We track millions of social media posts and use machine learning to determine sentiment for 200+ of cryptocurrencies. One of the cryptocurrencies which we became recently interested in is Aelf. We first noticed it after a sentiment surge on 19th January, see our tweet from that period:
After the sentiment surge, Aelf made a quick rally of around 20% in a day and is still at some decent return since then and yesterday had another big jump in tweets mentions while it remains at a very high sentiment. Will be watching this one to see if it can make a rally to even higher prices. This is also a nice example of one way that we use our portal BittsAnalytics:
- we watch for either surge in tweets mentions or for a surge in sentiment
- if we decide to enter position then we monitor what is happening with those two categories on a daily basis to see whether to add or subtract from our positions
This is actually just one of many ways we use BittsAnalytics for profitable trading. You can use it yourself by becoming our user at www.bittsanalytics.com.