The #cryptocurrency Market is No Exception — There is NO Best Rebalancing Period
▻https://hackernoon.com/the-cryptocurrency-market-is-no-exception-there-is-no-best-rebalancing-p
The Cryptocurrency Market is No Exception — There is NO Best Rebalancing PeriodWe backtested 10,000 cryptocurrency portfolios to find out.At Hodlbot, we automatically rebalance people’s cryptocurrency portfolios. So inevitably, one of the most common questions I get is, “what is the best rebalancing period?”I attempted to answer this in my last article by simulating 100,000 portfolios using the Monte Carlo method and found more frequent rebalancing did not have any effect.But, many of my readers & followers were not satisfied. A lot of investors are under the impression that there is something special about the cryptocurrency market — something that gives an edge to more frequent rebalancing.I’ve never been one to shy away from data. So in this article, I will be investigating the impact of (...)