create account

RE: Analyzing the crypto market with Python by beordo

View this thread on: hive.blogpeakd.comecency.com

Viewing a response to: @furion/analyzing-the-crypto-market-with-python

· @beordo · (edited)
$15.57
I really like your recreation of the monkey experiment. It shows the enormous deviation in returns in such a short period of time. (And the recent bull trend, every portfolio has positive returns?!)

I'm not a fan of market timing, especially with backtesting. At first glance, it always seems that a 'golden rule' or 'perfect trading strategy' exists. But when you backtest on a different time period, it suddenly doesn't work. However, I'm often tempted to try to time the market, so every once in a while I like to go back to Vanguards investing guide: https://personal.vanguard.com/us/insights/investingtruths/investing-truth-about-emotion
If you play around with the interactive chart you can see that small changes have a big effect and that overall, it's hard to beat the market.

Don't think that I didn't like your project though! Love it, just don't like market timing. ;)
👍  , , , , , , ,
properties (23)
authorbeordo
permlinkre-furion-analyzing-the-crypto-market-with-python-20170613t222458069z
categorypython
json_metadata{"tags":["python"],"links":["https://personal.vanguard.com/us/insights/investingtruths/investing-truth-about-emotion"],"app":"steemit/0.1"}
created2017-06-13 22:25:00
last_update2017-06-14 06:33:45
depth1
children2
last_payout2017-06-20 22:25:00
cashout_time1969-12-31 23:59:59
total_payout_value11.682 HBD
curator_payout_value3.887 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length882
author_reputation149,340,788,110
root_title"Analyzing the crypto market with Python"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id4,772,170
net_rshares613,427,371,635
author_curate_reward""
vote details (8)
@canuckpride ·
$0.04
I think that's the beauty in price point smoothing (aka buying incrementally over time), and finding low cost options with baskets of securities

Another reason why letting the Winklevii get their ETF would have been a helpful investment vehicle
👍  , ,
properties (23)
authorcanuckpride
permlinkre-beordo-re-furion-analyzing-the-crypto-market-with-python-20170613t233123273z
categorypython
json_metadata{"tags":["python"],"app":"steemit/0.1"}
created2017-06-13 23:31:24
last_update2017-06-13 23:31:24
depth2
children0
last_payout2017-06-20 23:31:24
cashout_time1969-12-31 23:59:59
total_payout_value0.036 HBD
curator_payout_value0.008 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length245
author_reputation63,356,728,720
root_title"Analyzing the crypto market with Python"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id4,776,739
net_rshares1,828,507,431
author_curate_reward""
vote details (3)
@mkultra87f ·
$0.04
Thank you for that Vanguard link, a great read right there.
👍  ,
properties (23)
authormkultra87f
permlinkre-beordo-re-furion-analyzing-the-crypto-market-with-python-20170614t141640959z
categorypython
json_metadata{"tags":["python"],"app":"steemit/0.1"}
created2017-06-14 14:16:42
last_update2017-06-14 14:16:42
depth2
children0
last_payout2017-06-21 14:16:42
cashout_time1969-12-31 23:59:59
total_payout_value0.034 HBD
curator_payout_value0.004 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length59
author_reputation54,168,833,786
root_title"Analyzing the crypto market with Python"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id4,828,786
net_rshares1,638,474,555
author_curate_reward""
vote details (2)