Cal said:
This is really tempting for the next 6 to 9 months
Too much XRP. Just kidding, mostly.
Cal said:
This is really tempting for the next 6 to 9 months
Yeah, this might be worth a shot.
A coin10 would be enough…
douglasstem said:
A coin10 would be enough…
Agreed. Including 50 seems too inclusive of bad coins or pump schemes.
douglasstem said:
A coin10 would be enough…
Agreed. Including 50 seems too inclusive of bad coins or pump schemes.
You didn’t read the article, did you?
@Davis
I read it. What are they missing?
Livingstone said:
@Davis
I read it. What are they missing?
The bottom 45 coins only make up 11% of the fund.
Livingstone said:
@Davis
I read it. What are they missing?
The bottom 45 coins only make up 11% of the fund.
If you have to cut back their position to keep the portfolio stable, it might not be worth holding them at all. I’d stick with a coin10 at most.
@Livingstone
Not much different from the S&P 500, where the bottom 300 make up 14%.
MintMingle3 said:
@Livingstone
Not much different from the S&P 500, where the bottom 300 make up 14%.
True, but stocks aren’t generally memes that could crash to zero at any moment.
@Davis
Is there a paywall?
douglasstem said:
A coin10 would be enough…
Agreed. Including 50 seems too inclusive of bad coins or pump schemes.
Doge being weighted like that is ridiculous. I know the market cap justifies it, but they should consider it more. Though in an index fund, market cap should determine inclusion.
@Franklyne
You’re free to make your own portfolio, but that’s not how any index product works. Many questioned Tesla’s addition to the S&P, and it has been great for the index.
Wyatt said:
@Franklyne
You’re free to make your own portfolio, but that’s not how any index product works. Many questioned Tesla’s addition to the S&P, and it has been great for the index.
Many questioned Tesla’s addition and it’s worked well for the index.
I don’t disagree about including Tesla or how indexes should work, but since it was added, the S&P 500 has done better than Tesla, even with the recent rise.
@Franklyne
If we’re going with discretion, everyone will have an opinion on what to remove.
Why is TRX in the top 10 (after stablecoins)? It’s run by a known scammer.
BNB? It can be created from nothing by exchanges.
SOL? Doesn’t FTX hold a large amount?
ADA? It took years to launch a smart contract.
If we really want to use discretion, there are plenty of shady things among top cryptos, so a blanket method might be best.
douglasstem said:
A coin10 would be enough…
Agreed. Including 50 seems too inclusive of bad coins or pump schemes.
And top 10 has no bad coins? What are you on about
@Onyx
If they don’t want bad coins, they should just create a coin1 fund lol
MysteryMaverick said:
@Onyx
If they don’t want bad coins, they should just create a coin1 fund lol
No need for a coin1 fund, it’s available as an ETF now or you can buy directly.
douglasstem said:
A coin10 would be enough…
Pretty much. If you remove stablecoins and wrapped coins, you get far down the list.
douglasstem said:
A coin10 would be enough…
A coin1 is enough