Show Posts
Has anyone tried algo trading cryptos? If yes, what do you think compared to normal stocks? Did you use algos based on the popular ones or some exotic algos? Basically, anything you have to say about algorithmic trading, feel free to say.
For a while I ran a website that used artificial neural networks to make predictions about bitcoin price. When I back-tested it historically it performed pretty well. I did not try trading based on it, but other people did. Based on the feedback I got, it would seem like most people profited but some people did not. I think using algorithms or ai for trading can work, but I would bet that 99.99% of what you find out there will not consistently outperform the crypto market.
Wait, so your neural network algorithm worked for trading predictions? AFAIK, traders were having serious problems trading with ML or maybe just deep learning. Nice to know it works.
