ChatGPT prompts for Crypto research and analytics

assisterr
8 min readMar 31, 2023

Nick Havryliak, CEO assisterr.xyz

LLMs are revolutionizing the way users search for, analyze, and use data in their decision-making process. While hundreds of millions of users have experience with writing prompts to ChatGPT and getting responses, only a small portion of users know how to write prompts that deliver great results, not just average ones. However, as we talked with our beta users, we found that many of them may need additional support with prompt engineering to get the most out of the assisterr — a product our team is working on.

In this blog post, you will find:

  1. Prompts for monitoring crypto portfolios with ChatGPT
  2. Prompts for researching new crypto projects based on social data
  3. Ask for an explanation as ChatGPT is your mentor and advisor
  4. How to upskill yourself as a crypto-investor with ChatGPT
  5. Limitations of CHatGPT for Crypto analytics and research
  6. Assisterr approach for crypto analytics with ChatGPT

Generating prompts library for your crypto-investment needs

ChatGPT is trained on large data sets which often belong to some real characters or personas and they may have specific styles of thinking, behavior including approaches to investment, and much more. So chose a character, define the type of strategy you wish to have, and specify what you want to get.

Here is an answer that includes a list of prompts that you may use to monitor your crypto-portfolio with ChatGPT:

”As Michael Saylor, I recommend the following prompts to monitor your current portfolio:

  1. What is the current market value of my portfolio?
  2. How has the value of my portfolio changed over the past week, month, and year?
  3. What are the current market trends for each of the cryptocurrencies in my portfolio?
  4. How can I effectively manage and diversify my portfolio to minimize risk while maximizing potential profits?
  5. How can I stay up-to-date with the latest news and developments in the cryptocurrency market, and what resources are available to help me?
  6. What is the long-term outlook for the major cryptocurrencies in my portfolio?
  7. How can I identify and avoid cryptocurrency scams?
  8. What are the most promising new cryptocurrencies to invest in, and what makes them stand out?
  9. How can I evaluate the potential risks and rewards of investing in different cryptocurrencies?
  10. How can I effectively analyze the market trends and potential risks and rewards of investing in different altcoins, and what makes certain altcoins stand out?”

Not bad, but would be able ChatGPT answer all of them? — Likely. Also, the last prompts are way too generic for an experienced investor. But let’s collect more prompts before going deeper.

How to research new crypto projects to invest in based on social data from Twitter, Discord, and Telegram

Response: As a professional crypto trader researching new cryptocurrencies to invest in, here are 5 prompts I would use to make investment decisions based on social data:

  1. Which new cryptocurrencies are being discussed most frequently on Twitter and other social media platforms, and what are people saying about them?
  2. How can you use sentiment analysis to identify potential winners and losers in the cryptocurrency market?
  3. What are the most popular cryptocurrency-related Discord groups and Telegram channels, and how can you use them to stay informed and get insights into the market?
  4. What are the most common questions and concerns that investors are expressing in online forums, and how can you use this information to inform your investment decisions?
  5. How can you use on-chain data to identify trends and patterns in the cryptocurrency market, and what tools are available to help you analyze this data?”

Let’s try to improve it by adding more details to the prompt:

Response: As a professional crypto trader with a high-risk strategy researching new cryptocurrencies to invest in, here are some prompts I would use to make investment decisions based on social data:

  1. Which new cryptocurrencies have the most active social media communities, and what are people saying about them?
  2. How can I use sentiment analysis to identify potential winners and losers in the cryptocurrency market?
  3. What are the most common concerns and criticisms that investors are expressing about different cryptocurrencies on social media, and how can I use this information to inform my investment decisions?
  4. Which social media platforms do cryptocurrency investors use most frequently, and how can I leverage these platforms to stay informed and engaged in the market?
  5. How can I use social media to identify emerging trends and opportunities in the cryptocurrency market, and what tools are available to help me analyze this data?
  6. Which influencers and thought leaders in the cryptocurrency community should I be following on social media, and what insights can I gain from their posts and commentary?
  7. How can I use social media to identify potential scams and fraudulent projects in the cryptocurrency market, and what warning signs should I be looking for?
  8. What are the most promising new cryptocurrencies to invest in based on social media data, and what makes them stand out?
  9. How can I identify and track the most popular and successful cryptocurrency projects on social media, and what can I learn from their strategies and tactics?
  10. What social media metrics and analytics should I be tracking to stay informed and up-to-date on the latest trends and developments in the cryptocurrency market?

