December 10x Profit Challenge

Inevitably, bagholding a particular alt(sh)itcoin means you get more involved in the general community surrounding that coin and as a consequence of that, you forge micro relationships with maybe one or two others in said communities.

I am a long term holder of Monaco (I wont go into the reasons or shill anything here) and through the mona.co slack channel I met user :@Stronzi a russian gentelman.

We are both, what is fair to say, novice traders. We came up with an idea to challenge one another in a trading contest during the month of December to see either who could 10x their money first or who would end up with the highest % profit at the end of the month.

Ill be updating this blog regularly throughout the month of December with our trading results. I will post by buys/sells and reasons for making said trades. Some will be thought out, some will be outright gambles; the whole point of the exercise is to find out how easy or difficult it actually is to make money in crypto.

We have both set aside a small amount of money to trade with. The dollar amount is irrelevant although I will be posting my dollar profit and loss throughout. The objective is to 10x the BTC value.

Subscribe for regular updates if you are interested.