4 ms·
I built a similar tool. but I used twitter and tracked the sentiment of topics including stock and crypto. It's an interesting angle, if you'd want to pursue it
by chidog12 4y ago
I built a similar tool. but I used twitter and tracked the sentiment of topics including stock and crypto. It's an interesting angle, if you'd want to pursue it.
There is somewhat of correlation between online sentiment & crypto price movements, there are a couple papers on the topic. However, it is quite difficult to trade against. I work on wall street (tech side) so this was mostly just past time activity.
- khamoud 4y agoI think I’d like to be able to see big shifts in sentiment or at least be able to graph it over time and compare it to the overall market. But like you said, this is also just a hobby project for me.
- chidog12 4y agoYep, that's what i did. Every 15 min I would measure the sentiment of given topics, normalize the messy data and plot them. you can overlay this against a time series of price data. Twitter also has a historic tweets api. It's more work, but you can backtest as well.
- WalterGR 4y agoWhat tools did you use?