Last update: 19-02-2024 00:00 UTC
Top trading strategy VeThor Token (VTHO) daily – Live position:
- Long in progress
- Entry price : 0.00259 $
- Pnl : 117.07 %
Over 6 months
«Top trading strategy VeThor Token (VTHO) daily» vs Buy & Hold ?
For this comparison we started from an initial portfolio of $1000 allocated to the «Top trading strategy VTHO daily». was split evenly between the ten cryptocurrencies. It is compared to a Buy & Hold strategy consisting simply of buying and holding its asset.
Historical comparison of cumulative returns with Buy & Hold
Annual comparison of cumulative returns with Buy & Holds
Heatmap of monthly returns
Distribution of the monthly returns of the top strategy
Presentation of VTHO
VeThor Token (VTHO) is a digital cryptocurrency that is a critical component of the VeChainThor blockchain platform. VeThor Token serves as the energy or gas required to perform transactions and execute smart contracts on the VeChainThor blockchain. It is designed to ensure the smooth operation of the platform and facilitate seamless transactions.
One key aspect of VeThor Token is its role in powering the Internet of Things (IoT) ecosystem. VeChainThor aims to revolutionize supply chain management and enable superior traceability and transparency across various industries. By leveraging the VTHO token, VeChain enables businesses to track and authenticate products throughout their entire lifecycle, providing consumers with more confidence in the origin and quality of the products they purchase.
Another notable feature of VeThor Token is its unique approach to blockchain sustainability. Unlike many other blockchain platforms, VeChainThor implements a dual-token system, separating the value store token VET (VeChain Token) from the operational token VTHO. This approach helps to stabilize the cost of transactions, as the price of VTHO is not subject to the volatility that typically affects cryptocurrencies.
Additionally, VeThor Token serves as a reward for VeChain token holders. By holding VET in wallets and exchanges, users automatically receive VTHO tokens as a form of passive income. This incentivizes users to hold and stake VET tokens, promoting the ecosystem’s stability and growth.
The VeThor Token ecosystem has gained significant adoption and partnerships across industries such as luxury goods, pharmaceuticals, and logistics. Major companies like BMW, PwC, and DNV have collaborated with VeChain to leverage its blockchain technology and benefit from the transparency and efficiency it brings.
In summary, VeThor Token (VTHO) is an integral part of the VeChainThor blockchain platform, powering transactions and smart contracts. It facilitates the Internet of Things ecosystem and tackles sustainability challenges through its dual-token system. With its growing adoption and partnerships, VeThor Token holds great potential to revolutionize industries and enhance supply chain management.
«Top trading strategy VTHO daily» is the result of meticulous selection work. Above all, we backtested long and short around 20 strategies. Then, we selected for you the best of them on the basis of their success rate and their risk gain ratio. In order to refine the money management of the trading strategy, we take into account the relative cumulative return between the three strategies for each position taken. We are currently working on incorporating Kelly’s formula into position sizing.
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Disclaimer: This article is intended for informational purposes only and does not constitute financial advice. Investors are advised to conduct their own research and consult financial professionals before making investment decisions.
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