Post
Topic
Board Trading Discussion
Re: I coded a bot that buys bitcoin every time Elon Musk tweets about bitcoin and op
by
bittick
on 05/04/2021, 10:00:52 UTC
I think that there will be no repeated excitement. The second time, nobody will not react to the words of Elon Musk as at first time
This holds truth, can't expect the next tweet would be as impactful as the first tweet, and in each every pump caused by that tweet people losing money aswell because get FOMO'd and they could be elon's tweet lurker aswell. I would not consider using bot to monitor elon's tweet and invest based on it as a serious trading, it's mostly just testing the water.