06-15-2021, 08:24 AM
$1k invested into the Top 10 Cryptos on January 1st, 2020 Up +630% (May Update - Mon
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/nzibzr/1k_invested_into_the_top_10_cryptos_on_january/"> <img src="https://b.thumbs.redditmedia.com/WJxRcnzXXajZsqDHY6jabtgupoiNWAQhS5YriHwjdAM.jpg" alt="$1k invested into the Top 10 Cryptos on January 1st, 2020 Up +630% (May Update - Month 17)" title="$1k invested into the Top 10 Cryptos on January 1st, 2020 Up +630% (May Update - Month 17)" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>​</p> <p><a href="https://preview.redd.it/lu5nqtujw6571.png?width=666&format=png&auto=webp&s=bab3e668fb17aa4e5541a449f21f6a6c92b04b96">EXPERIMENT - Tracking Top 10 Cryptos Of 2020 - Month Seventeen – UP 630%</a></p> <p><strong><em>The full blog post with all the tables is</em></strong> <a href="https://toptencryptoindexfund.com/tracking-2020-top-10-cryptocurrencies-month-17"><strong><em>here</em></strong></a><strong><em>.</em></strong></p> <p>Welcome all (especially newcomers) to the monthly recap for the 3rd of 4 homemade Top Ten Crypto Index Funds. The 2020 Portfolio is made up of: <strong>Bitcoin, Ethereum, XRP, Tether, Bitcoin Cash, Litecoin, EOS, Binance Coin, BitcoinSV,</strong> and <strong>Tezos.</strong></p> <p><strong>MOON DROP!:</strong> <em>76</em> <em>Moons to the first person to name the artist and title of the hidden song in this post AND share which of these 2020 Top Ten cryptos will outperform the others in June. Why 76? That's worth about $5 (76\</em>.066) at the moment, my way of encouraging the winner to become a* <a href="https://www.reddit.com/r/CryptoCurrency/">r/CryptoCurrency</a> <em>special member, which runs $5/month.</em> To give more people a chance you can't win if you've already won this month.</p> <p><strong>tl;dr:</strong></p> <ul> <li><strong>What's this all about?</strong> I purchased $100 of each of Top 10 Cryptos in Jan. 2018, haven't sold or traded, reporting monthly. Did the same in 2019, 2020, and 2021. <strong><em>Learn more about the Experiment history, rules, and FAQs (including the answer to the "WHY TETHER?!?!" question)</em></strong> <a href="https://toptencryptoindexfund.com/about/"><strong><em>here</em></strong></a><strong><em>.</em></strong></li> <li><strong>Top Performer of May</strong> - Besides <strong>USDT? EOS</strong>, only down -3% in May.</li> <li><strong>Overall since Jan. 2020</strong> - <strong>BNB</strong> still well ahead and best performing of any of the cryptos in any of the four Top Ten Experiments, up <strong>+2,523%</strong> in 17 months. The 2020 Top Ten Portfolio has the highest ROI of the four Experiments. Last place <strong>BSV</strong> doubling ROI of S&P over same time period.</li> <li>An ode to DCA: <strong>2018+2019+2020+2021 Combined Top Ten Portfolios are returning 349%.</strong></li> </ul> <h2>Month Seventeen – UP 630%</h2> <p><a href="https://preview.redd.it/9cdlj03hy6571.png?width=1206&format=png&auto=webp&s=2552fb99a5f4bba4ff9d481bc03e38a2b1b441c4"> 2020 Top Ten Summary </a></p> <p>After reaching a new high in <a href="https://toptencryptoindexfund.com/tracking-2020-top-10-cryptocurrencies-month-16">April</a>, the 2020 Top Ten Portfolio hit a no-green wall in May. This month was the first all-red month since June 2020 (LINK). </p> <p>Tough month aside, the 2020 Top Ten is still doing very well overall. Its value is the same as in April and it continues to be the best performing of the four <a href="https://toptencryptoindexfund.com/">Top Ten Crypto Index Fund Experiments</a>. 100% of the 2020 cryptos are in positive territory, most have at least <em>triple digit price growth</em> and two cryptos in <em>four digit growth territory</em> (<strong>BNB</strong> and <strong>ETH</strong>).</p> <p>And the Index Fund approach seems to be working out nicely with the 2020 Top Ten: the <strong>+630%</strong> return has <em>outperformed eight of the individual component cryptos contained within the Index.</em> It is also doing much better than the S&P 500 over the same period of time (more on that below).</p> <h2>May Movement Report, Ranking, and Dropouts</h2> <p>A lot of movement this month with 2020 Top Ten cryptos. All made a move except <strong>BTC</strong> and <strong>ETH</strong>.