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100$ Split Into Top 10 Cryptocurrencies Every Week. Week #39 - A bit better
It's week 39. We are on week away from having invested $4000. And so far we are down quite a lot. The whole investing space is feeling pain this year. But could this turn out to be the golden buy-the-dip opportunity? I guess time will tell. For now, I will just keep doing what I am doing. And move forward with the experiment.
Follow along my journey of investing 100$ 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.