Veeky Forums, you think you have what it takes to become a "crypto" portfolio manager?
DAY 3
We made (+6.94%, +$7,595) yesterday.
Day 1 : $100,000 Day 2 : $109,343 Day 3 : $116,938
Top 3 best movers by percentage from previous day MNE: (+53.64%), ($9,792) ETH: (+7.1%), ($142) LTC: (+4.55%), ($91)
Here's the game:
>Veeky Forums controls holdings starting at $100,000 from 8/19. Now controls $116,938. >Each day the money is compounded and all cryptos are liquidated. >You will be given the opportunity to make portfolio changes (up until 9:55PM EST). >Submit buy/sell orders >Maximum of 15 pairs at a time. >Each post controls $2000 at a time >If all US Dollar is not spent by game end, it will be disbursed among the top 3 tickers.
Example post: >"Buy $2000 DGB" (implying there is enough Dollar to cover the order, if not you must sell another token)
Will update this thread periodically. Good luck to us.
Angel Lopez
Please note that the rules have changed slightly. You may not sell another ticker unless there is already 15 of them.
Ian Lopez
Buying $2000 DGB
Carson White
Buy $2000 DGB
Dominic Hill
Buy $2000 NEO
Kayden Morgan
how is it possible that biz is making better gains than investment firms?
Brandon Richardson
Buy $2000 Hackergold (HKG)
Jose Myers
Buying $2000 XRP
David Young
A community driven portfolio has beaten the S&P 500 YTD in two days.
Christopher Ward
Buy $2000 SOJ
Christopher Evans
buy $5000 BITB
Samuel King
what if we make u buy 1 sat trash like mooncoin then u cant sell it at the end of the day? ;) your plan is flawed
Charles Butler
Kek is having fun with it, there's no other explanation when some posts are obviously trying to sabotage.
Jason Hughes
It's not flawed because I'm selling at market price right before I post the new thread.
There are always buyers.
Ryder Anderson
Buy $2000 ARK
Andrew Richardson
Buy 2000 BTC
Lucas Sanchez
You know if you really put 100,000$ dollars down and did exactly as this portfolio suggested, you'd have made 15% by now.
Feels bad man.
William Anderson
This portfolio is sort of an Index for anyone trading crypto on Veeky Forums because it will always be well diversified.
Gavin Cooper
It's a great idea. I'd follow along and buy proportionally with the crowd wisdom if only I wasn't all in at .00906/.0122 NEO Made 10% back today by trading the variance on OMG and BCC but still decided to put it all back into NEO because look, more shares than I started with! I really need to make about 100% to get back all of the losses I've taken on my principal, would diversifying that heavily and eeking it back inch by inch be better than waiting for the eventual pump on NEO?
James Scott
Buy $2000 DGB
Justin Wright
$2000 on IOC $2000 on XRL
Jayden Thomas
It all depends on your investing strategy. Personally I choose a diversified portfolio, this is because you don't want to "put all your eggs into one basket" and lose 20-30% in one day. Granted with a diversified portfolio, you wont make a 40% in one day but you wont lose 40% in one day either. That would only happen if the whole market was to crash.
Jonathan Brown
BUY $2000 BNB
Christian Powell
Buy $1000 ESP at YOBIT
Blake Smith
Yeah, it feels horrible to lose 25% while sleeping. But now that I have, I'm stuck hodling and perhaps trading RSI/Stoch overbuy/oversell areas until I get it back. I'm mostly pissed because I was diversified last month, really well actually.. and if I had stayed with my 200OMG and 13NEO at the price I bought them at, even if I had lost tons shorting BTC all the way up to $4000 or on the BCC pump.. which I did, I would've done way better just holding the whole time... so now I'm inclined to just hold on to what I'm already in.
Adrian Ward
Buy $2000 multi on yobit for sure
Joshua Hill
Buy $2000 ETH
John Price
$2000 ESP on Yobit.
Jose Robinson
Losing a quarter of your money must be pretty rough. I would never settle for such risk. If you believe in the tokens that you invest in, it shouldn't keep you up all night. I would suggest in only investing in tokens with long-term growth and no pump and dump junk.
I've lost a fair share of capital when I first started out and that is one of the main reasons, no diversification.
Ryder Cook
Buy $2000 EMB Buy $2000 STORJ
William Gutierrez
choose one
Hunter Anderson
Buy $2000 DNT
Charles Nguyen
Buy 2000 IOTA
Logan Thomas
Buy $2000 DGB
Jonathan Wright
BUY $2000 NEO
Camden Adams
Buy $2000 ZRX
Aiden King
Buy 2000 MONA
Noah Carter
Buy $2000 FUN
Luke Gomez
All 15 slots taken, Either sell one of the tickers or add to them. Ex "Sell BTC $2000, Buy LTC $2000"
Charles Peterson
Buy $2000 LBC
Chase Roberts
sell 8000 DGB buy 30k MONA
Josiah Rivera
Buy $2000 OMG
Michael Parker
You should also consider transaction fees at every buy and sell to make it more realistic.
Evan Scott
buy 2000 OMG
Anthony Moore
$2000 MNE
Charles Garcia
$100,000 on sigt
Jace Taylor
Buy $2000 MNE
Cameron Phillips
BUY $2000 LTC
Carson Gonzalez
>RSI/Stoch overbuy/oversell Can you give some more details? I almost lost a good chunk of my money after betting on a Schaff sell signal on OMG. But I waited patiently and eventually (after hours of stress) ended up neutral. I've been using the default options from Bittrex.
- Field: close - Period: 10 - Short Cycle: 23 - Long Cycle: 50 - Moving Average Type: Exponential - OverBought: 75 - OverSold: 25
And I also alternate between 30-minute candles and 5-minute candles.
Maybe I just got unlucky, but now I'm scared to try again without a better understanding of this settings. Could you explain them and which you recommend?
Also, any good second indicator to use together with Schaff to give a better idea of entry/exit points?
Thanks a lot.
Luke Gutierrez
I'm buy $2000 espers on yobit..sir
Kayden Garcia
Buy $2000 ZRX
Angel Cook
Buy $2000 Minereum.
I am. Right now, literally doing that.
Jose Taylor
Storj then
Hope I'm not too late
Jaxson Morgan
Buy $2000 NXS (Nexus) on Bittrex.
Evan Lopez
I didn't read the slot limit portion. Corrected: Sell $2000 DGB Buy $2000 NSX
Dominic Nguyen
Hello everyone I will close this now and submit the complete portfolio soon.
Jeremiah King
Buy 1000$ NEO and 1000$ LSK
Nolan Clark
Thank you for all who participated. The top 3 chosen (correctly) were: 1. DGB 2. ESP 3. NEO, SOJ and ZRX (tied) I disbursed the remaining USD over these pairs as stated in the rules.
Please note that this portfolio is limited to 15 pairs at a time so please sell a pair already listed before buying if the cap is reached.
I will post tomorrow on or about 8PM EST. Good luck to all and let's see these profits!
Juan Barnes
Buy $2000 MTL
Dylan Brooks
unfortunately not enough DGB was sold throughout the thread to complete that one.
Ryan Collins
i dont think u understand my point. u cant sell at market price if market price is 1 sat and there's a high amount of people selling. you'll be put last in line at 1 sat and since there are no buyers u won't be able to sell overnight...at least until someone decides to buy it. no buyers = no sale.