</p> <p>Ups:</p> <ul> <li><strong>EOS</strong> – up three places (#26–>#23)</li> <li><strong>Tezos</strong> – up three places (#38–>#35)</li> <li><strong>Tether</strong> – up two places (#5–>#3)</li> </ul> <p>Downs:</p> <ul> <li><strong>Binance Coin</strong> – down two places (#3–>#5)</li> <li><strong>BSV</strong> – down six places (#28–>#34)</li> <li><strong>Litecoin</strong> – down three places (#11–>#14)</li> <li><strong>XRP</strong> – down three places (#4–>#7)</li> <li><strong>Bitcoin Cash</strong> – down three places and out of the Top Ten (#10–>#13)</li> </ul> <p><a href="https://preview.redd.it/8oii5lqyz6571.png?width=409&format=png&auto=webp&s=2a418604eeb85e28a92df51aa32054fdd54a01c7"> 2020 Top Ten Rank: a 50% drop out rate </a></p> <p><strong>Top Ten dropouts since January 2020:</strong> after seventeen months, half of the cryptos that <a href="https://toptencryptoindexfund.com/tracking-2020-top-ten-month-one/">started in the Top Ten</a> have dropped out: <strong>EOS</strong>, <strong>BSV, Tezos, Litecoin,</strong> and most recently <strong>Bitcoin Cash</strong> have been replaced by <strong>Cardano,</strong> <strong>Polkadot, UNI, Doge,</strong> and <strong>USDC.</strong></p> <p><strong>EOS</strong> is out of the Top <em>Twenty</em> and <strong>XTZ</strong> and <strong>BSV</strong> are both out of the Top <em>Thirty.</em></p> <h2>May Winners and Losers</h2> <p><strong><em>May Winners</em></strong> – stablecoin <strong>Tether. EOS</strong> dropped only -3%, essentially breaking even for the month.</p> <p><strong><em>May Losers</em></strong> – <strong>BSV</strong> lost nearly half of its value, finishing the month down -46%. <strong>Binance Coin</strong> also had a rough May, dropping -40%.</p> <h2>Tally of Monthly Winners and Losers</h2> <p>After seventeen months, here’s a snapshot of the 2020 Top Ten Experiment’s monthly winners and losers:</p> <p><a href="https://preview.redd.it/wzy52tp207571.png?width=411&format=png&auto=webp&s=2e3a056408a3dda32db84485ba71f9943a9e3e83"> 2020 Top Ten Ws and Ls </a></p> <p>With four monthly victories, <strong>ETH</strong> is still in the lead. <strong>Tether</strong> still has the most monthly losses, but <strong>BSV</strong> is starting to catch up. </p> <h2>Overall Update – BNB and ETH well in the lead, 100% of cryptos in positive territory, worst performer (BSV) up +77%.</h2> <p>The 2020 Top Ten continue to outpace the other <a href="https://toptencryptoindexfund.com/">Top Ten Crypto Experiments</a>. Most cryptos are up at least triple digits. <strong>Ethereum</strong> and <strong>Binance Coin</strong> are up quadruple digits.</p> <p>Frontrunner <strong>BNB</strong> gains since January 2020? The initial $100 investment into <strong>Binance Coin</strong> is currently worth <strong>$2,624</strong>, an increase of +2,523%. </p> <p>In second is <strong>Ethereum,</strong> also with quadruple digit gains, up +1950%.</p> <p>Besides <strong>USDT</strong>, the worst performer in the 2020 group is <strong>BSV.</strong> But even <strong>BSV’s</strong> +77% gains are over double those of the S&P over the same period of time (see below).</p> <h2>Total Market Cap for the Entire Cryptocurrency Sector:</h2> <p><a href="https://preview.redd.it/dpvx9uj707571.png?width=1063&format=png&auto=webp&s=702338baf5225973062dd7385e5e276ede5ff5d6"> Total Crypto Market Cap since Jan 2020 </a></p> <p>Even though the total market cap lost $570 billion in May, it is up <strong>+765%</strong> over the seventeen month lifespan of the 2020 Top Ten Experiment. May’s dip did, however, break a seven streak of record market caps for the 2020 Top Ten Experiment. </p> <p>If you were able to capture the entire crypto market since <a href="https://toptencryptoindexfund.com/tracking-2020-top-ten-month-one/">January 2020</a> (+765%), you’d be doing a bit better than the Experiment’s Top Ten approach (+630%) and much better than the S&P (+30%) over the same time period. The index fund strategy has outperformed eight of the ten individual cryptos held within the index. Only by guessing correctly on <strong>ETH</strong> or <strong>BNB</strong> would you have beaten the Top Ten Index Experiment’s approach. </p> <h2>Bitcoin Dominance:</h2> <p><a href="https://preview.redd.it/y3kywx5a07571.png?width=915&format=png&auto=webp&s=1fc927826b0d7907ac215315d4b14495c72d3b94">BitDom at a 2020 Experiment Low</a></p> <p>Another big drop for <strong>BitDom</strong> in May – and this month’s 42% is the lowest level so far in the life of the 2020 Experiment. Second lowest? <a href="https://toptencryptoindexfund.com/tracking-2020-top-10-cryptocurrencies-month-16">Last month</a>. </p> <h2>Overall return on $1,000 investment since January 1st, 2020:</h2> <p><a href="https://preview.redd.it/m34lemth07571.png?width=402&format=png&auto=webp&s=1c5f62f60f10b3a15455701de93e2f4ab380a9bc">2020 