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RE: Interview with the developer of index that predicts crypto trend
Greetings,
Thank you again for sharing a good link,
Happy to see this type of data being gathered in order to make future decisions especially as an investor.
I believe that AI is really capable of gathering such advance data, but "Prediction" is what we humans usually do. (In my opinion).
Using the information as a group and taking on one course of action will make a difference in the market.
But again, I agree with @crypto.piotr where the industry is yet to mature especially reaching the point of regulation or decentralization.
The problem may be the whales who transfer or withdraw their assets at their own whim.
These affects almost 10-20% of the price almost immediately.
Regards
Hi @jackramsey, thank you for your reaction.
Those indexes calculate the whales transfers - both deposits and withdrawals to the specific crypto exchanges. And also it counts with the order books and the executed orders.
Its simply as that and its crazy how its precise. You can give it a try with a free registration where you will see 1 week delayed data - so you can do the backtest for yourself if it is a good tool for you or not. Check it out here https://controlaltshifts.com
Greetings,
Actually I am already trying it.
Thanks
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