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June 22, 2022

Bot Known for Outperforming Crypto Markets Unveils Altcoin Selections Amid Wild Bitcoin and Ethereum Price Action

By Daily Hodl Staff

A robot with a reputation for outpacing the crypto markets is revealing its latest portfolio allocations as Bitcoin (BTC) and Ethereum (ETH) weather high volatility.

Each week the Real Vision Bot conducts surveys in order to create algorithmic portfolio assessments consistent with a “hive mind” consensus.

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The bot’s newest data finds that traders’ risk appetite is at historic lows with most market participants flocking to Bitcoin, Ethereum and stablecoins, with 60% of participants voting to overweight their portfolios with both USD Coin (USDC) and BTC.

Besides BTC and USDC, 40% of participants voted to have allocations to Ethereum and Solana, with 20% selecting decentralized exchange asset Uniswap (UNI).

“Latest results of the Real Vision Exchange crypto survey. Risk appetite is at an all-time low with votes to overweight USDC at 60%. Percentage of participants who voted for overweight:

1. Bitcoin 60%

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2. USDC 60%

3. Ethereum 40%

4. Solana 40%

5. Uniswap 20%”

Source: Real Vision Bot/Twitter

Other prominent digital assets that participants voted as ‘overweight’ include oracle network Chainlink (LINK), smart contract platform Fantom (FTM), decentralized application-creating protocol Hedera Hashgraph (HBAR), and decentralized exchange SushiSwap (SUSHI), all at 20%.

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Fan token network Chiliz (CHZ), permissionless liquidity protocol THORChain (RUNE), supply chain management blockchain VeChain (VET), and payments-focused XRP were all left completely out of the bot’s portfolio allocation.

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

Real Vision founder and macro economic expert Raoul Pal has called the bot’s historic performance “astonishing”, saying it outperforms an aggregated bucket of top 20 crypto assets on the market by more than 20%.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Benny Studio/VECTORY_NT