Market is bearish and many are feeling down, so am I. But i always believe cryptocurrency is a long-term thing, so 5 months ago i stopped looking at day by day charts and tried something else. My idea is that this market is strongly affected by investor, trader with all the FUD, FOMO, news and rumours. These things rarely means anything but I think the way people react can really reflect plenty.
So, I collected social data like ‘Number of mentions on Twitter, Reddit’, ‘No. of new Twitter followers of a coin within 24h’, ‘% of new Twitter followers per day compared to the last 30 days average’, etc. You guys can use these information to help your market predictions, as price changes often follow after news – big or small.
For example, if a coin have big price wave moves but these coin get no mention on twitter, reddit, github… (much as i can crawl now), it may be manipulated by whales. Or if you see a coin being mentioned and discussed a lot on the net, there must be a big community supporting it, affecting reliable price growth in the future. Example , for a week ago, ETH surge a lot, but in the first day and even a full week before, there were no increase to the number of new Reddit subscribers a day, the number of new posts and online users even decreased compared to the month before. Twitter showed the same signs too, with lower new followers and mentions, so I figured that its just a short pump by whales to control the market and buying strength would fall to support real soon. So I sold all my E on 5th Jan when i saw a pinbar, because i think people were starting to get hyped since ETH have x2 from 90$. That choice totally saved my ass, now at least i can by more ETH after crashed.
These are the main functions that I think is important, and haven’t seen in any other apps at the moment. That aside, I also included small features like notification when there’s a price surge in cryptocurrency within 60 minutes (or a pump and dump as you call it), or when a coin is listed or delisted. I feel like it helped me to keep up with the changes in the market without having to read up all the news and all the latest information. Important thing to note: This crappy indie app won’t require any permission from your phone, so you don’t have to worry about the safety of your private keys.
This is link for android https://play.google.com/store/apps/details?id=com.cointrendtracker
And for dude who use iphone: https://itunes.apple.com/app/apple-store/id1443987253?mt=8
I build it by myself with the help of some friends (i’m Major in Computer Programming) . I know it just an unknown app, and you may find it so silly but i’d love to hear what you guys honestly think. I love coding useful tools for crypto trader so if you have any idea, but you aren’t able to make it, you can tell me about it via my email and I’ll try to make it a reality if I am able to. My email is: [email protected]
Thanks for reading until here. Bless y’all