Topic: Using social media signals to invest in cryptocurrencies -> First results (Read 353 times)
December 04, 2017, 06:03:40 AM
Actually the analytics incorporate market caps. The logic scales social media exposure relative to their market caps. Have a look at AltcoinAnalytics.com to see total logic of the report.
December 03, 2017, 02:07:37 PM
A while ago I created a social media scorecard which scores coins based on their social media sentiment (Twitter, Google, Reddit and Github). So far the results of this are pretty good (about +134% first week for top 3 coins, 113% second week). Though in my own opinion scorecard should be used as a support signal, these are interesting results. Maybe somewhat superfluous but im completely aware that this sample size is way to small to make significant claims, and that these results do not guarantuee anything for the future.
Basis for starting this project are these papers
Algorithmic Trading of Cryptocurrency Based on Twitter Sentiment Analysis
http://cs229.stanford.edu/proj2015/029_report.pdf
This paper predicted the hour to hour sign change of the bitcoin price using Logistic Regressions, Naive Bayes and SVM.
Predicting Fluctuations in Cryptocurrency Transactions Based on User Comments and Replies
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4988639/
Im curious as to what your experience is on trading on social media? Do you use it and in what way?
In case one is interested in the full report I use, it is available at www.AltcoinAnalytics.com
You could also look at how the coins are moving in coinmarketcap. There is a lot of research that is needed before investing so you might not want to stop there.Basis for starting this project are these papers
Algorithmic Trading of Cryptocurrency Based on Twitter Sentiment Analysis
http://cs229.stanford.edu/proj2015/029_report.pdf
This paper predicted the hour to hour sign change of the bitcoin price using Logistic Regressions, Naive Bayes and SVM.
Predicting Fluctuations in Cryptocurrency Transactions Based on User Comments and Replies
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4988639/
Im curious as to what your experience is on trading on social media? Do you use it and in what way?
In case one is interested in the full report I use, it is available at www.AltcoinAnalytics.com
December 02, 2017, 08:31:50 AM
Thanks, first results are indeed promising:)
December 01, 2017, 04:24:39 PM
Very nice, i think there should be some really nice results 
December 01, 2017, 12:31:50 PM
A while ago I created a social media scorecard which scores coins based on their social media sentiment (Twitter, Google, Reddit and Github). So far the results of this are pretty good (about +134% first week for top 3 coins, 113% second week). Though in my own opinion scorecard should be used as a support signal, these are interesting results. Maybe somewhat superfluous but im completely aware that this sample size is way to small to make significant claims, and that these results do not guarantuee anything for the future.
Basis for starting this project are these papers
Algorithmic Trading of Cryptocurrency Based on Twitter Sentiment Analysis
http://cs229.stanford.edu/proj2015/029_report.pdf
This paper predicted the hour to hour sign change of the bitcoin price using Logistic Regressions, Naive Bayes and SVM.
Predicting Fluctuations in Cryptocurrency Transactions Based on User Comments and Replies
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4988639/
Im curious as to what your experience is on trading on social media? Do you use it and in what way?
In case one is interested in the full report I use, it is available at www.AltcoinAnalytics.com
Basis for starting this project are these papers
Algorithmic Trading of Cryptocurrency Based on Twitter Sentiment Analysis
http://cs229.stanford.edu/proj2015/029_report.pdf
This paper predicted the hour to hour sign change of the bitcoin price using Logistic Regressions, Naive Bayes and SVM.
Predicting Fluctuations in Cryptocurrency Transactions Based on User Comments and Replies
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4988639/
Im curious as to what your experience is on trading on social media? Do you use it and in what way?
In case one is interested in the full report I use, it is available at www.AltcoinAnalytics.com
Jump to: