Simple strategies re-visited

Having the results of the crypto index provides an opportunity to look at the two simple strategies during periods with different growth rates. The coins involve are BTC, ETH, and LTC. The strategies are B&H (buy and hold) and Re-Balance (sell some of the best performer daily and use the proceeds to buy some of the worst performer). The periods involved represented slow growth, rapid growth, rapid decline, and level. Following are the results.

Period	Ret/Day  B&H	Ret/Day       Re-Balance	Days	Lo Date	Hi Date
Slow Growth	$23.38	$26.22	225	04/01/17	11/12/17
Rapid Growth	$71.91	$68.36	33	11/13/17	12/16/17
Rapid Decline	-$5.82	-$6.39	56	12/17/17	02/11/18
Level	-$7.57	-$8.37	46	02/12/18	03/30/18

The results continue to be mixed. The Re-Balance was the best during the longest period, slow growth. B&H was better during the other periods. Note: the level period was slightly lower at the end than the beginning, hence the losses.

The next direction for this effort will be to attempt to find buy or sell indicators for individual coins. The first indicator will be using Bollinger Bands. There is a very good discussion forum at www.sportsbookreview.com called “Bitcoin Sports Betting”. If you have some comments, discussion, questions, criticism, suggestions, and general feedback consider placing them there.

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