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Author Topic: Machine Learning and Data Analytics for Cryptocurrency Traders  (Read 58 times)
thecuriouscode (OP)
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November 17, 2020, 12:39:44 PM
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Hi everyone,

I am a programmer and out of hobby, I coded a platform for market data analytics of all cryptocurrencies to provide valuable insights to cryptocurrency traders. Also I built super amazing Machine Learning features in that platform like sentiment analysis of all data on social media to know which cryptocurrencies are trending. It may be possible that this all information can increase profits for cryptocurrency traders. I am thinking to convert this code into some product or something which i can use to make extra money. I am posting a screenshot below.

https://i.ibb.co/4WG80nM/cryptobrainproject.jpg

Tell me some ideas and suggestions. I am thinking to make this platform commercially available based on users, or I can sell the code directly one time to a person.
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Joel_Jantsen
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November 17, 2020, 01:10:36 PM
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Why can't you use your tool to do sentiment analysis and predict which currency can go higher and invest in that currency? You don't need to sell your code as it can potentially make you rich right? Selling it is like giving the magic lamp you found to someone else.

Keep your product to yourself and show us your incremental profit graph. Smiley 
thecuriouscode (OP)
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November 17, 2020, 05:35:00 PM
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Sentiment analysis just provides some extra information which can help an expert trader to trade better. I am not a trader or investor, I dont understand basics of that. You need to be good in that , then only some codes and tools can help your decision making.
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November 17, 2020, 11:07:23 PM
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1)   What do you mean by all social media?

2)  You'll need to collect a few million sentiment/crypto price data pairs, then you don't need to know anything about trading.

Are you sure you understand ML?


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November 18, 2020, 11:31:52 AM
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Sentiment analysis just provides some extra information which can help an expert trader to trade better. I am not a trader or investor, I dont understand basics of that. You need to be good in that , then only some codes and tools can help your decision making.

Then you are offering this in the wrong way. Insights, market analysis, and financial information are usually sold to institutional investors and not to independent investors, that's why some financial information companies are selling their products exclusively to commercial/institutional investors only. If you want your code to be more valuable I suggest you start looking for companies that will be interested in what you are offering since financial information is really valuable to them.
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