If you want you can next round go just with daily trading not holding.Holding is very unprofitable in this month and only daily trading,weeky trading and some short trades are profitable.
I hate this idea. While both strategies have risk, I feel day trading comes with significantly more due to the associated fees and timing. Not to mention the extreme load of extra work required, and I feel Loyce already does more than enough as it is.
That may be something a different group would be interested in, and that's up to them. Also there are some exchangers where you can buy litecoin ,monero or other coin for 10x smaller price then in coinmarketcap if you are lucky.
BS, I don't buy that info for even a second. No one is selling any coin with liquidity for 1/10 of it's value.
I think profit booking will be great system.
That does seem like an interesting strategy. I can't speak for Loyce but it doesn't really fit with this experiment in it's current form to randomly observe the market with a time locked investment. I would be interested to see/participate in an experiment following this strategy possibly.
How to reward the exceptional coin picker?
At the end of challenge, after selling NANO divide BTC into 11 equal part , Nano picker will get 2 parts of the BTC and rest will get 1 part each (total 9 parts).
This wouldn't really work as I feel that's a significant overreward for a 20% gain, they receive a nearly 80% increase in their take. There would also be the tracking headache - what if their original coin and the coin from the booked profits fails the next month, do they still keep the reward? The problem with extra rules/rewards is it comes with a headache sized amount of work.
In any case with a random group experiment; I see it as an "all 4 one and one 4 all" situation. Meaning everyone gets an equal share of the pot at the end.
@OgNasty
Yay someone is picking up my slack.
