Last update: 25-10-2024 12:00 UTC
Top trading strategy SelfKey (KEY) 4H – Live position:
- Short in progress
- Entry price : 0.003761 $
- Pnl : 2.15 %
Trade history
Over 6 months
Complete
«Top trading strategy SelfKey (KEY) 4H» vs Buy & Hold ?
For this comparison we started from an initial portfolio of $1000 allocated to the «Top trading strategy KEY 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 KEY
SelfKey (KEY) is a cryptocurrency that aims to empower individuals by providing them with a decentralized identity management system. It leverages blockchain technology to offer a secure and efficient way for individuals to control their personal data and manage their digital identities.
One of the key features of SelfKey is its digital wallet, which allows users to securely store and manage their digital assets, including cryptocurrencies, passports, identity documents, and bank accounts. With SelfKey, individuals no longer need to rely on centralized entities to store and verify their personal information, as they have complete control over their own data.
Furthermore, SelfKey provides a marketplace where individuals can easily access a range of services such as opening bank accounts, incorporating companies, and obtaining citizenship or residency in different jurisdictions. These services are facilitated through the use of smart contracts, which ensure the transparency and reliability of the transactions.
SelfKey distinguishes itself from other identity management solutions by prioritizing privacy and security. It utilizes cryptographic techniques to ensure that users’ personal information remains confidential and cannot be accessed or manipulated by unauthorized parties. Additionally, SelfKey implements a decentralized infrastructure, distributing data across various nodes to reduce the risk of a single point of failure and enhance the system’s resilience.
The underlying technology of SelfKey is built on the Ethereum blockchain, which provides a robust and scalable platform for the development of decentralized applications. This enables SelfKey to offer a seamless and user-friendly experience, allowing individuals to easily interact with the platform and manage their digital identities.
The utility of the SelfKey token (KEY) plays a crucial role in the ecosystem. It is used to pay for services within the SelfKey marketplace, such as identity verification, document certification, and legal services. Additionally, KEY tokens can be staked to participate in the governance of the platform, allowing token holders to have a say in the decision-making process.
In conclusion, SelfKey (KEY) is a cryptocurrency that revolutionizes the way individuals manage their digital identities. By combining the security and transparency of blockchain technology with a decentralized identity management system, SelfKey empowers individuals to take control of their personal data. With its digital wallet, marketplace, and strong emphasis on privacy and security, SelfKey offers a comprehensive solution for individuals seeking to manage their digital identities in a secure and efficient manner.
Strategy details
«Top trading strategy KEY 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’, ‘enterprise-solutions’, ‘identity’]
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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