Investing in an index fund is pretty much the safest investm

>Would investing in good crypto coins be profitable?

Yes retard, it certainly would.

>>3280377
Look into Bit20. It's an index fund that regularly rotates the top coins based on market cap, value, etc.

Check out this article:
http://woobull.com/data-visualisation-118-coins-plotted-over-time-this-is-why-hodl-alt-coin-indexes-dont-work/

I think it’s plausible that too much alt-coins currently are basically tending towards 0 because they don’t have solid fundamentals and will just run out of dev money.

IF you really want a "throw money in and dont look for years" product:
Either you go with BTC which is basically a kind of crypto index (market condition always hinges on BTC condition, at least for now; but BTC can always fall as the no1 crypto).
Or you hand-pick a number of solid cryptos that are developed by volunteers, ie. more technology than business.

>>3280668

I just got back from messing with my excel spreadsheet of prices.

If I had invested $1 spread equally into the top 30 coins from exactly 1 year ago, my $1 would now be worth $16. Not counting trade fees.

If had invested in just the top 20 coins, it would turn $1 into $17. And the top 10 coins alone would have turned $1 into $22.

In the top 30 coins from 1 year ago, the two best coins had multiples of more than 55x after a year. The two worst coins would have actually lost money.

It appears that investing into a good number of coins (at least 10-20) is a solid way to latch onto the overall trend of market growth, without risking the chance of accidentally only investing into a bad coin. However, investing into too many coins actually reduces your chances of making decent gains. Presumably because there are so many shitty coin scams out there.

>Would it therefore make sense to invest my funds in crypto like I would in an index fund
I doubt it.
Compare crypto to penny stocks.
If i spread out my money into all of the penny stocks out there, in 10 years I would definitely have a -30% ROI.

There is a company that does this. They have their own "index funds" made up of coins. I forget the name of the token.

>>3280377
Get some:
BTC,ETH,LTC,XMR,DASH and you will do fine.
Wait for correction that will come next or during this weekend.

>>3280849
ICONOMI

>>3280377
buy BLX from iconomi platform

>>3280885
yeah that's it.

They seen to have a decent platform. They make their holdings completely public though. Barring sudden changes I don't see much that's just keeping people from mirroring them.

>>3280828

Did you take the actual top 30 coins or the top 30 coins one year ago ?