Invest Into Bitcoin With Brain
Published: Mon, 01 Nov 2021 01:47:12 GMT
By: ADCREW LLC
Business, Technology, Society & Culture
Season: 3, Episode: 2
One Dashboard, One Decision to invest into Bitcoin. Simplify your decision to invest in Bitcoin with the help of our Investment Calculator.
The reason is very simple: market data tells you the result of market price, meanwhile, social data lets you predict the trend of price before it lands. Because the investment game is the crowd's psychological mind game, if you can handle the crowd's mind, you can predict the market.
To win the crowd's investment, you need to understand the psychology of the crowd and how to manipulate it. You need to know when and where to invest, and how much risk you should take.
- XBTUSD: The current Bitcoin to US Dollar exchange rate.
- Sources: Social listening data that are tracked from social: Bitcointalk, Twitter, Reddit.
Let's take a closer look at the XBTUSD chart. Before moving forward, please first understand these terms:
- Score (Golden Line): From range 0 to 1, this number indicates the attention of the people on social platforms who are talking about the Bitcoin. The highest score is, the biggest trading opportunity.
- Trending_topics (White Line): The main keywords that people talk about.
The rule is very simple: Regardless of the Bitcoin price, if the sentiment score is high, the price will be increased. But if the price is high and the sentiment is getting down, Bitcoin prices will be down soon.
Bitcoin is a cryptocurrency. Bitcoin prices are determined by supply and demand, so if the sentiment is getting down, the price will be down soon.