QuantBot or in Other Words: How to Get Related Cryptos or Stocks to any Link/URL, News Story, Headline, Hashtag, Tweet or Text of Any Kind
Today I’m going to introduce you to a pretty neat and decent robot which uncovers hidden connections between cryptocurrencies and stocks within SECONDS — yes, you read right! ;)
QuantBot is one of Vectorspace AI’s tools, an advanced cryptocurrency discovery platform soon to be trading on the IDEX exchange.[Link] It’s based on new kinds of Natural Language Processing (NLP) and Machine Learning algorithms that extract sympathetic, symbiotic and parasitic relationships.
Let’s see what they [Vectorspace] write on their website about QuantBot:
“Cryptocurrencies can trade in sympathy to others. Many of the sympathies are based on hidden or relatively unknown relationships. These relationships change over time and are described in whitepapers, news releases, team profiles and project descriptions.
The underlying technology, in part is based on building large vectors similar to word2vec but much more exhaustive in terms of rich, scored and ranked vectors. Comparing vectors for similarity is almost as important as how one constructs the vectors in vector space. Mimicking the way a human might manually construct a vector remains key.”
This way QuantBot allows traders, investors, hedge funds engage in quick information arbitrage. “For example, a crypto runs up 20% in one minute, you insert a keyword or the symbol related to the crypto that ran up, you then get other cryptos (a targeted basket) that have sympathetic, symbiotic and parasitic relationships before any research analyst can uncover the connections — rising tide lifts all boats or a lowering tide lowers them.”
“The algorithm and system were developed to capture events described by Gur Huberman in a paper he wrote titled “Contagious Speculation and a Cure for Cancer: A Nonevent that Made Stock Prices Soar” detailing what happened when ENMD rose from 12/share to 85/share overnight. Stocks that had known and unknown (or hidden) relationships with ENMD also rose but a bit later. Good profits were made from those that were able to identify those relationships before others.”
“It’s well known that cryptos, stocks, companies have symbiotic, sympathetic and parasitic relationships that sometimes traders are not completely aware of. This is where advanced search and discovery algorithms and technology that operate on “concepts” and “context” as opposed to keywords-only, come in to play.”
I’m going to give you a Step-by-Step instruction on how to install and use Quantbot to get started with your crypto search. We are only a few steps away…
- Go to their website and click on the QuantBot tab in the Header or simply follow this [Link].
- Click “Add to Slack”
(If you are not aware of or haven’t dealt with slack before — like myself — click this [Link] for more details.
3. You will now be directed to slack.com. Sign in with your workspace’s Slack URL. If you don’t remember your workspace URL, click on “Find your workspace”, or if you are a first time user create a new workspace.
4. Confirm your identity by pressing the “Authorize”-Button or sign in by using your email and password… QuantBot should be now installed to your Slack.
5. Go to “Back to Slack!”. You will now be directed to the Slack Homepage. Click in the upper right corner on “Your Workspace” and select it to get to your Slack workspace.
6. Your surface should now look like this:
You can either follow the Slack introduction guide or skip it.
7. On the left side of the browser window, under the index tab “Apps” you can see QuantBot installed. Click on it to be directed to the QuantBot chat window.
8. To start your search for a specific crypto or stock related to any link/URL, news story, headline, hashtag, tweet or text of any kind, simply type or paste your query in to the input field on the bottom.
Let’s pretend I’m searching for a crypto related to health care. I would simply type in health care, click “Enter” and within one or two seconds receive all stocks and cryptos related to health care.
Now let’s try this with a link/URL.
Copy the link, paste it, press “Enter”. DONE — pretty sweet don’t you think?
— I know ;)
This tool saves you hours of tedious search through whitepapers, news, crypto websites etc. …we all know it, we all have been going through it, we all hate it…I feel you there! But leave that for the PAST and let QuantBot do the research for you…within SECONDS!
It doesn’t only save you precious time but gives you an advantage through quick information arbitrage to react even faster to the highly volatile market and ultimately helps you maximize your profits.
NOTE: This article is based on my personal experience and my opinion.
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