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      "body": "I completely agree with you. An [investment calculator online](http://www.superfinedeal.com) that includes interest rates, start-up capital, and deposit conditions can assist you in forecasting the profitability of your investments. The calculator uses the compound interest formula to calculate reinvestment. In calculations that do not include reinvestment, simple percentages are utilized.",
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      "body": "Congratulations @genesisvision! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@genesisvision/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@genesisvision) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=genesisvision)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
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      "author": "genesisvision",
      "permlink": "how-can-you-reduce-the-possible-investment-risks-let-s-talk-about-it",
      "title": "How can you reduce the possible investment risks? Let’s talk about it.",
      "body": "![Risk Management 3.png](https://cdn.steemitimages.com/DQmaaT9FpMnvt9UW9eMdTw74deKViAmbRjzDsajzorHdMhv/Risk%20Management%203.png)\n\nAny type of investment involves certain risks and in this respect, the Genesis Vision platform is no exception. However, this is not a good reason to completely abandon the profitable ways of investing and trust your funds only to banks. So how can you reduce the possible investment risks? Let’s talk about it. \n\n![1.png](https://cdn.steemitimages.com/DQmQzuHJtBJ6aRyuWSVnmDDVfrR3Senf8A31NRzCL2BUybh/1.png)\n\nYes, this might sound obvious and maybe even redundant, but it is sound advice. Just like we've covered [previously](https://blog.genesis.vision/6-small-tips-on-how-to-choose-the-best-manager-33a0ba2db5af), there are a lot of ways to analyze the performance of the investment program. Even if you pay attention only to the most basic factors like the **age of the investment program, maximum profit, and drawdown**; you still increase your level of success and reduce risks. Learning to utilize more complex indicators will also be beneficial.\n\n\n![2.png](https://cdn.steemitimages.com/DQmQmgP75c3n16QFuLDh1J7NLqZcmbdsw5tY477vW3Q5RWU/2.png)\n\nBy entrusting all your GVT  to one manager, you're put all of your eggs in one basket. **This, in turn, multiplies your risk**. A manager with a good yield still can't give a 100% guarantee of the safety of money that was invested. It is better to choose **several managers* and distribute your funds among them accordingly. It is also better to collate your portfolio out of managers with different trading strategies since it also reduces their collective risk. \n\n\n![3.png](https://cdn.steemitimages.com/DQmVy8zHhJSuxaMWpJQZbcRNg8yAra652nMWDexUbrYYLUY/3.png)\n \nAlthough you do not personally trade when you're investing in an investment program, you should **regularly monitor the trading results of managers**. Monitor the investment programs in which you have invested and withdraw money if you notice a significant increase in the risk. How can you determine that a specific manager in the near future can completely lose your money? In simple terms, you choose the **maximum allowable drawdown threshold**, which is the amount that you can afford to lose. As soon as losses reach this level, you can withdraw. An individual threshold varies depending on different investors perspectives, but the average value is usually 30% of the amount invested.\n \n![4.png](https://cdn.steemitimages.com/DQmasqfKaU8JJGFs2nuPHzx9vQj5Lsf3ccGdrDoEWkphXK7/4.png)\n \nThe starting point of an investment is very important. It is never a good idea to enter during a peak of profitability, so always take a look at the profit chart - a graphic representation often provides a better picture. **When anything sees a continuous rise, it has to face a retrace later on and this should always be seen as natural.** If you want to learn how to use drawdowns to your advantage, make sure to read this article.\n\n![5.png](https://cdn.steemitimages.com/DQmUjZZuksP1CAHNsU5T5G7m3TyMozqhZ1R6N4NPhPsM84c/5.png)\n\nSince the GV Funds don’t require active participation from the manager - **the risk of making a human mistake is virtually zero**. On the contrary to investment programs, GV Funds provide profit due to the growth of assets that are within the fund. It does not mean that the funds have no risk at all, that is absolutely not true. But both profits and risks are much more conservative in comparison to investment programs.",
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      "author": "genesisvision",
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      "title": "How to benefit from drawdowns",
