$1k invested into the Top 10 Cryptos on January 1st, 2020 Up +1016% (NOV Update - Mo
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$1k invested into the Top 10 Cryptos on January 1st, 2020 Up +1016% (NOV Update - Mo

<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/rihhny/1k_invested_into_the_top_10_cryptos_on_january/"> <img src="https://external-preview.redd.it/9sGRz7SHoCnO0VUOboGM0Gei3RvuxdKKoHXyrEfAKYo.jpg?width=320&amp;crop=smart&amp;auto=webp&amp;s=1d310169481a05c182ea9980df9ba55164d56717" alt="$1k invested into the Top 10 Cryptos on January 1st, 2020 Up +1016% (NOV Update - Month 23)" title="$1k invested into the Top 10 Cryptos on January 1st, 2020 Up +1016% (NOV Update - Month 23)" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p><a href="https://preview.redd.it/zbqkqmakt3681.png?width=666&amp;format=png&amp;auto=webp&amp;s=dbd656a005a63e803ed8ef72ebe55398c1bf4a8f">EXPERIMENT - Tracking Top 10 Cryptos Of 2020 - Month Twenty-Three – UP 1016%</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-23"><strong><em>here</em></strong></a><strong><em>.</em></strong></p> <p>Welcome 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>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 &quot;WHY TETHER?!?!&quot; 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 November</strong> - <strong>BNB</strong> (+18%)</li> <li><strong>Overall since Jan. 2020</strong> - <strong>BNB</strong> retains commanding lead, up +<strong>4,454%</strong> in 23 months. 2020 Top Ten is best performing of the four Experiments</li> <li>An ode to DCA: <strong>2018+2019+2020+2021 Combined Top Ten Portfolios are returning +533%.</strong></li> </ul> <h2>Month Twenty-Three – UP 1016%</h2> <p><a href="https://preview.redd.it/4s1phy41u3681.png?width=940&amp;format=png&amp;auto=webp&amp;s=b5377527ec0449792c77af6244f4380d5b43d35c">https://preview.redd.it/4s1phy41u3681.png?width=940&amp;format=png&amp;auto=webp&amp;s=b5377527ec0449792c77af6244f4380d5b43d35c</a></p> <p>The 2020 Top Ten Crypto Index Fund consists of: <strong>BTC, ETH, XRP, USDT, BCH, Litecoin, EOS, BNB, BSV,</strong> and <strong>Tezos</strong>. </p> <p>November highlights for the 2020 Top Ten Portfolio: </p> <ul> <li><strong>BNB</strong> has a very good month and retains a commanding overall lead with <strong>Ethereum</strong> in second place. </li> <li>The 2020 Top Ten Crypto Portfolio is the best performing of all four Top Ten Experiments, hit quadruple digit returns this month, and reached an All Time High in November. </li> </ul> <p>This group of cryptos also highlights the benefits of an index fund strategy: the <strong>+1,016%</strong> return of the 2020 Top Ten Portfolio has <em>outperformed eight of the individual component cryptos contained within the Index.</em> Only by guessing right and throwing all your eggs into <strong>Ethereum</strong> and/or <strong>Binance Coin</strong> would you have performed better than spreading out the risk, index style. </p> <h2>November Ranking and Dropout Report</h2> <p><a href="https://preview.redd.it/94kq0pi2u3681.png?width=372&amp;format=png&amp;auto=webp&amp;s=aaf5a9cb2c840167f953e0f1f22ef06a082ecb22">https://preview.redd.it/94kq0pi2u3681.png?width=372&amp;format=png&amp;auto=webp&amp;s=aaf5a9cb2c840167f953e0f1f22ef06a082ecb22</a></p> <p><strong>Top Ten dropouts since January 2020:</strong> after twenty-three 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 <strong>Bitcoin Cash</strong> have been replaced by <strong>Cardano,</strong> <strong>Polkadot, Solana, Doge,</strong> and <strong>USDC.</strong></p> <p>At #63, <strong>BSV</strong> has sunk the lowest since January 2020.</p> <h2>November Winners and Losers</h2> <p><strong><em>November Winners</em></strong> – <strong>BNB</strong> easily (+18%) followed by <strong>ETH</strong> and a good showing by good ole <strong>LTC</strong>, both up +8%.