I believe this is not a bad idea, not like dude who invested 1.5+ billion dollars of his companies money on bitcoin and start accepting bitcoin will suddenly have a change of heart and start talking negatively about bitcoin, that looks as unlikely as possible.
We will not be able to get such information in a timely manner that Tesla has sold its 1.5 billion bitcoins.. And after Elon Musk tweets that Tesla sold BTC, I'm sure the price of bitcoin will go down.
its unlikely but its possible because other btc influencers do also have a change in their minds on supporting bitcoin but if elon tweeted that negative decision first ,
the bot can detect it and we can sell or prepare for a buy out before elon make its move of selling his btc and if not ,
there is still a stop loss in the bot that can help you prevent from loosing further .
btc value dont revovle alone in the hands of elon but thanks for the effort op
Of course it doesn’t, the bot is mainly built for the novelty of it and not much else.
There many other indicators that can be used that would probably yield a better trading strategy.
But if we take into account social media sentiment - a quantitative solution ie: analysing 1000s of tweets will probably give an indication about how people feel about Bitcoin that that moment in time. This, I feel would be more accurate.