I bought $1k of the Top 10 Cryptos on January 1st, 2018 (MAY Update/Month 53 DOWN -32%)

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r/CryptoCurrency - I bought $1k of the Top 10 Cryptos connected  January 1st, 2018 (MAY Update/Month 53 DOWN -32%)

EXPERIMENT - Tracking 2018 Top Ten Cryptocurrencies – Month Fifty-Three - Down -32%

Find the afloat blog station with each the tables here.

Welcome to your monthly no-shill information dump: Here's the 53rd monthly study for the 2018 Top Ten Experiment featuring BTC, XRP, ETH, BCH, ADA, LTC, NEM, DASH, IOTA, and Stellar.

tl;dr

  • What's this each about? I purchased $100 of each of Top 10 Cryptos successful Jan. 2018, haven't sold oregon traded, reporting monthly for 4 and a fractional years. Did the aforesaid successful 2019, 2020, 2021, and 2022. Learn much astir the past and rules of the Experiments here.

  • Snapshots taken connected the 1st of each period (snapshot beneath taken 1 June)

  • May Highlights: Terra/Lunapocalypse tanks crypto

  • Overall since Jan. 2018: ETH inactive successful the lead, followed by BTC the lone 2 successful the green.

  • 2018+2019+2020+2021+2022 Combined Top Ten Portfolios are returning 124% vs. S&P500's +28% if invested successful the aforesaid way.

Month Fifty-Three – Down -32%

r/CryptoCurrency - I bought $1k of the Top 10 Cryptos connected  January 1st, 2018 (MAY Update/Month 53 DOWN -32%)

The 2018 Top Ten Crypto Index Fund Portfolio is BTC, XRP, ETH, BCH, ADA, LTC, IOTA, NEM, Dash, and Stellar.  

May highlights for the 2018 Top Ten Portfolio:

  • Second each reddish period successful a rowBitcoin and Stellar (both -23%%) fell the least.

  • ETH maintains the wide lead, with BTC in 2nd place.  Only these 2 cryptos are successful the greenish since January 2018.

  • The 2018 Portfolio drops to -32%, a level not seen since January 2021

May Ranking and Dropouts

Here’s a look astatine the question successful the ranks since January 2018:

r/CryptoCurrency - I bought $1k of the Top 10 Cryptos connected  January 1st, 2018 (MAY Update/Month 53 DOWN -32%)

Top Ten dropouts since January 2018: Fifty-three months into the 2018 Top Ten Experiment, lone 40% of the cryptos that started successful the Top Ten have remained.  NEM, Dash, Stellar, Bitcoin Cash, IOTA, and Litecoin have been replaced by Tether, BNB, SOL, USDC, BUSD, and DOGE.  

Although immoderate of these older cryptos person held their positions reasonably good contempt the caller downturn, NEM still looks similar it mightiness beryllium the archetypal of the 2018 Top Ten to driblet retired of the Top 100. 

Until this month, NEM was the lowest ranked crypto of immoderate of the 5 Experiments, but, acknowledgment to the May Terra meltdown, that grant present belongs to LUNA (see the latest 2022 Top Ten Update for each the gruesome details).

May Winners and Losers

May Winners –  100% reddish month, but Bitcoin and XLM dropped the least, ending May down -23%.

May Losers –  NEM, dropping -43% this month.

Overall Update –   ETH successful archetypal place, but 2nd spot BTC gains ground. NEM successful past place, Portfolio backmost to Jan. 2021 levels

After reaching an All Time High (+72%) in October 2021, the 2018 Top Ten Portfolio has continued to suffer value.  Currently, it is down -32%, levels not seen since January 2021

After astir 4 and a fractional years of holding these cryptos, lone 2 retired of the 10 cryptos are successful the green: BTC and ETH.

Overall, archetypal place ETH (+153%) is up of 2nd place BTC (+127%), but the spread has been closing successful caller months.

The archetypal $100 invested successful archetypal place ETH four and a fractional years ago?  It’s worthy $253 today.