Top Ten Portfolio ROI</a></p> <p>May saw a significant drop in the total value of the 2020 Top Ten portfolio: the initial $1000 investment is now worth <strong>$7,300</strong>, up +630% (this portfolio was worth <strong>$10,5236</strong> just <a href="https://toptencryptoindexfund.com/tracking-2020-top-10-cryptocurrencies-month-16">last month</a>). Despite the dip, the 2020 Portfolio is still the best performing of <a href="https://toptencryptoindexfund.com/">the four Experiments</a>. </p> <p>Below is a month by month ROI of the 2020 Top Ten Experiment, to give you a sense of perspective and provide an overview as we go along:</p> <p><a href="https://preview.redd.it/qwvxi0jl07571.png?width=522&format=png&auto=webp&s=0546913a0d40f73f323f9a7182d77dd9f37e7894"> Monthly ROI of the 2020 Top Ten Portfolio </a></p> <p>+630% is down from last month’s record, but is still the second highest monthly ROI since the start of the 2020 Experiment. The portfolio has yet to experience a red month, but a little over a year ago in <a href="https://toptencryptoindexfund.com/tracking-2020-top-10-cryptocurrencies-month-3/">March 2020</a> it came close, returning a COVID induced low of +7%.</p> <p><strong>Combining the 2018, 2019, 2020, and 2021 Top Ten Crypto Portfolios</strong> </p> <p>So, where do we stand if we combine four years of the Top Ten Crypto Index Fund Experiments?</p> <ul> <li><a href="https://toptencryptoindexfund.com/tracking-2018-top-10-cryptocurrencies-month-41">2018 Top Ten Experiment</a>: up +26% (total value $1,264)</li> <li><a href="https://toptencryptoindexfund.com/tracking-2019-top-10-cryptocurrencies-month-29">2019 Top Ten Experiment</a>: up +459% (total value $5,594)</li> <li><a href="https://toptencryptoindexfund.com/tracking-2020-top-10-cryptocurrencies-month-17">2020 Top Ten Experiment</a>: up +630% (total value $7,300)</li> <li><a href="https://toptencryptoindexfund.com/tracking-2021-top-10-cryptocurrencies-month-5">2021 Top Ten Experiment</a>: up +281% (total value $3,809)</li> </ul> <p>Taking the four portfolios together, here’s the bottom bottom bottom <em>bottom</em> line: </p> <p><strong>After a $4,000 investment in the 2018, 2019, 2020, and 2021 Top Ten Cryptocurrencies,</strong> the combined portfolios are worth <strong>$17,967</strong> ($1,264 + $5,594 + $7,300 + $3,809).</p> <p><strong>That’s up +349%</strong> on the combined portfolio. It’s a big drop from last month, but looking at the big picture, the combined portfolios are back to where they were two months ago in <a href="https://toptencryptoindexfund.com/tracking-2020-top-10-cryptocurrencies-month-15">March</a>. </p> <p>Lost in the numbers? Here’s a table to help visualize the progress of the combined portfolios:</p> <p><a href="https://preview.redd.it/acvmpb3o07571.png?width=568&format=png&auto=webp&s=79d92abbdef212e0d13a679d4a257403c5bb60a1"> Combined ROI of all four Top Ten Experiments </a></p> <p><strong><em>That’s a +349% gain by investing $1k on whichever cryptos happened to be in the Top Ten on January 1st for four straight years</em></strong>. </p> <h2>Top Ten Index Approach vs. All-In Approach</h2> <p>But what if I’d gone all in on only one Top Ten crypto for the past four years? While many have come and gone over the life of the experiment, five cryptos have started in the Top Ten for all four years: <strong>BTC, ETH, XRP, BCH,</strong> and <strong>LTC.</strong> Let’s take a look:</p> <p><a href="https://preview.redd.it/fdu062xr07571.jpg?width=653&format=pjpg&auto=webp&s=7dd1f4441737013282637de8f2d1f2539f484c2c"> If playing by the Experiment rules, it's ETH by a landslide</a></p> <p><strong>ETH</strong> is well in the lead and the still best “if-I-had-a-time-machine” choice. As of today, $4,000 into Ethereum in $1k chunks on four consecutive New Year’s Days would be worth <strong>$47,562</strong>. That’s up <strong>+1089%</strong>. </p> <p>In second place, going all in on <strong>Bitcoin</strong> with $4,000 USD would have yielded <strong>+377%</strong>, turning the initial investment into <strong>$19,089</strong>. </p> <p>And close third place? The Top Ten Index Fund approach! Watch your back, <strong>BTC</strong>!</p> <p>As you might expect (as indexes are designed to mitigate risk), the <strong>+349%</strong> gains of the Top Ten Index Fund approach fall somewhere in between the best and worst performers. The Top Ten strategy isn’t keeping up with <strong>ETH</strong> or <strong>BTC</strong> (yet) but it is outperforming a hypothetical all-in investment in both <strong>XRP, LTC,</strong> and <strong>BCH</strong> by a healthy margin.