AI Trading Model Beats Bitcoin 'Hodling' Strategy by 297%
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Researchers tested the "efficient market hypothesis" (EMH) against Bitcoin trading and found it outperformed hodling by almost 300% in simulated portfolios.
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EMH claims asset prices reflect all market info, making it impossible to beat the market by timing it or picking stocks.
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Critics of EMH say investors like Warren Buffet have made careers out of beating the market.
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Researchers trained 4 AI models on Bitcoin data to test EMH vs hodling. The optimal model beat hodling returns by up to 297%.
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Study was based on historical data and simulated portfolios, so may not sway EMH critics.