07-12-2021, 06:13 PM
I bought $1k of the Top 10 Cryptos on January 1st, 2019 (JUNE Update/Month 30) UP +3
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/oinyh7/i_bought_1k_of_the_top_10_cryptos_on_january_1st/"> <img src="https://b.thumbs.redditmedia.com/4s1cITtW5OsjtQiF3-RtX0B9qC9KT10VVG4c2VXZgdg.jpg" alt="I bought $1k of the Top 10 Cryptos on January 1st, 2019 (JUNE Update/Month 30) UP +341%" title="I bought $1k of the Top 10 Cryptos on January 1st, 2019 (JUNE Update/Month 30) UP +341%" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p><a href="https://preview.redd.it/40m6hbza0ra71.png?width=666&format=png&auto=webp&s=7fe723e7ab4023d45e9ba399f062715d73ad2ee2">EXPERIMENT - Tracking 2019 Top Ten Cryptocurrencies – Month Thirty - UP +341%</a></p> <p><strong><em>The full blog post with all the tables is</em></strong> <a href="https://toptencryptoindexfund.com/tracking-2019-top-10-cryptocurrencies-month-29"><strong><em>here</em></strong></a><strong><em>.</em></strong></p> <p>Welcome! This is the monthly report for my homemade 2019 Top Ten Crypto Index Fund. This group contains <strong>BTC, XRP, ETH, BCH, EOS, XLM, USDT, LTC, BSV</strong>, and <strong>Tron.</strong></p> <p>---> <strong>MOON DROP!</strong> What do you like to do with your free from <a href="/r/CryptoCurrency">r/CryptoCurrency</a> Moons? I like to give some away, even if penalized: <em>45 Moons to the first person to name the artist and title of the hidden song in this post AND share your favorite crypto of the moment.</em></p> <p>Why 45? It's my way to try to encourage <strong>Special Membership:</strong> right this second, MOONS ARE MOONING, $0.11! 45 are worth about $5 (45*.11), enough to treat yourself and the community to a month of <a href="https://www.reddit.com/r/CryptoCurrency/">r/CryptoCurrency</a> special membership! (If you've already won this month, be cool: give it to someone else, please).</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 for over 3.5 years. Did the same in 2019, 2020, and 2021. <strong><em>Learn more about the history, rules, and FAQs of the Experiments (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>June Winners and Losers</strong> - Winners?
<strong>Tether</strong> again. Biggest Loser: <strong>EOS.</strong></li> <li><strong>Overall since Jan. 2019</strong> - <strong>ETH</strong> nearly doubling return of second place <strong>BTC.</strong> Top Ten portfolio up +341% (vs. S&P's +72%), all coins in the green. <strong>EOS</strong> worst performing.</li> <li><strong>2018+2019+2020+2021 Combined Top Ten Portfolios are returning 248%.</strong></li> </ul> <h2>Month Thirty – UP 341% </h2> <p><a href="https://preview.redd.it/dtfoiper2ra71.png?width=1078&format=png&auto=webp&s=601f33ba8e05b1e6b2c8985ad3c8dea17e028ae0"> 2019 Top Ten Crypto Portfolio Summary - another tough month but doing well overall</a></p> <p>While not quite as bad as <a href="https://toptencryptoindexfund.com/tracking-2019-top-10-cryptocurrencies-month-29">last month</a>, June was still very bloody for the 2019 Top Ten. Despite a rough couple of months (May was all-red as well), the 2019 Top Ten Crypto Index Fund portfolio is up +341% since its <a href="https://toptencryptoindexfund.com/tracking-2019-top-ten-month-one/">inception.</a> </p> <h2>June Movement Report, Ranking, and Dropouts</h2> <p>Not a ton of movement this month for the 2019 Top Ten Portfolio:</p> <p>Ups:</p> <ul> <li><strong>BSV</strong> – up 3 places (#34–>#31)</li> <li><strong>Bitcoin Cash</strong> – up one place (#13–>#12)</li> </ul> <p>Downs:</p> <ul> <li><strong>Tron</strong> – down one place (#24–>#25)</li> <li><strong>EOS</strong> – down 4 places (#23–>#27)</li> <li><strong>Stellar</strong> – down 5 places (#16–>#21) and now out of the Top <em>Twenty</em></li> </ul> <p><a href="https://preview.redd.it/s4l6guxz2ra71.png?width=376&format=png&auto=webp&s=8a25904a904137e7972147315ff2c4798ca571a0"> 2019 Top Ten Rank - 60% have fallen out of the Top Ten </a></p> <p><strong>Top Ten dropouts since January 2019:</strong> After thirty months, 60% of the cryptos that <a href="https://toptencryptoindexfund.com/tracking-2019-top-ten-month-one/">started in the Top Ten in January 2019</a> have been knocked out. <strong>EOS</strong>, <strong>Litecoin, BSV, Stellar, Bitcoin Cash,</strong> and <strong>Tron</strong> have been replaced by <strong>Binance Coin, Doge, Cardano, UNI, USDC,</strong> and <strong>Polkadot.