Ways to pick up free Bitcoin:
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 $500 in crypto and complete a few tasks. Make sure your assets are still worth $500 in 30 days and you will receive $35 in free BTC.
Method #3: Open a Coinbase account using this link. Buy $20 in crypto, get $20 in free BTC.
Happy HODLING!
Month Nineteen – Up +78%
The 2024 Top Ten Crypto Index Fund Portfolio is BTC, ETH, USDT, BNB, SOL, XRP, ADA, AVAX, DOGE, DOT.
July highlights for the 2024 Top Ten Portfolio:
- All green month, ETH has a very good July.
- The 2024 Top Ten Portfolio is up +78%.
- Most cryptos in the positive territory YTD except AVAX and last place DOT. XRP is still comfortably in first place.
July Rankings
Here’s a look at the movement in the ranks nineteen months into the 2024 Top Ten Index Fund Experiment:
With the exceptions of AVAX and DOT, most of the Top Ten stayed in place.
July Winners and Losers
July Winner – ETH (+46%) and XRP (+37%) dominated their peers this month.
July Loser – BTC (+8%) and DOT (+9%) gained the least in July.
Overall Update: XRP enjoys a large lead followed distantly by BTC. DOT in last place. 80% of cryptos in the green.
XRP (+368%) is the best performing member of the 2024 Top Ten Crypto Portfolio, followed distantly by second place BTC (+153%). The initial $100 invested in XRP nineteen months ago is worth $468 today.
Most Top Ten cryptos are in positive territory with the exceptions of AVAX and DOT. DOT continues to be the worst performer, down -58% since the start of the 2024 Top Ten Experiment.
Overall return on $1,000 investment since January 1st, 2024:
The initial $1000 investment on New Year’s Day 2024 is now worth $1,780.
Combining the 2018 – 2025 Top Ten Crypto Portfolios
The 2024 Top Ten is one of eight concurrent experimental portfolios. So, where do we stand if we combine eight years of the Top Ten Crypto Index Fund Experiments?
- 2018 Top Ten Experiment: up +80% (total value $1,804)
- 2019 Top Ten Experiment: up +847% (total value $9,474)
- 2020 Top Ten Experiment: up +1109% (total value $12,086) (best performing portfolio)
- 2021 Top Ten Experiment: up +403% (total value $5,025)
- 2022 Top Ten Experiment: down +2% (total value $1,019)
- 2023 Top Ten Experiment: up +216% (total value $3,156)
- 2024 Top Ten Experiment: up +78% (total value $1,780)
- 2025 Top Ten Experiment: down -0.4% (total value $966) ( worst performing portfolio)
Taking the eight portfolios together:
After a $8,000 total investment in the 2018 – 2025 Top Ten Cryptocurrencies, the combined portfolios are worth $35,340.
That’s up +342% on the combined portfolio. The peak for the combined Top Ten Index Fund Experiment Portfolios was November 2021’s all time high of +533%.
Here’s the combined monthly ROI since I started tracking the metric in January 2020:
In summary: That’s a +342% gain by investing $1k on whichever cryptos happened to be in the Top Ten on January 1st (including stablecoins) for eight straight years.
Comparison to S&P 500
I’m also tracking the S&P 500 as part of my Experiment to have a comparison point to traditional markets.
The S&P 500 is up +31% since January 1st, 2024, so the initial $1k investment into crypto on New Year’s Day would be worth $1,308 had it been redirected to the S&P.
Taking the same invest-$1,000-on-January-1st-of-each-year approach with the S&P 500 that I’ve been documenting through the Top Ten Crypto Experiments, the yields are the following:
- $1000 investment in S&P 500 on January 1st, 2018 = $2,334 today
- $1000 investment in S&P 500 on January 1st, 2019 = $2,489 today
- $1000 investment in S&P 500 on January 1st, 2020 = $1,931 today
- $1000 investment in S&P 500 on January 1st, 2021 = $1,661 today
- $1000 investment in S&P 500 on January 1st, 2022 = $1,309 today
- $1000 investment in S&P 500 on January 1st, 2023 = $1,625 today
- $1000 investment in S&P 500 on January 1st, 2024 = $1,308 today
- $1000 investment in S&P 500 on January 1st, 2025 = $1,061 today
Taken together, the results for a similar approach with the S&P:
After eight $1,000 annual investments on January 1st into an S&P 500 index fund from 2018 to 2025 my portfolio would be worth $13,717.
That is up +71% since January 2018 compared to a +342% gain of the combined Top Ten Crypto Experiment Portfolios.
The visual below shows a comparison on ROI between a Top Ten Crypto approach and the S&P as per the rules of the Top Ten Experiments:
Conclusion:
To the long time followers of the Top Ten Experiments, thank you for sticking around so long. For those just getting into crypto, I hope these reports will help prepare you for the highs and lows that await on your crypto adventures. Buckle up, go with the flow, think long term, and truly don’t invest what you can’t afford to lose. Most importantly, try to enjoy the ride.
A reporting note: I’ll focus on 2025 Top Ten Portfolio reports + one other portfolio on a rotating basis this year, so expect two reports per month. July’s extended report is on the 2024 Top Ten Portfolio which you’re reading now. For more data, you can check out the latest 2018-2025 Top Ten reports as well.
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