Leveraging the wisdom of the crowd and the powerful sentiment analytics developed by Social Market Analytics and The TIE, the portfolio has achieved significant historical outperformance* and is algorithmically rebalanced once per month.
The strategy allocates to cryptocurrencies with conversations that are becoming increasingly positive on social media. Once the number of people discussing a particular coin has dramatically increased, the signal is no longer valid and the position is exited. All rebalancing is done algorithmically using advanced machine learning techniques, and no human intervention is used in the trading process.
*Note: Past performance is not an indicator of future returns. Results are from simulated backtests conducted by eToro.
In exclusive partnership with The TIE, Social Market Analytics parses through 850,000,000 tweets every day using proprietary machine learning and natural language processing technology to derive sentiment on cryptocurrencies.
Learn about the power of The TIE's sentiment data and the patented data collection, cleaning, and scoring process that drives it. Check out our articles and research reports here.