Last update: 25-10-2024 12:00 UTC
Top trading strategy Qtum (QTUM) 4H – Live position:
- Short in progress
- Entry price : 2.401 $
- Pnl : 0.29 %
Trade history
Over 6 months
Complete
«Top trading strategy Qtum (QTUM) 4H» vs Buy & Hold ?
For this comparison we started from an initial portfolio of $1000 allocated to the «Top trading strategy QTUM 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 QTUM
Qtum (QTUM) is a decentralized blockchain platform that combines the best features of Bitcoin and Ethereum. Launched in 2017, it aims to bridge the gap between traditional businesses and blockchain technology by providing an easy-to-use platform for developing and deploying decentralized applications (dApps).
One of the key features of Qtum is its utilization of the Ethereum Virtual Machine (EVM) alongside a modified version of Bitcoin’s Unspent Transaction Output (UTXO) model. This hybrid blockchain model facilitates compatibility with existing Ethereum smart contracts while incorporating the security and stability of Bitcoin’s UTXO model.
Qtum also strives to address the scalability limitations faced by many other blockchain platforms. Its proof-of-stake (PoS) consensus algorithm, known as the Qtum PoSv3, ensures efficient transaction processing and reduces the risk of centralization. This consensus mechanism allows Qtum holders to stake their coins and participate in block validation, earning rewards in return.
The Qtum network has its native cryptocurrency, also called QTUM, which serves as a means of transaction and participation in the platform’s governance. QTUM can be used to pay for transaction fees, execute smart contracts, and participate in the network’s voting and decision-making processes.
The project’s team comprises experienced professionals with expertise in blockchain technology, business development, and academia. They consistently work towards improving Qtum’s codebase, scalability, and compatibility, thereby enhancing the platform’s usability for businesses and developers.
Qtum has garnered attention from both the blockchain and traditional industries due to its focus on decentralized application development. By providing an environment that is familiar to developers accustomed to Ethereum, Qtum offers an avenue for businesses to utilize blockchain technology without a steep learning curve.
In conclusion, Qtum (QTUM) is a decentralized blockchain platform that combines the best features of Bitcoin and Ethereum. With its hybrid blockchain model, scalability solutions, and emphasis on decentralized application development, Qtum aims to bridge the gap between traditional businesses and blockchain technology, facilitating the wider adoption of decentralized applications across various industries.
Strategy details
«Top trading strategy QTUM 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’, ‘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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