Is a strategy to trade top 10 market cap coins good enough?
I would like to discuss this tool - BMxT10 token. This token is the asset token behind this the strategy tracking coins with 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 the cryptocurrencies with the largest capitalization.
DESCRIPTION
Top 10 Market Cap Monthly Strategy is designed by an outstanding team of professionals with cumulative experience of more than 30 years in quantitative data analysis and cryptocurrency trading. The strategy tracks coins that have the largest market capitalization. The strategy facilitates the process of investing by providing an opportunity to resolve the technical, liquidity and cost issues and also helps to track the highest market cap coins. In addition, the quantitative strategy seeks to generate alpha to ETH regardless of the market conditions.
STRATEGY
Top 10 Market Cap Monthly Strategy is based on a proprietary cryptocurrency selection process. The portfolio consists of 10 coins with the largest market capitalization for the last three month period out of top 200 coins listed on coinmarketcap.com. Cryptocurrencies listed in the final tradable list are weighted against one another based on their market capitalization. The portfolio is rebalanced on the last day of each month. Strategy execution is fully automated 24 hours a day, 7 days a week.
KEY STRENGTHS
Tracks top 10 cryptocurrencies with the largest capitalization
Rebalanced and reconstituted monthly
Seeks to generate alpha to ETH irrespective of the cryptocurrency market performance
Executed automatically 24/7
Cost efficient
Highly liquid
Trades on several eligible exchanges
Designed and managed by an outstanding team of professionals
KEY METRICS
Asset class: cryptocurrencies
Maximum coins: 10
Rebalanced: every month
Reporting currency: ETH
Service fee: 1.5%
Please have a look at other crypto strategy tokens by Blackmoon.
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.