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Showing 14 of 14 results by CyberPunkMetalHead
Re: I coded a bot that buys bitcoin every time Elon Musk tweets about bitcoin and op
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What are your thoughts on this, would you try it?
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What are your thoughts on this, would you try it?
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I definitely will try this.
could you please make a youtube tutorial for this?
I don't really familiar with metatrader software.
I want to try it just for fun.
also, if you could make it more mobile-friendly, it will be useful, for example, a telegram bot maybe.
hmm.. maybe you can set some parameters based on this article.
https://beincrypto.com/what-impact-do-twitter-influencers-have-on-crypto-prices/
Thanks, I will check it out. Yes I will eventually have tutorials posted on YouTube
Re: I coded a bot that buys bitcoin every time Elon Musk tweets about bitcoin and op
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I appreciate the results of your hard work, hope your robot is useful for you and others...I hardly ever use a robot for trading, I am afraid because most of the stories I have heard are not profitable. but a robot to buy Bitcoin when Elon tweets is a great idea 'lol'.
Yeah that’s definitely possible. The bot could listen to different Twitter accounts for different cryptocurrencies.
Re: I coded a bot that buys bitcoin every time Elon Musk tweets about bitcoin and op
You describe the benefits of a bot that you design yourself with the systems and settings you have configured. but what about the opposite risk? suppose the tweet is not to raise bitcoin? it's just that in the tweet mentions bitcoin.
well I simplify. Elon tweets about bitcoin or DogeCoin on average always use figure of speech. elon is not a person with minimal education. example: when elon makes a tweet about DogeCoin (he only occasionally uses the words "DOgeCoin").
while the rest use word games and pictures.
So how can the bot detect your tweet about bitcoin with language or code? whether the bot that you designed is able to read that much?
if not then you are wasting your time on a tweet from Elon.
well I simplify. Elon tweets about bitcoin or DogeCoin on average always use figure of speech. elon is not a person with minimal education. example: when elon makes a tweet about DogeCoin (he only occasionally uses the words "DOgeCoin").
while the rest use word games and pictures.
So how can the bot detect your tweet about bitcoin with language or code? whether the bot that you designed is able to read that much?
if not then you are wasting your time on a tweet from Elon.
Well it looks for tweets by giving it keywords, so you can choose what keywords your bot should be looking for and it will go looking.
There are definitely risks associated using this bot, I never endorsed using it on a live account. It's built for fun mainly, like I said before.
Re: I coded a bot that buys bitcoin every time Elon Musk tweets about bitcoin and op
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.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.
Re: I coded a bot that buys bitcoin every time Elon Musk tweets about bitcoin and op
UPDATE
Many of you have suggested to add a function to detect the Tweet's sentiment to that the bot does not buy bitcoin if Elon's Tweet contains a negative sentiment about it.
I went and looked for an API that can be integrated in my project and found one that works pretty well.
The Bot will now only buy if the Tweet where bitcoin is mentioned has a positive sentiment!
Article and Guide: https://www.cryptomaton.org/2021/03/25/program-a-trading-bot-to-buy-bitcoin-when-musk-tweets-about-it-part-2/
GitHub Repo: https://github.com/CyberPunkMetalHead/bitcoin-bot-buy-if-elon-tweets/tree/buy-crypto-if-elon-mentions-crypto-positively
Many of you have suggested to add a function to detect the Tweet's sentiment to that the bot does not buy bitcoin if Elon's Tweet contains a negative sentiment about it.
I went and looked for an API that can be integrated in my project and found one that works pretty well.
The Bot will now only buy if the Tweet where bitcoin is mentioned has a positive sentiment!
Article and Guide: https://www.cryptomaton.org/2021/03/25/program-a-trading-bot-to-buy-bitcoin-when-musk-tweets-about-it-part-2/
GitHub Repo: https://github.com/CyberPunkMetalHead/bitcoin-bot-buy-if-elon-tweets/tree/buy-crypto-if-elon-mentions-crypto-positively
Re: I coded a bot that buys bitcoin every time Elon Musk tweets about bitcoin and op
You might want to expand it to more than just Elon's tweets because these kind of bot is used in HFT which scours the Internet for keywords that can help the bot in deciding whether to buy the stocks. I guess if you improve upon your project, I think that it might be something and you might be able to make more money than what you currently make with the latest bot.
Yes, I could develop this beyond just being built for the novelty of it. I can add a sentiment analysis module that I have coded for a previous project.
Regarding your idea about taking into account more than just Elon?s tweets - do you want to help out devise a strategy?
Should this be focused on a few key accounts, or should it scrape Twitter or the internet for quantitative sentiment data?
What do you think may be a good indicator?
Re: I coded a bot that buys bitcoin every time Elon Musk tweets about bitcoin and op
I was really thinking of implementing this kind of bot that detect elon's tweet whether he mentioned specific crypto or not with node js since his tweet really impactful to the market but you've already done it, then I'll have the pleasure to use it instead LOL.
but yeah, it seems other people's concern regarding when there's some negative words accompanying bitcoin in his tweet could somewhat be a double edged sword, I think the simplest solution right now is just to also detect if his words contains negative words.