</p> <p><strong>Bitcoin Cash</strong> would have been the worst four year all-in bet, but you’d still be +144%. </p> <p>So that’s the Top Ten Crypto Index Fund Experiments snapshot. Let’s take a look at how traditional markets are doing.</p> <h2>Comparison to S&P 500</h2> <p>I’m also tracking the S&P 500 as part of my experiment to have a comparison point to traditional markets. May saw yet another all time high for the S&P, which has now returned +30% since January 1st, 2020.</p> <p><a href="https://preview.redd.it/3amtfgrw07571.png?width=762&format=png&auto=webp&s=f5c70d296bf102e56d02ddb3749869d5848fc25a"> S&P, up +30% in 17 months </a></p> <p>Solid returns for a period of time largely dominated by a pandemic. This more than triples the 8%/year figure that many financial planners use for predicted annual market returns. </p> <p>That same <a href="https://toptencryptoindexfund.com/tracking-2020-top-ten-month-one/">$1k I put into crypto</a> in January 2020 would be worth $1300 had it been redirected to the S&P 500 instead. </p> <p>Crypto over the same time period? The 2020 Top Ten Crypto Portfolio is returning <strong>+630%</strong>. The initial $1k investment in crypto is now worth <strong>$7,300</strong>. </p> <p><strong><em>That’s a difference of $6,000</em></strong>. </p> <p><strong><em>On a $1k investment!</em></strong> </p> <p>But that’s just 2020. What about in the longer term? What if I invested in the S&P 500 the same way I did during the first four years of the Top Ten Crypto Index Fund Experiments since January 1st, 2018? What I like to call the world’s slowest dollar cost averaging method? Here are the figures:</p> <ul> <li>$1000 investment in S&P 500 on January 1st, 2018 = $1570 today</li> <li>$1000 investment in S&P 500 on January 1st, 2019 = $1680 today</li> <li>$1000 investment in S&P 500 on January 1st, 2020 = $1300 today</li> <li>$1000 investment in S&P 500 on January 1st, 2021 = $1120 today</li> </ul> <p>So, taken together, here’s the bottom bottom bottom <em>bottom</em> line for a similar approach with the S&P: </p> <p><strong>After four $1,000 investments into an S&P 500 index fund in January 2018, 2019, 2020, and 2021, my portfolio would be worth $5,670</strong> ($1,570 + $1,680 + $1,300 + $1,120)</p> <p>That is up <strong>+42%</strong> <a href="https://toptencryptoindexfund.com/tracking-2018-top-ten-month-one/">since January 2018</a> compared to a <strong>+349%</strong> gain of the combined Top Ten Crypto Experiment Portfolios, a difference of 307% <strong><em>in favor of crypto.</em></strong></p> <p>To help provide perspective, here’s a quick look at the combined four year ROI for crypto vs. the S&P up to this point.</p> <p><a href="https://preview.redd.it/s7j3yp4417571.jpg?width=675&format=pjpg&auto=webp&s=804b0318cbcdb279926d6c950ac9abf5ca5de3f3"> Combined crypto vs. combined S&P </a></p> <p>Even though May was a down month for crypto, overall that’s eight straight monthly wins for crypto.</p> <h2>Conclusion:</h2> <p>After feeling <a href="https://www.youtube.com/watch?v=-G-cBND9cN4">unstoppable</a> for months, the 2020 Top Ten Portfolio, along with the rest of crypto, took a big hit in May. Whether this turns out to be a temporary setback or the bull run is done remains to be seen. The next few months should be interesting, hold on to something/one. </p> <p>For those who have supported the Experiments over the years, thank you. For those just getting into crypto, I hope these monthly reports can somehow help with perspective as you embark on your crypto adventures. Buckle up, think long term, don’t invest what you can’t afford to lose, and most importantly, enjoy the ride!</p> <p>Feel free to reach out with any questions and stay tuned for progress reports. Keep an eye out for my parallel projects tracking the Top Ten cryptos as of <a href="https://toptencryptoindexfund.com/tracking-2018-top-10-cryptocurrencies-month-41">January 1st, 2018</a> (the OG Experiment), <a href="https://toptencryptoindexfund.com/tracking-2019-top-10-cryptocurrencies-month-29">January 1st, 2019</a>, and most recently, <a href="https://toptencryptoindexfund.com/tracking-2021-top-10-cryptocurrencies-month-5">January 1st, 2021</a>.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Joe-M-4"> /u/Joe-M-4 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/nzibzr/1k_invested_into_the_top_10_cryptos_on_january/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/nzibzr/1k_invested_into_the_top_10_cryptos_on_january/">[comments]</a></span> </td></tr></table>Kind Regards R