</p> <p><strong><em>November Losers</em></strong> – <strong>EOS</strong> was the worst performing this month, dropping -14%. </p> <h2>Tally of Monthly Winners and Losers</h2> <p>After twenty-three months, here’s a snapshot of the 2020 Top Ten Experiment’s monthly winners and losers: </p> <p><a href="https://preview.redd.it/3fbqiz84u3681.jpg?width=372&amp;format=pjpg&amp;auto=webp&amp;s=62fe6e4195e0f39c27c2695185d43f8eba9e9d1d">https://preview.redd.it/3fbqiz84u3681.jpg?width=372&amp;format=pjpg&amp;auto=webp&amp;s=62fe6e4195e0f39c27c2695185d43f8eba9e9d1d</a></p> <p>With six monthly victories, <strong>ETH</strong> leads the pack. <strong>Tether</strong> still has the most monthly losses, a good sign for the 2020 Top Ten Portfolio.</p> <h2>Overall Update – BNB increases overall lead over second place ETH. All cryptos in positive territory. 2020 Top Ten best performing of the four Top Ten Experiments</h2> <p>The 2020 Top Ten Portfolio 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 have <em>four digit growth</em> (<strong>BNB</strong> and <strong>ETH</strong>). <strong>Binance Coin</strong> continues to hold a commanding lead over second place <strong>Ethereum.</strong></p> <p>The initial $100 investment twenty-three months ago into first place <strong>Binance Coin</strong>? Currently worth <strong>$4,555</strong>, an increase of +4,454%. </p> <p>In second is <strong>Ethereum,</strong> also with quadruple digit gains, up +3,562%.</p> <p>Besides <strong>USDT</strong>, the worst performer in the 2020 group is <strong>BSV,</strong> up +52% since January 2020. </p> <h2>Total Market Cap for the Entire Cryptocurrency Sector:</h2> <p><a href="https://preview.redd.it/o6spjxr5u3681.png?width=582&amp;format=png&amp;auto=webp&amp;s=0703a37cc7a3665945bfb8416a412ec25eb466d9">https://preview.redd.it/o6spjxr5u3681.png?width=582&amp;format=png&amp;auto=webp&amp;s=0703a37cc7a3665945bfb8416a412ec25eb466d9</a></p> <p>As a sector, crypto is up <strong>+1,292%</strong> over the twenty-three month lifespan of 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> (+1,292%), you’d be doing quite a bit better than the Experiment’s Top Ten approach (+1,016%) and ridiculously better than the S&amp;P (+40%) over the same time period. Much more on the S&amp;P below. </p> <p>Crypto Market Cap Low Point in the 2020 Top Ten Crypto Index Experiment: <a href="https://toptencryptoindexfund.com/tracking-2020-top-10-cryptocurrencies-month-3/"><strong>$185B in March 2020</strong></a>.</p> <p>Crypto Market Cap High Point in the 2020 Top Ten Crypto Index Experiment: <a href="https://toptencryptoindexfund.com/tracking-2020-top-10-cryptocurrencies-month-22"><strong>$2.6T last month</strong></a>.</p> <h2>Bitcoin Dominance:</h2> <p><a href="https://preview.redd.it/y70viwd7u3681.png?width=504&amp;format=png&amp;auto=webp&amp;s=3bc8d129f96b927ce58119bf4b2983cb7f0d09c4">https://preview.redd.it/y70viwd7u3681.png?width=504&amp;format=png&amp;auto=webp&amp;s=3bc8d129f96b927ce58119bf4b2983cb7f0d09c4</a></p> <p><strong>BitDom</strong> declined in November, ending the month at 40.7% (compared to 43.7% in October). This is a record low when looking at the timeframe as a whole. </p> <p>For context, here are the high and low points of <strong>BTC</strong> domination over the twenty-three month life of the 2020 Experiment:</p> <p>Low Point in the 2020 Top Ten Crypto Index Experiment: <a href="https://toptencryptoindexfund.com/tracking-2020-top-10-cryptocurrencies-month-23"><strong>40.7% this month</strong></a>.</p> <p>High Point in the 2020 Top Ten Crypto Index Experiment: <a href="https://toptencryptoindexfund.com/tracking-2020-top-10-cryptocurrencies-1-year-report/"><strong>70.4% in December 2020</strong></a>.</p> <h2>Overall return on $1,000 investment since January 1st, 2020:</h2> <p><a href="https://preview.redd.it/6k8kndg8u3681.png?width=301&amp;format=png&amp;auto=webp&amp;s=cf1eeca1c0f1c65c7e1aa54c82bd71c0b36f007b">https://preview.redd.it/6k8kndg8u3681.png?width=301&amp;format=png&amp;auto=webp&amp;s=cf1eeca1c0f1c65c7e1aa54c82bd71c0b36f007b</a></p> <p>The 2020 Top Ten Portfolio picked up $790 in November and is now worth <strong>$11,160</strong> (+1,016%) from the initial $1k investment. This is an All Time High for the 2020 Top Ten group.