How much can you earn now if you buy $100 for each of the Top 10 projects in early 2020?

Since October, the price of Bitcoin has been rising and breaking records repeatedly. On November 18, the price of Bitcoin broke through 18,000 US dollars, setting a record high in the past two years. Some people happily posted the price trend of Bitcoin on social media, while others beat their chests and regretted leaving the market early.

It is of course a good thing if you can succeed in the turbulent crypto market, but for more crypto players, running with them is more of the norm. In addition to the old-fashioned fixed investment, what kind of approach is the most stable investment behavior?

Someone has conducted an investment experiment for three consecutive years, investing US$1,000 in the top ten currencies by market value on the first day of the year. At the end of the first year, only US$150 was left, shrinking by nearly 85%, and lost everything; In the second year, the rate of return exceeded 66%; this year he continued to repeat the experiment, and October data showed that he earned 60% this year.

In 2020, over 20% of Nigerian crypto investors were surveyed. Cryptocurrency transactions have been banned in the country: Nic Carter, co-founder of Coin Metrics, tweeted a chart showing that crypto investors in Nigeria, South Africa, and Argentina were investigated in 2020. The proportion of surveys ranks in the top three. Among them, Nigeria accounted for more than 20%. It is worth mentioning that yesterday the Central Bank of Nigeria announced a ban on cryptocurrency transactions. [2021/2/6 19:04:43]

Compared with many KOLs on the market who "talk but don't practice fake tricks", a Reddit netizen named "Joe-M-4" practiced his investment philosophy with practical actions.

On January 1st of this year, "Joe-M-4" used US$1,000 to invest in the top 10 projects by total market capitalization on January 1st, 2020, namely BTC, ETH, XRP, USDT, BCH, LTC, EOS , BNB, BSV and XTZ, the deposit for each project is 100 US dollars.

Bitcoin Volatility Nears 2020 Lows Crypto Exchange Volumes Drop Sharply: Volumes on top spot crypto exchanges fell 36% in June, according to a report from London-based data provider CryptoCompare. Likewise, crypto derivatives trading volumes fell 35.7% to $393 billion, the lowest monthly volume since early 2020. Bitcoin’s ATR range, a measure of volatility, has halved since early June and is just 20 points above its 2020 low at press time. CryptoCompare CEO Charles Hayter said spot prices in June were flat compared to previous months, and that price volatility is unlikely to be the reason for the drop in volume. (Coindesk)[2020/7/7]

According to his updated table, as of the end of October this year, his investment income was 61%, which is far better than the S & P 500's gain of 1% so far this year.

A total of 2020 | Ministry of Industry and Information Technology Xiang Lipeng: Domestic blockchain relies on foreign open source projects in terms of key technologies as high as 70%: Jinse Finance live report, June 21, 2020, hosted by Jinse Finance for 2020·Block Chain Innovation Application Forum kicked off in Shenzhen. This conference is sponsored by Beanheli Technology, with HBTC as a strategic partner. Xiang Lipeng, a senior engineer at the Fifth Institute of Electronics of the Ministry of Industry and Information Technology, gave a keynote speech on "Layout: Blockchain Technology and the Road to Application Market" and pointed out that as of June 2020, more than 1,000 domestic active-zce companies have actually registered for the alliance 94, concentrated in Beijing, Shanghai, Shenzhen, Hangzhou, Guangzhou and other places, the industrial chain of blockchain hardware, platforms, applications, and consulting has been initially formed. Judging from the geographical distribution of blockchain companies, China's blockchain companies and project financing are mainly concentrated in Guangdong, Hong Kong and Macau, the Bohai Rim, the Yangtze River Delta, and the Shaanxi, Hunan and Chongqing regions.

At present, the development of the blockchain industry still needs to be cultivated. It is difficult for upstream and downstream industries such as blockchain-related investment consultants, media, consulting, and technical services to make profits. Eventually, the blockchain industry will be formed. Time proves. Domestic blockchain technology has a high degree of dependence on foreign open source projects. According to incomplete statistics, the degree of external dependence on core technologies and key technologies is as high as 70%. Domestic blockchain applications have been explored more, and the types are far more abundant than foreign countries. However, due to lack of research and development funds and dislocation of talent capabilities, continuous innovation is weak. [2020/6/21]

In the first quarter of 2020, more than 80,000 independent addresses interacted with the DeFi protocol: Alethio’s DeFi data report for the first quarter of 2020 showed that in the first quarter, more than 80,000 independent addresses interacted with the Ethereum DeFi protocol. The activity volume increased significantly around "Black Thursday" in March, and reached its peak on March 13. There were 9,267 active-zce users within 24 hours of that day, accounting for 11.5% of the total number of unique users in this quarter. Among them, 3,724 users also traded on Uniswap Transactions account for 40% of daily activity on the day. [2020/4/16]

From the above table, it can be seen that among all the 10 projects, the ones that brought him the greatest return are ETH (210%), BNB (106%) and BTC (90%), followed by XTZ (66%); Of course, under the bull market, the worst performer was EOS, which completely dragged down the overall return of the portfolio, and the yield was negative (-1%), compared with the lower performing BCH (25%) , there is also a small gap.

Due to the big waves in the encryption market, the top ten projects by total market value also ushered in a major reshuffle this year. Among the top ten currencies at the beginning of this year, as of October this year, only 7 projects remained, including BTC, ETH, XRP, USDT, BCH, BSV and BNB, and EOS and Tezos had the largest decline in the ranking.

From the perspective of total market value, with the recovery of the market, the total market value of cryptocurrencies has risen from 190 billion US dollars at the beginning of this year to 400 billion US dollars in October this year, an increase of 111% since 2018. According to data on November 18, the current total market value of cryptocurrencies has exceeded 510 billion US dollars.

Interestingly, this is not the cryptocurrency player's first experiment.

As early as the beginning of 2018, he made his first investment according to the same strategy, but due to the bleak market, the investment of 1,000 US dollars can be said to be lost: by the end of November, only 263 US dollars were left, an overall drop of nearly 74 %, the income is appalling.

In 2019, "Joe-M-4" continued the experiment. This year’s income was good. At the beginning of the year, the 1,000 US dollars rose to 1660.21 US dollars by the end of the year. The best performers were Bitcoin (262%) and ETH (191%). The entire investment portfolio’s annual rate of return was 66%. On par with comparable performance this year.

From the experience of this investor, it can be clearly seen that the ranking of the top 10 currencies by total market capitalization has changed significantly after 3 years, except for BTC, XRP, ETH, BCH and LTC which remain in the top 10 In addition, the total market capitalization rankings of other projects have dropped out of the top 10, and some have even dropped out of the top 15 (Stellar, Tezos).

On the whole, this netizen’s investment experiment lasted for three years. As of October this year, the principal of 3,000 US dollars is currently worth 3,536.92 US dollars, an overall increase of about 18%. Among these 5 projects, the best performers are BTC and ETH.

Bitcoin has hit a new high in the past two years. How about your investment income this year?

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