EXPERIMENT - Investing in the Top 10 Cryptocurrencies of 2020 vs 10 Low Market Cap Coins
Inspired by the Reddit post "Tracking top 10 cryptocurrencies - Experiment" I have decided to start my own experiment with a little twist.
The goal of this experiment is to compare the results of investing in the top 10 crypto coins vs investing in coins with a low market cap.
Every month I will be investing at least $100 in top 10 crypto coins (at least $10 per each coin) and $100 in ten coins with a low market cap. I am still unsure of how to choose coins with a low market cap. Maybe I will choose only coins with a market cap below a certain level. If you have any suggestions please leave a comment.
Every week I will create a report to compare these two portfolios. After each month I will remove unprofitable coins from my low market cap portfolio and adust portfolio with top 10 coins.
Top 10 Cryptocurrencies as of today:
| # | Name | Price of Coin | Number of Coins | Price of coins in Portfolio |
|---|---|---|---|---|
| 1 | Bitcoin | $8,913.55 | 0.00112 | $10 |
| 2 | Ethereum | $190.96 | 0.052 | $10 |
| 3 | XRP | $0.198024 | 50.5 | $10 |
| 4 | Tether | $1.00 | 10 | $10 |
| 5 | Bitcoin Cash | $232.68 | 0.043 | $10 |
| 6 | Bitcoin SV | $187.02 | 0.053 | $10 |
| 7 | Litecoin | $42.29 | 0.236 | $10 |
| 8 | Binance Coin | $15.78 | 0.63 | $10 |
| 9 | EOS | $2.45 | 4.08 | $10 |
| 10 | Tezos | $2.54 | 3,93 | $10 |
If you want to see the results of this experiment, please follow me on Hive. Also, If you can recommend coins to invest, please do it in the comments.
