Bitcoin Forum
May 03, 2024, 08:57:21 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 3 »  All
  Print  
Author Topic: Ideal buy/sell strategy for maximizing profit  (Read 3023 times)
K128kevin2 (OP)
Sr. Member
****
Offline Offline

Activity: 322
Merit: 250


View Profile
June 11, 2014, 08:34:34 PM
 #1

http://www.btcpredictions.com/BuySellIndicator.php

This is the beta version of a buy/sell strategy that I've been working on. You can sign up and see the buy/sell prices that it sets for free. The prices are updated every hour.

This system uses a neural network to predict the highest and lowest bitcon price over the next 24 hours, and these values are mainly what is used to determine the buy/sell values. Testing this strategy on historic data yielded an average profit of about +29% per month, which is 2-3 times as much as buying and holding.

Sometimes it does lose money. Of the 31 30-day periods tested, it lost money during 9, broke even during 5, and gained money during the other 17. However keep in mind that this is still all predictive, so there is no guarantee of anything.

This data is available free for now, but there may be a small monthly fee in the future. Also remember that this is the beta version. I haven't tested the site's functionality much yet and I'm still pretty new to web design, so there may be some errors.
1714769841
Hero Member
*
Offline Offline

Posts: 1714769841

View Profile Personal Message (Offline)

Ignore
1714769841
Reply with quote  #2

1714769841
Report to moderator
1714769841
Hero Member
*
Offline Offline

Posts: 1714769841

View Profile Personal Message (Offline)

Ignore
1714769841
Reply with quote  #2

1714769841
Report to moderator
1714769841
Hero Member
*
Offline Offline

Posts: 1714769841

View Profile Personal Message (Offline)

Ignore
1714769841
Reply with quote  #2

1714769841
Report to moderator
TalkImg was created especially for hosting images on bitcointalk.org: try it next time you want to post an image
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714769841
Hero Member
*
Offline Offline

Posts: 1714769841

View Profile Personal Message (Offline)

Ignore
1714769841
Reply with quote  #2

1714769841
Report to moderator
1714769841
Hero Member
*
Offline Offline

Posts: 1714769841

View Profile Personal Message (Offline)

Ignore
1714769841
Reply with quote  #2

1714769841
Report to moderator
bitcoinsrus
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500



View Profile
June 11, 2014, 08:37:42 PM
 #2

Great update
Gingermod
Full Member
***
Offline Offline

Activity: 238
Merit: 100


View Profile
June 11, 2014, 08:49:15 PM
Last edit: June 13, 2014, 01:06:23 AM by Gingermod
 #3



I've visited the activation link a couple times
dpa3v9n+57o9mc@sharklasers.com
K128kevin2 (OP)
Sr. Member
****
Offline Offline

Activity: 322
Merit: 250


View Profile
June 11, 2014, 08:52:28 PM
 #4



I've visited the activation link a couple times

Hmm that's weird, I'll look into that. Sorry about that.
K128kevin2 (OP)
Sr. Member
****
Offline Offline

Activity: 322
Merit: 250


View Profile
June 11, 2014, 08:55:05 PM
 #5

I just manually activated your account. It should work now. Not sure why it wasn't working before.
dannyspk
Sr. Member
****
Offline Offline

Activity: 341
Merit: 250


View Profile
June 11, 2014, 09:27:28 PM
 #6

No verification link sent.
Gingermod
Full Member
***
Offline Offline

Activity: 238
Merit: 100


View Profile
June 11, 2014, 09:31:15 PM
 #7

I just manually activated your account. It should work now. Not sure why it wasn't working before.

Thanks
K128kevin2 (OP)
Sr. Member
****
Offline Offline

Activity: 322
Merit: 250


View Profile
June 12, 2014, 12:38:07 AM
 #8

No verification link sent.

Sorry about that, are you using hotmail? Hotmail blocks my emails for some reason. Whatever you are using, just send me an email (btcpredictions@gmail.com) from the email you used to activate the account and I will send you an activation link.
sgbett
Legendary
*
Offline Offline

Activity: 2576
Merit: 1087



View Profile
June 12, 2014, 01:07:49 AM
 #9

No verification link sent.

