This Bot Buys Bitcoin Every Time Elon Musk Tweets About It
-London-based crypto trader, Andrei Badoiu has built a bot that buys Bitcoin every time Elon Musk tweets about it
-The bot was created to help traders capitalize on Musk’s influence on the crypto market
-This will allow users to make a profit from buying Bitcoin before the price is driven up
Off late, Tesla CEO Elon Musk has seen his influence extend to other areas.
One of the areas where the billionaire is greatly influential is in the crypto market.
Musk’s Tweets have caused the prices of cryptocurrencies like Bitcoin and Dogecoin to jump.
London-based crypto trader, Andrei Badoiu has found a way to capitalize on Musk’s influence on the crypto market.
Badoiu created a bot that can buy Bitcoin whenever Elon Musk tweets about it.
According to the trader, the bot can buy cryptocurrencies within a few seconds of Musk’s tweet.
In theory, Badoiu’s bot will allow you to make a profit from an Elon Musk tweet by buying into it before the price goes up.
Such tools have long been used by stock traders to capitalize on the influence of trends on the market.
Read also: PayPal To Accept Bitcoin, Other Crypto As Payment
While investors can greatly benefit from such a tool, it requires great technical know-how to be configured.
The tool can also be counter-beneficial if Elon Musk tweets something negative about Bitcoin. Imagine Musk waking up to tweet “Bitcoin sucks”.
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