Why drawdown, not return, decides outcomes
Most followers do not lose money because a strategy had no edge; they lose it by abandoning the strategy at the bottom of a drawdown they had not planned for.
A diversified basket typically reduces single-leader drawdown pass-through, and does not prevent a correlated portfolio drawdown.
Past performance is not indicative of future results. Perpetual futures are leveraged instruments and carry a substantial risk of loss, including the loss of your entire position.