</strong></p> <p>Although it gained some ground in June, <strong>BSV</strong> is the only one of the 2019 Top Ten cryptos that has dropped out of the Top <em>Thirty</em>. </p> <h2>June Winners and Losers</h2> <p><strong><em>June Winners</em></strong> – Besides <strong>Tether</strong>, <strong>Bitcoin</strong> had the least bad month, finishing June down -9%. </p> <p><strong><em>June Losers</em></strong> – down -38% in June, <strong>EOS</strong> was handed its first monthly loss since the 2019 Experiment began thirty months ago. Close behind, <strong>Stellar</strong> is the second worst performer of June, down -37%.</p> <h2>Tally of Monthly Winners and Losers</h2> <p>Which crypto holds the most wins or losses over the life of the project? Here’s a snapshot of the winners and losers over the first thirty months of the 2019 Top Ten Experiment:</p> <p><a href="https://preview.redd.it/7ly6htf33ra71.png?width=372&format=png&auto=webp&s=74386d5ddab306e66fd4690ec82ba97febed7782"> 2019 Top Ten Ws and Ls - first monthly loss for EOS</a></p> <p>By a large margin, <strong>Tether</strong> still has the greatest number of monthly victories (9) followed by <strong>BTC</strong> with five. In other words, 30% of the time (nine times out of thirty months) every crypto in the 2019 Top Ten Portfolio has finished the month in the red. </p> <p>Every crypto has won at least one month since January 2019. After thirty months, <strong>EOS</strong> notched its first monthly loss in June.</p> <h2>Overall Update – ETH still way ahead, all cryptos in positive territory, EOS worst performing</h2> <p>Have a time machine? Go back to the <a href="https://toptencryptoindexfund.com/tracking-2019-top-ten-month-one/">start of the 2019 Experiment</a> and pick yourself up some <strong>Ethereum. ETH</strong> is easily the best performer of this group and has nearly doubled the return of <strong>BTC</strong> (1,438% vs 784%) as of this report.</p> <p>The $100 investment into first place <strong>ETH</strong> on <a href="https://toptencryptoindexfund.com/tracking-2019-top-ten-month-one/">January 1st, 2019</a> is currently worth $1,579. Not bad.</p> <p>After thirty months, 100% of the cryptos in the 2019 Top Ten Portfolio are in positive territory. Not counting stablecoin <strong>Tether</strong>, the worst performing crypto is <strong>EOS</strong>, which is still up +55%. </p> <p>Although the 2019 Top Ten Portfolio is up an impressive +341%, it is still second place behind the best performing of the four Experiments: the 2020 Top Ten is up +469%.</p> <h2>Total Market Cap for the Entire Cryptocurrency Sector:</h2> <p><a href="https://preview.redd.it/q7131tj73ra71.png?width=847&format=png&auto=webp&s=3e3061666cd2e1a364430199b97d11b904b822f7"> Total Market cap +982% since Jan 2019 </a></p> <p>The entire cryptocurrency sector is up +982% since <a href="https://toptencryptoindexfund.com/tracking-2019-top-ten-month-one/">January 2019</a>. That’s still well behind first place <strong>ETH</strong> (+1,438%) but much better than the rest of the cryptos (including second place <strong>Bitcoin’s</strong> +784%) and much, much better than the Top Ten approach.</p> <p>After reaching <a href="https://toptencryptoindexfund.com/tracking-2019-top-10-cryptocurrencies-month-28">$2T a few months ago</a>, the total market cap lost $265 billion in June. In terms of crypto market cap value, we’re back near where we were in <a href="https://toptencryptoindexfund.com/tracking-2019-top-10-cryptocurrencies-month-26">February</a>.