Table 5.
The results of the strategy from the second 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% | −31.85% | −100.00% | 243.79% |
| 2. | XRP/USD | −100.00% | 1074.51% | −100.00% | −57.24% |
| 3. | ETH/USD | −100.00% | −59.71% | −100.00% | 408.03% |
| 4. | BCH/USD | −100.00% | −75.93% | −100.00% | −81.20% |
| 5. | ADA/USD | −100.00% | 104.97% | −100.00% | 91.31% |
| 6. | LTC/USD | −100.00% | −46.48% | −100.00% | −33.48% |
| 7. | XMR/USD | −100.00% | 54.07% | −100.00% | −25.24% |
| 8. | ICX/USD | −100.00% | −14.11% | −100.00% | −76.64% |
| 9. | BNB/USD | −100.00% | 6.36% | −100.00% | 5998.97% |
| 10. | HC/USD | −100.00% | −80.12% | −100.00% | −98.60% |
| PORTFOLIO | −100.00% | 86.15% | −100.00% | 275.22% | |
| MARKET | −100.00% | 196.13% | −100.00% | 320.14% | |
| OVER HOLD | 0/10 | 6/10 | 0/10 | - | |
| PROFITABLE | 0/10 | 4/10 | 0/10 | 4/10 |