Metastrategy is my strategy on ICONOMI. It's an automated strategy with weekly rebalancing that is always an intelligent mix of the current top performing strategies. It's a great 'set-and-forget' option and is my top recommendation for those new to crypto investing.
Metastrategy is currently the #9 most copied strategy on ICONOMI (by value).
Of the 8 larger strategies, Metastrategy is outperforming 2 of them over the 1-year timeframe: Crush Crypto Core and Mountains and Valleys. If you're already copying these strategies, you're probably better off switching to Metastrategy. Join the Telegram group →
I recommend dollar-cost averaging (investing equal amounts at regular intervals) rather than going all-in. This is simple to do with ICONOMI's Autocopy feature. Activate Autocopy on your ICONOMI dashboard, then set up a standing order/recurring payment from your bank to ICONOMI. Every time funds arrive in your ICONOMI account, they will automatically be used to copy Metastrategy.
Rebalanced 2024-10-06T00:07:14+00:00
24h | 7d | 1M | 3M | 6M | 1Y |
---|---|---|---|---|---|
37.4
Top
86% |
51.5
Top
58% |
39.8
Top
35% |
44.3
Top
52% |
45.1
Top
55% |
18.1
Top
51% |
Asset | Current weight | With multipliers (next rebalance) |
Without multipliers | ||
---|---|---|---|---|---|
Ethereum (ETH) | 19.3% +11 | 20.2% | 16.6% | ||
Solana (SOL) | 15.9% +4 | 16.0% | 13.1% | ||
Fetch.ai (FET) 2x | 16.3% -32 | 14.9% | 6.1% | ||
Bitcoin (BTC) 0.25x | 10.5% +1 | 11.2% | 36.8% | ||
NEAR Protocol (NEAR) 2x | 9.2% -16 | 8.8% | |||
Sui (SUI) | 6.2% +52 | 6.4% | 5.2% | ||
Binance Coin (BNB) | 5.9% +20 | 6.3% | 5.1% | ||
Injective Protocol (INJ) | 6.2% -6 | 5.8% | 4.8% | ||
THORChain (RUNE) | 6.0% -11 | 5.5% | 4.5% | ||
Chainlink (LINK) | 4.7% -23 | 5.0% | 4.1% | ||
Avalanche (AVAX) | 3.6% |
The 'meta' in this strategy is that it scores every coin on ICONOMI according its weight across all strategies on the ICONOMI platform, further weighting by the performance of each strategy (excluding a small number of specified coins and strategies). It then takes the top 10 coins by score, and weights them according to their relative scores, with weekly rebalancing.
Thus on any given day Metastrategy is a mix of the current top performing strategies.
In pseudocode:
for each strategy
for each coin in each strategy
score_of_coin_i += coin_weight_in_strategy * performance_score_of_strategy
end
end
sort coins by score
take top 10 coins by score
weight coins according to relative scores
For example, say there are two strategies, A
and B
.
A
has coins x1
, x2
, x3
.
B
has coins x2
, x3
, x4
.
The weight of coin xi
in strategy Y
is wY(xi)
.
The performance score of strategy Y
is pY
.
Then the score of the coins x1…x4
is:
S(x1) = wA(x1).pA
S(x2) = wA(x2).pA + wB(x2).pB
S(x3) = wA(x3).pA + wB(x3).pB
S(x4) = wB(x4).pB
The performance score of a strategy pY
is calculated as
performance_score = (4 * 1_month_performance) + (3 * three_month_performance) + (2 * six_month_performance) + (1 * year_performance)