If You’d Bought These Coins in 2014, This Is What You’d Have Made
On October 11, 2014, the top 10 coins by market cap were as follows:
The price of bitcoin was just shy of $400, XRP wasn’t worth a cent yet, the currently 29th-ranked DOGE was a top five market cap competitor (although lower in price), and BTC maximalism wasn’t really a thing. But what would happen if one took a time machine back, and invested a thousand bucks ($100 each) into crypto’s top 10 of October 11, 2014?.
So let’s say we’ve taken a time machine back to fall 2014, and invested $100 dollars in each of the top 10 cryptos (BTC, XRP, LTC, BTS, DOGE, NXT, PPC, NMC, XCP and DASH) on October 11. Promising crypto projects sink into sub-decimal obscurity faster than one can say “shitcoin,” while forks and new coins rise up swiftly, bringing fierce market challenge to the old guard.