Trekker-5 crypto-index – a new way to look at cryptocurrency?

I would like start out each post with this note: Hi! I would like to welcome all new readers to the Business-Trek journey. As a fellow trekker on this path of life I hope our interaction now adds value to your life. I would also like to thank my current readers and followers for your support. I’m still amazed by how all of you are helping to make this blog grow – thank you.

Disclaimer: The following review is for entertainment purposes only and should not be used as financial advice. Please consult a finance professional before engaging in any investments.

Hey guys, I’m a student of finance and one of the thing I used in order to benchmark my investment ideas off of is the S&P500 – as a thank you for all of my readers – I’ve developed my own index for cryptocurrencies using five of the major cryptocurrencies on the market:

  1. Bitcoin
  2. Ethereum
  3. Monero
  4. Dash
  5. Litecoin

These five were chosen for their popularity in the cryptocurrency market. Other coins were considered but were omitted due to complications that come up during calculations.

The Trekker-5 crypto-index closed at $1629.519 on January 24, 2018 which is a 5.261% growth over its close on January 23, 2018.

I will also be doing a new series just like my 100 reasons to read a book, and 2018 reading challenge where I will compare and benchmark Bitcoin, Ethereum, Monero, Dash, Litecoin, Zcash and Ripple with Trekker-5 crypto-index.

Stay tuned later today!

Photo by David McBee from Pexels

 

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