The ExperimentTutorials

How to run the Experiment

By January 29, 2018 18 Comments

Many of you have been asking how to run the “Buy and Hold 100 cryptocurrencies for 5 years” experiment, where exactly to buy the cryptos and how to actually get started. To make the whole process easier I decided to make a tutorial in details, where all your doubts and obstacles should be finally gone.

First of all, let me explain you on what the experiment consist. On December 8, 2017, I invested $1000 USD on the top 100 cryptocurrencies based on the market cap, buying $10 of each. Instead of selling them with a profit, I will just wait 5 years and see what happens with it.

We will divide this tutorial into few steps.

  • Where to start?
  • How to buy Bitcoin?
  • Exchanges needed to buy all the cryptocurrencies


Where to start?

First of all, you should have a clear understanding on what cryptocurrencies you want to invest, as I already mentioned before I simply bought the top 100 by market cap, if you want to do something similar, you can check coinmarketcap.com and see what the top 100 cryptos are at the moment. If you want to get the same cryptocurrencies I got, then I’m going to list all of them for you and point you to the right exchange to get them. After that, you will need to buy some Bitcoins and use part of it to buy the other cryptocurrencies. So let’s get started.

How to buy Bitcoin?

If you want to use a debit/credit card the easiest and quickest way would be to do it with Coinbase.
(if you need help follow the tutorial

)
Otherwise, if you want to buy it with cash or alternative payment methods, such as PayPal, Skrill, Alipay, Postepay, Dwolla, Venmo, Vanilla, Square Cash, etc. etc. I suggest you check out Localbitcoins

Once you got some Bitcoins you need to send them to the other exchanges to buy the cryptocurrencies.Don’t worry I’m going to guide you through this.

Exchanges needed to buy all the cryptocurrencies

We’re going to use 5 exchanges to buy all the cryptocurrencies we need to do the experiment. If you already have the accounts you can skip to the next step

  1. Make an account on Binance , if you need help follow the tutorial 
  2. Make an account on Kucoin , if you need help follow the tutorial 
  3. Make an account on Hitbtc ,  if you need help follow the tutorial 
  4. Make an account on Cryptopia
  5. Make an account on Bittrex

If you want to know exactly how many cryptocurrencies you can get from each exchange, here is the breakdown

