Polkadot Backtesting Result: Athena V2

117% Returns in Polkadot with Athena Strategy by Sypto. 3x compared to HODL.

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

Since its launch around $2 DOT has seen 2 sets of bull & bear run. While the First set saw prices soaring to $48 and then coming down to $10, the second set saw it reaching $55 mark before coming down to $6 levels where it is mostly flat now.

At the end of 2 years, a $1000 initial capital would be $2175

Here are the trades

TradeTypeDatePriceTypeDatePriceProfit %Run-up %Drawdown %
1Buy22/08/2020$4.44Sell04/09/2020$5.217.1254.5516.59
2Buy26/10/2020$4.49Sell29/10/2020$3.89-13.3610.2413.36
3Buy18/11/2020$4.95Sell26/11/2020$4.49-9.2922.949.29
4Buy17/12/2020$5.57Sell22/12/2020$4.82-13.463.2314.31
5Buy28/12/2020$5.75Sell11/01/2021$8.7051.385.740
6Buy13/01/2021$10.68Sell16/03/2021$33.40212.73295.930
7Buy20/03/2021$39.6Sell24/03/2021$32.07-19.021.2619.02
8Buy02/04/2021$40.10Sell18/04/2021$39.36-1.8520.66.01
9Buy14/05/2021$43.90Sell19/05/2021$33-24.8313.3924.83
10Buy07/07/2021$17.03Sell12/07/2021$14.5-14.863.7514.86
11Buy01/08/2021$17.67Sell27/08/2021$23.4632.7766.114.86
12Buy31/08/2021$29.36Sell07/09/2021$24.32-17.1721.5317.17
13Buy09/09/2021$29.36Sell20/09/2021$30.664.4332.054.63
14Buy13/10/2021$38.77Sell27/10/2021$40.013.219.650
15Buy01/11/2021$46.39Sell10/11/2021$48.013.4918.750
16Buy19/03/2022$19.56Sell06/04/2022$20.605.3221.936.34
17Buy18/07/2022$7.46Sell25/07/2022$6.88-7.778.317.77
18Buy29/07/2022$8.08Sell17/08/2022$8.545.6919.84.95
19Buy09/09/2022$7.70Sell16/09/2022$6.94-9.874.5510.78

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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