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You turned 40.000 into 100.000.000? That's incredibly impressive (even with the recent crypto bull run). Was this all achieved with time-series prediction thro
by montenegrohugo 5y ago
You turned 40.000 into 100.000.000? That's incredibly impressive (even with the recent crypto bull run).
Was this all achieved with time-series prediction through ML models? I had the impression those were hard to get right, but props to you for clearly doing so.
- robertlagrant 5y agoEveryone's a genius in a bull market :D
- not-a-cat 5y agoI think it's both easy and hard, depending how you look at it. Hard because it's a tough ML problem where you have to combat overfitting and the messiness of the real world; easy because crypto is clearly one of the easiest markets to trade and there are opportunities all over the place (compared to equities for example). On top of my head: stat arb, yield arb, exchange arb, funding arb, market making / liquidity providing (CEX/DEX), doing/preventing sandwich attacks, good old yield farming...
- omgwtfbbq 5y agoHow are people not more skeptical of this. This would without doubt be the most successful trading run in history and we are expected to believe that a self taught HN rando who couldn't even get into an AI lab did this with 5 people in SF?? Renaissance Tech is probably the best hedge fund in the world and they can only manage something like 30% a year but this guy did 250000% in a year and change? Give me a break. If anything they executed a massive pump and dump/rug pull and nothing more. I mean why bother with this so called "research" endeavor when you could be a deci-billionaire in a year or two using the same strategy you've been using and then simply buy OpenAI or whatever. The whole story makes no sense.