Subscribe:

Ads 468x60px

Tuesday, February 20, 2018

My experiments on Optimizing Profits in CryptoCurrencies.

Sometimes you just know that something won't work and yet somehow you need to watch it fail just to believe that it won't. Some people may call it a foolhardy attempt but this is the kind of incredulity of men for new ideas until they had good amount of exposure of things often brings disruptive innovation.

CryptoCurrency is the new buzzword around town and everyone wants to get their hands dirty.  I decided to give it a shot myself. The idea was simple, get the live feed of cryptocurrency (using binance API) and somehow optimize the algorithm for buying and selling to make maximise profits. Fueled by this idea, I signed up on binance (it is an exchange for trading cryptocurrencies) and got onboard their api platform.


Approach #1.
I begum hitting the API at an interval of 0.5 seconds and recorded the highs and lows. The point there was a change of slope, I decided to create sandbox transaction. If the slope changes form positive to negative, it is a good time to sell because the probability that it is going to keep following the decrement pattern are high. Similarly   

No comments:

Post a Comment