There is too much redundant information on crypto Twitter: How to find alpha efficiently?

Author: hoeem, Crypto KOL; Compiler: Felix, PANews

There are many high-value accounts on Crypto Twitter that can provide a lot of alpha signals (valid information), however, the amount of noise (interference information) is a hundred times that of the former, so the user experience and ability to obtain valid information on Crypto Twitter is very poor.

Here's how to create a timeline to help you benefit from the following accounts:

• Lows are bullish

• Highs are bearish

• Ability to select altcoins that perform well

First, find accounts that can pick out altcoins that perform well at the right time.

Find an account that predicts altcoins

1: Find out the outperforming coins

You can visit CoinGecko to see the best performing coins in the past 30 days.

2: Note down the date of interest

You need to find the date before the price went up.

For example, $LIQD on Hyperliquid.

To view data between May 14 and June 1:

3: Advanced search filtering

Using the browser version, you can click here.

• Search for $LIQD

• Enter date

• Find early bullish accounts

• Follow them/note their account names and add them to the X list

4: Is it pure luck?

If you really want to know whether their predictions are accurate every time, you can check all the tweets posted by the account to verify (it is unlikely to be accurate every time in the crypto field, but if you can choose one out of 100 times, it may be worth knowing).

Find accounts that judge the market direction correctly

The same method can be used to find accounts that judge the direction correctly.

1: Find the dates of interest

You want to find accounts that were bullish on the lows, in this case, look at accounts between April 5th and 12th.

In addition, you want to find accounts that were bearish on the highs, in this case, look at accounts between January 17th and 31st.

2: Advanced search filter

Use the browser version, click here.

You can use the "All search terms" search bar to search for phrases such as "bullish Bitcoin", "Bitcoin lows", "bullish $BTC" or "$BTC bottom".

Then enter the date of interest near the bottom, which is April 5-12.

Then do the same using the "All Search Terms" search bar to search for phrases such as "bearish bitcoin," "bitcoin highs," "bearish $BTC," or "$BTC tops."

Then enter the dates you are interested in near the top, which is January 17-31.

3: Write down these account names

You can create a list of accounts that are correct in direction when the market is extreme.

4: Are they dull in direction?

You need to see if they are consistently bullish or consistently bearish.

Just a quick manual audit of the account with:

(bullish)(from@____)

(bearish)(from@____)

plus other keywords that indicate bearish or bullish sentiment, if it was bullish all year, you won't get much useful information, if it was bearish all year, you won't get much useful information either.

Conclusion

Finding alpha on X takes a little longer than usual, because the "clowns" are always the noisiest. You just need to create two lists:

• Accounts that are good at picking altcoins

• Accounts that are good at direction finding

When the market is as volatile as it is now and altcoins are fragmented, you need all the help you can get. This article was inspired by Ignas, who has done a lot of work, but not all, on how to find "highly profitable" accounts this way.

Note: Here is Ignas' list:

• Protocol Deep Research: Castle Labs

• Industry Deep Research: Kairos Research

• Data-driven Narrative Research: OurNetwork

• Degen's Paradise: blocmates.

• Monthly Market Report and Data Dashboard: OAK Research

• Improve your understanding of cryptocurrency: Chorus One

• For traders and Degen investors: Onchain Wizard

Zee Prime Capital (articles, Matti contributed )

Reputable Sources:

• Blockworks Research

• Delphi Digital

• Nansen Research

• Messari

Independent Bloggers:

• The DeFi Investor (@TheDeFinvestor)