According to TechFlow, the investment portfolio of venture capital firm Andreessen Horowitz (a16z) contains about 50 cryptocurrencies. If, as a retail investor, you do copy trading, that is, invest in the same coin as a16z and sell it after about 5 months, can you make a profit in 2024? Invest $100 in each of the top 25 coins by market value in the a16z portfolio (a total of $2,500), and the investment period is from January 1, 2024 to June 6, 2024 (157 days). Analysis shows that 11 of the top 25 cryptocurrencies show net growth. If the losses caused by the decline in the prices of other coins are subtracted, the total sales price is $3,158.82. Therefore, the total profit ($3,158.82 - $2,500) is $658.82, and the return on investment (ROI) is 26.35%.

However, someone who invested in just Bitcoin or Ethereum during the same period would have made much greater profits. Unconditionally copying Andreessen Horowitz's portfolio is not the most ideal option. In cryptocurrency investing, time is of the essence. Just as Andreessen Horowitz does not hold their coins forever, you should always pay attention to trends when copying trades and seize selling opportunities to keep only the most promising coins in your portfolio.