Crypto Portfolio: BTC, ETH, ADA; An investment synopsis of Q1 2022

Saif Naqvi
Source: Pixabay

The cryptocurrency market has not been kind to new investors in 2022 so far. With Bitcoin’s year-to-date performance taking a beating, here’s how a crypto portfolio would look if one began investing in the top 15 coins at the start of the year.

Source: TradingView

Global economic factors have distressed Bitcoin’s price this year and the lack of a sustained bull run was not ideal for new investors. The king coin’s year-to-date losses sit close to 16%, reflecting a tough few months for the overall crypto market.

Source: Messari

Here’s how a crypto portfolio with a balance of $1,100 at the beginning of the year would look by mid-April if one invested in the top 15 coins (excluding stablecoins). For this article, each coin was allocated $100.

The king coin’ YTD performance was down by 16%, with its price falling to revisit $50K even once during Q1. A $100 invested at the start of the year would now be reduced to $84.

The second-largest digital asset Ethereum showed that more progress was needed to steer clear of Bitcoin’s correlation. Its YTD decline touched nearly 20%, higher than Bitcoin’s losses. This price change would have lowered a $100 investment to $80.

Following a similar path to Ethereum, a $100 worth of Binance Coin would have also reduced to $80 by mid-April.

Fortunately for XRP investors, the digital asset’s price was least affected by Bitcoin drawdowns. Its YTD performance was down by 8%, shrinking the original investment to just $92.

Unfortunately, ‘Ethereum killers’ seemed to have been affected the most by Bitcoin’s fall. Each of Solana, Cardano, and Avalanche declined by over 30% this year. A $100 investment would have declined to $69 on both Cardano and Avalanche. Solana’s portion would have been reduced to $60.

Meanwhile, Terra’s fall was not as severe as its other smart contract counterparts. Stronger relief rallies maintained LUNA’s YTD losses to just 10%, wiping only $10 from the initial investment.

Polkadot investors were not as lucky as LUNA’s. The YTD performance fell by 32$, diminishing the overall DOT fund to $68.

Lastly, Dogecoin and Shiba Inu showed exactly why novice crypto investors should do extensive research before kickstarting their crypto journey with high-risk high-reward meme tokens. While the DOGE’s YTD was down by 15%, SHIB declined by 36%, becoming the second-highest lower among the mentioned coins. A $200 combined investment in these tokens would have slipped to $149.


Overall, if one invested $1,100 at the start of the year, the balance would now have shrunk to $879. That represents a loss of 23% from the crypto portfolio stated above.

While Q1 for 2022 has been marred with trading outflows, all hope was not lost just yet. Many analysts suggest that the market could recover during Q2, which has historically been a favorable period for Bitcoin.