</p> <h2>Bitcoin Dominance:</h2> <p><a href="https://preview.redd.it/ufhwdjbb3ra71.png?width=732&format=png&auto=webp&s=2578c74ea486abeacda38e2138983e44356ccf12"> A bounce in BitDom in June</a></p> <p>A bounce in June helped lift the <strong>BitDom</strong> from <a href="https://toptencryptoindexfund.com/tracking-2019-top-10-cryptocurrencies-month-29">last month’s</a> 2019 Top Ten Index Fund Experiment record low. For context, the table above shows the progression over the last thirty months with <strong>BTC</strong> domination ranging between 42% last month to a 70% high way back in <a href="https://toptencryptoindexfund.com/tracking-2019-top-ten-month-eight/">August of 2019</a>. </p> <p>If you’re curious as to what happened last time <strong>Bitcoin Dominance</strong> fell into the low 40s and 30s, check out the <a href="https://toptencryptoindexfund.com/tracking-2018-top-10-cryptocurrencies-month-42">2018 Top Ten Experiment</a>.</p> <h2>Overall return on $1,000 investment since January 1st, 2019:</h2> <p><a href="https://preview.redd.it/smlnkwne3ra71.png?width=322&format=png&auto=webp&s=35011c2235e822807ba920c3c6bb1a589587ee54"> 2019 Top Ten Portfolio ROI </a></p> <p>The 2019 Top Ten Cryptos Portfolio lost $1,180 in June. A big drop, but not quite as bad as the $1933 it lost in May. After thirty months the value of the initial $1000 investment is <strong>$4,414</strong>, up +341%. The 2019 Portfolio is back to where it was in <a href="https://toptencryptoindexfund.com/tracking-2019-top-10-cryptocurrencies-month-26">February</a> 2021.</p> <p>Here’s a table summarizing the monthly ROI over the life of the 2019 Top Ten Index Fund experiment, which provides a pretty good sense of the journey to this point:</p> <p><a href="https://preview.redd.it/ccx0y0vg3ra71.png?width=565&format=png&auto=webp&s=c1e0e54493e1490e198ff73ae4d8cd59a059be27"> 2019 Top Ten ROI Summary </a></p> <p>Fairly steady upward movements punctuated by some very big dips. During the <a href="https://toptencryptoindexfund.com/tracking-2019-top-10-cryptocurrencies-month-15/">Zombie Apocalypse</a>, for example, the 2019 Top Ten Portfolio was returning only +6%. </p> <p>At +341%, the 2019 Top Ten Portfolio is the second best performing <a href="https://toptencryptoindexfund.com/">out of the four Experiments</a>. First place is the 2020 Top Ten group of cryptos, up +469% as of this report. </p> <h2>Combining the 2018, 2019, 2020, and 2021 Top Ten Crypto Portfolios</h2> <p>Speaking of other Top Ten Portfolios, let’s put them all together now:</p> <ul> <li><a href="https://toptencryptoindexfund.com/tracking-2018-top-10-cryptocurrencies-month-42">2018 Top Ten Experiment</a>: down -1% (total value $989)</li> <li><a href="https://toptencryptoindexfund.com/tracking-2019-top-10-cryptocurrencies-month-30">2019 Top Ten Experiment</a>: up +341% (total value $4,414)</li> <li>2020 Top Ten Experiment: up +469% (total value $5,688)</li> <li>2021 Top Ten Experiment: up +184% (total value $2,840)</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>$13,931</strong> ($989 + $4,414 + $5,688 + $2,840).</p> <p><strong>That’s up +248%</strong> on the combined portfolio. Two big monthly drops in a row: the combined portfolios are back to where they were in <a href="https://toptencryptoindexfund.com/tracking-2019-top-10-cryptocurrencies-month-27">February</a>. </p> <p>Here’s a table to help visualize the progress of the combined portfolios:</p> <p><a href="https://preview.redd.it/sp1vcx4r3ra71.jpg?width=380&format=pjpg&auto=webp&s=d3840eaadbd017ce6261bc702540f195f3d8de0f">https://preview.redd.it/sp1vcx4r3ra71.jpg?width=380&format=pjpg&auto=webp&s=d3840eaadbd017ce6261bc702540f195f3d8de0f</a></p> <p>In summary: <strong><em>That’s an +248% 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 vs. Top Five Index</h2> <p>Inspired by a suggestion from one of our blog readers, let’s take a look at how the 2019 Top Ten approach would compare to a hypothetical Top Five Index.