Sorry about that, are you using hotmail? Hotmail blocks my emails for some reason. Whatever you are using, just send me an email (btcpredictions@gmail.com) from the email you used to activate the account and I will send you an activation link.

http://en.wikipedia.org/wiki/Sender_Policy_Framework for all your hotmail whitelisting infos

"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto
*my posts are not investment advice*
BTC2DAMOON
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
June 12, 2014, 01:51:47 AM
 #10

I registered but didn't get an activation link.
K128kevin2 (OP)
Sr. Member
****
Offline Offline

Activity: 322
Merit: 250


View Profile
June 12, 2014, 02:29:02 AM
 #11

http://en.wikipedia.org/wiki/Sender_Policy_Framework for all your hotmail whitelisting infos

Thanks for the resource, I'll check this out and try to fix the problem!

I registered but didn't get an activation link.

Sorry about that! Send an email to BTCPredictions.com from your email address that you used for the account and I'll activate it for you.
K128kevin2 (OP)
Sr. Member
****
Offline Offline

Activity: 322
Merit: 250


View Profile
June 12, 2014, 06:11:00 PM
 #12

I just tested the trading strategy on BTC-e data and it was actually more profitable: +33% per month instead of +29%!
Gingermod
Full Member
***
Offline Offline

Activity: 238
Merit: 100


View Profile
June 12, 2014, 06:45:57 PM
 #13

I just tested the trading strategy on BTC-e data and it was actually more profitable: +33% per month instead of +29%!

Interesting, prices are quite low there (on average)
Gingermod
Full Member
***
Offline Offline

Activity: 238
Merit: 100


View Profile
June 12, 2014, 08:47:10 PM
 #14

Interesting, seeing as your neural-network was insanely inaccurate for the month or so I was watching. And i'm talking about the shortest term data, not the long term stuff.


I just tested the trading strategy on BTC-e data and it was actually more profitable: +33% per month instead of +29%!

This is a different algorithm than the on site predictor
eshragr
Newbie
*
Offline Offline

Activity: 6
Merit: 0


View Profile
June 12, 2014, 08:53:11 PM
 #15

There is a big wall at 560. People are selling off that bought at 650.

bitcoinsrus
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500



View Profile
June 12, 2014, 08:55:26 PM
 #16

There is a big wall at 560. People are selling off that bought at 650.



How do you tell that and what site? bitcoinity? or stamps order book?
K128kevin2 (OP)
Sr. Member
****
Offline Offline

Activity: 322
Merit: 250


View Profile
June 12, 2014, 08:56:11 PM
 #17

Interesting, seeing as your neural-network was insanely inaccurate for the month or so I was watching. And i'm talking about the shortest term data, not the long term stuff.

As Gingermod said, it is a different neural network. Also I don't know what neural network you were watching lol but the one on my site has never in any period of its life been "insanely inaccurate". It has been inaccurate about some major price movements but it has been accurate about major price movements even more often. At any rate, it certainly hasn't ever been insanely accurate. Actually during the time when the price was rising a few days ago it was very accurate.

There is a big wall at 560. People are selling off that bought at 650.

The neural network has a buy set at $575 right now. I think you may be right ish. Somewhere in the mid-upper $500s I think is where it's going to stop falling for now. We'll see!
Gingermod
Full Member
***
Offline Offline

Activity: 238
Merit: 100


View Profile
June 12, 2014, 11:08:40 PM
 #18

Interesting, seeing as your neural-network was insanely inaccurate for the month or so I was watching. And i'm talking about the shortest term data, not the long term stuff.

As Gingermod said, it is a different neural network. Also I don't know what neural network you were watching lol but the one on my site has never in any period of its life been "insanely inaccurate". It has been inaccurate about some major price movements but it has been accurate about major price movements even more often. At any rate, it certainly hasn't ever been insanely accurate. Actually during the time when the price was rising a few days ago it was very accurate.

There is a big wall at 560. People are selling off that bought at 650.

The neural network has a buy set at $575 right now. I think you may be right ish. Somewhere in the mid-upper $500s I think is where it's going to stop falling for now. We'll see!

Looks like that buy went through Cheesy
K128kevin2 (OP)
Sr. Member
****
Offline Offline

Activity: 322
Merit: 250


View Profile
June 12, 2014, 11:20:16 PM
 #19

Looks like that buy went through Cheesy

Yup! Although it did go down to $550. However, I think when we look back at these charts we'll see that $575 was probably a decent price to buy at.
Gingermod
Full Member
***
Offline Offline

Activity: 238
Merit: 100


View Profile
June 12, 2014, 11:30:19 PM
 #20

Looks like that buy went through Cheesy

Yup! Although it did go down to $550. However, I think when we look back at these charts we'll see that $575 was probably a decent price to buy at.

I wonder how many people actually sold @ 550

575 was definitely much better for the sake of liquidity
Pages: [1] 2 3 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!