DESCRIPTION This bot is designed to buy bitcoin every time Elon musk tweets about bitcoin with the following parameters: The bot will open a buy position on bitcoin every time Elon mentions bitcoin in his tweet Take profit is set to 10% and stop loss to 5% The bitcoin bot will not place another trade if there is already an active trade (can be adjusted) The bot uses the Tweepy API and a Twitter developer account that you will need access to, as well as a MetaTrader 5 account. For a detailed guide on how to set up all the resources you need for this project please visit: https://www.cryptomaton.org/2021/03/21/program-a-trading-bot-to-buy-bitcoin-when-musk-tweets-about-it USE CASES This particular project is mainly built for fun and the novelty of it. it has not been tested on a live account and there isn't any details analysis to suggest this might work. If you do test this, please share the results! Want to collaborate? Get in touch.
This is a bitcoin bot that will automatically buy bitcoin if Elon Musk Tweets about it. It is a configurable crypto trading bot that listens to Technoking Musk to express his opinions on Bitcoin and buy as soon as he's tweeted.
Overview
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Comments
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Needs to keep track of purchases and sales
As the IRS requires gains taxes on every bit coin purchased, this needs a record of exactly which coins are purchases, sales, the dates, and values for your tax accountant.
https://www.irs.gov/businesses/small-businesses-self-employed/virtual-currencies
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Re-configuration of bitcoin-bot-buy-if-elon-tweets for a Telegram group
Hello CyberPunkMetalHead, I just found your GitHub profile and got interested in a script based on Elon's Tweets. However, he's being quite unreliable recently... how about if I would like to connect Binance to Telegram account with your bitcoin-bot-buy-if-elon-tweets and execute buy/sell orders according to a message from a certain group? Could you help me to re-design you script for that?
Thank you very much! Simon
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