For kicks, I joined the Wealthbase January Fantasy Trading Challenge. I’ve done it in the past and it’s a fun way to try really dumb trading strategies to see what happens.
In this case, I created my All-Crypto Superstars Fund on January 3rd that consisted of the following:
| Ticker | Amount | Price | Total |
|---|---|---|---|
| LTC | 5.242 | 148.42 | 779.19 |
| BTC | 0.429 | 46532.53 | 20015.06 |
| BITQ | 934 | 21.38 | 19968.92 |
| MSTR | 35 | 555.52 | 19443.20 |
| COIN | 78 | 253.22 | 19751.16 |
| ETH | 5.321 | 3757.78 | 20025.15 |
The rules are that you start with $100k and you can’t have more than 20% in an individual investment (otherwise it would have been 100% ETH YOLO!)
My month to date performance is -29.11% compared to a (horrible) -7.65% for the S&P 500. I thought number go up?