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-accumulationPart 2 - Exit strategy
https://niffler.co/news/testing-a-digibyte-cost-averaging-strategy-on-niffler-part-2-exitHas anyone else tried to apply this strategy in real life? Share your experience.
Thanks