EXPERIMENT - Tracking 2022 Top Ten Cryptocurrencies – Month Twenty-Two - Down -68%

in hive-196917 •  last year 

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Method #1: Open an Uphold wallet using this link. Buy or sell $250 in crypto in the first 30 days, get $20 in free BTC.

Method #2: Sign up for Nexo using this link. Top up your account with $100 in crypto. Make sure your asset is still worth $100 in 30 days and you will receive $25 in free BTC.

Happy HODLING!

Month Twenty-Two – Down -68%

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Solana, ADA, USDC/UST, XRP, LUNA/LUNC, DOT, AVAX.

October highlights for the 2022 Top Ten Portfolio:

Solana significantly outperforms the field, finishing the month +79%
Although still -25%, BTC’s strong October propel it past XRP for first place overall.
The 2022 Top Ten Portfolio is the worst performing of the six Top Ten experiments, -68% as a whole.

October Ranking and Dropouts

Here’s a look at the movement in ranking twenty-two months into the 2022 Top Ten Index Fund Experiment:

AVAX, DOT, and LUNC have dropped out, replaced by Tron, DOGE, and LINK.

October Winners and Losers
October Winners – SOL (+79%) easily won in October, followed by BTC (+30%) and AVAX (+27%)

October Losers – Just one: UST, down -7% this month.

Overall Update: BTC overtakes both XRP and BNB for the overall lead. All cryptos are well in negative territory. LUNC worst performing in the 2022 Portfolio and worst performing crypto of all the Top Ten Experiments.
BTC (-25%) overtook both XRP (-27%) and BNB (-56%) since the last 2022 Top Ten Report. ETH (-50%) has also made up significant ground, but is still a long way from break even point.

Ever since LUNC’s (then known as LUNA) crash in May of 2022, it has remained hopelessly at the bottom, worth a fraction of a cent. The initial $100 invested in Luna twenty-two months ago is worth $0.0001 today – the worst performance of any coin in any of the six Top Ten Experiments, by far. It’s hard to remember/believe that LUNA was the highest performing Top Ten Crypto of the first quarter of 2022.

At -68%, the 2022 Top Ten Portfolio is the worst performing of the six Top Ten experiments.

Overall return on $1,000 investment since January 1st, 2022:

Overall, the 2022 Top Ten Portfolio is down -68%. The initial $1000 investment on New Year’s Day 2022 is now worth $318.

Here’s a visual summary of the progress so far:

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