Thanks everyone for questions and replies, if I miss to answer something, let me know.
I've made a mistake with predictions I posted. I've found there is some error in the code and function for future prediction is not working properly.
Basically what happened, model predicted the test data, not the future, so technically it was not a prediction.
Currently, I'm able just to post next day forecast, until I fix for the multi days function.
Take a look, predictions I posted and real price for the 4 predicted days; 100% correlation.
19937.01
19381.30
20040.58
20372.07
19970.56
19323.91
20212.07
20569.92
So the prices above. Are they like the average trading price for BTC per day or there's a specific time the Bitcoin trading price is expected to be approximately close to the stated price?
After training and predictions are made, it is converted back to prices for easier reading and interpretation. By no means it is predicting exact price, it will sometimes be very close, sometimes not.
What we are interested as traders is 'trend', hence I'm looking if the price will up or down.
With such accuracy you dont need to sell your product to become very rich very fast. In fact selling this product seams irractional and raises suspicions. I coded HFT market maker by myself that was giving me decent profits. last think i would do was selling it.
Well, yes and no. To become rich with trading you need capital, either your personal or seeded one from investors. I'm trading my own money right now, as I have no guts to trade other people money.
Frankly, I would never sell the system; code and logic behind it, but information in sort of forecasts - why not?
If you succeed in developing such a tool, you will be rich in a short time. All you have to do is take a loan and then buy and sell, and since you will know the best time to buy and sell during the next four days, day trading for you will be very profitable.
That sounds very simple, but is far away from reality. Even if the forecasts are good, there is yet to build trading strategy and risk management framework for very profitable trading.
What do you mean by loan, raising money from investors or taking the loan from the banks?
As for trying to sell such a service, you will find it difficult to do so in the forum.
Post constant price updates prediction and gain trust, and then you may raise money.
I'm not selling anything, yet. I started thread to see opinions and sentiment on the topic - if there is good interest and I manage to provide good forecasts, then it is mutual benefit.
Yes, I'll post regular forecasts, when I finish fixing sequence prediction = more than one day into the future.
That will actually be a brilliant idea. Taking a loan, buy and sell to make lots of profits before the loan pay back day.
But If actually this A.I has a success percentage rate of 40% to 60% then I will love to ask, please where have you been since last month from 10th to 16th June 2022 when the price of Bitcoin starting falling from $30k to $20k, because I think if this A.I tool was close to being accurate, that would have been the best time for you to have shot your shut, because am sure by now people from all around the world would have been looking for you for your A.I tool, but however, a prediction sometimes may not be accurate and that's why it's call prediction, but moreover I wish you the best as you work more on your project and come to give us update anytime soon
Loan from the crooked banks is a big no. Raising money from investors, maybe.
Well, sadly I was developing the system at the time of the fall. Would also like to test the performance in that period.