NEM is astatine the bottom, down astir -95% since January 2018.  The archetypal $100 invested in NEM fifty-three months agone is worthy astir $5 today.  

Total Market Cap for the full cryptocurrency sector:

r/CryptoCurrency - I bought $1k of the Top 10 Cryptos connected  January 1st, 2018 (MAY Update/Month 53 DOWN -32%)

End of May 2022 marketplace cap: $1,237,646,071,341

Crypto arsenic a assemblage is up +115% since January 2018.  There was nary casual mode to execute this astatine the time, but if you were capable to seizure the full crypto marketplace since New Year’s Day 2018, you’d beryllium doing much, overmuch amended than the Experiment’s Top Ten attack (-32%).  You besides would person much than doubled the instrumentality of the S&P (+53%) implicit the aforesaid play of time, and 8 of the idiosyncratic cryptos wrong the 2018 Top Ten (except for Ethereum and Bitcoin).

Crypto Market Cap Low Point successful the 2018 Top Ten Crypto Index Experiment: $114B in January 2019.

Crypto Market Cap High Point successful the 2018 Top Ten Crypto Index Experiment: $2.65T in October 2021.

Bitcoin dominance:

r/CryptoCurrency - I bought $1k of the Top 10 Cryptos connected  January 1st, 2018 (MAY Update/Month 53 DOWN -32%)

BitDom ticked up successful May ending the period astatine 46.1%.  When considering the full 4 and a fractional twelvemonth 2018 Experiment clip frame, BTC dominance is adjacent the debased end.  For context:   

Low Point successful the 2018 Top Ten Crypto Index Experiment: 33% successful January 2018.

High Point successful the 2018 Top Ten Crypto Index Experiment: 70.5% successful August 2019.

Overall instrumentality connected $1,000 concern since January 1st, 2018: 

r/CryptoCurrency - I bought $1k of the Top 10 Cryptos connected  January 1st, 2018 (MAY Update/Month 53 DOWN -32%)

If I decided to currency retired the 2018 Top Ten Experiment today, the $1000 archetypal concern would beryllium worthy $683, -32% from January 2018.  

After a streak of much than a twelvemonth successful (or precise near) affirmative territory, the 2018 portfolio is backmost connected acquainted reddish ground.  For context, successful fifty-three months since the commencement of the 2018 Index Fund Experiment, forty months person been successful the red, with lone thirteen months of green, each which occurred successful 2021/22. 

Here’s a look astatine the ROI implicit the beingness of the experiment, period by month, since the opening of the 2018 Experiment astir 4.5 years ago:

r/CryptoCurrency - I bought $1k of the Top 10 Cryptos connected  January 1st, 2018 (MAY Update/Month 53 DOWN -32%)

The each clip precocious for this portfolio is October 2021 (+72%).  The lowest constituent was successful January 2019 erstwhile the 2018 Top Ten Portfolio was down -88%.   

A reminder: nary 1 tin foretell the worth of immoderate crypto tomorrow, fto unsocial adjacent period oregon adjacent year.  The 2018 Top Ten Crypto Portfolio was down -88% aft 1 year, -80% aft 2 years, -25% aft 3 years.

Combining the 2018, 2019, 2020, 2021, and 2022 Top Ten Crypto Portfolios

Alright, that’s that for the 2018 Top Ten Crypto Index Fund Experiment recap.

But I didn’t halt the Experiment successful 2018:  I invested different $1000 into each of the 20192020, 2021, and 2022 Top Tens arsenic well.  How are the different Crypto Index Fund Experiments doing?   

  • 2018 Top Ten Experiment: down -32% (total worth $683)

  • 2019 Top Ten Experiment: up +238% (total worth $3,376)

  • 2020 Top Ten Experiment: up +381% (total worth $4,808) (best performing portfolio)

  • 2021 Top Ten Experiment: up +99% (total worth $$1,991)

  • 2022 Top Ten Experiment: down -66% (total worth $342)

So overall? Taking the 5 portfolios together, here’s the bottommost bottom bottommost bottom bottom line: 

After a $5,000 full concern successful the 2018, 2019, 2020, 2021, and 2022 Top Ten Cryptocurrencies, the combined portfolios are worth $11,200.

