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    Author Topic: bitcoin improvement  (Read 17345 times)
    kimreds (OP)
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    October 25, 2018, 12:13:16 PM
     #1

    The momentum effect is that if the bitcoin price rises continuously over a week, it may keep growing for the next week. This is a common feature of almost all known asset classes, and we have found that the momentum effect strongly affects the cryptocurrency. We have designed a simple investment strategy in which investors buy Bitcoin only when their price increases by more than 20% from the previous week. This strategy has excellent returns and a very high Sharpe ratio. Wink
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