Just one thing you should know before starting, many exchanges have high fees to withdrawal cryptocurrencies, sometimes it can be $4-5 so if you’re doing the experiment with only $10 for each cryptos then I suggest you to keep them on the exchange for now. But I noticed that Kucoin fees for withdrawals cryptocurrencies are way lower then any other exchanges, so if you’re running the experiment with a little amount of money like I did and don’t want to keep your coins on the exchange then It’s best to buy on Kucoin as many cryptos as possible.
LIST OF THE 99 CRYPTOCURRENCIES 
COIN SYMBOL EXCHANGE TRADING PAIR
0x ZRX Binance https://www.binance.com/trade.html?symbol=ZRX_BTC
Aeternity AE HitBTC https://hitbtc.com/exchange/AE-to-BTC
Aragon ANT HitBTC https://hitbtc.com/exchange/ANT-to-BTC
Ardor ARDR HitBTC https://hitbtc.com/exchange/ARDR-to-BTC
Ark ARK Binance https://www.binance.com/trade.html?symbol=ARK_BTC
Augur REP HitBTC https://hitbtc.com/exchange/REP-to-BTC
Bancor BNT Binance https://www.binance.com/trade.html?symbol=BNT_BTC
Basic Attention BAT Binance https://www.binance.com/trade.html?symbol=BAT_BTC
Binance Coin BNB Binance https://www.binance.com/trade.html?symbol=BNB_BTC
BitBay BAY Cryptopia https://www.cryptopia.co.nz/Exchange?market=BAY_BTC
Bitcoin Cash BCH Binance https://www.binance.com/trade.html?symbol=BCC_BTC
Bitcoin Gold BTG Binance https://www.binance.com/trade.html?symbol=BTG_BTC
BitcoinDark BTCD Cryptopia https://www.cryptopia.co.nz/Exchange?market=BTCD_BTC
Bitconnect BCC HitBTC https://hitbtc.com/exchange/BCC-to-BTC
Bitshare BTS Binance https://www.binance.com/trade.html?symbol=BTS_BTC
Blocknet BLOCK Bittrex https://bittrex.com/Market/Index?MarketName=BTC-BLOCK
Byteball Bytes GBYTE Bittrex https://bittrex.com/Market/Index?MarketName=BTC-GBYTE
Bytecoin BCN HitBTC https://hitbtc.com/exchange/BCN-to-BTC
Bytom BTM Kucoin https://www.kucoin.com/#/trade/BTM-BTC
Cardano ADA Binance https://www.binance.com/trade.html?symbol=ADA_BTC
ChainLink LINK Binance https://www.binance.com/trade.html?symbol=LINK_BTC
Civic CVC Kucoin https://www.kucoin.com/#/trade/CVC-BTC
Counterparty XCP Bittrex https://bittrex.com/Market/Index?MarketName=BTC-XCP
Cryptonex CNX HitBTC https://hitbtc.com/exchange/CNX-to-BTC
Dash DASH Binance https://www.binance.com/trade.html?symbol=DASH_BTC
Decentraland MANA Binance https://www.binance.com/trade.html?symbol=MANA_BTC
Decred DCR Cryptopia https://www.cryptopia.co.nz/Exchange?market=DCR_BTC
DigiByte DGB Kucoin https://www.kucoin.com/#/trade/DGB-BTC
DigixDAO DGD Binance https://www.binance.com/trade.html?symbol=DGD_BTC
Dogecoin DOGE HitBTC https://hitbtc.com/exchange/DOGE-to-BTC
Edgeless EDG HitBTC https://hitbtc.com/exchange/EDG-to-BTC
Einsteinum EMC2 Cryptopia https://www.cryptopia.co.nz/Exchange?market=EMC2_BTC
EOS EOS Binance https://www.binance.com/trade.html?symbol=EOS_BTC
Ethereum ETH Binance https://www.binance.com/trade.html?symbol=ETH_BTC
Ethereum Classic ETC Binance https://www.binance.com/trade.html?symbol=ETC_BTC
Exchange Union XUC HitBTC https://hitbtc.com/exchange/XUC-to-BTC
Factom FCT Cryptopia https://www.cryptopia.co.nz/Exchange?market=FCT_BTC
Funfair FUN Binance https://www.binance.com/trade.html?symbol=FUN_BTC
GameCredits GAME Cryptopia https://www.cryptopia.co.nz/Exchange?market=GAME_BTC
Gas GAS Kucoin https://www.kucoin.com/#/trade/GAS-BTC
Gnosis GNO HitBTC https://hitbtc.com/exchange/GNO-to-BTC
Golem GNT Cryptopia https://www.cryptopia.co.nz/Exchange?market=GNT_BTC
Groesltcoin GRS Cryptopia https://www.cryptopia.co.nz/Exchange?market=GRS_BTC
GXShares GXS Binance https://www.binance.com/trade.html?symbol=GXS_BTC
Hshare HSR Kucoin https://www.kucoin.com/#/trade/HSR-BTC