</p> <p>The 2020 Portfolio remains 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/s9sgvlj9u3681.png?width=447&amp;format=png&amp;auto=webp&amp;s=38fd5c6cb3531a5090ca5238fedaf7d135f0430d">https://preview.redd.it/s9sgvlj9u3681.png?width=447&amp;format=png&amp;auto=webp&amp;s=38fd5c6cb3531a5090ca5238fedaf7d135f0430d</a></p> <p>The portfolio has yet to experience a red month, although 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-47">2018 Top Ten Experiment</a>: up +67% (total value $1,666)</li> <li><a href="https://toptencryptoindexfund.com/tracking-2019-top-10-cryptocurrencies-month-35">2019 Top Ten Experiment:</a> up +665% (total value $7,648)</li> <li><a href="https://toptencryptoindexfund.com/tracking-2020-top-10-cryptocurrencies-month-23">2020 Top Ten Experiment</a>: up +1016% (total value $11,160)</li> <li>2021 Top Ten Experiment: up +387% (total value $4,866)</li> </ul> <p>So overall? 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>$25,340</strong> ($1,666 + $7,645 + $11,160 + $4,866).</p> <p><strong>That’s up +533%</strong> on the combined portfolios, <strong>a second straight all time high</strong> for the Top Ten Index Fund Experiment.</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/ppr740fcu3681.jpg?width=508&amp;format=pjpg&amp;auto=webp&amp;s=0b3699803491e2da7cebbf6a14ea811d8713da5f">https://preview.redd.it/ppr740fcu3681.jpg?width=508&amp;format=pjpg&amp;auto=webp&amp;s=0b3699803491e2da7cebbf6a14ea811d8713da5f</a></p> <p>In summary: <strong><em>That’s a +533% gain by investing $1k on whichever cryptos happened to be in the Top Ten on January 1st (including stablecoins) for four straight years</em></strong>.</p> <h2>Comparison to S&amp;P 500</h2> <p>I’m also tracking the S&amp;P 500 as part of my experiment to have a comparison point with traditional markets.</p> <p><a href="https://preview.redd.it/800eh54fu3681.png?width=504&amp;format=png&amp;auto=webp&amp;s=055909ba1d87ab05eebe890a94aa790fea508b84">https://preview.redd.it/800eh54fu3681.png?width=504&amp;format=png&amp;auto=webp&amp;s=055909ba1d87ab05eebe890a94aa790fea508b84</a></p> <p>Since it has returned +40% since January 1st, 2020, 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 $1400 had it been redirected to the S&amp;P 500 instead. </p> <p>Crypto over the same time period? The 2020 Top Ten Crypto Portfolio is returning <strong>+1,016%</strong>, worth <strong>$11,160.</strong></p> <p><strong><em>That’s a difference of $9,760.</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&amp;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&amp;P 500 on January 1st, 2018 = $1,690 today</li> <li>$1000 investment in S&amp;P 500 on January 1st, 2019 = $1,800 today</li> <li>$1000 investment in S&amp;P 500 on January 1st, 2020 = $1,400 today</li> <li>$1000 investment in S&amp;P 500 on January 1st, 2021 = $1,200 today</li> </ul> <p>Taken together, here’s the bottom bottom bottom <em>bottom</em> line for a similar approach with the S&amp;P: </p> <p><strong>After four $1,000 investments into an S&amp;P 500 index fund in January 2018, 2019, 2020, and 2021, my portfolio would be worth $6,090</strong> ($1,690 + $1,800 + $1,400 + $1,200)</p> <p>That is up <strong>+52%</strong> <a href="https://toptencryptoindexfund.com/tracking-2018-top-ten-month-one/">since January 2018</a> compared to a <strong>+533%</strong> gain of the combined Top Ten Crypto Experiment Portfolios, a difference of 481 percentage points <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&amp;P up to this point.</p> <p><a href="https://preview.redd.it/jl2qr6phu3681.jpg?width=604&amp;format=pjpg&amp;auto=webp&amp;s=6079f18a302437cbc279f6db2238717734c8176d">https://preview.redd.it/jl2qr6phu3681.jpg?width=604&amp;format=pjpg&amp;auto=webp&amp;s=6079f18a302437cbc279f6db2238717734c8176d</a></p> <h2>Conclusion:</h2> <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, try to 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-46">January 1st, 2018</a> (the OG Experiment), <a href="https://toptencryptoindexfund.com/tracking-2019-top-10-cryptocurrencies-month-34">January 1st, 2019</a>, and most recently, <a href="https://toptencryptoindexfund.com/tracking-2021-top-10-cryptocurrencies-month-10">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/rihhny/1k_invested_into_the_top_10_cryptos_on_january/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rihhny/1k_invested_into_the_top_10_cryptos_on_january/">[comments]</a></span> </td></tr></table>Kind Regards R
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