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RE: A Cryptoasset Index Fund on Bitshares

in #bitshares7 years ago

I guess the only thing I don't like about twentix is that it has some coins I'm not a big fan of like BCH. Definitely thinking about getting into this still, I haven't made any trades in a while but have been thinking I should lately. My only problem is time to commit to trading and learning it, so something like twentix seems like a great option, I guess I'd just like to see more like it where people are adding in low Mcap gems and coins outside the top 50 at smaller percentages

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The beauty is that twentix is only the beginning. It is the concept that can be applied to many particular uses. For the examples you brought up -- I could absolutely see a copy of twentix launched by people who don't think bitcoin cash and ripple should weigh in the valuation. The principle of an index can satisfy both with two different applications.

I appreciate how twentix keeps in bch because it removes my personal bias against projects I do not like. That is the idea of passive investing after all.

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