100$ Split Into Top 10 Cryptocurrencies Every Week. Week #14 - 20% Up.

Intro

This update is going to be a bit different and simpler as I am currently traveling and didn’t bring my laptop. Things are getting better and better in the crypto space and coincidentally my experimental portfolio is also doing pretty good! We are up 20% since the portfolio was created. At this point in time it seems like the weekly buying during market downturns is starting to pay off. But the future still remains uncertain.

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 # 14 - UP 21.15%

Pre-purchases

Total value: 1574.93$

Total invested: 1300$

Profit/Loss: 174.93$

Biggest winners of the week:

This week has been great for SOL

1.SOL    -         33.5%

2.LUNA -         22.5%

3.AVAX  -        12.3%

Biggest losers of the week:

Cant call these losers, let's say worst performers

1.XRP.          -     1.4%

2.ADA          -     2.6%

3.BTC          -     4.5%

Week #14 -  pie chart 

Pie chart of holdings before acquisitions.

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

Source

Purchases - 100$

Once again I bought 10$ of each of the Top10 crypto currencies. 100$ in total. As I am writing this from my phone I didn’t bother to type out the price of each coin this time. The regular updates will be back when I get back home.

Portfolio after purchases:

Total value: 1,679.26$

Total invested: 1400$

Profit/Loss: 191.31$

%Change:  14.72%

Pie chart after purchases:

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!