6 weeks have passed since the launch of Blackmoon’s crypto strategies. During this period, the strategies have been tested under real market conditions and have been found to respond to the general expectations of the backtested results as well as the needs of the crypto community. Here you can see the results of our strategies since inception:
*Returns in ETH, Aug 15 — Sep 30. Past performance is not an indication of future results.
The results in ETH are solid. Beyond that, BMxT20 token has shown an excellent return in USD amid the crypto market being on the verge of hitting a new low in 2018:
*Returns in USD, Aug 15 — Sep 30. Past performance is not an indication of future results.
As promised, we did not stop with only these investment opportunities, instead, we are constantly analyzing and developing fresh strategies for our community.
Today, we are proud to introduce 3 new crypto strategies, which are already available on the Blackmoon platform:
The success of the BMxT20 token is ready to be picked up by the new BMxT10 token. As of September 30, the total market capitalizations of top 20 and top 10 coins were very close — 91% and 86% of the total, respectively. However, the average 24-hour trading volume per coin in USD for the top 10 coins was almost two times bigger than for the top 20. Thus for some investors willing to put their money only in the very top coins with the highest liquidity, BMxT10 token might become a perfect solution.
The strategy is focused to outperform ETH by tracking those coins that have had the largest market capitalization in the previous three-month period. The core objective of the strategy is to generate the returns corresponding to the yield of 10 cryptocurrencies with the largest capitalization.
For more information: https://blackmoonplatform.com/showcase/t10/about
The strategy is based on the theory of price mean reversion, suggesting that assets prices tend to revert to the average trend. This way coins that perform below portfolio average are bought by the strategy, while the weights of the others are reduced. In addition, BMxTMR token features trend protection, which seeks to reduce the downside risk by switching between crypto and cash depending on the market conditions.
The strategy is focused to outperform ETH by overweighting those coins that are likely to outperform the market and underweighting those likely to underperform. The strategy dynamically weights top 20 currencies based on their relative over- and underperformance. It also goes to cash when the market goes down.
The strategy invests in the top 20 coins by market capitalization to ensure high liquidity of the investment portfolio. Cryptocurrencies are weighted against one another based on the market capitalization corrected for relative gains of individual coins as compared to the portfolio mean return during the previous 24 hours.
For more information: https://blackmoonplatform.com/showcase/tmr/about
The main target of the strategy is to catch price explosions of the coins with the highest price fluctuations in the previous 24 hours. Due to the fact that the performance of the strategy is exposed to serious volatility, the BMxVTP token also features the trend protection characteristic, designed for downside risk reduction.
The strategy is focused to outperform ETH by tracking those coins that have had the largest price fluctuations during the previous 24 hours. In addition, the strategy features the trend protection mechanism, which dynamically allocates funds to and from USD(T) subject to the cryptocurrency market performance. The core objective of the strategy is to generate the returns corresponding to the yield of the top 10 most volatile cryptocurrencies in every rebalancing period.
For more information: https://blackmoonplatform.com/showcase/vtp/about
By launching the crypto strategies in the middle of the August, Blackmoon has taken the lead in the global industry of algorithmic crypto trading. We are not content with these achievements and we will continue to establish new standards in the field by constantly developing investment opportunities for the users of our platform. Stay tuned for further updates as new options will be appearing in all of our product lines!
Handy links to stay tuned to our updates:
DISCLAIMER
Investment in cryptocurrencies carries high degree of risk and volatility and is not suitable for every investor; therefore, you should not risk the capital you cannot afford to lose. Please consult an independent professional financial or legal advisor to ensure the product meets your objectives before you decide to invest. Regional restrictions and suitability checks apply.
