Ms. Longhao Li Profile

Longhao Li

SPIE Involvement:

Author

Publications (1)

This will count as one of your downloads.

You will have access to both the presentation and article (if available).

DOWNLOAD NOW

This content is available for download via your institution's subscription. To access this item, please sign in to your personal account.

Email or Username Forgot your username?

Password Forgot your password?

Show

Keep me signed in

No SPIE account? Create an account

Proceedings Article | 21 August 2023 Paper

Gold and bitcoin trading strategies: a comprehensive model for optimal investment returns

Siyang Xie, Zhili Zhao, Longhao Li, Han Wu

Proceedings Volume 12783, 127830N (2023) https://doi.org/10.1117/12.2692153

KEYWORDS: Gold, Data modeling, Education and training, Systems modeling, Error analysis, Neurons, Mathematical optimization, Mathematical modeling, Lithium, Risk assessment

Read Abstract +

While Bitcoin has been a hot topic in the investment world due to its rising value, gold remains a popular investment option. To create a value prediction model for the best investment strategy, we utilized LSTM and found that it had a higher fitting effect than other two models, grey prediction and time series. The accuracy rate is 88.7%, the loss rate is 0.135%. We test different batch sizes to ensure the accuracy of prediction and established an appropriate algorithm to calculate the best investment strategy for each day. To test the accuracy of the model, we use four methods, including testing the accuracy of the risk factor in the model, observing the growth of total asset value, calculating the error rate of the investment process, and performing robustness analysis under low investment costs. We also perform sensitivity analysis to determine the impact of transaction costs on the strategy and results. The results show that the fluctuation in Bitcoin transaction costs is more significant and can affect the frequency of trading activities, ultimately affecting the final profit.

My Library

You currently do not have any folders to save your paper to! Create a new folder below.

Folder Name

Folder Description

View contact details

UPDATE YOUR PROFILE

Is this your profile? Update it now.

Sign into your SPIE.org account

Don’t have a profile and want one?

Create an account on SPIE.org

Access to the requested content is limited to institutions that have purchased or subscribe to SPIE eBooks. You are receiving this notice because your organization may not have SPIE eBooks access.*

*Shibboleth/Open Athens users─please sign in to access your institution's subscriptions.

To obtain this item, you may purchase the complete book in print or electronic format on SPIE.org.

ORGANIZATIONAL
Sign in with credentials provided by your organization.

Organizational Username

Organizational Password

Show/Hide Password

INSTITUTIONAL
Select your institution to access the SPIE Digital Library.

SELECT YOUR INSTITUTION

PERSONAL
Sign in with your SPIE account to access your personal subscriptions or to use specific features such as save to my library, sign up for alerts, save searches, etc.

PERSONAL SIGN IN

No SPIE Account? Create one

PURCHASE THIS CONTENT

SUBSCRIBE TO DIGITAL LIBRARY

50 downloads per 1-year subscription

Members: $195

Non-members: $335 ADD TO CART

25 downloads per 1 - year subscription

Members: $145

Non-members: $250 ADD TO CART

PURCHASE SINGLE ARTICLE

Includes PDF, HTML & Video, when available

Members:

Non-members: ADD TO CART

Keywords/Phrases

Search In:

Publication Years