Last update: 01-03-2024 00:00 UTC

Top trading strategy TRON (TRX) 4H – Live position:

  • No position

Trade history

Over 6 months

Trade history for the 6 last months of the top trading strategy TRON (TRX) 4H

Complete

Complete trade history of the top trading strategy TRON (TRX) 4H

«Top trading strategy TRON (TRX) 4H» vs Buy & Hold ?

For this comparison we started from an initial portfolio of $1000 allocated to the «Top trading strategy TRX 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 TRON (TRX) 4H

Annual comparison of cumulative returns with Buy & Holds

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

Heatmap of monthly returns

Heatmap of monthly returns of the top trading strategy TRON (TRX) 4H

Distribution of the monthly returns of the top strategy

Distribution of the monthly returns of the top trading strategy TRON (TRX) 4H

Presentation of TRX

TRON (TRX) is a decentralized blockchain-based platform designed to offer a scalable and efficient environment for the creation and execution of decentralized applications (DApps). Launched in 2017 by Justin Sun, TRON aims to decentralize the internet by enabling content creators to bypass intermediaries and effectively control their data and digital content.

At its core, TRON utilizes blockchain technology to ensure transparency, immutability, and security within its ecosystem. The platform operates on a proof-of-stake (PoS) consensus mechanism, where token holders can stake their TRX coins to participate in block validation and earn additional tokens as rewards. This design promotes community participation and incentivizes users to contribute to the stability and security of the network.

One of TRON’s key features is its ability to facilitate fast and low-cost transactions. By utilizing a high throughput consensus mechanism and adopting a DPoS (Delegated Proof-of-Stake) approach, TRON can handle a significantly larger number of transactions per second compared to other cryptocurrencies like Bitcoin or Ethereum. This scalability is vital for accommodating the potential growth of decentralized applications and ensuring a seamless user experience.

TRON’s vision extends beyond just being a blockchain platform. Its ultimate goal is to create a decentralized web, commonly known as Web 3.0, where centralized entities lose influence and control over the internet. TRON aims to empower content creators, making it easier for them to monetize and distribute their digital content directly to users without intermediaries such as music streaming platforms or social media networks. By leveraging blockchain technology, TRON seeks to democratize the internet and provide individuals with sovereignty over their data and content.

In pursuit of this vision, TRON has made strategic acquisitions and partnerships to expand its ecosystem. The acquisition of BitTorrent, a popular peer-to-peer file-sharing platform, has not only added millions of users to TRON’s network but also strengthened its mission as BitTorrent has been a pillar of peer-to-peer technology. Furthermore, collaborations with major companies and institutions, including Samsung, Poloniex, and the University of California, have positioned TRON as a prominent player in the blockchain industry.

TRON has witnessed significant growth and adoption since its launch. Its native token, TRX, has gained traction among users and investors alike. TRX serves as the primary medium of exchange and transaction within the TRON ecosystem. It is used to pay for services, fees, and as a reward for participants in the network. The increasing adoption of TRX reflects the growing recognition and trust in TRON’s platform and its potential to disrupt traditional industries.

In conclusion, TRON (TRX) is a decentralized blockchain platform dedicated to creating a decentralized web and empowering content creators. Through its scalable and efficient infrastructure, TRON aims to enable the development and execution of decentralized applications, while also providing individuals with control over their data and content. With strategic partnerships, acquisitions, and a rapidly growing user base, TRON continues to make significant strides towards its vision of a decentralized internet.

Strategy details

«Top trading strategy TRX 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 : [‘media’, ‘payments’, ‘tron-ecosystem’]

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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