100$ Split Into Top 10 Cryptocurrencies Every Week. Week #44 - Beating S&P 500

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10 months ago


This week has been fantastic. Largely thanks to Elon Musk buying Twitter. Dogecoin is up over 100% this week. And other coins aren't doing bad as well. This week we have eliminated almost half of our losses. One more week like this and it's breakeven. But it probably won't happen that fast. But we are currently outperforming S&P500. Last week's 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 # 44 - DOWN 17.9%


Total value: 3,530.34$

Total invested: 4300$

Profit/Loss: -769.73$

Portfolio vs BTC:


Portfolio: -17.9%

BTC(same period): -25.03%

We are ahead of Bitcoin once again.

Portfolio vs the S&P500 YTD:


Portfolio: -17.9%

S&P500 YTD: -18.2%

Our portfolio is currently in the lead.

Biggest winners of the week:

1.DOGE - 101.2%

2.SHIB - 20.7%

3.ETH - 17.9%

Biggest losers of the week:

1.XRP - -2.3%

2.TRX - 1.7%

3.MATIC - 2.2%

Week #44 - pie chart

Pie chart of holdings before acquisitions.

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

Changes in Top 10:

ADA -1
SOL -1
DOT -1

Purchases - 100$

1.BTC +0.0004855 Price $20598.14

2.ETH +0.00616 Price $1623.25

3.BNB +0.03065 Price $326.31

4.XRP +21.7 Price $0.460748

5.DOGE +82 Price $0.121954

6.ADA +24.35 Price $0.410617

7.SOL +0.2946 Price $33.93

8.MATIC +10.82 Price $0.924179

9.DOT +1.47 Price $6.80

10.STETH +0.00617 Price $1621.30

Portfolio after purchases:

Total value: 3,652.06$

Total invested: 4400$

Profit/Loss: -747.99$

%Change: -17%

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!

One last thing

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10 months ago


Why did value of dogecoin increase when Elon Musk bought twitter; how are these two instances related?

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10 months ago

Elon has previously talked about possibilities of using dogecoin for twitter microtransactions.

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10 months ago

Hey, I just found out that the dogecoin creator is Elon Musk.

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10 months ago