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Cryptocurrency Trading Strategy: Modern Portfolio Theory

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“I believe in something called ‘portfolio science,’” Lou Kerner – a founding partner at venture capital firm CryptoOracle – tells Cryptocurrency News, “ pronounces that you assign a fraction of your assets to crypto, and then buy a basket of market-based assets, on an unvarying basis and without a concern for the prices. Over the long run, that’s how you increase returns.” Kerner is referring here to modern portfolio theory (MPT), which originated from a 1952 essay by American economist Harry Markowitz, A theory that works well as a cryptocurrency trading strategy. In its meekest form, MPT contains capitalizing in a range of assets, whose price activities are uncorrelated. Because of their uncorrelated-ness they incline not to fall and upsurge together, thereby, lowering the investor’s contact to separate specific asset risk and rescuing him or her from overall losses. And as Kerner suggests, if the investor selects their banquet of assets (including cryptocurrencies) pruden...

Rejoice! XcelToken Upgrade and Trading are Right around the Corner.

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XcelToken is an ERC20 token on the Ethereum Blockchain Platform that is created to build, engage and foster a large crypto-community within the hospitality, retail and gaming sectors.   XcelToken has undergone some exciting changes and the upgrades are coming your way from the 10 th of May, 2019 to the 15 th of May, 2019 . The upgrade process will automatically take place within the blockchain system and your crypto wallet will be credited with the exact number of tokens that you possess. We strongly advise against moving or transferring the token from your wallet during this period (10 th - 15 th May, 2019) XcelToken is already adopted into usage on XcelTrip - an online travel booking platform where you can check-in at over 800,000 hotels and book tickets with over 400 airlines, XcelPay - a merchant POS and digital payment wallet through which you can now recharge your phones with 900 different carrier services and in 160 countries, with cryptocurrency. Soo...