A data-crunching robot with a reputation for outperforming the markets just unveiled its latest weekly crypto portfolio allocations.
The Real Vision Bot interprets surveys of cryptocurrency-related metrics to create fresh algorithmic portfolio assessments each and every week.
Real Vision says that the bot’s allocations, which are based on the aggregated opinions of crypto traders, have historically outperformed the top 20 crypto assets on the market by over 20%.
The latest survey-based portfolio allocation reveals a diversified approach across 14 different crypto assets. Bitcoin (BTC) leads at 17.8%, followed by Ethereum (ETH) and Terra (LUNA) each at 11.6%. Polygon (MATIC) comes in at 10.2%, then Fantom (FTM) with 8.15% and Cosmos (ATOM) at 7.64%. The remaining assets all account for 6% or less.
The Real Vision bot itself also compiles a portfolio on its own. Currently, it is interested in 10 cryptocurrencies, with BTC leading the way with a weight of 27.3%. LUNA comes in second at 18.6% with ETH close behind at 18.3%.
ATOM is weighted at 12.3% by the bot, then both THORChain (RUNE) and Avalanche (AVAX) have a 9.84% allocation. The final four cryptos have 2% or less in weighting.
In a tweet, the bot highlights the diversified approach compared to last week when only four crypto assets made the grade.
“Latest weights of the RealVision Exchange crypto portfolios.
[A] return to a more diversified allocation for the survey-based Exchange portfolio.
The Bot trusts in Bitcoin, LUNA, Ethereum, and ATOM but follows the survey into RUNE and AVAX.”
The Real Vision Bot also reveals the latest survey results about crypto investors’ cumulative tendency to add certain assets to their exchange holdings.
Bitcoin dominates at 70% overweight, Ethereum is next at 50%, followed by Cosmos at 39%, and both Polygon and Terra claim 36%.
The Real Vision Bot was co-developed by quant analyst and hedge fund CEO Moritz Seibert and statistician Moritz Heiden.
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Source: https://dailyhodl.com/2022/03/21/real-vision-hive-mind-bot-favoring-bitcoin-ethereum-terra-and-one-eth-competitor-as-altcoins-bounce/