 | EXPERIMENT - Tracking 2021 Top Ten Cryptocurrencies – Month Fifty-Two - UP 291% Full blog post with all the tables here. January 1st, 2021, I bought $100 of following and turned it into a homemade crypto index fund: Bitcoin, Ethereum, Tether, XRP, Litecoin, Polkadot, Bitcoin Cash, Cardano, Binance Coin, and Chainlink. SNAPSHOTS ALWAYS TAKEN ON FIRST OF THE MONTH (data below reflects 1 MAY snapshot). tl;dr:
Month Fifty-Two – UP 291%The 2021 Top Ten Crypto Index Fund consists of: BTC, ETH, USDT, XRP, Litecoin, DOT, BCH, ADA, BNB, and LINK. April highlights for the 2021 Top Ten Portfolio:
April Ranking and Dropout ReportTop Ten dropouts since January 2021: fifty-two months into the 2021 Top Ten Experiment, only four cryptos have dropped out: Chainlink, Litecoin, Polkadot and Bitcoin Cash. April Winners and LosersApril Winners – BCH (+18%) followed by BTC (+14%). April Losers – ETH turned in the worst performance, down -2% this month. Overall Update – BNB dominates, XRP in distant second place, 80% of cryptos in green, DOT worst performingAs has been the case for most of the 2021 Top Ten Experiment, BNB remains the dominant crypto in the portfolio, by far. It is up +1,458%, the $100 investment into BNB fifty-two months ago now worth $1563. XRP is in distant second place, up +821% followed by ADA (+295%) in third place. At the bottom, DOT is the worst performing of the 2021 Top Ten Portfolio cryptos at this point in the Experiment, down -52% since January 2021. Bitcoin Dominance:BitDom has been up only lately, now sitting at 63.8% and has been on an uptrend since early 2023. Overall return on $1,000 investment since January 1st, 2021:Overall, the 2021 Top Ten Portfolio is up +291%. The initial $1000 investment fifty-two months ago, on New Year’s Day, 2021, is worth $3,915. Combining the 2018 – 2025 Top Ten Crypto PortfoliosAs most readers are aware, this is the eighth year of an Experiment I started back in January of 2018, at the height of a crypto bull run. Where do we stand if we combine eight years of the Top Ten Crypto Index Fund Experiments?
Taking the eight portfolios together: After a $8,000 total investment in the 2018 – 2025 Top Ten Cryptocurrencies, the combined portfolios are worth $26,638. That’s up +233% on the combined portfolio. The peak for the combined Top Ten Index Fund Experiment Portfolios was November 2021’s all time high of +533%. Here’s the combined monthly ROI since I started tracking the metric in January 2020: In summary: That’s a +233% gain by investing $1k on whichever cryptos happened to be in the Top Ten on January 1st (including stablecoins) for eight straight years. Comparison to S&P 500I’m also tracking the S&P 500 as part of my experiment to have a comparison point to traditional markets. The S&P 500 Index is up +49% since January 1st, 2021. The initial $1k investment I put into crypto fifty-two months ago would be worth $1,492 had it been redirected to the S&P 500. The 2021 Top Ten Crypto Portfolio is up +291% over the same time period – the initial $1k investment in crypto fifty-two months ago is now worth $3,915. That’s a difference of $2,423 on a $1k investment in fifty-two months. What about in the longer term? What if I invested in the S&P 500 the same way I did during the first eight years of the Top Top Crypto Index Fund Experiments? What I like to call the world’s slowest dollar cost averaging method? Here are the figures:
Taken together, here’s the bottom line for a similar approach with the S&P: After eight $1,000 annual investments on January 1st into an S&P 500 index fund from 2018 to 2025 my portfolio would be worth $12,323. That is up +54% since January 2018 compared to a +233% gain of the combined Top Ten Crypto Experiment Portfolios. To help provide perspective, here’s a chart showing the combined eight year ROI for the Crypto Top Ten Experiment vs. the S&P up to this point: Conclusion:To the long time followers of the Top Ten Experiments, thank you so much for sticking around so long. For those just getting into crypto, I hope these reports will help prepare you for the highs and lows that await on your crypto adventures. Buckle up, go with the flow, think long term, don’t invest what you can’t afford to lose, and most importantly, try to enjoy the ride. Feel free to reach out with any questions and stay tuned for progress reports. A reporting note: I’ll focus on 2025 Top Ten Portfolio reports + one other portfolio on a rotating basis this year, so expect two reports per month. April’s extended report is on the 2021 Top Ten Portfolio (the one you’re reading now). For more data, you can check out the latest 2018-2025 Top Ten reports as well. [link] [comments] |
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