I have joined The Leap paper trading competition. The account balance has changed from 250000 to 261992 in one month. I got a email from TradingView: "You accomplished something great: you had a profitable account of at least 1% in our first-ever paper trading competition and you won a FREE month of TradingView on us. This perk will be automatically applied to...
In my long-term strategy, I have deeply explored the key factors influencing the price of Bitcoin. By precisely calculating the correlation between these factors and the price of Bitcoin, I found that they are closely linked to the value of Bitcoin. To more effectively predict the fair price of Bitcoin, I have built a predictive model . Based on historical...
In our long-term strategy, we have deeply explored the key factors influencing the price of Bitcoin. By precisely calculating the correlation between these factors and the price of Bitcoin, we found that they are closely linked to the value of Bitcoin. To more effectively predict the fair price of Bitcoin, we have built a predictive model and adjusted our...
BITSTAMP:BTCUSD The Bitcoin is entirely speculation? Fundamentals support the price of it? The Bitcoin is not entirely speculation, it is the price of the fundamentals. The Bitcoin factor indicator is calculated by Bitcoin fundamental factor, it can reflect how much of the Bitcoin price is supported by the fundamentals. The green line is the Bitcoin factor in...
BITSTAMP:BTCUSD Can't you invest Bitcoin for it's price fluctuations too big ? I backtest the Bitcoin long-term strategy using historical data in 7 years, total return is 101, maximum drawdown is 35%, annualized sharpe ratio is 1.99. In the chart above, the yellow line is the net value of account, $10000 in the January 1, 2015, to 1.02 million dollars in November...
BITSTAMP:BTCUSD How much the Bitcoin fundamentals can explain the price of the Bitcoin ? My latest research shows that the new Bitcoin factor can explain 92% of the the logarithm of Bitcoin price. The Bitcoin factor indicator is calculated by Bitcoin fundamental factor, it can reflect how much of the Bitcoin price is supported by the fundamentals. The green line...
BITSTAMP:BTCUSD Can't you invest Bitcoin for it's price fluctuations too big ? I backtest the Bitcoin long-term strategy using historical data in 10 years and new Bitcoin factor indicator, total return is 23K, maximum drawdown is 41%, annualized sharpe ratio is 3.27. In the chart above, the yellow line is the net value of account, $10000 on October 1, 2011, to...
BITFINEX:LTCUSD If Bitcoin is the analogy for "gold", Litecoin is the analogy for "silver", now the fundamentals of the Litecoin suggest to buy or sell? My latest research shows that the Litecoin factor can explain 88% of the the logarithm of Litecoin price. The Litecoin factor indicator is calculated by Litecoin fundamental factor, it can reflect how much of...
BITSTAMP:BTCUSD I have studied 10 years history data of Bitcoin. And I have done the Linear Regression with a fundamental factor. The prediction accuracy of Bitcoin price is 88%. 10 years cumulative return 56k times. If you invested in this strategy for 10k$, you will get 560 million US dollars in 2021. The max drawdown is 62%. The blue line is alert indicator,...