Remember, investing in cryptocurrency involves risk, and it’s important to do your due diligence and consult with experts before making any major investment decisions.

As you can see, it is important to experiment with prompts to get the request that will frame ChatGPT with the right character, context, and expected outputs. You may even specify some virtual rewards for a model.

Ask for an explanation as ChatGPT is your mentor and advisor

Response: As a professional crypto investor with a high-risk strategy, here are some social metrics from Twitter and Discord that I would monitor and why:

  1. Sentiment analysis: I would monitor the sentiment of tweets and posts on Discord related to the cryptocurrencies I’m interested in. This can help me gauge the general mood and outlook of the community, which can be a good indicator of potential price movements.
  2. Volume analysis: I would monitor the volume of tweets and Discord posts related to the cryptocurrencies I’m interested in. This can help me identify which cryptocurrencies are gaining popularity and which ones are losing traction.
  3. Influencer analysis: I would monitor the tweets and posts of influential individuals in the cryptocurrency community, such as industry experts, analysts, and thought leaders. This can help me stay up-to-date with the latest news and developments in the market, and identify potential investment opportunities.
  4. Network analysis: I would monitor the network of followers and interactions of influential individuals and communities on Twitter and Discord. This can help me identify which cryptocurrencies are most widely supported and followed, and which ones may have the most growth potential.

By monitoring these social metrics, I can get a better understanding of the sentiment, volume, influence, and network of different cryptocurrencies, which can help me make more informed investment decisions.

How to know what crypto-metrics to follow

Response:

As an investment advisor, here are some financial metrics I would suggest following to find the best crypto projects to invest in:

  1. Market capitalization: This measures the total value of a cryptocurrency and is calculated by multiplying the price by the total supply. It can help you gauge the overall size and popularity of a cryptocurrency.
  2. Trading volume: This measures the total amount of a cryptocurrency that is being bought and sold on exchanges. It can help you identify which cryptocurrencies are most actively traded and which ones are gaining or losing traction.
  3. Price performance: This measures the change in the price of a cryptocurrency over a certain period, such as 24 hours, 7 days, or 30 days. It can help you identify which cryptocurrencies are performing well and which ones are struggling.
  4. Network activity: This measures the level of activity on a cryptocurrency’s network, such as the number of transactions per day or the number of active addresses. It can help you gauge the overall health and adoption of a cryptocurrency.
  5. Fundamental analysis: This involves analyzing the underlying technology, team, and community behind a cryptocurrency to determine its long-term potential. It can help you identify promising projects that are likely to succeed in the future.

By monitoring these financial metrics, you can get a better understanding of the overall performance and potential of different cryptocurrencies, which can help you make more informed investment decisions.

Limitations of ChatGPT for crypto analytics

Knowing all the above is a great base for any investor. However, you must know the current limitations of using ChatGPT in the decision-making process related to crypto investment:

  1. ChatGPT may not always provide the most accurate or relevant information, especially when dealing with complex or technical topics. It is trained on data from September 2021.
  2. ChatGPT may generate biased or inaccurate information, especially when it is fed biased or inaccurate input.
  3. ChatGPT may not always understand complex nuances of language and context, which may result in irrelevant or misleading outputs.

These limitations are important to keep in mind when using ChatGPT for crypto investment, as they may affect the accuracy and reliability of the information provided. It is important to do your own research and consult with experts before making any investment decisions.

Assisterr approach for crypto analytics

Assisterr is a crypto analytics powered by natural language. Our mission is to empower individuals with the knowledge they need to achieve financial freedom.

Our research has revealed a significant demand for natural language-based analytics among long-term investors. To meet this demand, we are prioritizing the following key tasks:

  • Monitoring existing portfolios
  • Researching new projects

To ensure accuracy and relevancy, we are integrating numerous APIs, including social data from Twitter, Discord, and news sources, financial data from platforms such as CoinMarketCap and DappRadar, and on-chain data (with specific sources to be determined).

In addition to these efforts, we are actively collaborating with our first cohort of beta users to design and support the optimal UX scenarios that will exceed their expectations and provide the greatest value to their investment strategies.

In a world where AI will make everyone x10 efficiently, it is important to know how to be on top of the trend and do your best as your life depends on your answer.

More updates soon. Follow us on Twitter.

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assisterr

Web3 analytics powered by natural language aka ChatGPT