Ever since we upgraded the strategy Athena on Polkadot and other top 5 coins in the market, I wanted to share a detailed back-testing result with you all so that you know what to expect in future.
Here’s how the strategy performed on Polkadot between August 2020 & August 2022
Polkadot (DOT) Highlights
117%
Net Profit
78%
Max Runup
19
Trades
39%
HODL Return
212%
Largest Win
Polkadot being a relatively newer coin, we can take a look at its past 2 years history together in one go.
August 2020 – August 2022
At the end of 2 years, a $1000 initial capital would be $2175
Here are the trades
| Trade | Type | Date | Price | Type | Date | Price | Profit % | Run-up % | Drawdown % |
| 1 | Buy | 22/08/2020 | $4.44 | Sell | 04/09/2020 | $5.2 | 17.12 | 54.55 | 16.59 |
| 2 | Buy | 26/10/2020 | $4.49 | Sell | 29/10/2020 | $3.89 | -13.36 | 10.24 | 13.36 |
| 3 | Buy | 18/11/2020 | $4.95 | Sell | 26/11/2020 | $4.49 | -9.29 | 22.94 | 9.29 |
| 4 | Buy | 17/12/2020 | $5.57 | Sell | 22/12/2020 | $4.82 | -13.46 | 3.23 | 14.31 |
| 5 | Buy | 28/12/2020 | $5.75 | Sell | 11/01/2021 | $8.70 | 51.3 | 85.74 | 0 |
| 6 | Buy | 13/01/2021 | $10.68 | Sell | 16/03/2021 | $33.40 | 212.73 | 295.93 | 0 |
| 7 | Buy | 20/03/2021 | $39.6 | Sell | 24/03/2021 | $32.07 | -19.02 | 1.26 | 19.02 |
| 8 | Buy | 02/04/2021 | $40.10 | Sell | 18/04/2021 | $39.36 | -1.85 | 20.6 | 6.01 |
| 9 | Buy | 14/05/2021 | $43.90 | Sell | 19/05/2021 | $33 | -24.83 | 13.39 | 24.83 |
| 10 | Buy | 07/07/2021 | $17.03 | Sell | 12/07/2021 | $14.5 | -14.86 | 3.75 | 14.86 |
| 11 | Buy | 01/08/2021 | $17.67 | Sell | 27/08/2021 | $23.46 | 32.77 | 66.11 | 4.86 |
| 12 | Buy | 31/08/2021 | $29.36 | Sell | 07/09/2021 | $24.32 | -17.17 | 21.53 | 17.17 |
| 13 | Buy | 09/09/2021 | $29.36 | Sell | 20/09/2021 | $30.66 | 4.43 | 32.05 | 4.63 |
| 14 | Buy | 13/10/2021 | $38.77 | Sell | 27/10/2021 | $40.01 | 3.2 | 19.65 | 0 |
| 15 | Buy | 01/11/2021 | $46.39 | Sell | 10/11/2021 | $48.01 | 3.49 | 18.75 | 0 |
| 16 | Buy | 19/03/2022 | $19.56 | Sell | 06/04/2022 | $20.60 | 5.32 | 21.93 | 6.34 |
| 17 | Buy | 18/07/2022 | $7.46 | Sell | 25/07/2022 | $6.88 | -7.77 | 8.31 | 7.77 |
| 18 | Buy | 29/07/2022 | $8.08 | Sell | 17/08/2022 | $8.54 | 5.69 | 19.8 | 4.95 |
| 19 | Buy | 09/09/2022 | $7.70 | Sell | 16/09/2022 | $6.94 | -9.87 | 4.55 | 10.78 |
Conclusion
For anyone looking to invest in Polkadot, Athena is one of the top strategies if they want to avoid the high volatility and choose a more smoother road to their crypto investments.
Athena is LONG ONLY & doesn’t use leverage. It Works on SPOT Market thus has a relatively lower risk.
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