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Tag: altcoin season

  • Altcoin Season Index – October 26 2023

    Altcoin Season Index – October 26 2023

    The AltSeason CoPilot report for 2023-10-26

    Altcoin Season is very logical. (midjourney image by author)

    Bitcoin Dominance at a high while 3 Day RSI is peaking is a prime moment to watch for altcoins to start outperforming Bitcoin. (chart below)

    We can trade crypto by the alt/usdt pairs. Sure.

    But – when we review the ALT/USDT price chart against the BTC/USDT price chart, we can start to identify when it is better to hold Bitcoin, or when it is better to hold Altcoins.

    And we can plot that data to SEE which coins we should be holding. As BTC Dominance tops out, cycle after cycle, the altcoins organize themselves for us.

    We need only watch.

    The following article was created based on our unique trading approach. Grab your copy of our Free crypto trading plan PDF and chat with our AI assistant instructor. Join thousands and learn to profit from trend trading.

    Sign up for the AltSeason CoPilot. Each day we manually review each altcoin/btc chart and we update the trade status as we rebalance our model portfolio from day to day. The pie char above is our Altseason Index.

    The cryptocurrency market is an ever-evolving landscape, and as such, traders must stay on top of the latest trends and strategies to maximize their profits.

    One of the most successful strategies is to
    trade the ALT/BTC spread during altcoin seasons.

    This is a period of time when the US Dollar value of altcoins, or cryptocurrencies other than Bitcoin, experience a surge in value and market capitalization at a faster pace than Bitcoin price. By trading the ALT/BTC spread during altcoin seasons, investors can take advantage of these price differences and increase their profits.

    The AltSeason CoPilot is a powerful tool that traders can use to take advantage of altcoin seasons. Based on a proven crypto trading plan, the AltSeason CoPilot includes risk control strategies and focuses on identifying long-term trends for altcoins and taking advantage of portfolio diversification. It is designed to help traders maximize their profits by trading the ALT/BTC spread while minimizing risk.

    By focusing on the ALT/BTC spread and taking advantage of
    portfolio diversification, traders can
    benefit from explosive moves in the hottest cryptocurrency markets
    while minimizing risk in those coins that have not follow through.

    The AltSeason CoPilot is based on the principle that altcoins tend to outperform Bitcoin during altcoin seasons.

    ⫸⫸ Live Bitcoin Dominance Chart

    Bitcoin Dominance Dropping = Altcoin Season (image by author)

    This is because a decrease in Bitcoin dominance, which means that Bitcoin’s market capitalization as a percentage of the total cryptocurrency market cap is declining, is often a sign of an altcoin season.

    USDT Dominance Chart

    Stable coins are also a key indicator of an altcoin season, as a decrease in stable coin dominance is bullish because it may suggest that investors are feeling more confident in the market and are willing to take on more risk by investing into crypto again.

    The AltSeason CoPilot also provides traders with a daily action matrix that helps them identify the best opportunities in the cryptocurrency market.

    The Smartest Way To Store and Trade Your Crypto – Ledger

    By focusing on the ALT/BTC spread, traders can take advantage of a wider range of opportunities while keeping risks low.

    This is because traders can take smaller position sizes and spread their portfolio across multiple cryptocurrencies.

    Overall, the AltSeason CoPilot is a powerful tool that traders can use to take advantage of altcoin seasons and maximize their profits. With the help of the AltSeason CoPilot, traders can stay ahead of the game and make the most out of their investments.

    Frequently Asked Questions

    Q: What is altcoin season and how does it impact cryptocurrency trading?
    A: Altcoin season is a period in which the price of altcoins (such as Ethereum, Ripple, and Litecoin) tends to dramatically increase relative to Bitcoin (BTC) and the larger cryptocurrency market. At the same time, the volume of altcoin trading increases significantly as traders seek to capitalize on the opportunity. Altcoin season typically provides an opportunity for traders to profit from the price differences between altcoins and Bitcoin, as well as the spread between cryptocurrencies and tokens.

    Q: How can I take advantage of the ALT/BTC spread in crypto trading?
    A: During an altcoin season, traders can attempt to take advantage of the ALT/BTC spread by buying and selling altcoins and tokens on exchanges. This spread is created by the price differentials between Bitcoin and the various altcoins/tokens, and it allows investors to potentially capture gains when the price of the altcoin rises relative to Bitcoin. Additionally, traders can use limit orders to take advantage of intraday price movements.

