I recently created an algorithm that analyses the Reddit posts sentiment and places trades on Binance when the average sentiment for a certain coin is positive.
It's a configurable script where you can choose which subreddits to scan, along with more customisation options that I will cover in the How To part.
I also implemented a test mode for paper-trading so that I can test out how efficient this strategy actually is, and left the bot running overnight!
Well it turns how that I now have BTC, ETH and ALGO and due to the mini bull run today, I'm all in the green. So thank you, Reddit hivemind!
I open sourced the script here if you're interested in testing it out:
https://github.com/CyberPunkMetalHead/reddit-cryptocurrency-trading
And wrote a guide on how to run it here:
[link] [comments]
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