With major coins now down an average of 52% off all time highs, we designed a simple screen to help identify coins that may have now fallen to attractive price points. The results highlight privacy coins (ZCash, Dash & Monero) and NEO GAS as 4 of the most interesting at current levels. Sample: - We... Continue Reading →
Breaking down “Bitcoin Drawdowns”
A Quick Analysis of Historical Drawdowns for Bitcoin (BTCUSD)
“Bitcoins vs Sh*tcoins”: An Apples-to-Apples comparison
Given the sudden influx of new money that has been chasing "cheap Altcoins", to a new investor Bitcoin's ~$15,000 price tag may appear unaffordable compared to an Altcoin priced at ~$1. So the aim is to remove the "unit bias" of each Altcoin by repricing them using the same current Total Coin Supply as Bitcoin.
BTC Pullback Analysis – Are We There Yet?
Conclusion: * I think we're nearing the tail end of this correction * The median max drawdown of previous pullbacks is -35% - The trough this time a round was a larger than normal -45% (Dec 22's intraday low) * The median total duration of previous pullbacks is 23.5 days - As of today...we're already... Continue Reading →
“Double Momentum Balls” for Cryptocurrencies: A relative performance chart
Given the recent volatility in cryptos, the chart below gives a good snapshot and overview of the relative performance of the top 40 crypto-currencies/assets.
Bubble Trouble! Exploring an “LPPL” model for Bitcoin
A Log-Periodic Power Law (LPPL) model is used to see whether the price action for Bitcoin follows a log-periodic oscillation model for a speculative bubble and predicting its subsequent "crash".
When holding Bitcoin is not enough: Mean Variance Optimization for a Cryptocurrency Portfolio
Mean Variance Optimization is performed on a test basket of 15 cryptocurrencies to create an optimal portfolio that lies on the Efficient Frontier. Several practical portfolio scenarios are examined.