Warren Buffett once noted, “What we learn from history is that people don’t learn from history.” But in the world of crypto trading, traders have a chance to change that narrative.
Before we dive into the details of a strategy that generated an impressive 176.31% return on investment during a challenging period for the crypto market, let’s make one thing clear: you can’t replicate this strategy now. However, if you had access to trading view in 2022, you could have. This isn’t just a hypothetical strategy; it’s based on actual historical results.
So, let’s explore how a simple rule-based approach can yield substantial returns in real trading, even amidst market turbulence.
The algorithm considers various factors like trading volume, recent price movements, social sentiment, and the volume of tweets related to the asset. If it identifies similarities to past conditions, it examines how the price behaved afterward. All these data points contribute to the VORTECS™ Score, a dynamic evaluation of the asset’s current trading outlook. A higher score indicates a more bullish outlook.
The Strategy: The Markets Pro platform offers various strategies to traders. One of them is the “Buy 85, Sell 80” strategy. When an asset’s VORTECS™ Score crosses 85 (indicating strong bullish sentiment), a trader can buy that asset. They then sell the asset once the score drops below 80. This entire process happens live on an exchange.
What’s Impressive: In 2022, amidst a crypto market that saw Bitcoin drop 65% and Ethereum 68%, strategies based on the VORTECS™ Score were achieving impressive returns. For instance:
- Buy 90, Sell 85: +96.89%
- Buy 90, Sell 90: +159.15%
- Buy 85, Sell 75: +102.65%
The Takeaway: The success of these strategies suggests that the VORTECS™ algorithm is effective. When it identifies bullish conditions, it tends to be right more often than not. This algorithmic approach to trading leverages historical patterns to gauge an asset’s current health.
Warren Buffett’s famous quote, “What we learn from history is that people don’t learn from history,” doesn’t necessarily apply to the VORTECS™ Score. This strategy is all about learning from history and using that knowledge to navigate the ever-changing world of crypto trading. The substantial returns it generated in the challenging environment of 2022 serve as a compelling testament to its effectiveness.
Please note that this information is not financial advice. Before making any investment decisions, it’s important to conduct your own research and consider your own risk tolerance.