Twitter is one of the most popular social networks among users around the world. But the news and tweets published on this platform are most important for digital currency market participants.
Crypto traders and investors get a better understanding of the market situation by following tweets and news published by important and influential people on Twitter. In this article, we have collected the Twitter account addresses of influential people in the digital currency market. By following the Twitter account of important people in crypto, you can be aware of the latest market events and in some cases, get market entry and exit signals.
How do you use Twitter to predict the price of altcoins?
Field research shows that before the price of altcoin changes, it is discussed a lot on Twitter and gets the attention of Twitter users.
Experience has shown that most traders share this story on Twitter when they make a good profit from their trades or even when they incur a significant loss.
Generally, when a new cryptocurrency project hits the headlines, its roots can be traced to Twitter; Because generally, big analysts of the world of digital currencies and experienced traders discuss the success rate of this project on their Twitter accounts, and sometimes these conversations become a wave in social networks and give positive feedback in connection with the creation of a cryptocurrency and the price creates it.
It goes without saying that the importance of using Twitter to predict the price of altcoins shows itself even more when you know that Twitter activities often do not follow the price of cryptocurrencies, but often influence its price.
Due to such importance, in this article from my wallet website, we are going to examine how to use Twitter to predict the price of altcoins; so, stay with us until the end of this article.
The role of Twitter on the price changes of altcoins
Of course, in the discussion of how to use Twitter to predict the price of altcoins, it is inevitable to mention the community of a digital currency, and one of the most important criteria needed to check the price of altcoins is to check the loyal community of that digital currency.
Naturally, if an altcoin has a good community, the possibility of its success and price growth will always exist. In the past years, Twitter has become one of the gathering places for professional and beginner traders who share their reactions to the events of the world of digital currencies with the world.
Experience has shown that when the number of tweets related to an altcoin increase, we generally have to wait for a price jump in that altcoin, and this is exactly what caused the question to form in the minds of many audiences, how to use Twitter for Should we use altcoin price prediction?!
The answer to this question has different dimensions; but in general, it can be said that in recent years, Twitter has become a place that by creating a wave among traders indirectly affects the increase in digital currency transactions and causes price changes in altcoins.
If you are curious about how to use Twitter to predict the price of altcoins, we must tell you that in order to have a correct prediction, do not neglect the activity of digital currency market influencers as well as the volume of daily tweets. We pay the factor:
The role of daily tweet volume on altcoin price
When the price of a cryptocurrency significantly decreases or increases, the volume of tweets increases in connection with it, and this issue causes the attention and concentration of all traders to be drawn to these price changes of altcoins and a suitable opportunity. It provides professional traders to experience good surfing in these price fluctuations and achieve good profits.
The role of activity of cryptocurrency market influencers on Twitter
The price of altcoins is heavily influenced by the activity of crypto influencers on Twitter, and these people can easily cause large price changes in altcoins.
A clear example of this claim is Elon Musk's support for Dogecoin, and when a positive tweet related to this cryptocurrency is published on Twitter from Elon Musk's Twitter account, the price of Dogecoin suddenly experiences an interesting price growth.
We should probably look for the reason for such an effect in the fact that most traders have assigned a special place to the tweets of such influential people, and after seeing such positive tweets, they immediately buy that cryptocurrency.
If you are looking for more profit from the cryptocurrency market, the advice of our experts in my wallet is to follow the user pages of these influential influencers of the digital currency market so that you can predict the price of altcoins with the help of Twitter; because these pages provide you with good entry and exit signals.
How to use Twitter to predict the price of altcoins
Timely prediction of the price of digital currencies and altcoins can play a significant role in your success rate in such a market, and certainly anyone who can achieve correct predictions in this field will make a good profit; But the question is, is it possible to trade based on Twitter news?!
In response to this question, we must say that there is a significant difference of opinion in this field and some analysts believe that by continuously following tweets, you can get good opportunities to earn from Metaverse and this volatile market, and these analysts mainly rely on The two factors of the volume of daily tweets and the signal of influencers are concentrated, and in front of these people there are other analysts who do not trust the Twitter environment and the signals in it and believe that using such a method cannot be very useful for trading cryptocurrencies.
