A user named Smokinpeanut on Reddit shared a piece of content titled “Investing $2 in 500 different altcoins”.
Stating that he normally invests with larger money, the user said, “Why don’t you take a risk and invest $2 in 500 altcoins that you choose at random?” said.
This is the reason why he asked this question last year. to meme tokens If the investment was made, there was a possibility of becoming a millionaire right now. In addition to user sharing:
Perhaps next year we will invest in a token that no one has mentioned that will generate a similar return. Who knows?
said.
Stating that he normally trades more securely, the redditor said that he always applies hodl and DCA (dollar cost average) strategy.
Another user named Ditto_B was impressed by Smokinpeanut’s article and prepared a table by thinking about what would happen if we invested in coins between the 250th and 750th in CoinMarketCap (CMC) last year. The user, who stated that some of the coins were not in the first 5000 places in CMC, said that he saw all the money he would invest as a loss.
As a result of the table he prepared, Ditto_B invested 2 dollars in each coin and bought 500 different coins at the end of a year. $41,203 calculated as achieved.