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It's January 1st, 2023 and you decided to put 100 $ in the Top 10 Cryptos and 20$ in the late 50 Cryptos of the top 100, How would your investment be right now? And What would make the best return?

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by COINS NEWS 85 Views

It's January 1st, 2023 and you decided to put 100 $ in the Top 10 Cryptos and 20$ in the late 50 Cryptos of the top 100, How would your investment be right now? And What would make the best return?

Please Pardon me if I wrote something wrong cause English isn't my first language

First of all, this post is inspired by that magnificent post by u/Joe-M-4

I really wanted to know what is the result of investing in the low market cap currencies (low compared to the Top 10 coins ) so I chose to retail the cryptos from 51 to 100, and this post may help you decide whether investing in low market cap coins worth it or not.

Secondly, I didn't put stablecoins into consideration.

Thirdly, on Jan 1st

the Top 10 currencies were :

According to CMC

We'll exclude: USDC, USDT, BUSD, DAI

the late 50 of the Top 100 were ( there are 8 stablecoins above ) :

FEI is excluded

USDN is excluded

https://preview.redd.it/3s3scncw8xeb1.png?1202&format=png&auto=webp&s=09ed8b9756de231d29d0d2959e32b0533e0dfa28

https://preview.redd.it/vgepcyh59xeb1.png?1174&format=png&auto=webp&s=dda806d85460ed7a257ab938e4dffa5d32fc3492

Let's dive into some statistics:

Price

Date Top 10 Late 50
January 1st,2023 1000$ 1000$
February 1st,2023 1381$ 1707$
March 1st,2023 1330$ 1787$
April 1st,2023 1395$ 1623$
May 1st,2023 1413$ 1563$
June 1st,2023 1359$ 1339$
July 1st,2023 1295$ 1299$
almost August 1st,2023 1376$ 1271$
ATH 1528$ (16-4-2023) 1932$ (21-2-2023)
ATL 1142$ (15-6-2023) 1025$ (15-6-2023)

Percentage

Date Top 10 % Late 50 %
January 1st,2023 0 0
February 1st,2023 + 38.1 % + 70.7 %
March 1st,2023 - 3.69 % + 4.69 %
April 1st,2023 + 4.88 % - 9.17 %
May 1st,2023 + 1.29 % - 3.69 %
June 1st,2023 - 3.82 % - 14.31 %
July 1st,2023 - 4.07 % - 2.99 %
almost August 1st,2023 + 6.25 % - 2.15 %
ATH + 52.8 % + 93.2 %
ATL + 14.2 % + 2.5 %

What do you think about it, guys?

For me, the pleasing thing is that after 7 months the two portfolios didn't drop below 1000$ level and even at each one's ATL you're still getting a profit

Edit 1: 100$ in each of the Top 10 and 20$ in each of the Late 50

Edit 2:

Best and Worst Performers:

Top 10: XRP ( + 107 % ) , MATIC ( - 5.7 % )

Late 50 : STX ( + 183 % ) , XCN ( - 91 % )

submitted by /u/SuperbCantaloupe1929
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