Iconomi ICN Binance https://www.binance.com/trade.html?symbol=ICN_BTC
IOTA IOT Binance https://www.binance.com/trade.html?symbol=IOTA_BTC
Komodo KMD Binance https://www.binance.com/trade.html?symbol=KMD_BTC
Kyber Network KNC Kucoin https://www.kucoin.com/#/trade/KNC-BTC
Lisk LSK Binance https://www.binance.com/trade.html?symbol=LSK_BTC
Litecoin LTC Binance https://www.binance.com/trade.html?symbol=LTC_BTC
Loopring LRC Binance https://www.binance.com/trade.html?symbol=LRC_BTC
MaidsafeCoin MAID HitBTC https://hitbtc.com/exchange/MAID-to-BTC
Metal MTL Binance https://www.binance.com/trade.html?symbol=MTL_BTC
Metaverse ETP HitBTC https://hitbtc.com/exchange/ETP-to-BTC
Monaco MCO Binance https://www.binance.com/trade.html?symbol=MCO_BTC
Monacoin MONA Bittrex https://bittrex.com/Market/Index?MarketName=BTC-MONA
Monero XMR HitBTC https://hitbtc.com/exchange/XMR-to-BTC
Nav Coin NAV Cryptopia https://www.cryptopia.co.nz/Exchange?market=NAV_BTC
NEM XEM HitBTC https://hitbtc.com/exchange/XEM-to-BTC
NEO NEO Kucoin https://www.kucoin.com/#/trade/NEO-BTC
Nexus NXS Cryptopia https://www.cryptopia.co.nz/Exchange?market=NXS_BTC
Nxt NXT HitBTC https://hitbtc.com/exchange/NXT-to-BTC
Omnisego OMG Binance https://www.binance.com/trade.html?symbol=OMG_BTC
ParticL PART Bittrex https://bittrex.com/Market/Index?MarketName=BTC-PART
Peercoin PPC HitBTC https://hitbtc.com/exchange/PPC-to-BTC
PIVX PIVX Cryptopia https://www.cryptopia.co.nz/Exchange?market=PIVX_BTC
Populous PPT Kucoin https://www.kucoin.com/#/trade/PPT-BTC
PotCoin POT Cryptopia https://www.cryptopia.co.nz/Exchange?market=POT_BTC
Power Ledger POWR Kucoin https://www.kucoin.com/#/trade/POWR-BTC
Pura PURA Kucoin https://www.kucoin.com/#/trade/PURA-BTC
Qtum QTUM Binance https://www.binance.com/trade.html?symbol=QTUM_BTC
Quantumstamp QSP Kucoin https://www.kucoin.com/#/trade/QSP-BTC
Raiden Network RDN Kucoin https://www.kucoin.com/#/trade/RDN-BTC
Request Network REQ Kucoin https://www.kucoin.com/#/trade/REQ-BTC
Revain R Kucoin https://www.kucoin.com/#/trade/R-BTC
Ripple XRP Bittrex https://bittrex.com/Market/Index?MarketName=BTC-XRP
SALT SALT Binance https://www.binance.com/trade.html?symbol=SALT_BTC
Siacoin SC HitBTC https://hitbtc.com/exchange/SC-to-BTC
SingularDTV SNGLS Binance https://www.binance.com/trade.html?symbol=SNGLS_BTC
Skycoin SKY Cryptopia https://www.cryptopia.co.nz/Exchange?market=SKY_BTC
Status SNT Kucoin https://www.kucoin.com/#/trade/SNT-BTC
Steem STEEM HitBTC https://hitbtc.com/exchange/STEEM-to-BTC
Stellar Lumens XLM Binance https://www.binance.com/trade.html?symbol=XLM_BTC
Storj STORJ Binance https://www.binance.com/trade.html?symbol=STORJ_BTC
Stratis STRAT Binance https://www.binance.com/trade.html?symbol=STRAT_BTC
Substratum SUB Kucoin https://www.kucoin.com/#/trade/SUB-BTC
Syscoin SYS Bittrex https://bittrex.com/Market/Index?MarketName=BTC-SYS
TenX PAY Kucoin https://www.kucoin.com/#/trade/PAY-BTC
TRON TRX Binance https://www.binance.com/trade.html?symbol=TRX_BTC
VeChain VEN Binance https://www.binance.com/trade.html?symbol=VEN_BTC
Verge XVG Binance https://www.binance.com/trade.html?symbol=XVG_BTC
Veritaseum VERI HitBTC https://hitbtc.com/exchange/VERI-to-BTC
Vertcoin VTC Bittrex https://bittrex.com/Market/Index?MarketName=BTC-VTC
Viacoin VIA Bittrex https://bittrex.com/Market/Index?MarketName=BTC-VIA
Walton WTC Kucoin https://www.kucoin.com/#/trade/WTC-BTC
Waves WAVES Binance https://www.binance.com/trade.html?symbol=WAVES_BTC
Zcash ZEC HitBTC https://hitbtc.com/exchange/ZEC-to-BTC
Zcoin XZC Binance https://www.binance.com/trade.html?symbol=XZC_BTC
If you want to suggest something to make this tutorial easier to understand, please go ahead.

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