Inspiration
The idea for this project came from the desire for passive income during a time when many of us were stuck at home. But the concept can also apply to anyone who feels trapped in their current situation and could benefit from a little extra income each month. This extra income could be used to invest in education or other personal development opportunities, or to cover expenses like tuition for children. The goal is to be able to move forward in life at the end of the year.
What it does
Our project allows users to deposit a small amount of cryptocurrency each month and choose an AI strategy for the trading bot to follow. The bot then works to trade cryptocurrency on the user's behalf on a daily basis.
How we built it
We have spent the last two years learning the necessary skills and researching the feasibility of using AI for cryptocurrency trading. We primarily used Python for development.
Challenges we ran into
We faced many challenges along the way, including the high computation power required to maintain some of the models we developed and the cost of utilizing additional hardware. We had to learn more in order to significantly reduce these costs.
Accomplishments that we're proud of
Despite these challenges, we were able to finalize a specific model and tool set that we can rely on to mass-produce and expand to different assets.
What we learned
This project required a combination of machine learning, mathematical modeling, software engineering, and continuous code quality checks. Past work experience also proved to be helpful.
What's next for AIHedge Project
Our next goals include developing an app, adding more strategies, and expanding our audience. We hope this project will be able to reach and help those who are in need of such a service.
Log in or sign up for Devpost to join the conversation.