Dear steemit friends.
this is an article written by @truthtrader. I have obtained permissions from @truthtrader to update his post.
Sorry because it took a long time, but finally I can give answers to the above questions.
Can we start?
First, even though I stopped to add new coins to the portfolio on 04-26-2018 day, it is interesting to see how the performance of the recommendations will haejin.
Haejin:
12k USD ... Not bad ...
But if I choose coins at random:
33k! That's 21k more profit than Haejin's recommendation. That was a bad start, Mr. Haejin ...
But, let's look at another perspective. How will both portfolios be rewarded the day after I stop adding new coins into them?
Haejin Performance:
Random coin performance:
Haejin got points here, but because his performance will be less than 1.5% better than random coins, I do not think This is a big achievement ...
What about the highest and lowest values of the portfolio?
Haejin:
Random Coins:
It seems that if you choose random coins, you will have better returns if you are good enough to sell coins at a higher price.
What about closed trades? Maybe Haejin is better at seeing when to close a trade?
Total effective profit from haejin closing trade:
$ 3084. Not bad ...
Random coins close the trade (closed at same time point with haejin):
$ 5068. Ops ... much better than Haejin Recommendations.
You can check out the portfolio on the link below:
Conclusion
Haejin's performance in predicting cryptocurrency is no better than picking coins at random.
In fact, you might be better off rolling the dice to choose your next investment rather than following his advice.
very useful information. good job @messwir
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Thanks you
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