The Swapperbox algorithm is tested against historical price data to provide a forecast of future performance. The backtest results are used as the basis for justifying trades.
The data you are viewing is the backtest data of the Swapperbox algorithm. It is not the historical data of the live trader. To view the historical trade data, please refer to the trade history.
The data you are viewing may not reflect the currently running algorithm. This is because we sometimes upgrade the algorithms to enhance performance or fix bugs. However, the data is sufficiently structured to allow us to calculate the true performance of the system.
Swapperbox vs. Holding: Which Strategy is Better?
The most common strategy in crypto trading is to buy and hold coins. This strategy has been effective in generating profits for investors, but it also comes with high risk. Swapperbox is a new platform that aims to reduce risk and outperform the buy and hold strategy.
The following chart compares the performance of the buy and hold strategy for BTC against the Swapperbox algorithm.
Profits are in percentage points starting from 100% which represents the original amount.
Swapperbox vs. Holding: How Much Can You Lose?
Bitcoin’s volatility has led to losses of up to 90% for buy-and-hold investors in the past. Swapperbox’s algorithm is designed to mitigate this risk.
The following charts are custom drawdown oscillators intended to show the risk in drawdown terms.
- The orange line, represent the drawdown oscillator.
- The red line is the average drawdown of the backtest results.
- The blue line is the profit line.
When the orange line touches the blue line, it means the balances reached an all-time high.
The data presented here is from the algorithm’s backtest, which is a simulation of past trading activity. Backtests do not guarantee future performance, and actual results may vary. Please refer to the trade history to see the bot’s actual live performance.