"365 days, 365 cryptocurrencies—what I learned from my daily $5 investment journey into the volatile, diverse, and ever-evolving world of crypto."
What I Learned From Buying $5 of Cryptocurrency Every Day for a Year (Part 1)
For the past year, I embarked on an experiment that was both simple and ambitious: buying $5 worth of cryptocurrency every single day. My goal wasn’t to strike it rich or uncover the next Bitcoin, but to gain a hands-on understanding of the crypto world. By the end of the year, I had invested in 365 different cryptocurrencies—one for each day of the year. Here’s what I discovered from this fascinating journey.
---
1. The Market is Volatile—But That's Not News
It’s no secret that cryptocurrency markets are highly volatile. Some days, my $5 investment gained significant value; other days, it plummeted. But over time, I noticed that despite the fluctuations, the overall market trend was upward, reflecting the growing interest and adoption of crypto globally.
2. Diversification Isn’t Just a Stock Market Principle
One of the most striking lessons I learned was the power of diversification. By spreading my $5 investments across hundreds of different cryptocurrencies, I was able to experience the various niches and use cases of crypto firsthand. While some coins performed poorly, others soared, demonstrating the importance of holding a diverse portfolio.
3. Research is Key—But So Is Trust
With 365 investments, I couldn’t dive deep into the fundamentals of each cryptocurrency. That said, the process of researching coins, reading whitepapers, and understanding their use cases was crucial. But I also learned that trust plays a big role. Platforms like Binance, which offer a wide range of coins and transparency, made it easier to make informed decisions with the little time I had.
Stay tuned for Part 2 where I’ll dive deeper into the financial impact of this journey, the best-performing coins, and the lessons that shaped my view of the future of cryptocurrency.