{"id":57370,"date":"2022-02-08T15:34:31","date_gmt":"2022-02-08T13:34:31","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=57370"},"modified":"2025-09-04T11:23:28","modified_gmt":"2025-09-04T08:23:28","slug":"trader-touts-success-of-tweet-driven-strategy-tied-to-peter-schiff","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/trader-touts-success-of-tweet-driven-strategy-tied-to-peter-schiff\/","title":{"rendered":"Trader touts success of tweet-driven strategy tied to Peter Schiff"},"content":{"rendered":"<p>A trader going by the handle macromule shared a trading algorithm that would have produced around 1000% annual return. The signal to enter a position is a tweet by Bitcoin sceptic and gold advocate Peter Schiff about the first cryptocurrency.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">I wrote a trading algorithm that buys <a href=\\\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\\\">#Bitcoin<\/a> every time <a href=\\\"https:\/\/twitter.com\/PeterSchiff?ref_src=twsrc%5Etfw\\\">@PeterSchiff<\/a> tweets about BTC and sells 72 hours later.<\/p>\n<p>Since May, the algorithm would have executed 203 trades, achieving an annualized return of ~1000%. 65% of trades are profitable with a 3% average return.<\/p>\n<p>\u2014 Sam Baker (@macromule) <a href=\\\"https:\/\/twitter.com\/macromule\/status\/1366840685962223616?ref_src=twsrc%5Etfw\\\">March 2, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>The user recommended closing the position after 72 hours. Over the period examined under such rules, one could have completed 203 trades, of which 65% would have yielded an average return of 3%.<\/p>\n<p>Below is a fragment of the &#8216;strategy&#8217; performance in January 2021. In one instance, the profit amounted to 19%, in another\u2014 23%.<\/p>\n<div class=\\\"wp-block-image\\\">\n<figure class=\\\"aligncenter size-full\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" width=\\\"1001\\\" height=\\\"615\\\" src=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/1-129.jpg\\\" alt=\\\"\u041f\u043e\u043b\u044c\u0437\u043e\u0432\u0430\u0442\u0435\u043b\u044c \u0441\u043e\u043e\u0431\u0449\u0438\u043b \u043e\u0431 \u0443\u0441\u043f\u0435\u0445\u0430\u0445 \u0442\u043e\u0440\u0433\u043e\u0432\u043e\u0439 \u0441\u0442\u0440\u0430\u0442\u0435\u0433\u0438\u0438 \u043d\u0430 \u0431\u0430\u0437\u0435 \u0442\u0432\u0438\u0442\u043e\u0432 \u041f\u0438\u0442\u0435\u0440\u0430 \u0428\u0438\u0444\u0444\u0430\\\" class=\\\"wp-image-164427\\\" srcset=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/1-129.jpg 1001w, https:\/\/u1f987.com\/wp-content\/uploads\/1-129-300x184.jpg 300w, https:\/\/u1f987.com\/wp-content\/uploads\/1-129-768x472.jpg 768w\\\" sizes=\\\"auto, (max-width: 1001px) 100vw, 1001px\\\" \/><figcaption>\u0414\u0430\u043d\u043d\u044b\u0435: <a href=\\\"https:\/\/twitter.com\/macromule\/status\/1366840688709488640\/photo\/1\\\">Twitter<\/a>.<\/figcaption><\/figure>\n<\/div>\n<p>Peter Schiff himself was among those who responded to the tweet.<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p><em>\u00abI think that\u2019s as good a reason as any to buy Bitcoin. Good luck,\u00bb<\/em> he wrote.<\/p>\n<\/blockquote>\n<blockquote class=\\\"twitter-tweet\\\" data-conversation=\\\"none\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">I guess that\u2019s as good a reason as any to buy <a href=\\\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\\\">#Bitcoin<\/a>. Good luck.<\/p>\n<p>\u2014 Peter Schiff (@PeterSchiff) <a href=\\\"https:\/\/twitter.com\/PeterSchiff\/status\/1366932312907210758?ref_src=twsrc%5Etfw\\\">March 3, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>Earlier in January, Galaxy Digital founder Mike Novogratz offered Schiff a <a href=\"https:\/\/u1f987.com\/en\/news\/mike-novogratz-bets-peter-schiff-1-million-on-bitcoins-price\">bet of $1 million<\/a> on the price of the first cryptocurrency.<\/p>\n<p> Subscribe to ForkLog news on Telegram: <a href=\\\"https:\/\/t.me\/forklogfeed\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog Feed<\/a> \u2014 the full feed of news, <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog<\/a> \u2014 the most important news, infographics and opinions <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trader going by the handle macromule shared a trading algorithm that would have yielded around 1000% annual return. The signal to open a position is a tweet by Bitcoin sceptic and gold advocate Peter Schiff about the first cryptocurrency.<\/p>\n","protected":false},"author":1,"featured_media":57371,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1298,27],"class_list":["post-57370","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-peter-schiff","tag-russia"],"aioseo_notices":[],"amp_enabled":true,"views":"23","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/57370","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=57370"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/57370\/revisions"}],"predecessor-version":[{"id":57372,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/57370\/revisions\/57372"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/57371"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=57370"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=57370"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=57370"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}