> For the complete documentation index, see [llms.txt](https://docs.maicrotrader.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.maicrotrader.com/4.-open-beta/4.1-live-strategy-overview.md). # 4.1 Live Strategy Overview Rather than taking a bet on whether crypto markets (or a specific coin) will go up, we are taking a bet that some coins will do better than others. Built by two Finance PhDs with extensive quantitative trading experience and published research, the **system addresses a fundamental challenge in digital asset markets: generating consistent returns in both bull and bear market conditions.** Whereas the price of any given cryptocurrency may be determined, for example, by conditions in the overall stock market, monetary policy or general investor sentiment, we are betting instead that certain crypto are going to perform relatively better or worse. Thus, even if the markets fall as a whole, the strategy may continue to perform consistently. Of course, if the crypto markets face a bull market, the hedged exposure means that our strategy may not catch that uptrend, instead profiting only on differences between different cryptocurrencies. In either case, our thesis is that if our trading strategy performance behaves like its backtest period, the strategy should consistently deliver returns in bull and bear markets. While all investors would benefit from being buy-and-hold investors in crypto (as well as other assets), the returns of this strategy should be highly complementary to a buy-and-hold strategy and should see attractive diversification benefits in their portfolio. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://docs.maicrotrader.com/4.-open-beta/4.1-live-strategy-overview.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.