It is true that each of these two categories has different arguments; But in our opinion, those traders can appear more successful in the field of trading altcoins who, in addition to using Twitter to predict the price of altcoins, also get help from technical analysis.
Teaching how to use Twitter to predict the price of altcoins
In the above material, you learned about the impact of Twitter in predicting the price of altcoins; but the issue that still remains dumb comes back to the Twitter space itself, for example, you can get good entry and exit signals from Twitter accounts like "Markets Pro"; but our problem is related to the volume of tweets and their role!
What should be the volume and number of tweets for us to notice a wave of price increase?! Analysts in favor of using Twitter to predict the price of altcoins believe that when the volume of daily tweets exceeds 3 thousand tweets, it can have a significant impact on the price of altcoins. In order to understand these price changes more easily, consider the following examples:
Loop ring price (LRC)
Loopring was one of the cryptocurrencies that experienced a price growth of 13.72% in 24 hours. In fact, this price increase happened when the volume of tweets about looping increased by 96%, and this caused its price to reach $3.15.
Nucyfer price (NU)
NuCypher is another currency that was listed on South Korea's UpBit exchange on October 15, and it suddenly experienced a 598.87% increase in tweet volume, and its price went from $0.30 to $3 in just a few hours!
Twitter's volume index shows that only two hours before the price increase of this cryptocurrency, the volume of tweets related to Nucypher has taken an upward trend, and it was probably this volume of tweets that caused this cryptocurrency to experience a 10-fold price increase.
When the price of a cryptocurrency significantly decreases or increases, the volume of tweets increases in connection with it
Engine Coin (ENJ) price
October 31st can be considered a golden day in history for the blockchain game platform Engine; Because despite the fact that ENJ's parabolic upward trend was subsiding, the discussion about it on Twitter flourished, and this increase in the volume of tweets caused attention to be drawn to this project again and finally brought it to a record price of $3.45. Enginecoin owes the achievement of this price record to a 354.32% increase in the volume of tweets and has always acknowledged it.
A golden tip in using Twitter to predict the price of altcoins
In this article from my wallet, we have tried to remove the ambiguities in this field to a significant extent by thoroughly examining how to use Twitter to predict altcoins, and as you have seen in the above, today's virtual space and Social networks have a great impact on our human lives, and the cryptocurrency market is no exception to this rule, and the tweets of influential people such as Elon Musk and Vitalin Buterin have always caused an increase or decrease in the price of altcoins, which should not be ignored.
It goes without saying that if you notice a significant increase in the volume of daily tweets related to a digital currency, you should also expect an increase in its price. A clear example of this claim is the price growth of Sandbox, Engine Coin, and similar cases that we discussed in the above.
Needless to say, if you have any questions about how to use Twitter to predict altcoin prices that are not covered in this My Wallet article, you can post your question in the comments section to be answered by our experts as soon as possible. Your question will be answered.
Follow these digital currency activists on Twitter!
One of the ways to stay up-to-date in the cryptocurrency market is to follow digital currency activists and read experts' opinions and analyzes about digital currencies. It may be difficult to identify these people. This article will help you to know the most influential people in the world of cryptocurrencies.
Today, almost the majority of people who are not familiar with the world of cryptocurrencies know influential people and activists in the field of digital currency. There are great and influential people in this industry who have a lot of experience in this field. Following and reading comments from people who are actually involved in the cryptocurrency community can give users a great experience.
Studying the opinions of digital currency activists on Twitter
Social networks allow industry leaders to connect with the general public in a variety of contexts. One of the important social networks is Twitter, which can be a good source of information in the field of digital currencies and blockchain technology. In this article, we introduce famous people and geniuses in the field of cryptocurrencies. You can follow them on the Twitter platform and in this way, get information in the world of cryptocurrencies to improve your knowledge in this field. In the following, we will introduce each of these people and their Twitter accounts.
Vitalik Buterin
We start this list with the number one man of Ethereum. Vitalik Buterin is a Canadian-Russian programmer and writer. Like many influential people in the world, he dropped out of university. Buterin is one of the most famous people in the field of digital currency and one of the influential people who has the most followers on Twitter.
