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Forecasting Monero Prices with a Machine Learning Algorithm
Abstract
Many researchers have attempted to forecast the values of different cryptocurrencies, but few studies analyzed the Monero price trends. Monero ranks first in terms of privacy features, and its demand is expected to grow in the future. This paper can be classified as the first to use the PATSOS model to forecast Monero prices and trends. According to the findings, the PATSOS model accurately forecasted future Monero prices with a very low error rate. Moreover, investors can withstand market volatility and avoid large losses by using the consistent "buy" and "sell" signals produced by the PATSOS mechanism.
Keywords
References
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Details
Primary Language
English
Subjects
-
Journal Section
Research Article
Authors
Publication Date
December 1, 2021
Submission Date
May 4, 2021
Acceptance Date
June 1, 2021
Published in Issue
Year 2021 Volume: 16 Number: 3
APA
Can Ergün, Z., & Kutlu Karabıyık, B. (2021). Forecasting Monero Prices with a Machine Learning Algorithm. Eskişehir Osmangazi Üniversitesi İktisadi Ve İdari Bilimler Dergisi, 16(3), 651-663. https://doi.org/10.17153/oguiibf.932839
AMA
1.Can Ergün Z, Kutlu Karabıyık B. Forecasting Monero Prices with a Machine Learning Algorithm. Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi. 2021;16(3):651-663. doi:10.17153/oguiibf.932839
Chicago
Can Ergün, Zeliha, and Busra Kutlu Karabıyık. 2021. “Forecasting Monero Prices With a Machine Learning Algorithm”. Eskişehir Osmangazi Üniversitesi İktisadi Ve İdari Bilimler Dergisi 16 (3): 651-63. https://doi.org/10.17153/oguiibf.932839.
EndNote
Can Ergün Z, Kutlu Karabıyık B (December 1, 2021) Forecasting Monero Prices with a Machine Learning Algorithm. Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi 16 3 651–663.
IEEE
[1]Z. Can Ergün and B. Kutlu Karabıyık, “Forecasting Monero Prices with a Machine Learning Algorithm”, Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi, vol. 16, no. 3, pp. 651–663, Dec. 2021, doi: 10.17153/oguiibf.932839.
ISNAD
Can Ergün, Zeliha - Kutlu Karabıyık, Busra. “Forecasting Monero Prices With a Machine Learning Algorithm”. Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi 16/3 (December 1, 2021): 651-663. https://doi.org/10.17153/oguiibf.932839.
JAMA
1.Can Ergün Z, Kutlu Karabıyık B. Forecasting Monero Prices with a Machine Learning Algorithm. Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi. 2021;16:651–663.
MLA
Can Ergün, Zeliha, and Busra Kutlu Karabıyık. “Forecasting Monero Prices With a Machine Learning Algorithm”. Eskişehir Osmangazi Üniversitesi İktisadi Ve İdari Bilimler Dergisi, vol. 16, no. 3, Dec. 2021, pp. 651-63, doi:10.17153/oguiibf.932839.
Vancouver
1.Zeliha Can Ergün, Busra Kutlu Karabıyık. Forecasting Monero Prices with a Machine Learning Algorithm. Eskişehir Osmangazi Üniversitesi İktisadi ve İdari Bilimler Dergisi. 2021 Dec. 1;16(3):651-63. doi:10.17153/oguiibf.932839