</p> <p>A Top Five 2019 Index would mean investing $200 into <strong>BTC, XRP, ETH, BCH,</strong> and <strong>EOS.</strong></p> <p><a href="https://preview.redd.it/p8at6r6t3ra71.png?width=961&format=png&auto=webp&s=41ae4fe66e0d3587f6f4bbf8d4e9ead3787318be"> Much better ROI by sticking to the Top Five</a></p> <p>After thirty months, a Top Five Index would be worth <strong>$6,260</strong>, returning <strong>526%</strong>. That’s compared to the <strong>$4,414</strong> (<strong>+341%)</strong> returns of the 2019 Top Ten.</p> <p>Once again, it is very clear that going with the five largest caps on January 1st, 2019 would have been the much better approach.</p> <p>Alright, that’s crypto. How does crypto compare to the stock market?</p> <h2>Comparison to S&P 500:</h2> <p>I’m also tracking the S&P 500 as part of the experiments to have a comparison point with traditional markets. A solid month for the stock market and yet another all time high for the S&P:</p> <p><a href="https://preview.redd.it/ps3m3r804ra71.png?width=603&format=png&auto=webp&s=9269b28de62189a7feed1db71732b2b1855dee58"> Month S&P levels since Jan. 2019 </a></p> <p>Because the S&P 500 Index is up 71% since January 2019, the initial $1k investment I put into crypto 2.5 years ago would be worth $1,720 had it been redirected to the S&P 500 in January 2019. </p> <p>Even though an extremely solid return for traditional markets, that +72% return is nearly <em>two hundred and seventy percentage points behind</em> the return of the 2019 Top Ten Portfolio over the same time period.</p> <p>But what if I took the same world’s-slowest-dollar-cost-averaging $1,000-per-year-on-January-1st-Crypto-Index-Fund-Experiment approach with the S&P 500? It would yield the following:</p> <ul> <li>$1000 investment in S&P 500 on January 1st, 2018 = $1620 today</li> <li>$1000 investment in S&P 500 on January 1st, 2019 = $1720 today</li> <li>$1000 investment in S&P 500 on January 1st, 2020 = $1340 today</li> <li>$1000 investment in S&P 500 on January 1st, 2021 = $1150 today</li> </ul> <p>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 $5,830</strong> ($1,620 + $1,720 + $1,340 + $1,150)</p> <p>That is up <strong>+46%</strong> <a href="https://toptencryptoindexfund.com/tracking-2018-top-ten-month-one/">since January 2018</a> compared to a <strong>+248%</strong> gain of the combined Top Ten Crypto Experiment Portfolios, a difference of over 200 percentage points <strong><em>in favor of crypto.</em></strong></p> <p>Here’s a table providing an overview of the four year ROI comparison between a Top Ten Crypto approach and the S&P: </p> <p><a href="https://preview.redd.it/ctsh4a634ra71.jpg?width=501&format=pjpg&auto=webp&s=61be4d45f0944035da56c1aa28899f572e925e84"> Crypto vs. S&P: crypto still with a healthy lead</a></p> <p>That’s a nine month streak and a 202% lead for crypto, about the same as a few months ago in February.</p> <h2>Conclusion:</h2> <p>Two straight red months, where do we go from here? Are the crypto bears or the crypto bulls right? No one knows: anyone who says they do is selling you something. Hopefully these numbers help provide a bit of perspective as you, dear reader, are trying to make an informed decision. <a href="https://www.youtube.com/watch?v=hTGJfRPLe08">Gosh</a>, crypto can be nuts: if you do decide to jump in, buckle up and enjoy the ride. </p> <p>To both old-timers and newcomers: thanks so much for taking the time to read and for supporting the Top Ten Crypto Index Fund Experiments. I hope you find the updates helpful in terms of perspective as you navigate this strange and exciting crypto landscape. </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), January 1st, 2020, and most recently, January 1st, 2021.</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/oinyh7/i_bought_1k_of_the_top_10_cryptos_on_january_1st/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/oinyh7/i_bought_1k_of_the_top_10_cryptos_on_january_1st/">[comments]</a></span> </td></tr></table>Kind Regards R