    Q: What are the risk control strategies I should consider when trading altcoins?
    A: When trading altcoins, it is important for traders to employ risk control strategies to ensure that they do not overexpose themselves to the volatility associated with altcoin season. Strategies that should be considered include position sizing, stop-loss orders, entry/exit points, and risk diversification. Additionally, traders should only commit capital that they can afford to lose and should always assess each trade on a case-by-case basis before investing.

    This post was created with Make.com automation. Our AI bot was created with GTP-Trainer.

  • Altcoin Season Index Update for October 25

    The AltSeason CoPilot report for 2023-10-25

    Sign up for the AltSeason CoPilot. Each day we manually review each altcoin/btc chart and we update the trade status as we rebalance our model portfolio from day to day. The pie char above is our Altseason Index.

    Key Trading Tips To Remember

    The following article was created based on our unique trading approach. Grab your copy of our Free crypto trading plan PDF and chat with our AI assistant instructor. Join thousands and learn to profit from trend trading.

    Unlock Profits with Altcoin Season Trading Strategies

    The cryptocurrency market is an ever-evolving landscape, and it can be difficult to stay on top of the latest trends. One of the most profitable strategies for traders is to take advantage of the altcoin season – a period of time when altcoins experience significant price increases compared to Bitcoin. By trading the ALT/BTC spread during altcoin seasons, investors can take advantage of these price differences and increase their profits.

    The AltSeason CoPilot is based on a proven crypto trading plan that includes risk control strategies. This plan is designed to help traders identify and capitalize on altcoin season trading opportunities. It is based on the principle that altcoins tend to outperform Bitcoin during altcoin seasons. The AltSeason CoPilot also provides traders with an easy-to-use daily action matrix that tracks the performance of the top cryptocurrencies and identifies the best trading opportunities.

    One way to identify an altcoin season is to look for a decrease in Bitcoin dominance. This means that Bitcoin’s market capitalization as a percentage of the total cryptocurrency market cap is declining. This can happen when Bitcoin’s price is stable, rising or decreasing. When Bitcoin’s dominance decreases, it is an indication that investors have shifted their focus to other cryptocurrencies.

    Stable coins are often used as a way to store value and move money in and out of the market while remaining in a monetary for that is easy to convert back into other cryptocurrencies. When stable coin dominance increases it is bearish for altcoins, it may indicate that investors are seeking to move money out of the market or to protect their investments from volatility. On the other hand, a decrease in stable coin dominance is bullish because it may suggest that investors are feeling more confident in the market and are willing to take on more risk by investing into crypto again.

    Trading the ALT/BTC spread during altcoin season is a great way to unlock profits in the cryptocurrency market. By focusing on identifying long-term trends for altcoins and taking advantage of portfolio diversification, traders can take advantage of a wider range of opportunities in the cryptocurrency market – while keeping risks low. The AltSeason CoPilot is a great tool for traders looking to capitalize on altcoin season trading opportunities. With its risk control strategies and daily action matrix, it is the perfect tool for traders looking to unlock profits in the cryptocurrency market.

    Frequently Asked Questions

    Q1: What is altcoin season and how does it impact cryptocurrency trading?
    A1: Altcoin season is a period of time when the price of altcoins (or cryptocurrencies other than Bitcoin) rises more quickly than Bitcoin, leading to higher returns from trading these cryptocurrencies. During altcoin season, the ALT/BTC spread (the difference between the lowest available altcoin price and the highest price for Bitcoin) widens, creating an opportunity for traders to capitalize on the price gap between the two coins. Altcoin season can also be used as an indication of market sentiment, as increase in altcoin trading and value may signify a bullish market.

    Q2: How can I take advantage of the ALT/BTC spread in crypto trading?
    A2: To capitalize on the ALT/BTC spread, traders must analyze the currency pairs, looking for the lowest available altcoin prices relative to Bitcoin’s highest price in order to maximize their profits when investing in an altcoin. Traders should also consider the type of trading strategy they wish to employ when taking advantage of the price spread. For example, a trader could opt for a buy-and-hold strategy, or they could leverage more advanced strategies such as arbitrage or scalping.

    Q3: What are the risk control strategies I should consider when trading altcoins?
    A3: When trading in altcoins, there are certain risk control strategies traders should consider in order to minimize losses and protect their portfolios. Traders should set stop-losses to help protect against significant losses, but should also be aware of the emotional impacts of trading, such as the FOMO (fear of missing out) feeling which can lead to impulsive decisions. Additionally, traders should diversify their portfolios to reduce risk, and should consider using charting tools to help predict price movements as part of their overall trading strategies.

