Last update: 07-12-2023 00:00 UTC
Top trading strategy Waltonchain (WTC) daily – Live position:
- Short in progress
- Entry price : 0.0758 $
- Pnl : 86.41 %
Over 6 months
«Top trading strategy Waltonchain (WTC) daily» vs Buy & Hold ?
For this comparison we started from an initial portfolio of $1000 allocated to the «Top trading strategy WTC 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 WTC
Waltonchain (WTC) is a cryptocurrency and blockchain project that aims to combine the Internet of Things (IoT) and blockchain technology in order to revolutionize supply chain management. It envisions a decentralized ecosystem where physical assets and digital data can be seamlessly integrated through the use of RFID (Radio-Frequency Identification) technology.
One of the key advantages of Waltonchain is its ability to provide greater transparency and traceability. By assigning unique RFID tags to individual items, the entire lifecycle of a product can be recorded on the blockchain, including information such as origin, quality, and location. This data can be accessed and verified by all stakeholders involved, from manufacturers to consumers, thus ensuring authenticity and reducing counterfeiting.
In addition to supply chain management, Waltonchain also offers smart contract functionality. This means that parties can automate and execute agreements based on predetermined conditions, eliminating the need for intermediaries. This can significantly streamline business operations and reduce costs, as well as introduce new possibilities for automated transactions in various industries, such as retail, logistics, and manufacturing.
Furthermore, Waltonchain’s innovative parent-child chain architecture provides scalability and flexibility. The main chain serves as the root of the network, anchoring the security and consensus mechanisms, while multiple side chains, known as child chains, are created for specific applications. This architecture allows for increased efficiency and customization, as different industries can have their own child chains tailored to their specific needs.
The WTC token is the native cryptocurrency of Waltonchain’s ecosystem. It has several utility functions, such as paying for transaction fees, accessing data on the blockchain, and participating in the consensus mechanism. The token is also used as a reward for participants who contribute to the network’s stability and security through staking (holding tokens to support network operations).
Overall, Waltonchain aims to revolutionize supply chain management by leveraging the power of blockchain and IoT technologies. Its combination of RFID tags, smart contracts, and scalable architecture provide a promising solution for enhancing transparency, traceability, and automation in various industries. As blockchain adoption continues to grow, Waltonchain has the potential to be a significant player in transforming the way businesses manage their supply chains.
«Top trading strategy WTC 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.
Tags : [‘logistics’, ‘iot’]
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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