Big Tech or Crypto - Experiment. (#6)

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CryptoIsBeautiful

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2 years ago

In community: Cryptocurrency and Blockchain(7b7f)

Topics: Finance, Cryptocurrency, Cryptocurrencies, Money, Crypto

Elon Musk helps Twitter. Is Bich Tech stock better than Crypto?

Which portfolio will yield higher returns?

The sixth month of my experiment.

Details here - https://read.cash/@CryptoIsBeautiful/big-tech-or-crypto-experiment-which-portfolio-will-yield-higher-returns-b5a64e29

Investments

On May 1, stocks and tokens cost:

Big Tech portfolio.

Twitter $49.02
Google $2282.19
Meta $200.47
Robinhood $9.81

Crypto portfolio.

BAT $0.5811
LBRY $0.02421
HIVE $0.7924
PRE $0.1191
CAKE $7.51

Everything is falling down. Are we entering a bear market? Well almost everything because Elon Musk announced he would buy Twitter and Twitter's share price is higher than it was in April.

Results.

Crypto's portfolio includes [total tokens]:

Big Tech's portfolio includes [total shares]:

Portfolio value after each month.

Twitter shares are the only asset that is in profit in this experiment (33%). The worst of Big Tech is Robinhood (almost 25% loss) and the worst of Crypto is Presearch (over 38% loss). Mainnet Presearch, a decentralised search engine built on blockchain, launches in May. Maybe this will at least improve their results a little? PRE token price is dropping but some are happy because now there are more reward tokens for each search.

At the current price, you can collect 3.6 PRE each day. If you want to change your search engine to Presearch then you can register from the link below and you will get 25 PRE to start and I will get 25 PRE when you collect 50 tokens per search.

If you want to know who will win this uneven fight, don't forget to follow my blog. I will try to post a summary of the results each month.