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/nzibzr/1k_invested_into_the_top_10_cryptos_on_january/"> <img src="https://b.thumbs.redditmedia.com/WJxRcnzXXajZsqDHY6jabtgupoiNWAQhS5YriHwjdAM.jpg" alt="$1k invested into the Top 10 Cryptos on January 1st, 2020 Up +630% (May Update - Month 17)" title="$1k invested into the Top 10 Cryptos on January 1st, 2020 Up +630% (May Update - Month 17)" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>​</p> <p><a href="https://preview.redd.it/lu5nqtujw6571.png?width=666&format=png&auto=webp&s=bab3e668fb17aa4e5541a449f21f6a6c92b04b96">EXPERIMENT - Tracking Top 10 Cryptos Of 2020 - Month Seventeen – UP 630%</a></p> <p><strong><em>The full blog post with all the tables is</em></strong> <a href="https://toptencryptoindexfund.com/tracking-2020-top-10-cryptocurrencies-month-17"><strong><em>here</em></strong></a><strong><em>.</em></strong></p> <p>Welcome all (especially newcomers) to the monthly recap for the 3rd of 4 homemade Top Ten Crypto Index Funds. The 2020 Portfolio is made up of: <strong>Bitcoin, Ethereum, XRP, Tether, Bitcoin Cash, Litecoin, EOS, Binance Coin, BitcoinSV,</strong> and <strong>Tezos.</strong></p> <p><strong>MOON DROP!:</strong> <em>76</em> <em>Moons to the first person to name the artist and title of the hidden song in this post AND share which of these 2020 Top Ten cryptos will outperform the others in June. Why 76? That's worth about $5 (76\</em>.066) at the moment, my way of encouraging the winner to become a* <a href="https://www.reddit.com/r/CryptoCurrency/">r/CryptoCurrency</a> <em>special member, which runs $5/month.</em> To give more people a chance you can't win if you've already won this month.</p> <p><strong>tl;dr:</strong></p> <ul> <li><strong>What's this all about?</strong> I purchased $100 of each of Top 10 Cryptos in Jan. 2018, haven't sold or traded, reporting monthly. Did the same in 2019, 2020, and 2021. <strong><em>Learn more about the Experiment history, rules, and FAQs (including the answer to the "WHY TETHER?!?!" question)</em></strong> <a href="https://toptencryptoindexfund.com/about/"><strong><em>here</em></strong></a><strong><em>.</em></strong></li> <li><strong>Top Performer of May</strong> - Besides <strong>USDT? EOS</strong>, only down -3% in May.</li> <li><strong>Overall since Jan. 2020</strong> - <strong>BNB</strong> still well ahead and best performing of any of the cryptos in any of the four Top Ten Experiments, up <strong>+2,523%</strong> in 17 months. The 2020 Top Ten Portfolio has the highest ROI of the four Experiments. Last place <strong>BSV</strong> doubling ROI of S&P over same time period.</li> <li>An ode to DCA: <strong>2018+2019+2020+2021 Combined Top Ten Portfolios are returning 349%.</strong></li> </ul> <h2>Month Seventeen – UP 630%</h2> <p><a href="https://preview.redd.it/9cdlj03hy6571.png?width=1206&format=png&auto=webp&s=2552fb99a5f4bba4ff9d481bc03e38a2b1b441c4"> 2020 Top Ten Summary </a></p> <p>After reaching a new high in <a href="https://toptencryptoindexfund.com/tracking-2020-top-10-cryptocurrencies-month-16">April</a>, the 2020 Top Ten Portfolio hit a no-green wall in May. This month was the first all-red month since June 2020 (LINK). </p> <p>Tough month aside, the 2020 Top Ten is still doing very well overall. Its value is the same as in April and it continues to be the best performing of the four <a href="https://toptencryptoindexfund.com/">Top Ten Crypto Index Fund Experiments</a>. 100% of the 2020 cryptos are in positive territory, most have at least <em>triple digit price growth</em> and two cryptos in <em>four digit growth territory</em> (<strong>BNB</strong> and <strong>ETH</strong>).</p> <p>And the Index Fund approach seems to be working out nicely with the 2020 Top Ten: the <strong>+630%</strong> return has <em>outperformed eight of the individual component cryptos contained within the Index.</em> It is also doing much better than the S&P 500 over the same period of time (more on that below).</p> <h2>May Movement Report, Ranking, and Dropouts</h2> <p>A lot of movement this month with 2020 Top Ten cryptos. All made a move except <strong>BTC</strong> and <strong>ETH</strong>.