites hyping Consensus across the place right now.  We thought this might be an interesting chance for a nice experiment. Will an altcoin sponsor portfolio perform better than a Big 5 portfolio of Bitcoin, Ethereum, Ripple, BitcoinCash, and Litecoin? Let’s go shopping and run these against each other!

While we can’t conclude from past results the outcome of current events, the past has shown some nice moves in the months after consensus. Keep in mind, that there is no clear connection and there are several other reasons in play, why the markets have moved after the event. One should not go all-in due to a vague thought, based on past happenings.

Despite these thoughts, it is interesting to see, what our friends from Bitmex Lifestyle recently published:

So based on the exposure on the Consensus, we will create now several altcoin portfolios and one Top5 Portfolio, let’s check them in ~60 days. We don’t care too much about the perfect entry and just throw hypothetical 1K over the following altcoins and observe what will happen. This is more of an experiment to see and learn what happens. The portfolios are the following:

Four Block Sponsors Portfolio

• ARK
• Nem (XEM)
• Ripple (XRP)
• VeChain (VEN)
• SONM (SNM)

Starting value: 5,000 USD
Live Portfolio: https://smartoptions.io/four-block-sponsors-portfolio/

Three Block Sponsors Portfolio

• Icon (ICX)
• QLink (QLC)
• Lisk (LSK)

Starting value: 3,000 USD
Live Portfolio: https://smartoptions.io/three-block-sponsors-portfolio/

 

Two Block Sponsors Portfolio

• Agrello (DLT)
• AION
• Civic (CVC)
• Cobinhood (COB)
• DASH
• Nebulas (NAS)
• Polymath (Poly)
• Zcash (ZEC)

Starting value: 8,000 USD
Live Portfolio: https://smartoptions.io/two-block-sponsors-portfolio/

Single Block Sponsors Portfolio

• Aelf (ELF)
• Bodhi (BOT)
• Decred (DCR)
• Factom (FCT)
• Salt (SALT)
• Santiment (SAN)
• WanChain (WAN)
• ZCash (ZEC)

Starting value: 8,000 USD
Live Portfolio: https://smartoptions.io/single-block-sponsors-portfolio/

Top 5 Portfolio

• Bitcoin (BTC)
• Ethereum (ETH)
• Litecoin (LTC)
• Ripple (XRP)
• Bitcoin Cash (BCH)

Starting Value: 5000 USD

Coin	Name	Purchase price	Quantity	Current Price	Change	% Change	Value
		1000	0.118
		1000	1.47
		1000	1454
		1000	7.19
		1000	0.697

 

 

 

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