Quote from: cryptoadviser on Today at 01:21:16 PM

Quote from: batang_bitcoin on Today at 11:51:34 AM

Quote from: cryptoadviser on November 30, 2020, 03:52:39 PM

I have a portfolio management service as a trader where I charge $500 a fixed fee and then 25% of profits every month with $150 as fixed monthly fee.

Over the past 8 months, I have been managing 9 accounts for $150,000+ and have generated a cumulative return of 428% on the portfolio with 25% as my share of the profits. Not willing to expand my customer pool a lot (maybe 1 more) but do you suggest I increase the profit-sharing percentage to 35%?

The clients are happy but they won't be happy with 35% I believe.

They won't be for sure. In this bull run, they'll complain that you're charging it because its seasonal. But honestly, I've never thought that there are people that really are hiring someone to manage their crypto portfolio. And with this, I can see that you are making a good profit out of it.
How long you're into this type of service?

For stocks, full time since almost 3/4 years For crypto, 2.5 years. I traded 6 months in 2017. Took a break in 2018 and then started again.
I either take their accounts with withdrawal locked so that they have full trust that I can not withdraw their cryptos.
We settle every month.

But when BTC was $3700 or so, I started focusing less on trading and more on investment. Some of those clients did not share the profits (since this was long term and by the time the markets boomed to $9k which was another resistance point, they had 3x return).
So I mostly help with trading only now. Say from a 1 week to 3 month's perspective. Not more.

I will share the proofs in a couple of days. Everyone who is saying that without proof, it isn't justified is very right! In fact, you should see my other threads as well.
I respect people who have opinions and ask questions, debate, accept when they are wrong and also prove others wrong!

Anything without proper reasoning doesn't make sense, and so is this thread of mine. Thanks for pointing it out.

I'm actually interested how this works for you and for your clients. I'm not looking for proofs, just an explanation on how you are working on this. And I find it interesting that you've been in a hiatus and did the correct thing on 2018. Whilst for your clients, you're aware of how risky it is but with experience, you know what you're doing. Anyway, since you have mentioned about the proofs, I'll look into it and will wait for that data. That's interesting to see.