Last update: 18-05-2024 16:00 UTC
Top trading strategy Ankr (ANKR) 4H – Live position:
- Long in progress
- Entry price : 0.044 $
- Pnl : 1.93 %
Trade history
Over 6 months
Complete
«Top trading strategy Ankr (ANKR) 4H» vs Buy & Hold ?
For this comparison we started from an initial portfolio of $1000 allocated to the «Top trading strategy ANKR 4H». 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 ANKR
Ankr (ANKR) is a cryptocurrency that aims to revolutionize the cloud computing industry by offering a decentralized infrastructure-as-a-service (IaaS) platform. This synthesis will delve into the various aspects of Ankr, including its technology, use cases, advantages, and potential future prospects.
At its core, Ankr utilizes blockchain technology to create a peer-to-peer network where users can share their idle computing resources. This allows individuals and businesses to monetize their underutilized hardware, such as spare computing power, data storage capabilities, and network bandwidth. By connecting these resources through a distributed network, Ankr offers a more affordable, scalable, and secure alternative to traditional cloud computing services.
One of the primary use cases for Ankr is the hosting of decentralized applications (dApps). With the increasing popularity of blockchain technology, more and more dApps are being developed. However, hosting these dApps on existing cloud infrastructure can be costly and centralized, posing security risks. Ankr provides a decentralized solution where dApp developers can host their applications in a more resilient, scalable, and cost-efficient manner.
Furthermore, Ankr also caters to other industries, including artificial intelligence (AI), internet of things (IoT), and scientific research. These sectors require vast computational power and storage capabilities, which can be provided by the Ankr network, enabling more accessible and affordable access to such resources.
Ankr offers several advantages over traditional cloud platforms. Firstly, it reduces costs significantly by utilizing idle resources, enabling users to generate income from their hardware. Additionally, by leveraging blockchain technology, it ensures a high level of security and data privacy, as the decentralized nature of the network makes it more resistant to attacks and unauthorized access.
Moreover, Ankr’s technology is highly scalable, as it can seamlessly integrate new resources into the network, ensuring efficient utilization of the available infrastructure. This scalability makes it suitable for both small-scale projects and large-scale enterprise applications.
In terms of its future prospects, Ankr has the potential to disrupt the cloud computing industry by providing a more decentralized, cost-effective, and secure alternative. As the demand for cloud services continues to rise, Ankr’s decentralized infrastructure-as-a-service platform could attract a substantial user base.
Furthermore, Ankr is actively expanding its partnerships and collaborations. By integrating with established projects and platforms, such as Binance, Elrond, and Chainlink, Ankr aims to enhance its ecosystem and increase adoption. These partnerships also increase the accessibility of Ankr’s services and facilitate easier integration for developers.
In conclusion, Ankr (ANKR) is a cryptocurrency that offers a decentralized infrastructure-as-a-service platform, utilizing blockchain technology to connect idle computing resources. With its focus on dApps, AI, IoT, and scientific research, Ankr presents a compelling solution to the cloud computing industry, offering cost savings, enhanced security, and scalability. As it continues to expand its partnerships and collaborations, Ankr has the potential to disrupt the traditional cloud computing model and become a prominent player in the decentralized cloud services space.
Strategy details
«Top trading strategy ANKR 4H» 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 : [‘platform’, ‘cosmos-ecosystem’, ‘enterprise-solutions’, ‘defi’, ‘filesharing’, ‘staking’, ‘substrate’, ‘polkadot-ecosystem’, ‘pantera-capital-portfolio’, ‘polygon-ecosystem’, ‘celo-ecosystem’, ‘injective-ecosystem’, ‘bnb-chain’]
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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