That’s up +124% on the combined portfolios, down from November’s each clip precocious of +553% for the combined Top Ten Index Fund Experiments.  Here’s the combined monthly ROI since I started tracking the metric successful January 2020:

r/CryptoCurrency - I bought $1k of the Top 10 Cryptos connected  January 1st, 2018 (MAY Update/Month 53 DOWN -32%)

That’s a +124% summation by investing $1k successful whichever cryptos happened to beryllium successful the Top Ten connected January 1st (including stablecoins) for 5 years successful a row.

Comparison to S&P 500:

I’m besides tracking the S&P 500 arsenic portion of the Experiment to person a examination constituent with different fashionable investments options.  

r/CryptoCurrency - I bought $1k of the Top 10 Cryptos connected  January 1st, 2018 (MAY Update/Month 53 DOWN -32%)

The S&P 500 is up +53% since January 2018, truthful the archetypal $1k concern into crypto on January 1st, 2018 would beryllium worthy $1,530 had it been redirected to the S&P.  

Taking the aforesaid invest-$1,000-on-January-1st-of-each-year attack with the S&P 500 that I’ve been documenting done the Top Ten Crypto Experiments, the yields are the following:

  • $1000 concern successful S&P 500 connected January 1st, 2018 = $1,530 today

  • $1000 concern successful S&P 500 connected January 1st, 2019 = $1,640 today

  • $1000 concern successful S&P 500 connected January 1st, 2020 = $1,270 today

  • $1000 concern successful S&P 500 connected January 1st, 2021 = $1,090 today

  • $1000 concern successful S&P 500 connected January 1st, 2022 = $860 today

Taken together, here’s the bottommost bottom bottommost bottom bottom line for a akin attack with the S&P: 

After 5 $1,000 investments into an S&P 500 scale money successful January 2018, 2019, 2020, 2021, and 2022 my portfolio would beryllium worthy $6,390.

That is up +28% since January 2018 compared to a +124% gain of the combined Top Ten Crypto Experiment Portfolios.

Here’s a fancy caller illustration showing the 4 twelvemonth ROI examination betwixt a Top Ten Crypto attack and the S&P arsenic per the rules of the Top Ten Experiments: 

r/CryptoCurrency - I bought $1k of the Top 10 Cryptos connected  January 1st, 2018 (MAY Update/Month 53 DOWN -32%)

Conclusion:

Many acknowledgment to the long-time Experiment followers, admit you taking the clip to travel on implicit the years.  For those conscionable getting into crypto, welcome! I anticipation these reports tin someway springiness you a sensation of what you whitethorn beryllium successful for arsenic you statesman your crypto adventures.  Buckle up, deliberation agelong term, don’t put what you can’t spend to lose, and effort to bask the ride!

A reporting note: I’ll absorption connected 2022 Top Ten Portfolio reports + 1 different portfolio connected a rotating ground this year, truthful expect lone 2 reports per month.  May’s extended study is connected the 2018 Top Ten Portfolio (the OG Experiment), which you’re speechmaking now. You tin cheque retired the latest  2019 Top Ten2020 Top Ten2021 Top Ten, and 2022 Top Ten reports arsenic well.

A spot precocious this period (went connected vacation!) but wanted to stock the OG 2018 Top Ten Report for May (snapshot taken 1 June).

The biggest tl;dr from my constituent of view: aft 15 consecutive months of being astatine oregon implicit interruption even, the 2018 Top Ten Portfolio is backmost successful the red, backmost to wherever it spent the archetypal 37 months of the Experiment (Control + F for "Here’s a look astatine the ROI implicit the beingness of the experiment, period by month" to spot the table).

I've taken the snapshot for the June updates, I'll get those retired successful the coming days/weeks.

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