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Roberto Carlos
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2024-03-25 11:48:33

Roberto Carlos on Nostr: Creating a Cryptocurrency Wallet Based on Newton's Law of Inertia An interesting ...

Creating a Cryptocurrency Wallet Based on Newton's Law of Inertia

An interesting concept for building a cryptocurrency wallet: the application of Newton's Law of Inertia. If you're wondering how a physical theory might relate to the cryptocurrency market, read on to find out.

Newton's first law, also known as the Principle of Inertia, states that every body remains in its state of rest or in straight and uniform motion if the forces acting on it cancel each other out.

Now, how can we apply this law to the cryptocurrency market? Well, let's think about it in a simplified way. Imagine that the price of a cryptocurrency is on the rise. According to the Principle of Inertia, there is a tendency for this upward movement to continue, unless a significant external force occurs to reverse this pattern. In other words, everything that goes up tends to keep going up, and vice versa.

**Building a Portfolio Based on Price Momentum:**

Understanding this concept, we can build an investment strategy based on cryptocurrency price momentum. The idea is to identify assets that are in an upward trend and, consequently, are more likely to continue rising. This approach can be especially effective in a strongly trending market.

Below is an example of the weekly construction of the portfolio described consisting of the 5 cryptocurrencies with the biggest upward trend. Every Monday, the weekly portfolio will be published with the necessary changes.

To monitor trend variation in a system based on an Artificial Neural Network, the research universe will be composed of the first 100 coins in the market capitalization ranking.

Attention: This portfolio is not an investment recommendation, it is just a scientific study with no other intention. The objective of the study is to compare this theoretical portfolio with benchmark indices (Basket of 100 currencies and Bitcoin).


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