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

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

No one hates a bear market more than a crypto bull. How to make profit when nothing seems to move up? Markets Pro might have the solution.

Let’s be blunt: Being in a bear market sucks profoundly as a crypto trader. Most strategies that work when everything is green lead to losses. Growing the value of a portfolio takes twice as much work for half as much progress. The uncertainty over how long the market will remain down is exhausting. During these times, making use of every available tool that can enhance traders’ decision-making is key to success.

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

The way the indicator works is as follows: The higher the VORTECS™ Score, the more confident the model is that the observed conditions are bullish for a coin, based on historical precedent. Conventionally, a score of 80 is interpreted as high confidence in the outlook’s bullishness. Such scores are observed frequently, with around 50 instances in an average week.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

gives you trustless yield. You also get a copy after the PulseChain fork of ETH

Firemoon Offcial is a collection of unique NFTs on Opensea of our Firemoon world game. ⚡️Join our Discord, Twitter and Telegram and get a chance to become a Giveaway winner!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in CA

Canada Canada Latest News, Canada Canada Headlines