How do you utilize all the accounts? Do you have a program to do all that? I do not think I would be able to divulge my account every time because of the 2FA, security questions, etc. I would be more comfortable to limit your access to API or WS for your trading.
And who the heck wants to share 35%? I think that's over the top for sure. So you have always won every month? Do you charge the fixed fee when you are negative?
I think those are the things that they might factor in considering everything that you have been through with them.
Topic: Portfolio Management services - page 2. (Read 357 times)
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.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.
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 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.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.
How long you're into this type of service?
Yes it is like a fund manager only. And I have been a full-time trader for 3 years.
Not sure if I can a link here. The returns are good and the minimum portfolio size that I consider is $10k. But fund managers take 2% of the fund size + 15% of profits.
So that way, it is way high! And I am thinking of further increasing it only because it is an exceptional return that I am giving
Being a full time trader and have experience for many years it does not a matter for your portfolio management service. There are winners and losers on the market and some people are losers on the market after many years they are in and trade on market.Not sure if I can a link here. The returns are good and the minimum portfolio size that I consider is $10k. But fund managers take 2% of the fund size + 15% of profits.
So that way, it is way high! And I am thinking of further increasing it only because it is an exceptional return that I am giving
Your past portfolio management records definitely can not be publicly given to everyone that I understand. If you are due seriously to run a service, you need to provide basic records from your past works.
The minimum portfolio size for each user is $10,000 that is not small, more than 0.5 Bitcoin. How about the security of the fund you will manage? I am not saying how cheap or expensive your cost is but let's start by security for original fund.
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.
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.
Any increase wont really be happy with any increase on it and also you havent shown any proofs that you've been earning with those amounts that you are claiming.
You do say that you had already some clients then why would look for another 1? Basing off with those numbers or percentage profits then i can say that you're pretty doing well.
Aside on that 500 bucks fees + 150 + 25% then thats a hell of a much of a deduction.
Lastly, you wont really be getting people on here with just those verbal claims because no one will throw out some satoshi into things which are obviously
trying to scam out.
Yes it is like a fund manager only. And I have been a full-time trader for 3 years.
Not sure if I can a link here. The returns are good and the minimum portfolio size that I consider is $10k. But fund managers take 2% of the fund size + 15% of profits.
So that way, it is way high! And I am thinking of further increasing it only because it is an exceptional return that I am giving
Not sure if I can a link here. The returns are good and the minimum portfolio size that I consider is $10k. But fund managers take 2% of the fund size + 15% of profits.
So that way, it is way high! And I am thinking of further increasing it only because it is an exceptional return that I am giving
yes of course you can share a link, please do so
500 USD flat fee is the main problem for a brand new "fund manager", if you are really good, you should try a 0 - x model, where you only get paid on performance share,
also even then it would be very unwise for anyone to relinquish control of their funds to someone with no audited track record, and just an anonymous nickname...
Yes it is like a fund manager only. And I have been a full-time trader for 3 years.
Over the past 8 months, I have been managing 9 accounts for $150,000+
Correct. With 5 years of trading and $250,000+ under client management, one thing I have always focused on,
I would stay away from a guy who isn't capable of remembering two hours later how much money he is managing and for how long he has been into business.
Your offer seems too good to be true that's why I'm asking you proof of your previous work.
Why? Because he is currently making hundreds of thousands of dollars a year and being such a successful manager he looks for some measly 10k investment?
Common, don't be so suspicious, just because 99.99% of the so-called advisors waiting to scam newbies are fraudsters is doesn't mean that ....
Yeah, tons of sarcasm here!
Any website or proof of your previous client?
So basically this service is just like fund manager that you are the one who will decide the client portfolio distribution. Are you the do the trading or you will just give the list of token and percentage. Your fee is a bit high but if you can show proof a good trading success rate then it will be fair.
So basically this service is just like fund manager that you are the one who will decide the client portfolio distribution. Are you the do the trading or you will just give the list of token and percentage. Your fee is a bit high but if you can show proof a good trading success rate then it will be fair.
Yes it is like a fund manager only. And I have been a full-time trader for 3 years.
Not sure if I can a link here. The returns are good and the minimum portfolio size that I consider is $10k. But fund managers take 2% of the fund size + 15% of profits.
So that way, it is way high! And I am thinking of further increasing it only because it is an exceptional return that I am giving
The main concern is your credibility. You are still new here no matter how expert you are outside forum. You should make a way on you put show your portfolio by adding picture of your previous client transaction and proof of your work. A newbie here without proof of work is untrustworthy and you will experience hard time on getting your client here. Your offer seems too good to be true that's why I'm asking you proof of your previous work.
Any website or proof of your previous client?
So basically this service is just like fund manager that you are the one who will decide the client portfolio distribution. Are you the do the trading or you will just give the list of token and percentage. Your fee is a bit high but if you can show proof a good trading success rate then it will be fair.
So basically this service is just like fund manager that you are the one who will decide the client portfolio distribution. Are you the do the trading or you will just give the list of token and percentage. Your fee is a bit high but if you can show proof a good trading success rate then it will be fair.
Yes it is like a fund manager only. And I have been a full-time trader for 3 years.
Not sure if I can a link here. The returns are good and the minimum portfolio size that I consider is $10k. But fund managers take 2% of the fund size + 15% of profits.
So that way, it is way high! And I am thinking of further increasing it only because it is an exceptional return that I am giving
Any website or proof of your previous client?
So basically this service is just like fund manager that you are the one who will decide the client portfolio distribution. Are you the do the trading or you will just give the list of token and percentage. Your fee is a bit high but if you can show proof a good trading success rate then it will be fair.
So basically this service is just like fund manager that you are the one who will decide the client portfolio distribution. Are you the do the trading or you will just give the list of token and percentage. Your fee is a bit high but if you can show proof a good trading success rate then it will be fair.
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.
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.
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