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March 31, 2022

‘Astonishing’ Bot Known for Outperforming Crypto Markets Flocks to Bitcoin, Ethereum, Cardano and Several Top-Tier Altcoins

By Daily Hodl Staff

A robot with a reputation for outperforming the markets is unveiling its latest crypto portfolio allocations.

Each week the Real Vision Bot conducts surveys of cryptocurrency-related data in order to create algorithmic portfolio assessments consistent with the consensus of the “hive mind.”

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According to Real Vision, the bot has had an “astonishing” record as it outperforms the aggregated bucket of top 20 crypto assets on the market by more than 20%, simply by taking surveys from traders.

The latest survey-based portfolio allocation is led by Ethereum (ETH) at 21.9%, Bitcoin (BTC) close behind at 19.3%, followed by Terra (LUNA) at 15.2%, Polygon (MATIC) at 10%, and Polkadot (DOT) at 9.6%. Nine other crypto assets fill out the chart in smaller amounts.

The bot itself also compiles its own portfolio. Currently, its primary crypto assets of interest are ETH at 31.3%, BTC at 28%, and LUNA at 22.7%.

Of the eight other cryptocurrencies in the bot’s bag, only Cardano (ADA) at 6.3% and VeChain (VET) at 4.9% account for over 2% of investment holdings.

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In a tweet, the bot notes that both portfolios added to their ETH and LUNA holdings while also diversifying into a variety of other assets in small portions.

“Latest allocation of the RealVision Exchange crypto portfolio. Both the Exchange and the Bot increase their allocation to Ethereum and Terra.

Cardano and VeChain make it back into the allocation. Overall quite a diverse mix of smaller positions.”

Source: Real Vision Bot/Twitter
Source: Real Vision Bot/Twitter

Last week the bot’s Ethereum holdings were at 18.3%, a significant drop from two weeks ago when it held ETH at 34.5%.

Likewise, on March 15th, the bot allocated 10% to LUNA before increasing to 18.6% a week ago.

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BTC saw its bot investment drop from 48.4% to 27.3% a week ago, before its slight move up to 28% this week.

The Real Vision Bot was co-developed by quant analyst and hedge fund CEO Moritz Seibert and statistician Moritz Heiden.

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Featured Image: Shutterstock/monkographic/nsimsek0/Nikelser Kate/Chan2545