Table 3.
The results of the strategy from the first experiment for portfolio and examined cryptocurrencies. Green indicates positive returns, and red indicates negative returns.
| INDEX | BOTH | LONG | SHORT | HOLD | |
|---|---|---|---|---|---|
| 1. | BTC/USD | −100.00% | 42.59% | −100.00% | 243.79% |
| 2. | XRP/USD | −100.00% | 1372.33% | −100.00% | −57.24% |
| 3. | ETH/USD | −100.00% | −1.26% | −100.00% | 408.03% |
| 4. | BCH/USD | −100.00% | 203.21% | −100.00% | −81.20% |
| 5. | ADA/USD | −100.00% | 21.23% | −100.00% | 91.31% |
| 6. | LTC/USD | −100.00% | −48.66% | −100.00% | −33.48% |
| 7. | XMR/USD | −100.00% | 170.22% | −100.00% | −25.24% |
| 8. | ICX/USD | −100.00% | −94.17% | −100.00% | −76.64% |
| 9. | BNB/USD | −100.00% | 214.80% | −100.00% | 5998.97% |
| 10. | HC/USD | −100.00% | −51.86% | −100.00% | −98.60% |
| PORTFOLIO | −100.00% | 177.70% | −100.00% | 275.22% | |
| MARKET | −100.00% | 20.99% | −100.00% | 320.14% | |
| OVER HOLD | 0/10 | 4/10 | 0/10 | - | |
| PROFITABLE | 0/10 | 6/10 | 0/10 | 4/10 |