One year ago, I made a post about giving my kids $100 in crypto and asking them to choose three cryptos each. I was asked by many in the thread to post a monthly update. I only have the time about every couple of months, so, here are the results after twelve months.
Also, all of the kids have since had birthdays, but I have left their ages at time of investment below for reference.
All of them were up more than 100% in my previous update six months ago.
M** (9yrs old, boy): ETH, THETA, ADA. Loss - 60%
M - Loss 60%
A** (7 yrs old, girl): ETH, AAVE, CRV. Loss 52%
A - Loss 51%
E** (4 yrs old, girl): UNI, ENJ, CAKE. Loss - 68%
E - Loss 68%
Original Post from one year ago:
I have three kids, M**, A** and E**. I bought them each $100 worth of cryptos of their choice and will give them the entire investment when they turn 18. I let them make their choices based on whatever reasons they wanted. All I did was show them the top 100 list from coinmarketcap.
These are their allocations and reasons for each decision:
M** (9yrs old, boy): ETH, THETA, ADA. He really loved the black diamond and thought the other two had nice aesthetic designs.
A** (7 yrs old, girl): ETH, AAVE, CRV. She also loved the black diamond, the AAVE has her favourite colour and starts with the same letter as her first name, CRV has a pretty rainbow.
E** (4 yrs old, girl): UNI, ENJ, CAKE. She loves unicorns and therefore, loves UNI. The ENJ logo has a very pretty E for her name. CAKE because she loves pancakes.
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