I am using a linear regression model with function (as of today) "f(x) = 10^(x*0011641)
Is this an exponential regression? And the predictor is only the number of days? C'mon man!Yes. The beauty is it`s simplicity and high effectiveness and high accuracy. The root mean squared of the given equation is considered very high. I could use more complex models and even machine learning or so called black box methods with neural networks that might give us some short term predictions but not in any way are they more accurate in long term predictions. If you take for example Moore`s law- you would have been able to predict todays computing power with very good precision in 1975. Just like computer chips, Bitcoin is a technology and it`s real value (not price) increases at a constant pace. Regardless of that, I will still update this thread with more models and will give out some trading strategies with backtested logs. The purpose of this thread is to help folks make more educated decisions and reduce risk. I highly recommend subscribing, there is a lot more to come.