An equal-weight altcoin index: the ten largest altcoins
Hold the ten largest altcoins in equal parts and do nothing else. A yardstick that shows what altcoins do on their own.
The rule
Take the ten largest coins other than bitcoin and ether. Give each 10%. Once a month restore the equal shares and update the list.
Why people use it
It is the simplest way to own altcoins as a group, without picking winners. Every altcoin bot here should be compared with it.
Where it hurts
It has no protection at all. In a crypto bear market a basket of altcoins can lose most of its value, and many altcoins never return to their highs.
How our bot runs it
The bot holds the ten largest altcoins by trading volume at 10% each and rebalances on the first day of each month. It is the benchmark of the altcoin group and is expected to be the most volatile account.
Live account
A virtual $100,000 account that follows this rule. Every trade is on the bot's page.
| Bot | Account | Return |
|---|---|---|
| Ten altcoins in equal parts (benchmark) | $100,000 | +0.00% |