HODL B: For all BTC HODLers
Crypto pessimists believe that digital currency is a huge bubble arising from market madness and can not understand the actions of true believers so-called hodlers not selling their bitcoin in any circumstances.
Hodl is a crypto meme that originally came from a miss-spelling in Bitcoin chat forum back in December 2013. When Bitcoin prices sharply crashed for the first time, one of the investors wrote a post with the title "I AM HODLING". He mentioned that he is drunk and is a bad trader failing to react to such a volatile market and decided to HODL on to his Bitcoin.
The price fell over 50% and took nearly 3 years to regain the previous peak. The journey was painful but looking at the BTC price today, the outcome is epic. If the investor HODLED on to his BTC, he might be one of the most successful traders today! The mainstream community found the post hilarious and caught the attention of many crypto investors. Soon HODL became one of the most famous crypto memes.
Easier said than done, HODLing on to a highly volatile asset is enduring pain to harvest the fruit at the end. No one can tell you to become a HODLer but if you already are, we might have something that is worth your time. Our team wanted to provide HODLers with something to help their journey, something that eases the pain and doubles the prize.
RABIT's HODL B invests your BTC in order to increase the quantity of your BTC. The model statistically analyzes the movement of BTC prices and captures its movement and momentum. Once the movement trend breaks, A.I. gradually decreases the exposure to defend against hostile environments. HODL B makes performs extra well when BTC price skyrockets, and well defends when BTC prices drop. Let's look at the test results:
| Backtesting period | As of March 28, 2020 – May 27, 2021 |
| Return | +164.89% |
| MDD | - 21.03% |
| Daily turnover | 55.9% (based on May 27, 2021) |
| Sharpe ratio | 3.3 (based on May 27, 2021) |
When the BTC price swelled from December 2020 to the first quarter of 2021, HODL B showed outstanding performance nearly doubling the number of BTC that the investors put in and then, well-defended against the sharp price drop during May 2021.
Today, the meme HODL is also known as Hold On for Dear Life. It implicitly represents how hard it is to hodl. It is also true that today, most HODLers are smiling happily with their results. If you already are a HODLer, why not try out RABIT's HOLD B and make your smile bigger?
"Experience RABIT. Engineered and designed for your success!"
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