Program for automatic portfolio rebalancing?!

sores

newbie

Activity: 20

Merit: 0

Quote from: deisik on March 14, 2015, 02:03:15 PM

Quote from: timgri on February 18, 2015, 05:52:34 PM

Hello!

I would love to have an application - kind of like a bittorrent client - that would automatically rebalance a portfolio with a number of cryptocurrencies. I would like to be able to choose which currencies I want and also to choose the desired ratio between them.

Is there such an application out there already? If not, would it be possible to create one, maybe using the ethereum platform?

I guess you could easily do this by using a conventional spreadsheet program (something like Microsoft Excel on Windows, or LibreOffice Calc on Linux). By the way, how are you going to shuffle your cryptocurrency assets, some portfolio theory?

Any Harry Markowitz here?

²nd. Would be interesting to know. I currently add to my existing positions using a "value averaging approach" (see VA). However, so far the weights I use are equal-weight. I would like to opt for something more sophisticated Tongue

.

majeis

sr. member

Activity: 448

Merit: 250

Quote from: remnokc on March 28, 2015, 01:52:16 PM

Quote from: picolo on March 14, 2015, 08:02:11 PM

Quote from: timgri on February 18, 2015, 05:52:34 PM

Hello!

I would love to have an application - kind of like a bittorrent client - that would automatically rebalance a portfolio with a number of cryptocurrencies. I would like to be able to choose which currencies I want and also to choose the desired ratio between them.

Is there such an application out there already? If not, would it be possible to create one, maybe using the ethereum platform?

If such a program would become a popular way of investing money, this could have a stabilizing impact on the value of the cryptocurrencies, which would be really good for the industry as a whole, don´t you think???

It doesn't answer your question but you could do it yourself every week by calculating which currency(ies) you need to sell and which one(s) you need to buy.

for now that is what I am going to plan on doing, even though expensive, possibly using ShapeShift and my CexDotIo acct. or maybe just my wallets Huh

yeah, that would prolly be better!!

If you have any programming skill or willingness to learn a bit, cryptotrader.org will be your best option like joesmoe2012 recommended.

remnokc

newbie

Activity: 44

Merit: 0

Quote from: picolo on March 14, 2015, 08:02:11 PM

Quote from: timgri on February 18, 2015, 05:52:34 PM

Hello!

I would love to have an application - kind of like a bittorrent client - that would automatically rebalance a portfolio with a number of cryptocurrencies. I would like to be able to choose which currencies I want and also to choose the desired ratio between them.

Is there such an application out there already? If not, would it be possible to create one, maybe using the ethereum platform?

If such a program would become a popular way of investing money, this could have a stabilizing impact on the value of the cryptocurrencies, which would be really good for the industry as a whole, don´t you think???

It doesn't answer your question but you could do it yourself every week by calculating which currency(ies) you need to sell and which one(s) you need to buy.

for now that is what I am going to plan on doing, even though expensive, possibly using ShapeShift and my CexDotIo acct. or maybe just my wallets Huh

yeah, that would prolly be better!!

picolo

hero member

Activity: 1022

Merit: 500

Quote from: timgri on February 18, 2015, 05:52:34 PM

Hello!

I would love to have an application - kind of like a bittorrent client - that would automatically rebalance a portfolio with a number of cryptocurrencies. I would like to be able to choose which currencies I want and also to choose the desired ratio between them.

Is there such an application out there already? If not, would it be possible to create one, maybe using the ethereum platform?

If such a program would become a popular way of investing money, this could have a stabilizing impact on the value of the cryptocurrencies, which would be really good for the industry as a whole, don´t you think???

It doesn't answer your question but you could do it yourself every week by calculating which currency(ies) you need to sell and which one(s) you need to buy.

deisik

legendary

Activity: 3514

Merit: 1280

English ⬄ Russian Translation Services

Quote from: timgri on February 18, 2015, 05:52:34 PM

Hello!

I would love to have an application - kind of like a bittorrent client - that would automatically rebalance a portfolio with a number of cryptocurrencies. I would like to be able to choose which currencies I want and also to choose the desired ratio between them.

Is there such an application out there already? If not, would it be possible to create one, maybe using the ethereum platform?

I guess you could easily do this by using a conventional spreadsheet program (something like Microsoft Excel on Windows, or LibreOffice Calc on Linux). By the way, how are you going to shuffle your cryptocurrency assets, some portfolio theory?

Any Harry Markowitz here?

joesmoe2012

hero member

Activity: 882

Merit: 501

Ching-Chang;Ding-Dong

I'm not sure that anything out there to do automated portfolio rebalancing is going to be in anyway like a bittorrent client...

There are many portfolio rebalancing scripts available at cryptotrader.org, maybe start by taking a look there.

timgri

newbie

Activity: 9

Merit: 0

Is there a good wallet with such automatic features that you can recommend?

jcrubino

member

Activity: 83

Merit: 10

I have been working on portfolio viability research.

Its not clear yet if Ethereum will be able to actually initiate transactions for other block chains, as of now Ethereum does not seem to support this as a demonstrable feature.

Best bet is to build a wallet for your coins with exchange automation built in.

timgri

newbie

Activity: 9

Merit: 0

Hello!

I would love to have an application - kind of like a bittorrent client - that would automatically rebalance a portfolio with a number of cryptocurrencies. I would like to be able to choose which currencies I want and also to choose the desired ratio between them.

Is there such an application out there already? If not, would it be possible to create one, maybe using the ethereum platform?

If such a program would become a popular way of investing money, this could have a stabilizing impact on the value of the cryptocurrencies, which would be really good for the industry as a whole, don´t you think???

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