The founder of the Ethereum blockchain network does not shy away from expressing unique and usually critical opinions about the problems of the blockchain world, as well as entering into controversies that may not necessarily be related to Ethereum. Throughout, Vitalik Buterin shares his thoughts on blockchain scalability, monitoring, ICOs, decentralized applications, and network security.
Charlie Lee
The second person we are going to introduce is Charlie Lee. Most people and activists in the cryptocurrency field know Charlie Lee; He is the famous founder of the Litecoin blockchain network, one of the forks of Bitcoin. Lee has also been the director of engineering at Coinbase.
Over the years, Charlie has been known for speaking freely about his thoughts on various cryptocurrency topics. The founder of the LiteCoin network is also known for his support of different projects and the various actions he has taken in this field. The founder of Litecoin usually talks about Bitcoin, scalability, forks and atomic exchanges.
CZ, founder of Binance exchange
Chang Peng Zhao, a 43-year-old Chinese-Canadian man in the digital currency market, who is the founder of the Binance exchange, the world's largest digital currency exchange, is one of the famous people in this field. Undoubtedly, following him and reading his comments will help a lot in understanding the cryptocurrency market trends better. Chang Peng Zhao is undoubtedly one of the most influential people in the market. Many believe that he, who previously only worked in the field of trading, is now looking to compete with big names such as Vitalik Buterin and the Ethereum network by launching the Binance smart chain. Opinions about Defay's field and their future are among the most controversial about him. If you are active in the Binance exchange, it is necessary to follow the first-hand information from its founder's page.
Nick Zabo
Nick Zabo, long rumored to be the real Satoshi Nakamoto, is one of the most influential and leading figures in the blockchain space. Zabo is a well-known computer scientist, forensic researcher, and cryptographer, best known for his research into digital contracts and the creation of smart contracts.
Nick Zabo was also the designer of BitGold in 1998 and now owns the Unenumerated blog. Nick Sabo is known for tweeting about various technical concepts. Undoubtedly, reading his tweets and paying close attention to his expert opinions in the field of cryptocurrencies will give us valuable information.
Roger Ware
Roger Ver is the main sponsor of Bitcoin Cash
Roger Ver is known as the "Christ of Bitcoin". He is the main supporter and leader of the Bitcoin Cash development team, one of the hard forks of Bitcoin. Ware is one of the first people to invest in blockchain startups such as Bitcoin, ZCash, BitPay and Kraken.
Roger Ware is also a member of the advisory board of the Bitcoin Foundation. At the time of the creation of the hard fork of the first cryptocurrency market, Roger Ware was a fan of Bitcoin Cash, and therefore many consider his support for the BCH network to be the reason for the success of this Bitcoin fork.
Gwen Anderson
Gavin Andresen is a software developer and one of the first developers of the Bitcoin network. Andersen holds the prestigious title of leading the Bitcoin development group after Satoshi Nakamoto in the early years of introducing this digital currency.
After Satoshi Nakamoto stepped down from the development of Bitcoin, he chose Goin as the leader of the development of the world's top cryptocurrency; this is the reason for his fame and importance of following him. In 2012, Andresen helped form the Bitcoin Foundation to facilitate the development of the network. He resigned from this foundation in 2014 and started his personal plans in this field.
Gwen Anderson
Gavin Andresen is a software developer and one of the first developers of the Bitcoin network. Andersen holds the prestigious title of leading the Bitcoin development group after Satoshi Nakamoto in the early years of introducing this digital currency.
After Satoshi Nakamoto stepped down from the development of Bitcoin, he chose Goin as the leader of the development of the world's top cryptocurrency; this is the reason for his fame and importance of following him. In 2012, Andresen helped form the Bitcoin Foundation to facilitate the development of the network. He resigned from this foundation in 2014 and started his personal plans in this field.
Joseph Lubin
Joseph Lubin is one of the famous people in the crypto space, especially in Canada. Lubin is best known for his involvement in the Ethereum project. Lubin is also one of the founders of Ethereum and has established the Ethereum Foundation in Canada.
Joseph Lubin is also the founder of ConsenSys; Consenseis is a project that aims to decentralize the Internet through the Ethereum platform. Most of the projects of this blockchain studio are related to the Ethereum network.
Lara Sheen
If you're into podcasting and looking to hear stories and narratives in the cryptocurrency space, follow Laura Shin. Shane is a reporter and writer for the Forbes news-analysis site who writes about blockchain.
Lara claims to not own any coins and hosts the Unchained and Unconfirmed podcasts, telling interesting and incredible stories about blockchain activists. If you want to gain an insight into this industry and are also interested in its technologies and how this technology can change or transform many industries, Lara is the right person to follow. Be sure that reading his opinions in the field of cryptocurrency will greatly help to improve your technical knowledge.
Andreas Antonopoulos
If you have been following the weekly program with Anthony Mehen Blockchain, you must be familiar with Andreas M. Antonopoulos. Antonopoulos is one of the most prominent experts and public speakers, and is exactly the kind of person who can be called a messenger and messenger of Bitcoin.
Andreas is an expert in this field and has published several valuable books on the introduction of Bitcoin and Ethereum. This featured speaker is also one of the first investors on Ethereum. Without a doubt, he can be considered one of the most important and influential people in this industry.
Charlie Sharm
Charlie Shrem is the CEO of Crypto.IQ, a well-known speaker, author and one of the leading Bitcoin promoters. Sharm is a consultant at Changelly.com and also the founder of the Bitcoin Foundation.
With such an impressive resume, it's no surprise that Charlie is one of the most influential people in the field. Sharm is 30 years old and very active. You will definitely not regret following him.
Ricardo Spain
If you are interested in the field of digital currencies in general, don't miss Ricardo Spagni's comments. Spanish is the creator of Monero cryptocurrency. Monero is one of the most private and anonymous cryptocurrencies to date.
Ricardo is one of the most influential people in this industry. The unique thing about the creator of Monroe is his humorous personality. In general, reading his comments, in addition to increasing your technical knowledge in the field of cryptocurrency, is also considered good fun.
Max Keyser
Max Keiser is a cryptocurrency advocate and host of the Keizer Report. This program claims to have the largest audience in the field of digital currency in the world.
Max Keyser was a big fan of Bitcoin since its price was $3. Keizer believes that cryptocurrencies will help traditional markets change and improve.
Jamison Lapp
Jameson Lopp is a seasoned cypherpunk, co-founder of Casa, writer for BTCtimes magazine, and advisor to INX Investments. He is also one of the famous and expert cryptographers in the field of cryptocurrencies. If you're interested in the technical aspects of cryptography, listening to his podcasts and reading his writings are great resources to learn. He is also the owner of an educational blog in the field of digital currencies, which you can find inspiring by reading each and every one of his posts. The precision in his writing as well as his extensive mastery of cryptography and digital currencies have made his writings precise, scientific and practical.
Anthony Pampleano
KNOWLEDGE IS POWER is the famous motto of Anthony Pompliano. He is an entrepreneur and investor in the field of technology. Many call him Pomp for short. He owns an investment group in the field of digital currencies. One of his most popular programs is the podcasts that are released regularly. This podcast series is published under the title of The Pomp Podcast. If you are interested in the technical aspects of blockchain and the economic part of this field at the same time, he is one of the best.
Willy Woo
Willy Wu did not have a strong scientific background in the field of cryptography, computer science and blockchain, and he is one of the people who accidentally got acquainted with Bitcoin in 2013. He bought his first bitcoin in 2014. In 2016, he started his research in the field of digital currencies in a completely professional manner. He has also been a writer for CoinDesk and Forbes Economic Magazine. Perhaps his expertise can be considered macro analysis of the digital currency market. His name was among the top five market analysts in 2017.
The Winklevoss Brothers
Taylor and Cameron Winklevoss, known as the Winklevoss twins, are the original owners of the Facebook idea, graduates of Harvard University and founders of Geminai exchange in the field of digital currencies. Much can be written about these two. They are sometimes referred to as the billions of digital currencies. These two are also the main owners of the Facebook idea. After entering the supply of digital currencies, he has had extensive activities, the most famous of which is the establishment of Geminai digital currency exchange. In addition to this activity, they also run their own investment company. These people can be considered pioneers in the field of technology, and following them and reading their comments on Twitter informs us of the latest happenings in this market.
Jimmy Song
Jimmy Song is a Bitcoin developer, writer and fan. He has participated in the development of Bitcoin since 2013, and for this reason, he is considered one of the oldest people in this field. The development of an open-source digital wallet for Bitcoin is one of his first activities in the field of digital currencies. If you are interested in technical matters, following him will give you a lot of information. He is also one of the influential people in the development of Paxos, the financial institution that offers PAX stablecoin in the digital currency market.
Crypto traders and investors get a better understanding of the market situation by following tweets and news published by important and influential people on Twitter.
Crypto activists; Famous traders and analysts
In the following, due to the large number of people who trade in the cryptocurrency market, we plan to introduce the most famous analysts of this market as well. These analysts are among the digital currency activists whose main focus is on the price changes of digital currencies.
If you are engaged in trading in this area, following these people and paying attention to their opinions and analysis can be a good guide in investing in this market.
PlanB
Plan B used the S2F or Stock-to-Flow method for Bitcoin for the first time. This method is used to predict the price of Bitcoin. He is one of the prominent analysts of the digital currency market, and many prominent news outlets such as Coin Telegraph and Coin Desk generally publish and republish his analysis of the price of Bitcoin. He has an education related to economics and advises in the field of investment.
Crypto Yoda
It's time to introduce one of the prominent market analysts. In the financial markets, technical analysis and the principles of investing in digital currencies have many fans. CryptoYoda has introduced himself as a technical analyst and writer in the field of digital currency.
Crypto Yoda has earned a reputation for his meticulous crypto analysis. He usually tweets about useful trading and trading tips and also has a specific perspective on cryptocurrency news, so following him on Twitter can be valuable.
Murad Mahmoud F
Murad is the famous cryptocurrency trader of Adaptive Capital Fund; A digital currency fund that actively trades cryptocurrencies. He is very famous in the world of crypto social network Twitter.
One of the reasons for Mahmoud F's popularity is the use of charts that generally consider the psychology of traders in the digital currency market. But Murad is also present in cryptocurrency discussions and regularly shares valuable news information.
PaTo
Pato, also known as Moonshila, was a notorious trader in the Twitter crypto community for a while. He is best known for his detailed and attractive long-term macro charts, often accompanied by flashy graphics and his signature style of writing (sigNatuRe WriTing).
But don't be fooled by paTo's showy appearance; Pato is really a keen trader and knows very well the price trends of the financial markets. He often introduces great buying opportunities and golden opportunities for capital companies. A commonly asked question is, what crypto should I buy now?
Young Tilopa
YoungTilopa may be a new name to many traders. In social networks, a low number of followers does not always mean that a person is not capable. YoungTilopa is living proof of this.
This cryptocurrency analyst has very detailed charts and often combines them with order list analysis and how that asset is traded in the market. This analyst has a different view of the market and following him and paying attention to his analysis and opinions will help a lot in improving your trading skills.
Phil Phil
It is almost impossible to be active in the digital currency market and not have seen his analysis. FilbFilb is probably the most famous trader in this article; not only is he active and tweets regularly, but he even has an active Telegram channel where he explains more about his deals and ideas.
Also, filbfilb publishes a weekly report and newsletter for free. His charts are a great way to help you understand what is happening in the market.
Nebraskan Gooner
NebraskanGooner is a highly skilled digital currency entrepreneur and scalping trader. Also, on the Glassnode Business Advisory Board, he often shares very interesting blockchain diagrams with his followers.
With 54k followers, she's already made a name for herself, but she definitely deserves more.
CryptoCred
We can't end this list without mentioning CryptoCred. Whether you are a beginner or an experienced cryptocurrency trader, CryptoCred has a lot for you.
With several valuable video tutorials for trading, he is probably the go-to reference for any cryptocurrency trader who wants to learn something new. Apart from this, he tweets very interesting charts that help you understand the current price action.
Conclusion
In this article, we tried to provide a list of digital currency activists and influential people in the cryptocurrency market. By reading the opinions and analyzes of cryptocurrency market professionals, your technical knowledge will increase significantly.
This list is certainly not complete. It is obvious that in a time when social networks have expanded a lot, it is impossible to know all the professionals in a field; Let alone the field of cryptocurrencies, which is a new and knowledge-based field. If you know someone else, be sure to introduce him to us and others in the comments section of this article.
Comments