Hello everyone it's officially been a week since I started this simulation so here is the week-1 update. If you are not aware of what's the challenge about please check out my Orignal article. Even then Here are the rules. 

1. I am using 7 different types of crypto assets such as meme coins, Defi, etc. 

2. Each one starts with an initial capital of $100 and I will put in $25 a week into each one. This is to show the power of consistency to all.

So now that I have specified the rules let's jump straight into the weekly performance.

1. All in bitcoin.

As you all can see it was an amazing week for bitcoin and the right time to start the simulation. But one thing to keep in mind is that I think BTC is overvalued right now but that's what dollar-cost averaging is about you have to buy both times when high and also low. To be honest Long term this simulation is not sustainable as I would hold my bitcoin (If I had) In celsius or stake any other coins so long term the returns will be far higher. At least that's what I think. Now moving on to the next one we have

2. All in Ethereum

Ethereum Has been my favorite and will remain so for a long time to come again I think long-term Eth is going to flip BTC which is a moment most Ethereum fans will be waiting for Including me considering that Bitcoin outperformed Eth last week I think it's Eth's time to shine this week. Also, as its altier upgrade coming up Soon Eth Could be worth a lot more. and up next we Have

3. Top ten equal

As you can see this week's Top performer was Bitcoin and the least was Uniswap considering that Uniswap still has a ton of potential I'm not disappointed Also if you don't like Uniswap feel free to comment down below with your reasons. I will try to answer to all of them. Now moving on to the next one we Have

4. Top 50 equal

Here I invest equally in all the top 50 coins coming to the winners we have Shiba Inu (Maybe I was wrong in my previous post or maybe not only time will say.). The worst performing was ecash While it's been only a week already seen positive results all Thanks to Musk. considering that I have no money to invest in crypto right not I will stick to Trading AMPL with my tips on kucoin. and up next we have

5. Top 10 weighted average

As I told you in my previous posts this one acts as a crypto market ETF in general which is low-risk low return at least in the crypto world.

 As you can see bitcoin is winning all week I do think that this week will be altcoin week if Bitcoin is doing good also AVAX was down and I think it's a good time to buy avalanche if you believe in the project.

6. Defi

This was the worst-performing section of the Simulation Mainly due to Dydx crashing 10% the winner was MakerDao at a 2% gain considering that my Cake could have been staked if I wanted to but it's not I would Have ended up in the green.

7. Memecoins

The winner for week one ended up being meme coins all due to Shiba and the musk mania. But I'm by no means dissatisfied at this is the first one to hit $200. But still, I think this is going to lose long-term that's just my feeling.

And to conclude I may not post next week I will try my best but I have exams Also Once I reach 100 followers I will post an article on How I made 70 cents into $40 trading using my publish0x tips at kucoin. Also, please like and share my article. Thanks for reading bye.