<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/oinyh7/i_bought_1k_of_the_top_10_cryptos_on_january_1st/"> <img src="https://b.thumbs.redditmedia.com/4s1cITtW5OsjtQiF3-RtX0B9qC9KT10VVG4c2VXZgdg.jpg" alt="I bought $1k of the Top 10 Cryptos on January 1st, 2019 (JUNE Update/Month 30) UP +341%" title="I bought $1k of the Top 10 Cryptos on January 1st, 2019 (JUNE Update/Month 30) UP +341%" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p><a href="https://preview.redd.it/40m6hbza0ra71.png?width=666&format=png&auto=webp&s=7fe723e7ab4023d45e9ba399f062715d73ad2ee2">EXPERIMENT - Tracking 2019 Top Ten Cryptocurrencies – Month Thirty - UP +341%</a></p> <p><strong><em>The full blog post with all the tables is</em></strong> <a href="https://toptencryptoindexfund.com/tracking-2019-top-10-cryptocurrencies-month-29"><strong><em>here</em></strong></a><strong><em>.</em></strong></p> <p>Welcome! This is the monthly report for my homemade 2019 Top Ten Crypto Index Fund. This group contains <strong>BTC, XRP, ETH, BCH, EOS, XLM, USDT, LTC, BSV</strong>, and <strong>Tron.</strong></p> <p>---> <strong>MOON DROP!</strong> What do you like to do with your free from <a href="/r/CryptoCurrency">r/CryptoCurrency</a> Moons? I like to give some away, even if penalized: <em>45 Moons to the first person to name the artist and title of the hidden song in this post AND share your favorite crypto of the moment.</em></p> <p>Why 45? It's my way to try to encourage <strong>Special Membership:</strong> right this second, MOONS ARE MOONING, $0.11! 45 are worth about $5 (45*.11), enough to treat yourself and the community to a month of <a href="https://www.reddit.com/r/CryptoCurrency/">r/CryptoCurrency</a> special membership! (If you've already won this month, be cool: give it to someone else, please).</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 for over 3.5 years. Did the same in 2019, 2020, and 2021. <strong><em>Learn more about the history, rules, and FAQs of the Experiments (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>June Winners and Losers</strong> - Winners?
<strong>Tether</strong> again. Biggest Loser: <strong>EOS.</strong></li> <li><strong>Overall since Jan. 2019</strong> - <strong>ETH</strong> nearly doubling return of second place <strong>BTC.</strong> Top Ten portfolio up +341% (vs. S&P's +72%), all coins in the green. <strong>EOS</strong> worst performing.</li> <li><strong>2018+2019+2020+2021 Combined Top Ten Portfolios are returning 248%.</strong></li> </ul> <h2>Month Thirty – UP 341% </h2> <p><a href="https://preview.redd.it/dtfoiper2ra71.png?width=1078&format=png&auto=webp&s=601f33ba8e05b1e6b2c8985ad3c8dea17e028ae0"> 2019 Top Ten Crypto Portfolio Summary - another tough month but doing well overall</a></p> <p>While not quite as bad as <a href="https://toptencryptoindexfund.com/tracking-2019-top-10-cryptocurrencies-month-29">last month</a>, June was still very bloody for the 2019 Top Ten. Despite a rough couple of months (May was all-red as well), the 2019 Top Ten Crypto Index Fund portfolio is up +341% since its <a href="https://toptencryptoindexfund.com/tracking-2019-top-ten-month-one/">inception.</a> </p> <h2>June Movement Report, Ranking, and Dropouts</h2> <p>Not a ton of movement this month for the 2019 Top Ten Portfolio:</p> <p>Ups:</p> <ul> <li><strong>BSV</strong> – up 3 places (#34–>#31)</li> <li><strong>Bitcoin Cash</strong> – up one place (#13–>#12)</li> </ul> <p>Downs:</p> <ul> <li><strong>Tron</strong> – down one place (#24–>#25)</li> <li><strong>EOS</strong> – down 4 places (#23–>#27)</li> <li><strong>Stellar</strong> – down 5 places (#16–>#21) and now out of the Top <em>Twenty</em></li> </ul> <p><a href="https://preview.redd.it/s4l6guxz2ra71.png?width=376&format=png&auto=webp&s=8a25904a904137e7972147315ff2c4798ca571a0"> 2019 Top Ten Rank - 60% have fallen out of the Top Ten </a></p> <p><strong>Top Ten dropouts since January 2019:</strong> After thirty months, 60% of the cryptos that <a href="https://toptencryptoindexfund.com/tracking-2019-top-ten-month-one/">started in the Top Ten in January 2019</a> have been knocked out. <strong>EOS</strong>, <strong>Litecoin, BSV, Stellar, Bitcoin Cash,</strong> and <strong>Tron</strong> have been replaced by <strong>Binance Coin, Doge, Cardano, UNI, USDC,</strong> and <strong>Polkadot.