Bitcoin Forum
April 27, 2024, 05:07:49 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: ❤️ Testing a DigiByte Cost Averaging Strategy on Niffler  (Read 102 times)
Nifflerco (OP)
Jr. Member
*
Offline Offline

Activity: 68
Merit: 6


View Profile WWW
April 15, 2019, 05:21:11 PM
 #1

Hello all,

Recently one of our users has completed 4 months long cost averaging strategy on our simulated crypto currency exchange and wrote two good articles about it. If you are planning to test this strategy it may be useful to read both articles.

The Strategy:
With my 100,000 Play USD Niffler Portfolio, starting in November 2018, I buy $1000/day of DGB, almost every day. Due to the Daily Liquidity Limit simulation, some days there aren’t enough DGB to buy, so I pass and wait for the next day, but it comes to an average of 5 days/week purchases ($5000/week).

Part 1 - Accumulation https://niffler.co/news/testing-a-digibyte-cost-averaging-strategy-on-niffler-part-1-accumulation
Part 2 - Exit strategy https://niffler.co/news/testing-a-digibyte-cost-averaging-strategy-on-niffler-part-2-exit

Has anyone else tried to apply this strategy in real life? Share your experience.

Thanks

Earn money by paper trading with play dollars - Crypto Parrot (https://cryptoparrot.com)
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!