</p> <p>Ups:</p> <ul> <li><strong>EOS</strong> – up three places (#26–>#23)</li> <li><strong>Tezos</strong> – up three places (#38–>#35)</li> <li><strong>Tether</strong> – up two places (#5–>#3)</li> </ul> <p>Downs:</p> <ul> <li><strong>Binance Coin</strong> – down two places (#3–>#5)</li> <li><strong>BSV</strong> – down six places (#28–>#34)</li> <li><strong>Litecoin</strong> – down three places (#11–>#14)</li> <li><strong>XRP</strong> – down three places (#4–>#7)</li> <li><strong>Bitcoin Cash</strong> – down three places and out of the Top Ten (#10–>#13)</li> </ul> <p><a href="https://preview.redd.it/8oii5lqyz6571.png?width=409&format=png&auto=webp&s=2a418604eeb85e28a92df51aa32054fdd54a01c7"> 2020 Top Ten Rank: a 50% drop out rate </a></p> <p><strong>Top Ten dropouts since January 2020:</strong> after seventeen months, half of the cryptos that <a href="https://toptencryptoindexfund.com/tracking-2020-top-ten-month-one/">started in the Top Ten</a> have dropped out: <strong>EOS</strong>, <strong>BSV, Tezos, Litecoin,</strong> and most recently <strong>Bitcoin Cash</strong> have been replaced by <strong>Cardano,</strong> <strong>Polkadot, UNI, Doge,</strong> and <strong>USDC.</strong></p> <p><strong>EOS</strong> is out of the Top <em>Twenty</em> and <strong>XTZ</strong> and <strong>BSV</strong> are both out of the Top <em>Thirty.</em></p> <h2>May Winners and Losers</h2> <p><strong><em>May Winners</em></strong> – stablecoin <strong>Tether. EOS</strong> dropped only -3%, essentially breaking even for the month.</p> <p><strong><em>May Losers</em></strong> – <strong>BSV</strong> lost nearly half of its value, finishing the month down -46%. <strong>Binance Coin</strong> also had a rough May, dropping -40%.</p> <h2>Tally of Monthly Winners and Losers</h2> <p>After seventeen months, here’s a snapshot of the 2020 Top Ten Experiment’s monthly winners and losers:</p> <p><a href="https://preview.redd.it/wzy52tp207571.png?width=411&format=png&auto=webp&s=2e3a056408a3dda32db84485ba71f9943a9e3e83"> 2020 Top Ten Ws and Ls </a></p> <p>With four monthly victories, <strong>ETH</strong> is still in the lead. <strong>Tether</strong> still has the most monthly losses, but <strong>BSV</strong> is starting to catch up. </p> <h2>Overall Update – BNB and ETH well in the lead, 100% of cryptos in positive territory, worst performer (BSV) up +77%.</h2> <p>The 2020 Top Ten continue to outpace the other <a href="https://toptencryptoindexfund.com/">Top Ten Crypto Experiments</a>. Most cryptos are up at least triple digits. <strong>Ethereum</strong> and <strong>Binance Coin</strong> are up quadruple digits.</p> <p>Frontrunner <strong>BNB</strong> gains since January 2020? The initial $100 investment into <strong>Binance Coin</strong> is currently worth <strong>$2,624</strong>, an increase of +2,523%. </p> <p>In second is <strong>Ethereum,</strong> also with quadruple digit gains, up +1950%.</p> <p>Besides <strong>USDT</strong>, the worst performer in the 2020 group is <strong>BSV.</strong> But even <strong>BSV’s</strong> +77% gains are over double those of the S&P over the same period of time (see below).</p> <h2>Total Market Cap for the Entire Cryptocurrency Sector:</h2> <p><a href="https://preview.redd.it/dpvx9uj707571.png?width=1063&format=png&auto=webp&s=702338baf5225973062dd7385e5e276ede5ff5d6"> Total Crypto Market Cap since Jan 2020 </a></p> <p>Even though the total market cap lost $570 billion in May, it is up <strong>+765%</strong> over the seventeen month lifespan of the 2020 Top Ten Experiment. May’s dip did, however, break a seven streak of record market caps for the 2020 Top Ten Experiment. </p> <p>If you were able to capture the entire crypto market since <a href="https://toptencryptoindexfund.com/tracking-2020-top-ten-month-one/">January 2020</a> (+765%), you’d be doing a bit better than the Experiment’s Top Ten approach (+630%) and much better than the S&P (+30%) over the same time period. The index fund strategy has outperformed eight of the ten individual cryptos held within the index. Only by guessing correctly on <strong>ETH</strong> or <strong>BNB</strong> would you have beaten the Top Ten Index Experiment’s approach. </p> <h2>Bitcoin Dominance:</h2> <p><a href="https://preview.redd.it/y3kywx5a07571.png?width=915&format=png&auto=webp&s=1fc927826b0d7907ac215315d4b14495c72d3b94">BitDom at a 2020 Experiment Low</a></p> <p>Another big drop for <strong>BitDom</strong> in May – and this month’s 42% is the lowest level so far in the life of the 2020 Experiment. Second lowest? <a href="https://toptencryptoindexfund.com/tracking-2020-top-10-cryptocurrencies-month-16">Last month</a>. </p> <h2>Overall return on $1,000 investment since January 1st, 2020:</h2> <p><a href="https://preview.redd.it/m34lemth07571.png?width=402&format=png&auto=webp&s=1c5f62f60f10b3a15455701de93e2f4ab380a9bc">2020 Top Ten Portfolio ROI</a></p> <p>May