|
|
@@ -1,17 +1,18 @@
|
|
1
|
1
|
In 2013, my freshman year of college, I stumbled upon coinbase when a friend of mine was bragging about the return he made from holding bitcoin. The concept of cryptocurrencies let alone investing was foreign to me at the time, but I foolishly bought in not knowing what I was doing. When I started studying computer science a few years ago, I began trying to understand the underlying blockchain technology and why so many were considering it to be revolutionary. Aside from the theory behind it, I was curious how these cryptos were being traded and how to manage my own portfolio. Knowing the space is still incredibly immature and susceptible to manipulation, I wanted to attempt to draw correlations between unconventional data and price movement. From the traders that I follow on twitter, I gathered that many were using a combination of sentimental analysis along with technical analysis to devise their trading strategies. I was very curious as to what “alternative data” I could use in a trading strategy. For my project, I wanted to backtest a strategy using a combination of the following:
|
|
|
2
|
+
|
|
2
|
3
|
Developer Index
|
|
3
|
|
- *Analyze GitHub commits, forks, pull requests and contributors since GitHub development precedes major development in underlying tech.
|
|
|
4
|
+* Analyze GitHub commits, forks, pull requests and contributors since GitHub development precedes major development in underlying tech.
|
|
4
|
5
|
ICO Database
|
|
5
|
|
- *Determine actionable trends in successful ICO’s.
|
|
|
6
|
+* Determine actionable trends in successful ICO’s.
|
|
6
|
7
|
Sentimental Analysis
|
|
7
|
|
- *Twitter especially has its own crypto-community. Maybe attempt to use their API to identify popularity of tags or sentiment of popular ”crypto” accounts.
|
|
8
|
|
- *Query crypto related searches on google (using trends.google.com)
|
|
|
8
|
+* Twitter especially has its own crypto-community. Maybe attempt to use their API to identify popularity of tags or sentiment of popular ”crypto” accounts.
|
|
|
9
|
+* Query crypto related searches on google (using trends.google.com)
|
|
9
|
10
|
Network hash rates(probably too difficult)
|
|
10
|
|
- *Extract forward price movements from miner power allocation
|
|
|
11
|
+* Extract forward price movements from miner power allocation
|
|
11
|
12
|
|
|
12
|
|
-#Evaluation:
|
|
13
|
|
-*Choose different durations
|
|
14
|
|
-*Just test bull market
|
|
15
|
|
-*Just test bear market
|
|
16
|
|
-*Just test flat market
|
|
|
13
|
+Evaluation:
|
|
|
14
|
+Choose different durations
|
|
|
15
|
+Just test bull market
|
|
|
16
|
+Just test bear market
|
|
|
17
|
+Just test flat market
|
|
17
|
18
|
(Possibly learn how to use quantopian to backtest)
|