</strong></p> <p>Although it gained some ground in June, <strong>BSV</strong> is the only one of the 2019 Top Ten cryptos that has dropped out of the Top <em>Thirty</em>. </p> <h2>June Winners and Losers</h2> <p><strong><em>June Winners</em></strong> – Besides <strong>Tether</strong>, <strong>Bitcoin</strong> had the least bad month, finishing June down -9%. </p> <p><strong><em>June Losers</em></strong> – down -38% in June, <strong>EOS</strong> was handed its first monthly loss since the 2019 Experiment began thirty months ago. Close behind, <strong>Stellar</strong> is the second worst performer of June, down -37%.</p> <h2>Tally of Monthly Winners and Losers</h2> <p>Which crypto holds the most wins or losses over the life of the project? Here’s a snapshot of the winners and losers over the first thirty months of the 2019 Top Ten Experiment:</p> <p><a href="https://preview.redd.it/7ly6htf33ra71.png?width=372&format=png&auto=webp&s=74386d5ddab306e66fd4690ec82ba97febed7782"> 2019 Top Ten Ws and Ls - first monthly loss for EOS</a></p> <p>By a large margin, <strong>Tether</strong> still has the greatest number of monthly victories (9) followed by <strong>BTC</strong> with five. In other words, 30% of the time (nine times out of thirty months) every crypto in the 2019 Top Ten Portfolio has finished the month in the red. </p> <p>Every crypto has won at least one month since January 2019. After thirty months, <strong>EOS</strong> notched its first monthly loss in June.</p> <h2>Overall Update – ETH still way ahead, all cryptos in positive territory, EOS worst performing</h2> <p>Have a time machine? Go back to the <a href="https://toptencryptoindexfund.com/tracking-2019-top-ten-month-one/">start of the 2019 Experiment</a> and pick yourself up some <strong>Ethereum. ETH</strong> is easily the best performer of this group and has nearly doubled the return of <strong>BTC</strong> (1,438% vs 784%) as of this report.</p> <p>The $100 investment into first place <strong>ETH</strong> on <a href="https://toptencryptoindexfund.com/tracking-2019-top-ten-month-one/">January 1st, 2019</a> is currently worth $1,579. Not bad.</p> <p>After thirty months, 100% of the cryptos in the 2019 Top Ten Portfolio are in positive territory. Not counting stablecoin <strong>Tether</strong>, the worst performing crypto is <strong>EOS</strong>, which is still up +55%. </p> <p>Although the 2019 Top Ten Portfolio is up an impressive +341%, it is still second place behind the best performing of the four Experiments: the 2020 Top Ten is up +469%.</p> <h2>Total Market Cap for the Entire Cryptocurrency Sector:</h2> <p><a href="https://preview.redd.it/q7131tj73ra71.png?width=847&format=png&auto=webp&s=3e3061666cd2e1a364430199b97d11b904b822f7"> Total Market cap +982% since Jan 2019 </a></p> <p>The entire cryptocurrency sector is up +982% since <a href="https://toptencryptoindexfund.com/tracking-2019-top-ten-month-one/">January 2019</a>. That’s still well behind first place <strong>ETH</strong> (+1,438%) but much better than the rest of the cryptos (including second place <strong>Bitcoin’s</strong> +784%) and much, much better than the Top Ten approach.</p> <p>After reaching <a href="https://toptencryptoindexfund.com/tracking-2019-top-10-cryptocurrencies-month-28">$2T a few months ago</a>, the total market cap lost $265 billion in June. In terms of crypto market cap value, we’re back near where we were in <a href="https://toptencryptoindexfund.com/tracking-2019-top-10-cryptocurrencies-month-26">February</a>.