Honestly, can't imagine if for example 10 thousand people use the bot, elon basically in control of 10k people's money in their financial decision, kinda scary and the reason that holds me back.
but yeah, it seems other people's concern regarding when there's some negative words accompanying bitcoin in his tweet could somewhat be a double edged sword, I think the simplest solution right now is just to also detect if his words contains negative words.
Honestly, can't imagine if for example 10 thousand people use the bot, elon basically in control of 10k people's money in their financial decision, kinda scary and the reason that holds me back.
Glad you find it interesting and let me know what your results are if you decide to test this!
Re: I coded a bot that buys bitcoin every time Elon Musk tweets about bitcoin and op
Yes, this particular bot was mainly built for fun. I wouldn’t endorse it for use on a live account, but I will develop it further in my free time. I am passionate about crypto bots and currently working on a few others that I plan to open source once the testing is complete.
A more conventional bot I shared recently is supposed to detect spikes in the Bitcoin price and buy, riding the short-term increase.
A more conventional bot I shared recently is supposed to detect spikes in the Bitcoin price and buy, riding the short-term increase.
Re: I coded a bot that buys bitcoin every time Elon Musk tweets about bitcoin and op
I may add sentiment analysis so the bot can detect the tone of voice for the tweet - and yes Doge and Elon have been mentioned on here a few times!
Re: I coded a bot that buys bitcoin every time Elon Musk tweets about bitcoin and op
Yes it doesn't take tweet sentiment into account right now but I am developing a module for it so it will be able to tell whether it's a positive or negative tweet. As well as adding support for more coins and twitter accounts.
Re: I coded a bot that buys bitcoin every time Elon Musk tweets about bitcoin and op
That's a good point, I'm not encouraging anyone to test this in a live-environment, though it's typically less risky to do this with Bitcoin because even if it dips soon after the tweet you can just hold it.
The bot is made for the fun of it and to explore novel ways of creating automations and integrating processes.
The bot is made for the fun of it and to explore novel ways of creating automations and integrating processes.
I coded a bot that buys bitcoin every time Elon Musk tweets about bitcoin and op
This bot is designed to buy bitcoin every time Elon musk tweets about bitcoin with the following parameters:
The bot will open a buy position on bitcoin every time Elon mentions bitcoin in his tweet
Take profit is set to 10% and stop loss to 5%
The bitcoin bot will not place another trade if there is already an active trade (can be adjusted)
The bot uses the Tweepy API and a Twitter developer account that you will need access to, as well as a MetaTrader 5 account.
What are your thoughts on this, would you try it?
Guide: https://www.cryptomaton.org/2021/03/21/program-a-trading-bot-to-buy-bitcoin-when-musk-tweets-about-it/
GitHub repo: https://github.com/CyberPunkMetalHead/bitcoin-bot-buy-if-elon-tweets
The bot will open a buy position on bitcoin every time Elon mentions bitcoin in his tweet
Take profit is set to 10% and stop loss to 5%
The bitcoin bot will not place another trade if there is already an active trade (can be adjusted)
The bot uses the Tweepy API and a Twitter developer account that you will need access to, as well as a MetaTrader 5 account.
What are your thoughts on this, would you try it?
Guide: https://www.cryptomaton.org/2021/03/21/program-a-trading-bot-to-buy-bitcoin-when-musk-tweets-about-it/
GitHub repo: https://github.com/CyberPunkMetalHead/bitcoin-bot-buy-if-elon-tweets
I'm sharing the code of my first crypto trading bot, so you can build your own
⭐ Merited by Bitcoin_Arena (1)
The bot will be trading Bitcoin automatically if the price has increased by more than 3% in the last 10 minutes with a stop loss of 5% and take profit of 8%.
Before deciding on 3% increase and a 10 minute timeframe, I have been testing different variations and it seems that 3% in 10 minutes gives the optimal chance of predicting a strong bullish movement (at least for the next few hours)
**Use Cases*
Use with a demo account - use on a live account at your own risk
Use to test different crypto markets
**Considerations**
The bot can be adjusted to work with multiple cryptos at once.
It currently requires a viable exit strategy, I have tested with both fixed and trailling stop losses and the bot has ben underperforming on bitcoin, however it closed a profitable week on XLM.
Article and guide: https://www.cryptomaton.org/2021/03/14/how-to-code-your-own-crypto-trading-bot-python/
Github Repo: https://github.com/CyberPunkMetalHead/Bitcoin-Surge-Trading-Alpha
Good luck and let me know if you have any questions!
Quote ReplyReport Edit
Before deciding on 3% increase and a 10 minute timeframe, I have been testing different variations and it seems that 3% in 10 minutes gives the optimal chance of predicting a strong bullish movement (at least for the next few hours)
**Use Cases*
Use with a demo account - use on a live account at your own risk
Use to test different crypto markets
**Considerations**
The bot can be adjusted to work with multiple cryptos at once.
It currently requires a viable exit strategy, I have tested with both fixed and trailling stop losses and the bot has ben underperforming on bitcoin, however it closed a profitable week on XLM.
Article and guide: https://www.cryptomaton.org/2021/03/14/how-to-code-your-own-crypto-trading-bot-python/
Github Repo: https://github.com/CyberPunkMetalHead/Bitcoin-Surge-Trading-Alpha
Good luck and let me know if you have any questions!
Quote ReplyReport Edit