I have given the Reddit hivemind control of my portfolio – day 5 of buying cryptocurrency using an algorithm that analyses Reddit crypto sentiment

I have given the Reddit hivemind control of my portfolio – day 5 of buying cryptocurrency using an algorithm that analyses Reddit crypto sentiment

Share:

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.

I’m on day 5 now and my portfolio is growing. I own BTC, ETH, ALGO, XLM, ADA, SOL, LINK, DOGE, MATIC, XTZ and LTC. Bit of a mixed bag really.

Here’s the change in price in % on each day since the coins were bought. Each column represents a day. Coins with less than 5 columns, means they were bought more recently.

https://preview.redd.it/dk8tawaqc1971.png?width=2141&format=png&auto=webp&s=e33a8f4f1ae2e01d77918a7236d2ec5dd8b3116e

We’re on 1.4% profit overall which is a lot more considering I was bracing for a loss xD

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]