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Dollar cost averaging 16 Crypto projects vs Grid trading 2 projects. 22 week update

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Dollar cost averaging 16 Crypto projects vs Grid trading 2 projects. 22 week update

Last post link here

As per my last post on this project, I am doing to do a post regarding the statistics of 16 crypto projects, and also the result of grid trading BTC and ETH using a grid trading Bot (I used Pionex). The total amount used was $110 per project so far, and this was over 22 weeks. So $5 per week.

breakdown for the week

PHA (+19.76%) is still the best performing asset, with MATIC closely tailing behind at 18.99%. NEAR protocol, however, is still the worst performing by -44.64%. Overall, I am still in the red. My losses are definitely worse than last week

I am down at this point by --11.34%, or about $224.60. Good opportunities to continue DCA, and I am hoping for good gains during the bull market, Gotta stay positive

The crypto projects I dollar cost averaged into were a small assortment. I must disclose that I used Binance for this, as it was the most cost effective. Namely BTC, ETH, BNB, MATIC, DOT,ADA, LINK, ALGO, ATOM, GALA, WOO, NEAR, ATA, PHA, XVS, FTM. The reason for the weird assortment is because I wanted to see the way altcoins would move in the market as well.

Thank you for the read! have a lovely rest of your day. Stay safe, and stay hydrated!

submitted by /u/pyritejet
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