Proceedings of the 3rd International Conference on Big Data Economy and Information Management, BDEIM 2022, December 2-3, 2022, Zhengzhou, China

Research Article

A Dilution Method of Bitcoin Price Prediction And Investment Strategy Based on ARIMA

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  • @INPROCEEDINGS{10.4108/eai.2-12-2022.2328686,
        author={Hongze  Guo and Zhenchao  Gao and Yingchang  Liu and Yue  Yu and Yuhang  Zhou and Zhen  Zhou},
        title={A Dilution Method of Bitcoin Price Prediction And Investment Strategy Based on ARIMA},
        proceedings={Proceedings of the 3rd International Conference on Big Data Economy and Information Management, BDEIM 2022, December 2-3, 2022, Zhengzhou, China},
        publisher={EAI},
        proceedings_a={BDEIM},
        year={2023},
        month={6},
        keywords={arima; mean value prediction; cyclic optimization; bitcoin},
        doi={10.4108/eai.2-12-2022.2328686}
    }
    
  • Hongze Guo
    Zhenchao Gao
    Yingchang Liu
    Yue Yu
    Yuhang Zhou
    Zhen Zhou
    Year: 2023
    A Dilution Method of Bitcoin Price Prediction And Investment Strategy Based on ARIMA
    BDEIM
    EAI
    DOI: 10.4108/eai.2-12-2022.2328686
Hongze Guo1, Zhenchao Gao1, Yingchang Liu2, Yue Yu3, Yuhang Zhou1, Zhen Zhou1,*
  • 1: Hebei University
  • 2: Wuhan City College
  • 3: Ningbo University
*Contact email: 1006300202@qq.com

Abstract

At present, bitcoin is hot, and its price prediction methods are emerging in endlessly, but there has never been a means to accurately predict mining disasters and plummets. Based on ARIMA, this paper proposes a bitcoin price prediction method based on cy-cle dilution method, which successfully realizes the cycle price prediction of bitcoin, with an error of less than 5%. The threshold trading experiment shows that this scheme can obtain a very high rate of return within five years, which is of great prac-tical significance.