Ten months ago, I combed through all the posts here to find the subs most despised coins. I combined into a single awful folio. This is an update on the FOLIO OF HATE. How much do you want it to fail? Does it still make you angry?

Good morning all,

We're in a bear market. Inflation is rampant. We're out of FIAT. The British pound is crushed. Shit sucks. But that doesn't mean we can't still have some fun right?

For those that were around at the beginning of the year, you might remember that I created this. The FOLIO OF HATE. I invested (yolo'd?) $100 into this subs most hated coins. Some coins are hated because of utility, some because of corruption, some because of the the shills. Whatever the reason, I decided to act on the theory that this sub can actually pick winners by investing into the ones that we all hate the most.

So, $100 was invested on the same day to each of the ten coins/tokens. Here is how it has fared.

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Ten Month Performance

Down 64% or $640 in ten months.

What about the individual results? Surely they're not all bad? Right?

Best performer: USDT -0.08 %

Worst performer: LRC -87.22 %

Surprise Performer: BNB -47.36%

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Individual Ten Month Performance

Despite the savagery of the capitulation and bear market, there are some interesting observations.

Personal points of interest:

• Binance is the best non-stablecoin performer. This could be connected to the collapse of other exchanges/lenders. It is the only non-stablecoin that is not down more than 50%.
• Despite the court issues plaguing Ripple, the XRP is still holding well comparatively.
  
• Investing in Dogecoin - was a better investment than top guns Solana and Cardano.
• Despite scamming millions, involved in court battles, and led by a corrupt CEO, Safemoon is not the worst performer.
• Tether - FUCKING TETHER - is still the folios best performer.
• The value of the folio has not really moved in the past 2-3 months. A seemingly flat movement has emerged during this time indicating a possible bottom for the FOLIO OF HATE may have been reached.

I am aware that perceptions and opinions shift over time, so it is of course possible that we hate these coins more than ever.

Original post for reference.

Submitted October 04, 2022 at 12:19AM by gnarley_quinn https://ift.tt/G4n1XAb https://ift.tt/ernblVT