For the last years, I've been organizing this little contest. 2022 was the annus horribilis. Will 2023 be the annus mirabilis? I don't know, I hope we don't go any lower.
The idea is to make a small fictitious portfolio on January 1st 2023 and to see on December 31 2023 who has performed the best.
Suppose that you have 1000$ and you want to make a small portfolio with 4 altcoins. Which ones do you choose and in what proportion ?
Restrictions :
You can not take BTC (or wrapped BTC etc...).
You are not allowed to put more than 50% of your portfolio in one altcoin.
You must put at least 5% of your portfolio in each altcoin.
You can only take one stable coin (or none).
Take at least one altcoin beyond the 100th position on Coingecko.
Warning : before choosing an alt, check that on Coingecko, there is a tab Historical data (ex : Bitcoin). If on 01/01/2023, there is no price for your token, it is like playing with 3 Alts.
Explanation :
As the reference "buy" price, I will take the opening price reported by Coingecko in the historical data of 01/01/2023.
And the closing price of 31/12/2023 will be used as reference "sale" price.
The one who will see his or her fictitious portfolio progress the most in terms of value will be declared the big winner.
Whoever bets on the best performing altcoin at the end of 2023 will receive a 100$ bonus on the value of his final portfolio.
Whoever bets on the lowest performing altcoin at the end of 2023 will receive a 100$ penalty on the value of his final portfolio.
Who can participate ?
Anyone as long as you have reached the Member rank
You must have received 5 merits between the last 120 days and just before this post.
You must not have any legitimate negative feedback from a DT member (I will decide whether or not a feedback is legitimate).
No multi-accounts, thank you.
Registration end date: 30/12/2022 11:59pm (Paris time).
And what we can win ?
There will be 3 winners :
Edit 14/11/2023
2nd : 0.0015 BTC + 0.0135 BTC * = 0.0150 BTC
3rd : 0.0005 BTC + 0.007 BTC * = 0.0075 BTC
1st : 0.0030 BTC + 0.0025 BTC * = 0.0055 BTC
2nd : 0.0015 BTC + 0.0010 BTC * = 0.0025 BTC
3rd : 0.0005 BTC + 0.0005 BTC * = 0.0010 BTC
/edit
(* : This part of the reward is generously donated by Ratimov).
+
I also wish to contribute to this contest by adding a side prize: I will send to the winner the sum in usdt equivalent on December 31, 2023 to: 100 $Cspr + 10 $Azero + 100$Cheqd + 50000 $Gigagswap: this represents today only a little less than 20 dollars but who knows what it will be worth in a year?
Please note that if by luck (or misfortune, it depends ), I'am on the podium, the rewards will not be shifted and the 4th will receive nothing.
Once the contest is over and the ranking is clear (I'll give you a few days to check if everything is OK, I can make mistakes), winners will be contacted by PM to ask for their BTC addresses and I'll send them their rewards. If there is no answer from a winner within 7 days, I will contact the 4th, then the 5th, etc... Rewards will be sent at the same time. Of course, your account should not be banned at the end of the contest. The contest lasts one year, be aware of this.
Please register in this form (replace the information between '<...>') (and make sure that the total is 100%) :
Code:
[table]
[tr][td]<Alt 1>[/td][td]<proportion %>[/td][td]<link on Coingecko>[/td][td]<rank on Coingecko>[/td][/tr]
[tr][td]<Alt 2>[/td][td]<proportion %>[/td][td]<link on Coingecko>[/td][td]<rank on Coingecko>[/td][/tr]
[tr][td]<Alt 3>[/td][td]<proportion %>[/td][td]<link on Coingecko>[/td][td]<rank on Coingecko>[/td][/tr]
[tr][td]<Alt 4>[/td][td]<proportion %>[/td][td]<link on Coingecko>[/td][td]<rank on Coingecko>[/td][/tr]
[/table]
Good luck to all.
Edit1 : Like last year LoyceV allows you to follow the contest day by day, it will be here: https://loyce.club/other/halab_2023/
Edit 2 : Graphs provided by n0nce