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100$ Split Into Top 10 Cryptocurrencies Every Week. Week #9 - Tensions Rise But Portfolio Doesn't
This has been a hell of a week for the world, especially for the people of Ukraine. But the consequences of what's happening there will be global. And we are still in uncharted territories. We can't be sure of how this conflict is resolved. If other countries have to join with military action WWIII is a possibility. And with these uncertainties comes market volatility. There has been a lot of movement in crypto prices this week, but overall my experimental portfolio hasn't moved much. Let's hope the conflict in Ukraine will soon be resolved. And the world will find a way to live in peace. Last week's post 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.