      "body": "If a manager is having a bad time (performance wise), it could actually turn out to be the **best time for an investor.** \n\n![Drawdowns.jpg](https://cdn.steemitimages.com/DQmdsj2LY7JmUBwQCmj3LZeo6ESgCaRrnkwhJfKFWuNJXy3/Drawdowns.jpg)\n\nWhy?\n\nWell, because a **skillful investor** can **use the drawdowns** to his **own advantage**. Let's talk about how it's actually done. \n\nThe investor finds a manager who is in a drawdown at this point in time, invests some GVT into his investment program and **by the time the manager recuperates his losses, an investor gets more profit than if he would have invested before the account sank.** In fact, any trader, including the GV managers, even if he is the best trader in the world by a landslide, cannot only show green all the time.\n\nJust like in regular trading, there will always be a drawdown. However, **if a trader is competent** and able and has been trading for a while, **he usually goes back to being profitable**, this again highlights the importance of having this ledger of accountability in terms of when the assets were bought and sold and how that reflects on the manager accordingly.\n\nAn investor who uses this drawdown approach would only invest in investment programs, that are currently in a drawdown, and subsequently withdraw his funds as soon as the program goes back to its average profit levels.\n\nHowever, if you are thinking that this is just too good to be true, you’re correct. Without the proper experience and knowledge, this approach can result in significant losses, and it is just not worth it. \n\nAfter all, **when a trader is in a drawdown, he can be somewhat nervous**, psychologically tense, **this might cause even greater drawdowns and losses**, to the point that the account will be lost altogether. Consequently, **the investor must understand that this is a standard trading drawdown, and not a loss of an account situation.** \n\nThat is, to successfully engage in this type of investment, **you need to carefully analyse the investment programs in which you intend to invest in the first place.**\n\nYou wouldn't want to use the drawdown approach with managers who trade aggressively, because, with such a trader, even an experienced investor will not be able to distinguish between drawdown and total loss of funds, as well as the best time to “buy in”. \n\nWe should also explicitly point out, **that it is not recommended to use this approach for the first year of the Genesis Vision platform's life, for the reason that it is not possible to accurately analyse an investment program in enough detail** (once we’ve got a 12 month trading period out the way, the data is a lot easier to use for analytical purposes) - again this isn’t to say you can’t analyse it before 12 months it’s just in our opinion, **a greater length of performance history will be easier to spot potential pitfalls or profit periods.**\n\nManagers who allowed a drawdown of more than thirty per cent or more are unlikely to work either since the risk of such an investment is too high.\n\n**If an investment program has a trading history that shows that the manager has been out of drawdowns many times, then obviously it is relatively safe to invest in him.**\n\nIf you want to catch up on our previous advice, you can do so [here](https://steemit.com/crypto/@genesisvision/how-to-form-an-investment-program-portfolio). \n\nWe wish you happy investing Visioners!",
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      "author": "genesisvision",
      "permlink": "how-to-form-an-investment-program-portfolio",
      "title": "How to Form an Investment Program Portfolio",
      "body": "Any respectable investor should have his portfolio well-built. In order to make a portfolio both efficient and profitable, it must be as diverse as possible. With this we will increase the profitability and in-turn reduce the risk of losing our investment.\n\n![Briefcase.jpg](https://cdn.steemitimages.com/DQmU6eR3UhLqHN8t8b2FESZpvTjqQE1o42GEb3TYaaJ8i8s/Briefcase.jpg)\n\n## What should a portfolio consist of?\n\nThe portfolio is formed from different accounts of Genesis Vision managers. It can include aggressive, medium and moderate risk accounts.\n\nIn order to ensure the most efficient operation and profitability of the portfolio, it should include the largest number of accounts that differ from each other. It might sound counterintuitive, but you never know how a certain program will behave, so it’s better to reduce the volatility by differentiating over a wide range of different managers.\n\nTo reduce risks and obtain a stable profit, it is advisable to give preference to conservative accounts. You should also differentiate the monetary amounts, as well as the duration of the investment.