Join the March Buy and Hold Altcoin Portfolio Competition! (Including a prize!)
Back in January I ran a buy and hold competition on the LumbridgeCity and it was a lot of fun so I want to run another one for March! :) If you're a cryptocurrency trader or looking to try it out, now's your chance!
Here's how it works:
We each get a hypothetical 1.0 bitcoin to build our portfolio. At the end of the month of March, the winner will be the person who's portfolio is the highest in BTC.
To enter, simply head over to the LumbridgeCity Forums, register, (if you're not already) and post a comment on this thread
PRIZE
All the money collected on this post will be the prize!
RULES:
1. We each get 1 Bitcoin to buy altcoins with. You must post a comment on this LumbridgeCity Forums Post to enter. [For example: 0.2 btc worth of ETH, 0.2 btc worth of WTC, 0.2 btc worth of NEO, 0.2 btc worth of SYS, 0.1 worth of SUMO, 0.1 keep as BTC.]
2. IMPORTANT: No more than 25% in any single coin, (except Bitcoin).
3. Maximum of 6 different coins.
4. One entry per person.
5. You must comment your selections below before March 1st to be in the competition.
6. Only coins that are listed on CoinMarketCap are eligible.
7. Any unspent bitcoin will remain as bitcoin until the end.
8. The portfolio that is worth the most in Bitcoin at the end will win!
After everyone has posted their allocations, I'll make all the hypothetical purchases at some point on March 1st and post all the final portfolio's. I'll be sure to update everyone on the progress!
Coins mentioned in post:
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I'll be demonstrating and practicing the 'Popcorn Trading' method with my entries into the contest - the buy and hold nature of the contest makes it hard to cut your losses or add onto your winners, and so I'll select my range of coins and explain why I am investing in them, and I'll also provide my stop-loss and profit order levels before putting on the trades!
Last competition I was not a contender for the top winning spot and I paid @Glenn $100 in cryptos... this time I'm going to win!! Hahaha! ;-)
Good luck! It's a little bit of luck and a whole lot of strategy that will win.