    This post was created with Make.com automation. Our AI bot was created with GTP-Trainer.

  • Bitcoin Dominance Breaks Pattern

    Bitcoin Dominance Breaks Pattern

    The AltSeason CoPilot reports a large divergence as Bitcoin Dominance Drops the past several days. This pattern of Bitcoin Dominance chart may indicate altcoin are going to out perform bitcoin prices – providing opportunity to trade the spread for profits!

    AltSeason CoPilot Pie Chart is showing a wide range of ALERT status coins as the ALT/BTC spread shows promise.

    Plotting the change in ALERT and HOLD status coins over time, we can see this third wave of potential moves in 2023 now seems to have greater follow-through than we saw in January and February.

    Sign up for the AltSeason CoPilot. Each day we manually review each altcoin/btc chart and we update the trade status as we rebalance our model portfolio from day to day. The pie char above is our Altseason Index.

    Key Trading Tips To Remember

    The following article was created based on our unique trading approach. We have been giving aways our proven crypto trading plan PDF since 2015. Join thousands of people and learn to profit from trend trading.

    Enhancing Cryptocurrency Profits: Decoding Altcoin Season

    The cryptocurrency market offers an expansive array of profit-making possibilities. Key among them is the altcoin season, a phase characterized by a marked surge in the US Dollar value of altcoins (cryptocurrencies other than Bitcoin). The altcoin season sees altcoins’ market capitalization skyrocket at a speedier rate than Bitcoin’s price, irrespective of whether the latter’s price is steady, escalating, or dwindling. This scenario provides a valuable trading opportunity: the ALT/BTC spread.

    ALT/BTC Spread: An Opportune Investment Strategy

    In the ALT/BTC spread trading during the altcoin season, investors can tap into the price disparities to amplify their profits. The AltSeason CoPilot trading system is an excellent tool in this regard, offering a proven crypto trading plan replete with risk control strategies. This system helps you optimally utilize the altcoin season to enhance your cryptocurrency profits.

    Deciphering Market Trends: Bitcoin and Stable Coin Dominance

    A crucial indicator of the altcoin season is a reduction in Bitcoin dominance, which signifies a decrease in Bitcoin’s market capitalization as a fraction of the total cryptocurrency market cap. This signals a shift in investor focus from Bitcoin to other cryptocurrencies.

    Conversely, an uptick in stable coin dominance – with stable coins serving as value stores and a medium for secure monetary transactions in the market – can be bearish for altcoins. It might denote that investors are contemplating withdrawing money from the market or safeguarding their investments against volatility.

    However, a decrease in stable coin dominance is bullish, hinting at an increased investor confidence in the market and their readiness to undertake higher risk by reinvesting in cryptocurrencies.

    The Power of Diversification: Navigating the Altcoin Market

    While it’s true that these market trends often signify the onset of the altcoin season, the real winners within the group of altcoins might be elusive. The daily action matrix from the AltSeason CoPilot can be a reliable tool for assessing the performance of individual coins.

    Moreover, an increase in stable coin usage may not always point to market insecurity. It could also reflect a heightened adoption and demand for stable coins as a store of value. Therefore, understanding these complex interrelations is vital for successful trading.

    ALT/BTC Spread Trading: A Richer Portfolio

    Most cryptocurrency traders concentrate on trading altcoins against the US dollar, potentially overlooking the lucrative opportunities that the ALT/BTC price spreads can present. Trading the ALT/BTC spread offers the significant benefit of enabling traders to take smaller position sizes and distribute their portfolio across multiple cryptocurrencies. This diversification strategy can help traders benefit from substantial movements in the most promising cryptocurrency markets while mitigating risks associated with non-performing coins.

    Conclusion: Unlocking Cryptocurrency Profits with AltSeason CoPilot

    If your aim is to unlock substantial profits from the cryptocurrency market, the AltSeason CoPilot system is your ideal ally. With its proven crypto trading plan and risk control strategies, it allows you to benefit from the altcoin season optimally. By trading the ALT/BTC spread during altcoin seasons and diversifying your portfolio, you can embrace a wide array of opportunities in the cryptocurrency market while keeping risks at bay. Always remember, focusing on long-term altcoin trends and effective portfolio diversification can be a winning strategy during the altcoin season.