\n\nAn investment program with an aggressive strategy is also worth including, since in the end it just might garner the highest profit. Even if for some reason an aggressive account ultimately does not meet our expectations, a portfolio with conservative risks will hopefully be able to recuperate your losses. \n\nIt is also recommended not to miss out on young investment programs that were created not so long ago and have not yet been able to show their full potential. It’s also necessary to add a certain amount of moderate accounts to your portfolio while doing this in order to dilute the conservative and aggressive ones. \n\n*The profitability and efficiency of your investments will directly depend on the choices you’ve made during the portfolio formation. The larger and more diverse the portfolio is, should be better. This will allow you to correctly share the risks and consistently receive income.*\n\nMake sure to check out the previous advice [here](https://blog.genesis.vision/how-to-choose-the-best-time-to-enter-the-investment-program-fdface8601f4).\n\n**See you next time!**",
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{
  "trx_id": "76ab3f4f930f7dff34b7c54bb201468bc51b4bf2",
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      "author": "genesisvision",
      "permlink": "investment-advice-6-how-to-choose-the-best-time-to-enter-the-investment-program",
      "title": "How to choose the best time to enter the investment program",
      "body": "![Clock.jpg](https://cdn.steemitimages.com/DQmeTFdKjFhTNBtF3LAdXQD9SHeXjb2DFHdKhskR17eb3mP/Clock.jpg)\n\nFew investors know that to maximize your chance of “making a profit”, you need to choose the right time to enter the program. The fact is that the yield of the investment program is not a constant value, and it may drop off right after your entry. You will not find a single manager, whose chart looks like an infinite upward staircase so how can you choose the right moment and invest competently? I hear you ask...\n\n**First off**, you’ll need to assess the history of the trading manager. Let's look at two cases: with a history of 1 to 3 months and with a history of 3 months. The reason for this division is that it is rather difficult to assess the prospects for a \"young\" account, and as you may already be aware, there will only be “young” accounts during the first month after the full platform release. \n \nThe peak of profitability determines the appropriate time to start an investment in an investment program. So in-turn you’ll need to look at the account with a history of up to 3 months. If the manager did not have a single drawdown, which is almost impossible, the program is at its all-time high. This means that the yield of the investment program will probably start to decline soon, and you will likely lose a part of your investment. \n\nLike traditional ratios, the peak of profitability does not always help when evaluating young investment programs. In such case reading a description of the investment program in order to understand the trading patterns and strategies of the particular manager might be the most rewarding.\n \n![graph.jpg](https://cdn.steemitimages.com/DQmW9bDiXKMvSPf2pSYGzizafpaiB1haMgtrZu7u4scKv3o/graph.jpg)\n\nIf you decide to invest in an investment program with a substantial history, then it is much easier to determine the best time to enter said program. You need to look at the chart in its entirety or look at the statistics to find the maximum level of profitability on an all-time basis. If at the moment the account is above this level, then this is not the best time for investment. As in the case of a \"young\" investment program, a quick drawdown can begin immediately after the entry.\n \nThe period when the drawdown of the account does not exceed the historical maximum and is at an average level is ideal for entry. From that moment, correction and subsequent growth may have already begun so that you can get a nice profit. \n\nIf the account experiences the first drawdown in its trading history, then the risks are quite high as well. Naturally, it would be better if you did not invest when the current drawdown is much lower than the usual level.\n\nIf you want to catch up on previous advice, you can do so by following [this link](https://steemit.com/crypto/@genesisvision/high-numbers-are-not-of-high-priority). \n\nHave an awesome second half of the week, and we will see you next Wednesday with another part of advice!",
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      "title": "Investment Advice #6: How to choose the best time to enter the investment program",
