Iconic Funds Issues a Research Report on The Effectiveness of Common Investment Strategies with BITCOIN

Share Article

To gain a deeper understanding of how effective common investment strategies are when applied to Bitcoin, Iconic Funds commissioned an empirical research report. The report was written by Philipp Rosenbach and Robert Richter, a research fellow at Frankfurt School Blockchain Center. Research partners included Enigma Securities and BTC-Echo.

The "How effective are common investment strategies with Bitcoin?" report examines three of the most commonly known trading strategies, namely, turnaround investing, trend investing and investing according to the old adage “sell in May and go away”, more commonly known as the Halloween Factor. The report compares those investment approaches to a simple "buy and hold" strategy and investigates if they can be applied to Bitcoin and if so, how they may perform.

The empirical evidence supports the conclusion that trend investing beats "buy and hold" and turnaround investment strategies as well as "sell in May and go away". Trend strategies outperformed buy and hold in bull markets and showed a significantly lower drawdown during bear cycles. One of the highlights of the report is the fact that trend investing strategies, from April 2013 until the end of March 2020, would have yielded investors an annualised return of 307%.

Iconic Funds publishes quarterly empirical research reports analyzing crypto assets. Previously, Iconic Funds commissioned reports on the impact of crypto currencies on the Sharpe Ratio of traditional investment models, the myth of zero correlation between crypto currencies and traditional indices as well as sponsored a Cointelegraph research report on institutional demand for crypto in the DACH region. Iconic will publish its next empirical study in early 2021.

About Iconic Funds:
Iconic Funds GmbH is the holding company of a series of subsidiaries that manage and issue crypto asset investment products. Collectively, Iconic Funds GmbH and its subsidiaries are branded as “Iconic Funds.” Iconic Funds is a joint venture between Iconic Holding GmbH and Cryptology Asset Group p.l.c., founded by Christian Angermayer and Mike Novogratz.

Press contact:
Iconic Funds GmbH:

Legal Disclaimer
In no event will you hold ICONIC FUNDS GMBH, its subsidiaries or any affiliated party liable for any direct or indirect investment losses caused by any information in this report. This report is not investment advice or a recommendation or solicitation to buy any securities.

ICONIC FUNDS GMBH is not registered as an investment advisor in any jurisdiction. You agree to do your own research and due diligence before making any investment decision with respect to securities or investment opportunities discussed herein.

Our articles and reports include forward- looking statements, estimates, projections, and opinions which may prove to be substantially inaccurate and are inherently subject to significant risks and uncertainties beyond ICONIC FUNDS GMBH’s control. Our articles and reports express our opinions, which we have based upon generally available information, field research, inferences and deductions through our due diligence and analytical process.

ICONIC FUNDS GMBH believes all information contained herein is accurate and reliable and has been obtained from public sources we believe to be accurate and reliable. However, such information is presented “as is,” without warranty of any kind.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Syuzanna Avanesyan

Syuzanna Avanesyan
Visit website