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100$ Split Into Top 10 Cryptocurrencies Every Week. Week #33 A good week


Intro

Last couple of weeks have been good. But will this continue? Is this the end of a bear market? I don't know. But I sure hope so. Anyway, a full recovery will take some time. And I am not expecting new all-time highs anytime soon.

Previous update here.

About the experiment

Follow along my journey of investing 100$ every week split equally into the Top 10 cryptocurrencies at the time. I will post updates about the overall growth of my experimental portfolio as well as some insights about the biggest winners and losers of the portfolio.I am not including stablecoins in my experiment, and will not be staking or earning interest on any cryptocurrency in this experimental portfolio. The purpose of this experiment is to see if investing weekly in Top 10 cryptocurrencies is a feasible long-term investment strategy and to measure it against other common strategies. For the purposes of this experiment, I will also not take into account trading fees, so I can invest an equal amount of dollar value into each of the cryptocurrencies.

Week # 33 - DOWN 26.1%

Pre-purchases

Total value: 2,364.70$

Total invested: 3200$

Profit/Loss: -835.32$

Portfolio vs BTC:

Overall:

Portfolio: -26.1%

BTC(same period): -23.76%

Portfolio vs the S&P500 YTD:

Overall:

Portfolio: -26.1%

S&P500 YTD: -10.2%

Biggest winners of the week:

1.SHIB - 27.9%

2.STETH - 12.8%

3.ETH - 11.6%

Biggest losers of the week:

1.BNB - -2.1%

2.TRON - -1.2%

3.AVAX - -1.0%

Week #33 - pie chart

Pie chart of holdings before acquisitions.
image.png

List of Top 10 cryptocurrencies and their prices at the moment.

image.png

Changes in Top 10:

DOT -1

DOGE +1

SHIB +1

AVAX OUT

STETH IN

Purchases - 100$

1.BTC +0.000416 Price $24033.19

2.ETH +0.00526 Price $1901.30

3.BNB +0.0316 Price $316.43

4.ADA +18.11 Price $0.552102

5.XRP +27 Price $0.370193

6.SOL +0.227 Price $44.06

7.DOGE +131.7 Price $0.075945

8.DOT +1.135 Price $8.81

9.SHIB +640900 Price $0.00001561

10.STETH +0.00539 Price $1855.88

Portfolio after purchases:

Total value: 2,475.37$

Total invested: 3300$

Profit/Loss: -824.67$

%Change: -24.99%

Pie chart after purchases:

image.png

Stay tuned for an update next week!

I will post an update of:

  • Overall value change of portfolio
  • My weekly purchase
  • Changes in Top 10 cryptocurrency list
  • Biggest gainers and losers of portfolio

Thank you for reading!

Feel free to comment and leave some feedback.

Good luck with your investments! Let the money do the work!

One last thing

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Top 10 cryptos portfolio
Top 10 cryptos portfolio

This blog will follow my journey of investing 100$ a week split equaly in top 10 cryptocurrencies at the time.

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