</p> <h2>Bitcoin Dominance:</h2> <p><a href="https://preview.redd.it/ufhwdjbb3ra71.png?width=732&format=png&auto=webp&s=2578c74ea486abeacda38e2138983e44356ccf12"> A bounce in BitDom in June</a></p> <p>A bounce in June helped lift the <strong>BitDom</strong> from <a href="https://toptencryptoindexfund.com/tracking-2019-top-10-cryptocurrencies-month-29">last month’s</a> 2019 Top Ten Index Fund Experiment record low. For context, the table above shows the progression over the last thirty months with <strong>BTC</strong> domination ranging between 42% last month to a 70% high way back in <a href="https://toptencryptoindexfund.com/tracking-2019-top-ten-month-eight/">August of 2019</a>. </p> <p>If you’re curious as to what happened last time <strong>Bitcoin Dominance</strong> fell into the low 40s and 30s, check out the <a href="https://toptencryptoindexfund.com/tracking-2018-top-10-cryptocurrencies-month-42">2018 Top Ten Experiment</a>.</p> <h2>Overall return on $1,000 investment since January 1st, 2019:</h2> <p><a href="https://preview.redd.it/smlnkwne3ra71.png?width=322&format=png&auto=webp&s=35011c2235e822807ba920c3c6bb1a589587ee54"> 2019 Top Ten Portfolio ROI </a></p> <p>The 2019 Top Ten Cryptos Portfolio lost $1,180 in June. A big drop, but not quite as bad as the $1933 it lost in May. After thirty months the value of the initial $1000 investment is <strong>$4,414</strong>, up +341%. The 2019 Portfolio is back to where it was in <a href="https://toptencryptoindexfund.com/tracking-2019-top-10-cryptocurrencies-month-26">February</a> 2021.</p> <p>Here’s a table summarizing the monthly ROI over the life of the 2019 Top Ten Index Fund experiment, which provides a pretty good sense of the journey to this point:</p> <p><a href="https://preview.redd.it/ccx0y0vg3ra71.png?width=565&format=png&auto=webp&s=c1e0e54493e1490e198ff73ae4d8cd59a059be27"> 2019 Top Ten ROI Summary </a></p> <p>Fairly steady upward movements punctuated by some very big dips. During the <a href="https://toptencryptoindexfund.com/tracking-2019-top-10-cryptocurrencies-month-15/">Zombie Apocalypse</a>, for example, the 2019 Top Ten Portfolio was returning only +6%. </p> <p>At +341%, the 2019 Top Ten Portfolio is the second best performing <a href="https://toptencryptoindexfund.com/">out of the four Experiments</a>. First place is the 2020 Top Ten group of cryptos, up +469% as of this report. </p> <h2>Combining the 2018, 2019, 2020, and 2021 Top Ten Crypto Portfolios</h2> <p>Speaking of other Top Ten Portfolios, let’s put them all together now:</p> <ul> <li><a href="https://toptencryptoindexfund.com/tracking-2018-top-10-cryptocurrencies-month-42">2018 Top Ten Experiment</a>: down -1% (total value $989)</li> <li><a href="https://toptencryptoindexfund.com/tracking-2019-top-10-cryptocurrencies-month-30">2019 Top Ten Experiment</a>: up +341% (total value $4,414)</li> <li>2020 Top Ten Experiment: up +469% (total value $5,688)</li> <li>2021 Top Ten Experiment: up +184% (total value $2,840)</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>$13,931</strong> ($989 + $4,414 + $5,688 + $2,840).</p> <p><strong>That’s up +248%</strong> on the combined portfolio. Two big monthly drops in a row: the combined portfolios are back to where they were in <a href="https://toptencryptoindexfund.com/tracking-2019-top-10-cryptocurrencies-month-27">February</a>. </p> <p>Here’s a table to help visualize the progress of the combined portfolios:</p> <p><a href="https://preview.redd.it/sp1vcx4r3ra71.jpg?width=380&format=pjpg&auto=webp&s=d3840eaadbd017ce6261bc702540f195f3d8de0f">https://preview.redd.it/sp1vcx4r3ra71.jpg?width=380&format=pjpg&auto=webp&s=d3840eaadbd017ce6261bc702540f195f3d8de0f</a></p> <p>In summary: <strong><em>That’s an +248% 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 vs. Top Five Index</h2> <p>Inspired by a suggestion from one of our blog readers, let’s take a look at how the 2019 Top Ten approach would compare to a hypothetical Top Five Index.