      "body": "![Clock.jpg](https://cdn.steemitimages.com/DQmeTFdKjFhTNBtF3LAdXQD9SHeXjb2DFHdKhskR17eb3mP/Clock.jpg)\n\nFew investors know that to maximize your chance of “making a profit”, you need to choose the right time to enter the program. The fact is that the yield of the investment program is not a constant value, and it may drop off right after your entry. You will not find a single manager, whose chart looks like an infinite upward staircase so how can you choose the right moment and invest competently? I hear you ask...\n\n**First off**, you’ll need to assess the history of the trading manager. Let's look at two cases: with a history of 1 to 3 months and with a history of 3 months. The reason for this division is that it is rather difficult to assess the prospects for a \"young\" account, and as you may already be aware, there will only be “young” accounts during the first month after the full platform release. \n \nThe peak of profitability determines the appropriate time to start an investment in an investment program. So in-turn you’ll need to look at the account with a history of up to 3 months. If the manager did not have a single drawdown, which is almost impossible, the program is at its all-time high. This means that the yield of the investment program will probably start to decline soon, and you will likely lose a part of your investment. \n\nLike traditional ratios, the peak of profitability does not always help when evaluating young investment programs. In such case reading a description of the investment program in order to understand the trading patterns and strategies of the particular manager might be the most rewarding.\n \n![graph.jpg](https://cdn.steemitimages.com/DQmW9bDiXKMvSPf2pSYGzizafpaiB1haMgtrZu7u4scKv3o/graph.jpg)\n\nIf you decide to invest in an investment program with a substantial history, then it is much easier to determine the best time to enter said program. You need to look at the chart in its entirety or look at the statistics to find the maximum level of profitability on an all-time basis. If at the moment the account is above this level, then this is not the best time for investment. As in the case of a \"young\" investment program, a quick drawdown can begin immediately after the entry.\n \nThe period when the drawdown of the account does not exceed the historical maximum and is at an average level is ideal for entry. From that moment, correction and subsequent growth may have already begun so that you can get a nice profit. \n\nIf the account experiences the first drawdown in its trading history, then the risks are quite high as well. Naturally, it would be better if you did not invest when the current drawdown is much lower than the usual level.\n\nIf you want to catch up on previous advice, you can do so by following [this link](https://steemit.com/crypto/@genesisvision/high-numbers-are-not-of-high-priority). \n\nHave an awesome second half of the week, and we will see you next Wednesday with another part of advice!",
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      "title": "High numbers are not of high priority",
      "body": "![Preview](https://i.imgur.com/LMcvUQR.jpg)\nThe closer we are to the release date, the more the question arises of how to choose a proper manager.  **This choice is of paramount importance.** \n\nLet’s imagine, that a random Genesis Vision investor had a troubling experience with investing in the past. Our hypothetical investor already lost his fair share of funds, trying to master investment, but that ultimately resulted with a loss.\n\nWhat will this disappointed investor look for in the first instance now he’s found the Genesis Vision platform? \n\nWe think it’s fair to say, that he would look for an investment program that has the largest percentage of profit in the shortest period. And that is quite understandable - a person has lost some of his hard-earned funds and he wants to return them quickly.\n\nHowever, a **big profit percentage almost always means that there is also a high level of risk, associated with that particular investment program.** \n\n![Divider](https://i.imgur.com/KacElZG.jpg)\n\nIt is important to understand that asset managers are just like regular traders, just with a much higher level of skill. However, they are just as susceptible to psychological breakdowns. And the **first sign** of the instability and exposure of the manager to risk is the **\"maximum drawdown\"** indicator. **The smaller the figure, the better.** If a manager uses more than 30% of the overall deposit for trading, then it’s worth being cautious, since such trades carry huge risks. \n\nDrawdown can also go off scale if the manager does not use stop loss. Such accounts should understandably be treated with caution. Next thing we wanted to talk about is the profit and loss in points. **The more profit in points, the more attractive the account becomes.** \n\nBut the profit-loss ratio should outweigh the profits. If the profit in points is less than the loss in points, but there is a gain in monetary equivalent, this also indicates the manager's commitment to risk. \n\nYou can always catch up on the latest advice by following [this link](https://steemit.com/crypto/@genesisvision/fishing-our-best-investment-programs). Thank you for tuning in, and as always we will see you next week with another piece advice!",
