I have given the Reddit hivemind control of my portfolio – day 3 of buying cryptocurrency using an algorithm that analyses Reddit crypto sentiment


I recently build a cryptocurrency trading algorithm that buys coins based on hot posts and their sentiment in relevant subreddits.

I decided to bite the bullet and to let it run for a few days and see what happens. I have given the reddit hivemind control over my crypto portfolio as an experiment as well as a curiosity.

Here’s my current portfolio after letting the bot run for a few days: BTC, ETH, ALGO, XLM, ADA, SOL.

And here’s the kicker – it did not bankrupt me, it did not buy unknown shitcoins – it didn’t do any of these things. It broke even for now.

If anything, I’m surprised of the overall sentiment and quality of post: No DOGE, SIHBA or other shitcoins were picked, good job reddit 🙂

The bot analyses the top 10 posts in hot, and checks for keywords from the top 40 coins by marketcap. If there’s a match with positive sentiment in any of the posts, the bot will buy.

I’ll keep this running for the next week or so and will keep posting my results.

submitted by /u/CyberPunkMetalHead
[link] [comments]