</p> <p>A Top Five 2019 Index would mean investing $200 into <strong>BTC, XRP, ETH, BCH,</strong> and <strong>EOS.</strong></p> <p><a href="https://preview.redd.it/p8at6r6t3ra71.png?width=961&format=png&auto=webp&s=41ae4fe66e0d3587f6f4bbf8d4e9ead3787318be"> Much better ROI by sticking to the Top Five</a></p> <p>After thirty months, a Top Five Index would be worth <strong>$6,260</strong>, returning <strong>526%</strong>. That’s compared to the <strong>$4,414</strong> (<strong>+341%)</strong> returns of the 2019 Top Ten.</p> <p>Once again, it is very clear that going with the five largest caps on January 1st, 2019 would have been the much better approach.</p> <p>Alright, that’s crypto. How does crypto compare to the stock market?</p> <h2>Comparison to S&P 500:</h2> <p>I’m also tracking the S&P 500 as part of the experiments to have a comparison point with traditional markets. A solid month for the stock market and yet another all time high for the S&P:</p> <p><a href="https://preview.redd.it/ps3m3r804ra71.png?width=603&format=png&auto=webp&s=9269b28de62189a7feed1db71732b2b1855dee58"> Month S&P levels since Jan. 2019 </a></p> <p>Because the S&P 500 Index is up 71% since January 2019, the initial $1k investment I put into crypto 2.5 years ago would be worth $1,720 had it been redirected to the S&P 500 in January 2019. </p> <p>Even though an extremely solid return for traditional markets, that +72% return is nearly <em>two hundred and seventy percentage points behind</em> the return of the 2019 Top Ten Portfolio over the same time period.</p> <p>But what if I took the same world’s-slowest-dollar-cost-averaging $1,000-per-year-on-January-1st-Crypto-Index-Fund-Experiment approach with the S&P 500? It would yield the following:</p> <ul> <li>$1000 investment in S&P 500 on January 1st, 2018 = $1620 today</li> <li>$1000 investment in S&P 500 on January 1st, 2019 = $1720 today</li> <li>$1000 investment in S&P 500 on January 1st, 2020 = $1340 today</li> <li>$1000 investment in S&P 500 on January 1st, 2021 = $1150 today</li> </ul> <p>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 $5,830</strong> ($1,620 + $1,720 + $1,340 + $1,150)</p> <p>That is up <strong>+46%</strong> <a href="https://toptencryptoindexfund.com/tracking-2018-top-ten-month-one/">since January 2018</a> compared to a <strong>+248%</strong> gain of the combined Top Ten Crypto Experiment Portfolios, a difference of over 200 percentage points <strong><em>in favor of crypto.</em></strong></p> <p>Here’s a table providing an overview of the four year ROI comparison between a Top Ten Crypto approach and the S&P: </p> <p><a href="https://preview.redd.it/ctsh4a634ra71.jpg?width=501&format=pjpg&auto=webp&s=61be4d45f0944035da56c1aa28899f572e925e84"> Crypto vs. S&P: crypto still with a healthy lead</a></p> <p>That’s a nine month streak and a 202% lead for crypto, about the same as a few months ago in February.</p> <h2>Conclusion:</h2> <p>Two straight red months, where do we go from here? Are the crypto bears or the crypto bulls right? No one knows: anyone who says they do is selling you something. Hopefully these numbers help provide a bit of perspective as you, dear reader, are trying to make an informed decision. <a href="https://www.youtube.com/watch?v=hTGJfRPLe08">Gosh</a>, crypto can be nuts: if you do decide to jump in, buckle up and enjoy the ride. </p> <p>To both old-timers and newcomers: thanks so much for taking the time to read and for supporting the Top Ten Crypto Index Fund Experiments. I hope you find the updates helpful in terms of perspective as you navigate this strange and exciting crypto landscape. </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), January 1st, 2020, and most recently, January 1st, 2021.</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/oinyh7/i_bought_1k_of_the_top_10_cryptos_on_january_1st/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/oinyh7/i_bought_1k_of_the_top_10_cryptos_on_january_1st/">[comments]</a></span> </td></tr></table>Kind Regards R