Any time I tell someone what I write about for work — specifically, cryptocurrencies — people always ask the same follow-up question: How can I get rich by investing in crypto?

Any time I tell someone what I write about for work — specifically, cryptocurrencies — people always ask the same follow-up question: How can I get rich by investing in crypto?

Truthfully, I’ve wondered the same thing.

I’ve invested in crypto before, but it was a long time ago — like long enough ago that if I had held onto it, I would probably be rich right now.

So back in January, I set out to see which coins had that “cha-ching” factor.

How would Bitcoin, a “blue chip” crypto, perform against Fartcoin, a to-the-moon memecoin? Yes, Fartcoin.

In my tool bag: $100 and a dream. The dream?

My husband and I are living in Europe for the summer. We take our yacht to the Monaco Grand Prix. In one hand, I have a Chanel bag (not sure which one yet, but I have time to decide) and in the other, a glass of bubbling Dom Pérignon. I’m wearing a new pair of CELINE sunglasses and a new sundress from Loro Piana. My husband flashes his Rolex Submariner, the sun reflecting on the green bezel. We throw our heads back and laugh that rich laugh — yeah, you know what laugh I’m talking about — the Jeff Bezos laugh.

Now, you might be wondering, “Well, Logan, how did you pay for it all?!” My Fartcoin gains from this endeavor, of course.

How hard could it be? Plenty of people have done it with memecoins. Case in point: A kid made a meme coin last year, then rug pulled his investors and made $30,000 in one evening. Ethical? No. But, if a 13-year-old can make that much money by scamming people, surely, I could make some cash by simply investing.

Confessions of a crypto cynic part 1: I usually pass on crypto

Before we get into how Fartcoin performed against Bitcoin, I have a few confessions to make.

Confession No. 1: I’ve bought Bitcoin before, but it was so long ago that I don’t remember when and even how much I invested. I’m pretty sure I made nothing when I sold what little I had. Looking back, I should’ve held onto it given Bitcoin’s meteoric rise in recent years.

Confession No. 2: My only crypto investment is a few shares of a Bitcoin ETF in an individual brokerage account. Those shares are such a small percentage of my portfolio that I don’t really notice an impact.

Confession No. 3: Just last year, I hit the major financial benchmarks — emergency fund, manageable debt, diversified portfolio — that many financial advisors recommend achieving before investing in crypto. For my husband and me, that looked like bolstering our emergency savings and working on maxing out retirement contributions.

Does crypto make sense in your portfolio?

A financial advisor can work with you to create a balanced portfolio that meets your short- and long-term goals — and Bankrate’s AdvisorMatch can help you connect with a CFP® professional.

My playbook: Why I bought Bitcoin and Fartcoin

I decided to invest $100 total in two completely different types of cryptocurrencies: Bitcoin, a more established “blue chip” coin, and Fartcoin, a wild, even-more-speculative-than-usual memecoin.

With a market cap that rivals the Magnificent 7, Bitcoin offers the relative stability that I wanted, plus it has a use case — albeit debatable. But most of the “get rich quick with crypto” stories come from investing in memecoins, which have no use case and can skyrocket (or plummet) in a matter of days, sometimes minutes.

Then, I’d hold the coins for 90 days to see how they’d perform, tracking the daily closing price and my portfolio value. I invested Jan. 14 and ended the test drive on April 14.

I bought $50 of Bitcoin on Coinbase — 0.00051795 of a Bitcoin at the time, when the coin closed at $96,534. (All price data are from CoinMarketCap.com.)

But to really make some money, I needed a coin with serious growth potential, like Fartcoin, one of the hottest memecoins of the moment. Created by an AI agent in October 2024, Fartcoin ignited a frenzy, reaching a peak market cap of $2.4 billion in January — thanks to a 55.3 million percent price increase in three months.

1st Fartcoin update of 2025…

It's up 62% in 7 days and now has a market