Last update: 18-05-2024 16:00 UTC
Top trading strategy Cortex (CTXC) 4H – Live position:
- Short in progress
- Entry price : 0.3391 $
- Pnl : 1.53 %
Trade history
Over 6 months
Complete
«Top trading strategy Cortex (CTXC) 4H» vs Buy & Hold ?
For this comparison we started from an initial portfolio of $1000 allocated to the «Top trading strategy CTXC 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 CTXC
Cortex (CTXC) is a cryptocurrency and blockchain platform that aims to revolutionize the field of artificial intelligence (AI). It envisions a decentralized AI ecosystem where developers and researchers can collaborate, deploy, and monetize AI algorithms on the blockchain.
One of the key features of Cortex is its integration of AI technologies with blockchain technology. By combining these two fields, Cortex enables the development and deployment of AI models on the blockchain, thereby decreasing the need for centralized cloud computing services. This decentralized approach provides various benefits, including improved security, transparency, and cost-effectiveness.
The Cortex platform offers developers a marketplace where they can contribute and sell their AI models or algorithms. This marketplace allows developers to monetize their AI expertise and offers an opportunity for AI researchers and experts to access a diverse range of algorithms for their projects. This collaborative environment fosters innovation and accelerates the development of AI applications.
To ensure the quality and reliability of AI algorithms available on the Cortex platform, the project implements a unique consensus mechanism called AI-Proof of Work (AI-PoW). This mechanism combines the traditional Proof of Work (PoW) with the validation of AI algorithms. AI-PoW not only secures the blockchain but also verifies the accuracy and effectiveness of AI models. This enhances the trustworthiness of the AI ecosystem and prevents the deployment of faulty or malicious algorithms.
Moreover, Cortex focuses on empowering individual users by enabling them to earn CTXC tokens by contributing their computation power for AI model training. By participating in the Cortex network, users can contribute to the growth of AI research while also being rewarded for their computational contributions. This incentivization mechanism creates a vibrant and inclusive environment for the development of AI technologies.
In summary, Cortex (CTXC) is a blockchain platform that aims to revolutionize the field of artificial intelligence through its integration of AI technologies with blockchain. It provides a decentralized ecosystem where developers can collaborate, deploy, and monetize AI algorithms. With its unique consensus mechanism, marketplace, and incentivization model, Cortex creates a promising environment for the advancement of AI research and the development of innovative AI applications.
Strategy details
«Top trading strategy CTXC 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 : [‘mineable’, ‘platform’, ‘iot’, ‘smart-contracts’, ‘kenetic-capital-portfolio’]
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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