saw a significant drop in the total value of the 2020 Top Ten portfolio: the initial $1000 investment is now worth <strong>$7,300</strong>, up +630% (this portfolio was worth <strong>$10,5236</strong> just <a href="https://toptencryptoindexfund.com/tracking-2020-top-10-cryptocurrencies-month-16">last month</a>). Despite the dip, the 2020 Portfolio is still the best performing of <a href="https://toptencryptoindexfund.com/">the four Experiments</a>. </p> <p>Below is a month by month ROI of the 2020 Top Ten Experiment, to give you a sense of perspective and provide an overview as we go along:</p> <p><a href="https://preview.redd.it/qwvxi0jl07571.png?width=522&format=png&auto=webp&s=0546913a0d40f73f323f9a7182d77dd9f37e7894"> Monthly ROI of the 2020 Top Ten Portfolio </a></p> <p>+630% is down from last month’s record, but is still the second highest monthly ROI since the start of the 2020 Experiment. The portfolio has yet to experience a red month, but a little over a year ago in <a href="https://toptencryptoindexfund.com/tracking-2020-top-10-cryptocurrencies-month-3/">March 2020</a> it came close, returning a COVID induced low of +7%.</p> <p><strong>Combining the 2018, 2019, 2020, and 2021 Top Ten Crypto Portfolios</strong> </p> <p>So, where do we stand if we combine four years of the Top Ten Crypto Index Fund Experiments?</p> <ul> <li><a href="https://toptencryptoindexfund.com/tracking-2018-top-10-cryptocurrencies-month-41">2018 Top Ten Experiment</a>: up +26% (total value $1,264)</li> <li><a href="https://toptencryptoindexfund.com/tracking-2019-top-10-cryptocurrencies-month-29">2019 Top Ten Experiment</a>: up +459% (total value $5,594)</li> <li><a href="https://toptencryptoindexfund.com/tracking-2020-top-10-cryptocurrencies-month-17">2020 Top Ten Experiment</a>: up +630% (total value $7,300)</li> <li><a href="https://toptencryptoindexfund.com/tracking-2021-top-10-cryptocurrencies-month-5">2021 Top Ten Experiment</a>: up +281% (total value $3,809)</li> </ul> <p>Taking the four portfolios together, here’s the bottom bottom bottom <em>bottom</em> line: </p> <p><strong>After a $4,000 investment in the 2018, 2019, 2020, and 2021 Top Ten Cryptocurrencies,</strong> the combined portfolios are worth <strong>$17,967</strong> ($1,264 + $5,594 + $7,300 + $3,809).</p> <p><strong>That’s up +349%</strong> on the combined portfolio. It’s a big drop from last month, but looking at the big picture, the combined portfolios are back to where they were two months ago in <a href="https://toptencryptoindexfund.com/tracking-2020-top-10-cryptocurrencies-month-15">March</a>. </p> <p>Lost in the numbers? Here’s a table to help visualize the progress of the combined portfolios:</p> <p><a href="https://preview.redd.it/acvmpb3o07571.png?width=568&format=png&auto=webp&s=79d92abbdef212e0d13a679d4a257403c5bb60a1"> Combined ROI of all four Top Ten Experiments </a></p> <p><strong><em>That’s a +349% gain by investing $1k on whichever cryptos happened to be in the Top Ten on January 1st for four straight years</em></strong>. </p> <h2>Top Ten Index Approach vs. All-In Approach</h2> <p>But what if I’d gone all in on only one Top Ten crypto for the past four years? While many have come and gone over the life of the experiment, five cryptos have started in the Top Ten for all four years: <strong>BTC, ETH, XRP, BCH,</strong> and <strong>LTC.</strong> Let’s take a look:</p> <p><a href="https://preview.redd.it/fdu062xr07571.jpg?width=653&format=pjpg&auto=webp&s=7dd1f4441737013282637de8f2d1f2539f484c2c"> If playing by the Experiment rules, it's ETH by a landslide</a></p> <p><strong>ETH</strong> is well in the lead and the still best “if-I-had-a-time-machine” choice. As of today, $4,000 into Ethereum in $1k chunks on four consecutive New Year’s Days would be worth <strong>$47,562</strong>. That’s up <strong>+1089%</strong>. </p> <p>In second place, going all in on <strong>Bitcoin</strong> with $4,000 USD would have yielded <strong>+377%</strong>, turning the initial investment into <strong>$19,089</strong>. </p> <p>And close third place? The Top Ten Index Fund approach! Watch your back, <strong>BTC</strong>!</p> <p>As you might expect (as indexes are designed to mitigate risk), the <strong>+349%</strong> gains of the Top Ten Index Fund approach fall somewhere in between the best and worst performers. The Top Ten strategy isn’t keeping up with <strong>ETH</strong> or <strong>BTC</strong> (yet) but it is outperforming a hypothetical all-in investment in both <strong>XRP, LTC,</strong> and <strong>BCH</strong> by a healthy margin.