Quote from: Trela on December 24, 2017, 11:48:48 PM

Quote from: BigBossUSA on December 24, 2017, 11:31:24 AM

Quote from: ZZ727 on December 24, 2017, 07:11:47 AM

Not sure if this was done already but out of curiosity I went back to calculate a buy and hold strategy using HR's OP which was:

$10k investment:
50% LTC
10% BTS
10% STEEM
10% SYS
10% NXT
5% PIVX
5% NEM

After checking the value of each coin on his post date (May 27th 2017) I then compared it to today's market price in USD. Maths seem to show that if HR bought and held with no re-balancing or change of holdings:

LTC: $59k
BTS: 14k
STEEM: 3.6k
SYS: 7.3k
NXT: 49k
PIVX: 6.5k
NEM: 2.6k

Total: 142k

His current portfolio's (with different holdings and %'s) worth 513k, so HR's made an extra 371k compared to buy and hold. Absolutely amazing. It also shows that if you have no financial knowledge of trading and just picked good alts with fundamentals you still would've made 14x your initial investment within 7 months. Sounds almost too good to be true, have I missed anything here?

1400% in 7 months is definitely amazing. No banks will give you that Grin

Hehe, honestly if he just hold Bitcoin from the time started this thread (the price of Bitcoin is 2000 dollars in that time), he still can earn profits x10 after same time. However, trade altcoin helped him earn more 400% from that amount, he is really a good trader.

Exactly. He forgot that there is also bitcoin but he gave all his attention of his altcoins. Traders should always allot a good portion of bitcoin because it's still the champ after all.