Cryptocurrency Forecasting Using LSTM

PRESENTED TO PRESENTED BY
Dr. Avneesh Kumar Hrittik Bhhatacharya (20scse1280050)
Deepanshu Agrawal (20scse1280020)
Deepak Walia (20scse1280054)
1. I n t r o : L S T M i n f i n a n c e

Crypto market prediction is a challenging task, however

leveraging LSTM technology, the accuracy of predictions
can be improved. This presentation will focus on how to
use LSTM for accurate Crypto price prediction in a
professional manner.
2. Understanding
LSTM
Long Short-term Memory (LSTM) is a type of Recurrent
Neural Network (RNN). It helps to remember information
over long periods of time, therefore making it useful in
predicting Crypto markets. LSTMs have the ability to learn
dependencies without being affected by
vanishing/exploding gradients. It works signincantly better
for more diffcult datasets such as Crypto prices.
3. Data gathering for
analysis
Data Gathering is the first step in any analysis. It is
essential to understand the patterns and trends of Crypto
market to predict Crypto prices. With significant resources,
detailed research, and data collection, LSTMs deliver long-
term predictions with high accuracy and confidence.
4. Preprocessing Cryptos
data
Data Preparation is essential for achieving accurate
predictions. Leveraging LSTMs for extracting meaningful
information from raw Crypto market data and modeling
complex Crypto market correlations. From normalizing
data to feature engineering, LSTMs can be used to
process data that are suitable for prediction.
5. Optimizing LSTM
model
Maximizing Model Performance
LSTM models can be optimized for accuracy and speed, so
that meaningful insights are generated at a faster rate.
Various aspects such as data optimization, hyperparameter
tuning, and pre-processing can be used to further improve
the results. Additionally, model evaluation and
interpretation can be done for understanding the behaviour
of the model.
6. Training & testing
data
For a successful implementation, it is important to select
the most appropriate data for training and testing. The
training data should be relevant enough to re ect the
actual conditions, so that the performance of the model
can be accurately assessed during the testing phase. With
the help of this process, the variations associated with
the Crypto prices can be accurately determined.
7. Evaluating model
accuracy
At the model evaluation stage, the accuracy of the model
is examined based on the prediction performance of the
LSTM model. The model accuracy is calculated by
comparing the actual values with the predicted values of
the Crypto prices.
After the completion of the evaluation stage, the accuracy
of the model can be determined and can be further
improved if necessary.
8. Real-world
application
Real-World Application
By developing a high accuracy Crypto prediction model
based on LSTM, one can expect to build an application
that is capable of identifying the trend of the Crypto
market with a high degree of accuracy. This can be used to
assist investors in making better investment decisions,
thereby improving financial return.
9. Risk management
strategies
Minimizing Risks
LSTM model reduces risks by predicting future Crypto
prices with improved accuracy, providing investors with
more insight about the future move of the market. This
allows investors to make more pro table investments,
minimizing the risks associated with Crypto
investments.
10. C o n c l u s i o n & f u t u r e w o r k

Conclusion & Future Work

LSTM model has the potential to predict future Crypto
prices accurately. By leveraging it, Crypto market
investors can reduce the associated risk and maximize
their pro ts.
Future works especially involves researching ways to
increase the accuracy of prediction model and
automating the entire process.