Comparing Crypto Baskets and Strategies with Backtests and Paper Trading
Summary
This guide describes a workflow for exploring crypto investments: select a themed basket, compare available strategies, review each strategy's stated idea, and inspect its historical profit chart. Baskets group cryptocurrencies by a shared theme or market-capitalization criterion, which can simplify choosing a collection of assets. Strategy charts are produced by running the strategy on historical data, and the guide says displayed performance is recalculated weekly.
Users can also build strategies visually through a TradingView connection, then try a strategy or basket with simulated funds before linking it to a real exchange account. These features explain how to browse, review, and trial strategies, rather than offering a specific trading signal or portfolio method. Historical charts and paper trading do not establish future results, and the guide provides no independent performance analysis or details about fees, slippage, or the limits of its backtests.
Key ideas
- A crypto basket groups assets by a theme or market-capitalization criterion.
- The guide recommends comparing strategy descriptions and historical profit charts when exploring options.
- Strategy charts are generated from historical data and are said to be refreshed weekly.
- Strategies can be built through a visual TradingView connection and tried with simulated funds.
- Historical simulations and paper trading do not establish how a strategy will perform with real funds.
Tags
Full text
# Find the best investment for you
---
title: "Find your investment"
description: "Learn how to explore, compare and find or create the best trading strategy for you on OctoBot cloud."
sidebar_position: 4
---
# Find the best investment for you
Many investments are available on [octobot.cloud](https://www.octobot.cloud/). Some of them are
created by the OctoBot team, others are made by the community.
The goal of OctoBot cloud is to help you find the perfect investment for you according to your own goal.
Finding your ideal investment can be hard. That's why the try to make it as simple as possible to:
- Choose a crypto basket theme
- Compare strategies
- Understand the idea of each strategy
- Access past performances of each strategy in a transparent manner
## Crypto basket theme
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[Many crypto baskets](https://www.octobot.cloud/features/crypto-basket) are offered on OctoBot cloud. A crypto basket is a collection of different cryptocurrencies that share a common theme. These baskets allow you to invest in the cryptocurrencies that interest you or simply in the cryptocurrencies with the highest market capitalization ('the top crypto').
Using these baskets allows you to avoid having to individually choose each cryptocurrency to buy and profit from the next increase in value of a cryptocurrency within the basket.
## Strategies details
Each strategy has a historical profit chart. This chart is generated by running the strategy with
historical data on the displayed time period.
> Note: Profit charts are generated using [OctoBot backtesting](/guides/octobot#optimize-your-octobot-using-backtesting)
For maximum transparency, each strategy performance is re-evaluated every week. This ensures
that displayed performance are always up to date with the current market.
## Creating your strategy
You might prefer to create your own trading strategy rather than using OctoBot cloud ready-to-go strategies.
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For this purpose, OctoBot connects to TradingView to enable you to create your strategy on TradingView is a way that is:
- **Clear and appealing**: no coding skills required as TradingView provides a simple visual way to create the strategy.
- **Adapting to the investor** level of expertise: OctoBot cloud enables the best strategies for you as an investor. If for someone this means trading on price targets or using a complex combo of indicators, we work on making it possible and easy to do.
- **Simple to follow and monitor**: your always know what trades are open, what can happen next and what happened in the past.
Check out the [TradingView automated trading guide](tradingview-automated-trading) to know more about how to create your strategy using OctoBot cloud.
## Using the investment you found
Once you identified the investment you would like to use, you have 2 possibilities:
- Test it with [paper trading](paper-trading-a-strategy): start an OctoBot with simulated funds and test the strategy or the crypto basket as much as you want. Paper trading is risk free.
- Use it with [real funds](invest-with-your-strategy): start an OctoBot on your real exchange account and start profiting from the strategy or the crypto basket.Shown in full with attribution under the source's licence. Licence: GPL-3.0
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.