Last update: 23-06-2024 08:00 UTC

Top trading strategy DigiByte (DGB) 4H – Live position:

  • Short in progress
  • Entry price : 0.00914 $
  • Pnl : 11.05 %

Trade history

Over 6 months

Trade history for the 6 last months of the top trading strategy DigiByte (DGB) 4H


Complete trade history of the top trading strategy DigiByte (DGB) 4H

«Top trading strategy DigiByte (DGB) 4H» vs Buy & Hold ?

For this comparison we started from an initial portfolio of $1000 allocated to the «Top trading strategy DGB 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

Portfolio top stratégie DigiByte (DGB) 4H

Annual comparison of cumulative returns with Buy & Holds

Annual comparison of cumulative returns with Buy & Hold of top trading strategy DigiByte (DGB) 4H

Heatmap of monthly returns

Heatmap of monthly returns of the top trading strategy DigiByte (DGB) 4H

Distribution of the monthly returns of the top strategy

Distribution of the monthly returns of the top trading strategy DigiByte (DGB) 4H

Presentation of DGB

DigiByte (DGB) is a decentralized digital currency that was launched in 2014 by Jared Tate. It is built on a blockchain technology similar to Bitcoin but with several notable improvements. DigiByte aims to provide a faster, more secure, and scalable platform for users to transact and store value.

One of the key features of DigiByte is its highly secure and robust network. The DigiByte blockchain employs five different mining algorithms, making it resistant to 51% attacks and enhancing the overall security of the network. This multi-algorithm approach also ensures a more decentralized mining process, as it prevents large mining farms from dominating the network.

In terms of transaction speed, DigiByte offers significantly faster block times compared to Bitcoin. While Bitcoin takes an average of 10 minutes to mine a block, DigiByte achieves a block time of just 15 seconds. This enables faster confirmation of transactions, making DigiByte more suitable for everyday transactions and use cases where speed is essential.

Scalability is another area where DigiByte sets itself apart. The DigiByte blockchain has a 2-megabyte block size, which is double the size of Bitcoin’s block. This allows for a greater number of transactions to be processed within each block, improving the overall scalability of the network. Additionally, DigiByte has implemented SegWit (Segregated Witness) technology, which further enhances its capacity to handle more transactions per second.

Furthermore, DigiByte aims to prioritize and support innovative technologies and applications built on top of its blockchain. It boasts various features, such as DigiAssets and Digi-ID, that facilitate the creation of decentralized applications (DApps) and provide secure digital identity verification.

The DigiByte community is also an integral part of the project’s success. DigiByte has a dedicated and enthusiastic community of users and developers that actively contribute to the project’s growth. The community is involved in various initiatives, such as promoting DigiByte adoption, improving the ecosystem, and fostering partnerships.

In conclusion, DigiByte (DGB) is a decentralized digital currency that offers a secure, fast, and scalable blockchain platform. Its multi-algorithm approach ensures network security, while its faster block times and larger block size enhance transaction speed and scalability. With innovative features and an active community, DigiByte aims to provide a reliable and robust foundation for the future of decentralized applications and digital transactions.

Strategy details

«Top trading strategy DGB 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’, ‘pow’, ‘multiple-algorithms’, ‘medium-of-exchange’, ‘collectibles-nfts’, ‘iot’, ‘payments’]

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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