A crypto experiment - I'll let you know how it goes

By LeftFooted | bitcoinea | 16 Dec 2023

Revolut was one of the first companies to offer an easy to way to buy 'collections' of crypto.

It's pretty straightforward. You pick a 'group' of cryptocurrencies, and invest any amount you want, which is split equally across cryptos of the same type.

At the time of writing, Revolut has 10 'collections'.

DeFi - Asset backed (PERP, SNX, UMA) and DEX (1INCH, BAL, BNT, CLV, CRV, IDEX, KNC, LRC, SUSHI, UNI, ZRX, FIDA, HFT)
NFT/Entertainment - Gaming/VR (AXS, ENJ, JASMY, MANA, SAND, GODS, AGLD) and NFT/Social (APE, CHZ, IMX, OGN, LPT, SUPER, RARE)
Networks - Layer 1 (ADA, ALGO, ATOM, AVAX, BTC, CELO, COTI, CRO, DOT, EOS, ETC, ETH, FLOW, LTC, SOL, XLM, APT, XTZ, FTM, KAVA) and Layer 2/Sidechain (CTSI, LRC, MATIC, OMG, SKL, SYN)
Payments/Currencies - Payments (ACH, AMP, APE, BAT, CELO, CHZ, CRO, MANA, REQ) and Currencies (BCH, BTC, DASH, DOGE, FORTH, LTC, SHIB, XLM, XRP)
Infrastructure - Data Management and storage (BAND, ENS, FIL, GRT, JASMY, LINK, MASK, OXT, STORJ, TRB API3, MINA, GAL, BLZ, CVC, XCN) and IoT / Shared Compute (ANKR, FET, NKN, RLC, RNDR, ARPA, POND)

I bought $30 worth of of IoT / Shared Compute, and my plan to increase that amount to $100.

After that, I'll buy $100 worth of each collection.

That'll be a $1,000 investment.

A year, two, or three, or ten from now, I'm totally prepared to see that investment go down to $10. But I'm also prepared to see it go up to $10,000.

I think it's a great way to get some exposure to different assets without necessarily investing a lot of time and money. Also, statistically, it's unlikely that they'll all underperform.

I'm gonna keep you posted.

Probably with weekly or monthly updates.

In fact, I'll start right now.

December 16 update

Left, the ticker symbol of the crypto in the collection - Right, the amount I hold at the moment as part of the 'collection' (in USD)