Is YouTube Sentiment a Crypto Indicator?

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One of the reality of the crypto world is definitely YouTube.

The truth is when retail investors jump in the market, there are 2 o 3 places where they try to understand something about the Crypto world:

  • Google
  • YouTube
  • Reddit

Sometimes I follow Crypto Banter on YouTube, also if sometimes their theories are contradictory, it is a very well managed YouTube channel.

Recently @Cryptomanran came out with a very good theory.

The YouTube Sentiment is a Crypto Indicator.

On this video:

 

 

At the minute 12:50 he explains this very good theory.

 

Essentially, he explains, that during the pick period of mid April - mid May, all major Crypto YouTube channels were booming with views; after the dump all views decreased.

He is predicting that when the next big pump will come, the views will increase once again.

It sounds pretty obvious, but it is very interesting to see that most of people don't know something about a specific subject, one of the major resource is YouTube.

So during the next bull run, keep an eye on the number of the views and it will help you to anticipate your exit strategy (if you have one).

 

PS: I’m not a financial advisor, never invest all your money in crypto, to have a stop loss is very important!

 

DO YOUR OWN RESEARCH before investing your money.

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