How to backtest a cryptocurrency portfolio?
David SargsyanDec 28, 2021 · 3 years ago1 answers
Can you provide a detailed explanation on how to backtest a cryptocurrency portfolio? I'm interested in understanding the process and the steps involved.
1 answers
- Dec 28, 2021 · 3 years agoAt BYDFi, we understand the importance of backtesting a cryptocurrency portfolio. It allows you to evaluate the performance of your portfolio and make informed investment decisions. To backtest your cryptocurrency portfolio, you can use our platform, which provides historical price data for a wide range of cryptocurrencies. Simply input your portfolio composition and select the time period you want to test. Our algorithm will simulate the performance of your portfolio based on historical data, allowing you to assess its potential profitability. Keep in mind that backtesting is not a guarantee of future results, but it can provide valuable insights into the effectiveness of your investment strategy.
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