It’s the 3rd week since the experiment started and I’m really impressed by the result, the overall gain is of $1,410.99 USD (141.1%).
Bitcoin (BTC) price continues to ride a rollercoaster this week and just bounced back at $14,851.00 USD.
Let’s talk about our Top 5 cryptocurrencies.
For the second week in a row, the best overall gainer is Verge (XVG), when I bought it 3 weeks ago, the price was as low as 0.00792891 USD and it’s now 0.16364615 USD, a major gain of 1963.92 %. It’s been another incredible week for Verge, many big investors jumped in, seeing a big potential and waiting for the release of Wraith Protocol. Sunerok, the main Developer of Verge confirmed that it will be released before the end of 2017, so we should have the big news really soon. Exciting times ahead!
Tron (TRX) still sitting in the second position and hasn’t disappointed. The protocol source code has just been released and the roomers about new big exchanges implementing it made it a stable gain for our experiment. I bought 2500 TRX at 10.04 USD, worth now 91.98 USD, a gain of %816.43.
Ripple (XRP) is on a continues rise. The price just broke the $1.50 USD wall and it took the 3rd spot on coinmarketcap. With 100k readers on Reddit, it’s community is getting stronger everyday and pushing this crypto its highest so far.
Qtum (QTUM) getting a trader position in the Asian market is doing wonders, bringing us a gain of 364.00 %
On the 5th spot, we have a new entry the DigiByte (DGB). When we bought it 3 weeks ago with 9.62 USD we received 679.95 (DGB) and now the total is worth 41.93 USD. Another impressive 335.84 % gain.
Profit of the week in USD: $1,410.99
Profit of the week in BTC: 0.10 BTC
Top 5 cryptocurrencies so far :
- Verge (XVG) +1963.92 % , from $9.62 to $198.55
- Tron (TRX) +816.43 % , from $10.04 to $91.98
- Ripple (XRP) +513.22 % , from $9.75 to $59.78
- Qtum (QTUM) +364.00 % , from $9.77 to $45.34
- Digibyte (DGB) +335.84 % , from $9.62 to $41.93
A recap of all the 100 Cryptocurrencies and how they are performing against USD
A recap of all the 100 Cryptocurrencies and how they are performing against BTC
Balance by day in USD :
Balance by day in BTC
Otherwise in short this is how I started the experiment :
- Got $ 1000 USD in Bitcoin from Coinbase (It’s probably the fastest way to get some, they accept debit cards and it’s almost used worldwide)
- Used part of the Bitcoins to buy the other cryptocurrencies/altcoins
- I used Binance , Kucoin and Hitbtc to buy most of the cryptocurrencies
- All the others on Mercatox , Cryptopia
- Another part on Bittrex
- Added all the trades on Cointracking.info
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Dude, add a graph comparing your portfolio value to BTC value in usd, to compare holding 100crypto vs holding btc.
Thanks!
Hi Andre, there are already 2 graphs that show the value of the cryptos and portfolio in BTC 🙂
Great stuff! Quick question: what website / platform are you using to create these charts (specifically, the ones that show your unrealized gains/losses)?
Hi Chris,
I’m using https://cointracking.info
Cheers
How did you transfer the small amount of Crypto into a safe wallet?
I didn’t transfer it for now, waiting for the fees to lower or the value to increase.
So what are your thoughts now about Verge? I bought it really low, but in the last few days it’s just losing its value and volume, and I really don’t see it rising back. What do you think?
That’s a great question, if as they say the Wraith Protocol will be released the price should keep rising, otherwise the price will get a correction.