Inspired by the Reddit post "Tracking top 10 cryptocurrencies - Experiment" I have decided to start my own experiment with a little twist.
The goal of this experiment is to compare the results of investing in the top 10 crypto coins vs investing in coins with a low market cap.
Every month I will be investing at least $100 in top 10 crypto coins (at least $10 per each coin) and $100 in ten coins with a low market cap.
I am still unsure of how to choose coins with a low market cap. Maybe I will choose only coins with a market cap below a certain level.
If you have any suggestions please leave a comment.
Every week I will create a report to compare these two portfolios.
After each month I will remove unprofitable coins from my low market cap portfolio and adust portfolio with top 10 coins.
Top 10 Cryptocurrencies as of today:
| # | Name | Price of Coin | Number of Coins | Price of coins in Portfolio |
|---|---|---|---|---|
| 1 | Bitcoin  | $8,913.55 | 0.00112 | $10 |
| 2 | Ethereum  | $190.96 | 0.052 | $10 |
| 3 | XRP  | $0.198024 | 50.5 | $10 |
| 4 | Tether  | $1.00 | 10 | $10 |
| 5 | Bitcoin Cash  | $232.68 | 0.043 | $10 |
| 6 | Bitcoin SV  | $187.02 | 0.053 | $10 |
| 7 | Litecoin  | $42.29 | 0.236 | $10 |
| 8 | Binance Coin  | $15.78 | 0.63 | $10 |
| 9 | EOS  | $2.45 | 4.08 | $10 |
| 10 | Tezos  | $2.54 | 3,93 | $10 |
If you want to see the results of this experiment, please follow me on Hive.
Also, If you can recommend coins to invest, please do it in the comments.