Last update: 29-04-2024 20:00 UTC
Top trading strategy Axie Infinity (AXS) 4H – Live position:
- Long in progress
- Entry price : 7.38 $
- Pnl : -4.77 %
Trade history
Over 6 months
Complete
«Top trading strategy Axie Infinity (AXS) 4H» vs Buy & Hold ?
For this comparison we started from an initial portfolio of $1000 allocated to the «Top trading strategy AXS 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 AXS
Axie Infinity (AXS) is a revolutionary crypto that has gained significant popularity and traction within the blockchain gaming industry. It combines elements of decentralized finance (DeFi) and non-fungible tokens (NFTs) to create a unique and immersive gaming experience.
At its core, Axie Infinity is a play-to-earn game where players can participate in battles, adventures, and the breeding of digital creatures called Axies. These Axies are NFTs, meaning they are unique, scarce, and ownership can be verified on the blockchain. This feature gives players true ownership of their in-game assets, allowing them to trade, sell, or purchase Axies as they please.
The integration of DeFi in Axie Infinity allows players to earn cryptocurrency (AXS) by participating in gameplay. Players can stake their Axies, borrow in-game items, or lend them out to earn passive income. This play-to-earn model has become particularly popular in regions with limited job opportunities, as it provides an income stream for players who invest time and effort into the game.
The community and ecosystem surrounding Axie Infinity have also played a significant role in its success. The game has fostered a vibrant and collaborative player base, with dedicated Discord servers, forums, and social media platforms where players can connect, strategize, and trade Axies. This strong sense of community has created a network effect, attracting more players and increasing the value of AXS through increased demand.
In addition to its gameplay and community, Axie Infinity has caught the attention of investors and institutions in the cryptocurrency space. The success of Axie Infinity has led to a surge in the demand for AXS tokens, driving up its value. Investors see the potential for continued growth as blockchain gaming gains mainstream adoption and the play-to-earn model becomes more recognized.
However, it’s important to note that Axie Infinity, like any investment, carries risks. The value of AXS can be volatile, influenced by factors such as market sentiment, regulatory changes, or technological developments. Additionally, as with any blockchain project, there is the risk of security vulnerabilities or scalability issues.
In conclusion, Axie Infinity has emerged as a groundbreaking crypto, blending the elements of DeFi and NFTs to create a play-to-earn gaming experience. Its unique combination of gameplay, true asset ownership, and the ability to earn cryptocurrency has captured the attention of gamers, investors, and institutions alike. As the blockchain gaming industry continues to evolve and gain mainstream acceptance, Axie Infinity is well-positioned to lead the way in this innovative space.
Strategy details
«Top trading strategy AXS 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 : [‘collectibles-nfts’, ‘gaming’, ‘binance-launchpad’, ‘metaverse’, ‘defiance-capital-portfolio’, ‘play-to-earn’, ‘animoca-brands-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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