# What is QuantCheck?
QuantCheck is a platform designed specifically for crypto backtesting. Backtesting allows you to test your trading strategies against historical market data. Imagine a time machine for your trades – you can see how your strategy would have performed in the past, under various market conditions. This invaluable insight empowers you to:
# Purpose of QuantCheck:
Revolutionizing Crypto Backtesting: QuantCheck is specifically designed for crypto backtesting, providing traders with a tool to test their strategies against historical market data.
Empowering Traders: It allows users to evaluate how their strategies would have performed in the past under different market conditions.
# Functions of QuantCheck:
Refining Trading Approaches: Users can identify strengths and weaknesses in their strategies before risking real capital, enabling them to refine their approach.
Effective Risk Management: Backtesting highlights potential pitfalls, helping traders implement safeguards and protect their funds by managing risk effectively.
Boosting Confidence: Successful backtesting results instill trust in traders' strategies, fostering disciplined execution during live trading.
# Utility of QuantCheck:
Data-Driven Trading Edge: By analyzing historical performance, users gain valuable insights into their strategy's effectiveness, allowing them to develop a data-driven edge in the market.
Optimization of Strategies: Traders can fine-tune entry and exit points, adjust parameters, and tailor their approach for optimal performance based on insights gained from backtesting.
Objective Decision Making: Backtesting minimizes emotional influence by fostering a more objective and disciplined approach to trading, reducing the likelihood of impulsive decisions.
Where is QuantCheck available for purchase?
You can exchange QTK tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading QuantCheck is MEXC, notably the QTK/USDT pair, which saw a trading volume of $ 765.39 in the past day.
What is the highest value QuantCheck (QTK) has ever reached?
QuantCheck (QTK) reached its peak price at 0.8153 $ on 02 June 2024, approximately a year ago ago. Presently, the current price is -99.91% lower than this all-time high.
What is the historical minimum price for QuantCheck (QTK)?
The minimum price reached for QuantCheck (QTK) was 0.0003598 $, documented on 19 December 2024, more than 9 months ago. In comparison, the current price is 86.47%, it above this historical low.
What is the fully diluted valuation of QuantCheck (QTK)?
The fully diluted valuation (FDV) of QuantCheck (QTK) stands at $ 81,020. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 483,000,000 QTK tokens. The realization of this FDV might take several years depending on the emission schedule of QTK tokens.