Every line is calculated from daily closing prices. For crypto-assets we use closing prices from Binance; for funds and ETPs, from –. Funds priced in US dollars are converted at the daily ECB reference rate. In Victory's backtested section, we deduct a 0.25% trading fee on every buy and sell (Bitpanda, October 2026). The funds' own costs are already reflected in their prices. We do not publish the model's rules. The live section since the 2026 launch is not a calculation: it comes from the actual daily balance of the Bitpanda account. No line includes taxes.
Dashed line: the period before live launch, which the model calculates back from historical prices. Solid line: real results since live launch.
The model was developed and tested on prices available since 2018; it went live in 2026 and has been running since with unchanged rules and real money, and its live results can be compared with the model on this page at any time.
The model was verified over the entire period since 2018, at several fee levels and in several hundred test runs; live operation is continuously compared with the model on this page.
Victory's results include a 0.25% trading fee on every buy and sell (Bitpanda, October 2026). You can change the fee. the backtested section is estimated from pre-computed fee levels; higher fees assume the same trades.
All values in EUR / HUF / USD / GBP, converted at the European Central Bank's daily reference rates. Returns are shown in % relative to the first day of the selected period.
Hypothetical simulation on historical prices with the fee you set. Excludes taxes and spreads. Not a recommendation and not tailored to your situation.