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      "body": "![Preview](https://i.imgur.com/FVwXDql.jpg)\n\nIn today's advice, we’ll be introducing you to  a ratio with a fishy sounding name - the **Calmar ratio**, which in the opinion of many investors, solves quite complex problems when choosing an investment.\n\nAll investments come with a degree of risk and having a way to measure that risk is an important part of making a sound investment decision. This is why many investors find the Calmar ratio so useful. \n\n## So what actually is it?\n\nWell, the Calmar ratio is a formula used to measure a hedge fund's (investment program in our case) performance relative to its risk. It's calculated by taking a hedge fund's average annual rate of return, typically over a three-year period, and dividing it by the fund's maximum drawdown capability.\n\nThe Calmar ratio is one of the most popular indicators of the effectiveness of an investment program. However, this indicator is inherent in one drawback; namely - there is no time-binding.\n\n> For example if the account stagnated for a year with zero profitability, and in the last month the trader accidentally got > on a good wave and earned a lot of profit, then the Calmar ratio can indicate a great manager's performance, although > in reality the strategy is unprofitable.\n\n![Formula](https://i.imgur.com/DqnlRLS.jpg)\n\nThe formula is based on the so-called compound profit percentage, which is formed over a long period of trading (1-3 years for instance), and the duration of a stable trade is one of the primary indicators of the viability of performance..\n\nThis is why **we won’t be implementing this ratio right from the get-go**. You can still vote, if you want to see this ratio in the future, but the last thing we would want is to add a ratio, that will misinform our investors. Hence, we’ve decided that we might add this lovely little ratio to our platform in a few years when the managers will actually have enough data and trading history for this ratio to work as is intended. \n\nIf the ratio appears on our platform - here is a rule of thumb on how to use it: the minimum value of the Calmar ratio must be at least 3, because otherwise the strategy is not viable, meaning the drawdown and risks are much higher than the profit to be sought.\n\nIf you want to catch up because you’ve missed any of our advice so far, you can do so [here](https://steemit.com/crypto/@genesisvision/sortino-ratio) \nThank you for tuning in, and until the next time!",
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      "body": "@@ -852,20 +852,20 @@\n **%0A%0A\n+%3E \n Where:%0A\n-**X**\n+%3E X\n  is \n@@ -883,14 +883,12 @@\n ent%0A\n-**rx**\n+%3E rx\n  is \n@@ -923,14 +923,12 @@\n f X%0A\n-**Rf**\n+%3E Rf\n  is \n@@ -986,18 +986,18 @@\n curity %0A\n-**\n+%3E \n StdDev(x\n@@ -997,18 +997,16 @@\n tdDev(x)\n-**\n  is the \n",
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      "title": "Sortino ratio",
      "body": "![Коэффициент.gif](https://cdn.steemitimages.com/DQmeouY4eVRh6qfWXJafrhJ2RFMeLbGXXHiKwSNNtXEtWG9/%D0%9A%D0%BE%D1%8D%D1%84%D1%84%D0%B8%D1%86%D0%B8%D0%B5%D0%BD%D1%82.gif)\n\n# Sortin’ out investment programs\n\nToday we wanted to talk about a beautiful addition to the Sharpe ratio - a **Sortino ratio**.\n\nBut you know what? This time we are upping the game a little! We won't only inform you about the basics of choosing the best manager, but we will also vote, whether you want this functionality on the platform! \n\nEven though we already know the results of the vote - because why wouldn't you want some new bells and whistles attached to your platform of choice? - It's still nice to have that very choice.\n\nAnother risk-adjusted return measure - the Sortino ratio enters the ring. Many specialists say that this one is much more useful than Sharpe ratio for two reasons:\n* It uses downside deviation as the denominator instead of standard deviation because the standard deviation does not discriminate between up and down volatility.\n* Also, the Sortino ratio only penalises for “harmful” volatility. The Sortino ratio discards any upside deviation – the “excessive” profit.