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RE: Dogs of the Dow - Worst performing Dow stocks
Interesting theory. Being a crypto-only guy, I haven't heard this expressed in words before, but I have most certainly observed that effect. My "dog" investments are those I'm holding onto the tightest, because I know that realistically they offer the highest returns when they recover or go through the next hype cycle (crypto is always going through hype cycles).
Thanks to Investors Club I'm sure I'll learn many more things of this nature. If anyone wants to know which good but underperforming cryptos are available, then pop on over to my page and you'll find plenty in my posts, or have a chat in the comments somewhere and I'd be happy to discuss this with you.
old post >
https://steemit.com/bitcoin/@tradergurl/dogs-of-the-dow-for-crypto
Thanks
How about fantasy trading some crypto. I don't know of any good online tools, but you could approximate it yourself if you keep the portfolio small. Why not see what you could do in a year or so, but without risking any funds? It may show you the potential of the market better, but without the risk. And you can test how shit-hot you are ;)
I don't need to prove anything, because I don't make 'predictions' ;-)
My bottom line already tells me how shit hot I am. I'll settle for 'awesome' though lol :-)
I might try the 'crypto dogs', that would be interesting I think. But on a monthly basis, not yearly.
I'm afraid that monthly is too short. I a bear market, they'll do nothing, in a bull market they may Moon or they may miss it due to limited time. One of the biggest problems I see with crypto traders is that their memories are too short and they give up too easily.
Tell you what, if you pick a few dogs then tell me how many you picked and the approximate market cap of each. I'll then match them with a few of my own and we can see who does best! I suggest a period of 12 months, but we can do whatever suits you.
I'd literally just pick the lowest 10 market caps from the top 100, no skill involved. That's the dogs theory, it's not discretionary where you chose which ones, you have to have those ones and that's it.
Ooh, top 100 is way too high in crypto.
I have heard of people doing a similar (theoretical) experiment with the very bottom 10 coins with defined market caps. The results were very positive, mainly from one or two coins which Mooned while the others did nothing or died.
That's pretty much the idea of it, although it's meant to be around 8/10 increase while 2/10 fail (ordinary shares)