Building a Portfolio to Beat Bitcoin

I've got a few hundred USDT just chilling in my wallet, and honestly, it feels like the right moment to jump in and buy the dip. I'm starting a public portfolio using a 'Seeking Alpha' approach. The idea is pretty straightforward: I’ll focus on assets that break into the top 50, top 30, and top 10. That shows they have some solid momentum. I'll divide my cash into three parts, aiming to double or triple my money as these tokens rise in rank. If any asset falls out of its tier, I’m selling it off. I’ve also got a cool hedge in place: for every asset I buy, I’ll short ETH on Bybit futures. I’ll be making my spot buys on Cryptomus and Poloniex. I’m kicking things off with the current top 50 list, and I’m using Bitcoin as my performance benchmark.

I'm not sure the top 10 change that often, I doubt the top 30 does but I could be wrong.. If I were doing something like this, I'd seriously consider replacing the top ten with just the highest growing asset in the top ten instead (since they mostly correlate to each other - or hold Bitcoin/Ethereum/Chainlink). Have you got a list of the top 10, 30 and 50 you're using also, how are you updating your strategy here or are you just leaving it to run while thinking out loud? I recommend you check what the funding fee on that Eth short might be too. It may be cheaper to learn how to short it on a site like aave (supply Eth, borrow USD coins) than using an exchange if you're going to follow this strategy for a while (some futures trading has an APY of 40+%).

I bought Ethena (ENA) and hedged it with the same dollar equivalent amount at the time of purchase. You’re also right that the Top 10 doesn't change very often. It might be worth looking at a selection from the Top 100 instead