</p> <p><strong>Bitcoin Cash</strong> would have been the worst four year all-in bet, but you’d still be +144%. </p> <p>So that’s the Top Ten Crypto Index Fund Experiments snapshot. Let’s take a look at how traditional markets are doing.</p> <h2>Comparison to S&P 500</h2> <p>I’m also tracking the S&P 500 as part of my experiment to have a comparison point to traditional markets. May saw yet another all time high for the S&P, which has now returned +30% since January 1st, 2020.</p> <p><a href="https://preview.redd.it/3amtfgrw07571.png?width=762&format=png&auto=webp&s=f5c70d296bf102e56d02ddb3749869d5848fc25a"> S&P, up +30% in 17 months </a></p> <p>Solid returns for a period of time largely dominated by a pandemic. This more than triples the 8%/year figure that many financial planners use for predicted annual market returns. </p> <p>That same <a href="https://toptencryptoindexfund.com/tracking-2020-top-ten-month-one/">$1k I put into crypto</a> in January 2020 would be worth $1300 had it been redirected to the S&P 500 instead. </p> <p>Crypto over the same time period? The 2020 Top Ten Crypto Portfolio is returning <strong>+630%</strong>. The initial $1k investment in crypto is now worth <strong>$7,300</strong>. </p> <p><strong><em>That’s a difference of $6,000</em></strong>. </p> <p><strong><em>On a $1k investment!</em></strong> </p> <p>But that’s just 2020. What about in the longer term? What if I invested in the S&P 500 the same way I did during the first four years of the Top Ten Crypto Index Fund Experiments since January 1st, 2018? What I like to call the world’s slowest dollar cost averaging method? Here are the figures:</p> <ul> <li>$1000 investment in S&P 500 on January 1st, 2018 = $1570 today</li> <li>$1000 investment in S&P 500 on January 1st, 2019 = $1680 today</li> <li>$1000 investment in S&P 500 on January 1st, 2020 = $1300 today</li> <li>$1000 investment in S&P 500 on January 1st, 2021 = $1120 today</li> </ul> <p>So, taken together, here’s the bottom bottom bottom <em>bottom</em> line for a similar approach with the S&P: </p> <p><strong>After four $1,000 investments into an S&P 500 index fund in January 2018, 2019, 2020, and 2021, my portfolio would be worth $5,670</strong> ($1,570 + $1,680 + $1,300 + $1,120)</p> <p>That is up <strong>+42%</strong> <a href="https://toptencryptoindexfund.com/tracking-2018-top-ten-month-one/">since January 2018</a> compared to a <strong>+349%</strong> gain of the combined Top Ten Crypto Experiment Portfolios, a difference of 307% <strong><em>in favor of crypto.</em></strong></p> <p>To help provide perspective, here’s a quick look at the combined four year ROI for crypto vs. the S&P up to this point.</p> <p><a href="https://preview.redd.it/s7j3yp4417571.jpg?width=675&format=pjpg&auto=webp&s=804b0318cbcdb279926d6c950ac9abf5ca5de3f3"> Combined crypto vs. combined S&P </a></p> <p>Even though May was a down month for crypto, overall that’s eight straight monthly wins for crypto.</p> <h2>Conclusion:</h2> <p>After feeling <a href="https://www.youtube.com/watch?v=-G-cBND9cN4">unstoppable</a> for months, the 2020 Top Ten Portfolio, along with the rest of crypto, took a big hit in May. Whether this turns out to be a temporary setback or the bull run is done remains to be seen. The next few months should be interesting, hold on to something/one. </p> <p>For those who have supported the Experiments over the years, thank you. For those just getting into crypto, I hope these monthly reports can somehow help with perspective as you embark on your crypto adventures. Buckle up, think long term, don’t invest what you can’t afford to lose, and most importantly, enjoy the ride!</p> <p>Feel free to reach out with any questions and stay tuned for progress reports. Keep an eye out for my parallel projects tracking the Top Ten cryptos as of <a href="https://toptencryptoindexfund.com/tracking-2018-top-10-cryptocurrencies-month-41">January 1st, 2018</a> (the OG Experiment), <a href="https://toptencryptoindexfund.com/tracking-2019-top-10-cryptocurrencies-month-29">January 1st, 2019</a>, and most recently, <a href="https://toptencryptoindexfund.com/tracking-2021-top-10-cryptocurrencies-month-5">January 1st, 2021</a>.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Joe-M-4"> /u/Joe-M-4 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/nzibzr/1k_invested_into_the_top_10_cryptos_on_january/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/nzibzr/1k_invested_into_the_top_10_cryptos_on_january/">[comments]</a></span> </td></tr></table>Kind Regards R