Rhino on using CT for trading
I've been on Crypto Twitter since January 2018 and the first thing to notice is that most of CT does a very poor job at actually identifying who's sharp. Following sharp people and copying them, especially when you don't have your own ideas, is useful. I even have some friends who I would consider sharp that I talk to on a regular basis, not on Twitter, where if I don't have a trade idea and then they feel strongly about something, sometimes I'll just blindly copy them because I know this person over the long run is a profitable trader. So I don't really believe in that whole you can't copy people to like aid your trading at all. If I'm bullish and someone else is bearish, I'm not gonna change my thesis and take on their position. That'll never happen. Reading comments requires taking everything with a grain of salt, only following the sharp people. Sentiment is only kind of useful at these really extreme turning points that I was talking about. I find it useful in those moments but that's like maybe once or twice a year.
