Twitter is an important research tool, but it’s also tricky to use. The sheer amount of information speeding through can be overwhelming, and, of course, there is a lot of misinformation.
On the other hand, it is the first immediate source of news you may need – such as when China banned Bitcoin mining – to make important investment decisions.
The trick is to curate high-value posts and eliminate anything non-essential from the feed.
Here is a four-part strategy from a professional hedge fund trader, who needs Twitter, but has found his own way to tame the Twitter beast;
- Set up a separate Twitter account for your crypto research. This way, you can avoid flooding your crypto account with information that is not specifically useful to you as an investor and still keep other threads coming in on your other accounts.
- Only follow trusted influencers and projects you are interested in. The trader who gave us this strategy still has about 300 influencers he follows.
- Only accept notifications from the top few with the highest value. This boils down the number quite a bit, to, say, 35 notifications instead of hundreds. A tip here is to keep reviewing this so that you only receive high-value notifications and turn off the rest, saving your precious time.
- Sign up for Airdrops – companies that reward tokens if you do them favors, such as Tweeting or sharing their ICO. Twitter is a great source for these notifications, and they can directly result in income. Just go to the website to find the documentation on what tasks you will need to perform to earn the rewards.
Many thanks to Brandon C. for sharing these tactics.