\n\n### Here is the formula:\n> (Rp – Rf) / σd\n> Rp = expected portfolio returns\n> Rf = risk-free interest rate\n> σd = downside deviation of the portfolio\n\nWithout going into further detail, in general the Sortino ratio helps you to determine what is the reason behind a successful manager: smart investments or excessive risks. \n\nIf you  wanted to see such a ratio on the platform,  for example an investment program with a Sortino ratio of **1.53** would probably show better long-term results, than an investment program with a ratio of **0.97**. \n\nWhile it is still a bad idea to completely trust one measuring tool for your investment making sake, when used in conjunction with other measures, the Sortino ratio might help you develop a strategy that matches your risk tolerance and therefore the desired profit rates.\n\nYou can read the previous advice right [over here](https://steemit.com/crypto/@genesisvision/sharpen-your-decision-making), and we will see you next week with another \"fishy\" risk-return measure contender.\n\nYou'll get the \"fishy\" part next week. See ya!",
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      "body": "Congratulations @genesisvision! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :\n\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/voted.png)](http://steemitboard.com/@genesisvision) Award for the number of upvotes received\n\n<sub>_Click on the badge to view your Board of Honor._</sub>\n<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>\n\n\nTo support your work, I also upvoted your post!\n\n\n**Do not miss the last post from @steemitboard:**\n[SteemitBoard and the Veterans on Steemit - The First Community Badge.](https://steemit.com/veterans/@steemitboard/steemitboard-and-the-veterans-on-steemit-the-first-community-badge)\n\n> Do you like [SteemitBoard's project](https://steemit.com/@steemitboard)? Then **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!",
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      "body": "![Sharpe](https://i.imgur.com/GDZofZy.jpg)\n\nSharpe ratio won’t be anything new for those of you who read all of the information we put out. You may have stumbled upon this definition in one of our previous articles talking about the future UI of the platform. But today we wanted to talk about a bit more in depth - After all, it is one of the main risk/return measures, not only in finance, but on the Genesis Vision platform as well. \n\nAs usual we would like to keep it short, informative and useful. \n\nThe ratio is used to describe how much excess return you are receiving for the extra volatility that you endure for holding a riskier asset. Remember, you always need to be properly compensated for the additional risk you take for not holding a risk-free asset.\n\nFor all of those wondering - here is the formula:\n\n**S (x) = (rx - Rf) / StdDev (x)**\n\nWhere:\n**X** is the investment\n**rx** is the average rate of return of X\n**Rf** is the best available rate of return of a risk-free security \n**StdDev(x)** is the standard deviation of rx\n\nWe would go into more even more detail, dissecting the formula, but if we are being completely fair and honest - you don’t need that. Since everything is already calculated for you, you simply need to remember the general rule of thumb, which reads as follows: “a Sharpe ratio of more than 1 is considered to be a good risk-adjusted return, 2 or better is a great one, and 3 and over is excellent.”\n\nThe risk must always be addressed along with the reward when you are looking to choose your investments. The Sharpe ratio can help you determine the investment choice that will deliver the highest returns while considering risk, so keep your eye out for investment programs with high Sharpe ratios if you want your risk properly adjusted!\n\nYou can also catch up by reading our previous [advice here.](https://steemit.com/investment/@genesisvision/investment-advice)\n\nUntil the next time, visioners!",
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      "body": "Congratulations @genesisvision! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :\n\n[![](https://steemitimages.com/70x70/http://steemitboard.com/notifications/firstpayout.png)](http://steemitboard.com/@genesisvision) You got your First payout\n\n<sub>_Click on the badge to view your Board of Honor._</sub>\n<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>\n\n\n\n**Do not miss the last post from @steemitboard:**\n[SteemitBoard and the Veterans on Steemit - The First Community Badge.](https://steemit.com/veterans/@steemitboard/steemitboard-and-the-veterans-on-steemit-the-first-community-badge)\n\n> Do you like [SteemitBoard's project](https://steemit.com/@steemitboard)? Then **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!",
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