Monday, May 16

Defying the bear market, this automated strategy is up 15% so far in 2022 By Cointelegraph


©Reuters. Defying the bear market, this automated strategy is up 15% so far in 2022

Let’s be frank: being in a bear market sucks deeply as a cryptocurrency trader. Most of the strategies that work when everything is green lead to losses. Increasing the value of a portfolio requires twice the work for half the progress. The uncertainty of how long the market will remain inactive is exhausting. During these times, making use of all available tools that can improve traders’ decision making is key to success.

One such tool is the Score VORTECS™, an algorithmic indicator available to Cointelegraph Markets Pro subscribers that is designed to use historical data on the performance of crypto assets to determine whether their current conditions are bullish, bearish, or neutral.

The Score can be used creatively in an infinite number of ways, but a hypothetical strategy based on detecting the strongest historical analogies massively outperformed both (), which has lost 25% of its value during the first month of 2022, as well as the aggregate altcoin market, whose losses are comparable. This strategy, called “Buy 90/Sell 70”, returned a 15% profit between January 1 and January 27.

Read the full article on Cointelegraph

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