Numeraire - worst part of NUMERAI - time to change

Hi @toms91 - I have started with Numerai tournament about one year ago when $NMR went from about $25 down to $8 and possibility of floor at $1 was discussed here. So I got used to it and volatility is not bothering me. Just average performance of your models can bring you 50%+ annual return. More over if you decide to buy predictions at NumerBay, you can choose above average returns (currently model #1 is in fact purchased with 600%+ annual return). So this type of returns (possibly combined with buying $NMR for staking during dip) can easily compensate for volatility.

If you focus your attention to ML/#data-science and behaviour of stock markets you will get your reward - guarantied, even measured in $NMR. If you will be able to convert it to monetary value is still debatable.

1 Like