    Frequently Asked Questions

    Q. What is altcoin season and how does it impact cryptocurrency trading?
    A. Altcoin season is a period when altcoins outperform Bitcoin in terms of market capitalization and profitability. During altcoin season, it is often possible to take advantage of the ALT/BTC spread to make significant profits through crypto trading. Altcoins tend to be more volatile than Bitcoin and can be traded on both the long and short sides, enabling traders to potentially benefit from price movements in both directions.

    Q. How can I take advantage of the ALT/BTC spread in crypto trading?
    A. By studying the trading patterns of both Bitcoin and altcoins, it is possible to identify trading opportunities to make profits from the ALT/BTC spread. By setting entry and exit points, traders can make small profits by taking advantage of the price differences between Bitcoin and altcoins.

    Q. What are the risk control strategies I should consider when trading altcoins?
    A. When trading altcoins, it is important to employ risk control strategies to minimise potential losses. This includes setting appropriate entry and exit points, limiting exposure to risk and using tools such as stop-loss orders and trailing stops. It is also important to closely monitor the markets and diversify your portfolio to reduce risk.

    Q. Why do altcoins tend to outperform Bitcoin during altcoin seasons?
    A. During altcoin seasons, there is often a flight to safety in the cryptocurrency markets. This results in traders switching from Bitcoin to altcoins in order to benefit from the higher price movements. Furthermore, altcoins are generally more volatile than Bitcoin, making them attractive to short-term investors.

    Q. What are the signs of an upcoming altcoin season?
    A. There are several indicators that can signal when an altcoin season is about to begin. These include a drop in Bitcoin dominance as altcoins gain more traction, an increase in volume across exchanges, and a general market sentiment that is bullish towards altcoins.

  • AltSeason CoPilot – Cryptocurrency Portfolio Rebalancing Tool

    AltSeason CoPilot – Cryptocurrency Portfolio Rebalancing Tool

    Sign up for the AltSeason CoPilot. The Cryptocurrency Portfolio Rebalancing Tool That Anyone Can Actually Use.

    Each day we manually review each altcoin/btc chart and we update the trade status as we rebalance our model portfolio from day to day.

    Key Trading Tips To Remember

    The following article was created based on our unique trading approach. We have been giving always our proven crypto trading plan PDF since 2015. Join thousands of people and learn to profit from trend trading.

    Altcoin season is a period of time when the US Dollar value of altcoins, or cryptocurrencies other than Bitcoin, experience a surge in value and market capitalization at a faster pace than Bitcoin’s price. This can happen when Bitcoin’s price is stable, rising or decreasing. By trading the ALT/BTC spread during altcoin seasons, investors can take advantage of these price differences and increase their profits.

    The AltSeason CoPilot is based on a proven crypto trading plan that includes risk control strategies. It is designed to help investors identify altcoin season opportunities and maximize their profits. The CoPilot is based on the principle of finding the altcoins that outperform Bitcoin during altcoin seasons.

    The AltSeason CoPilot provides signals and indicators that can help traders
    identify the best altcoin season opportunities.

    It also features risk management tools that can help traders
    manage their exposure and minimize their losses.

    Another sign of an altseason is a decrease in Bitcoin dominance, which means that Bitcoin’s market capitalization as a percentage of the total cryptocurrency market cap is declining. Stable coins are often used as a way to store value and move money in and out of the market while remaining in a monetary form that is easy to convert back into other cryptocurrencies. When stable coin dominance increases it is bearish for altcoins, it may indicate that investors are seeking to move money out of the market or to protect their investments from volatility. On the other hand, a decrease in stable coin dominance is bullish because it may suggest that investors are feeling more confident in the market and are willing to take on more risk by investing into crypto again.

    While this indicates that investors have shifted their focus to other cryptocurrencies, it is an average of the entire group. Within that group of coins, some will be out performing, while others are stagnant. Bitcoin Dominance doesn’t give us the specific insight about which coins are performing best but we can rely on the daily action matrix from the AltSeason Copilot.

    Bitcoin Dominance Relationship Shifts

    It is important to note that these relationships are not always straightforward and can change over time and we must always manage our risk exposure and be aware of common trading mistakes. For example, a decrease in Bitcoin’s dominance may not always mean that altcoin season is upon us. It could also be caused by a decrease in the overall market capitalization, as has been seen during market downturns. Similarly, an increase in the use of stable coins may not always indicate a lack of confidence in the market. It could also be a sign of increased adoption and demand for stable coins as a store of value.

    Many traders in the cryptocurrency market focus on trading altcoins against the US dollar. However, by focusing solely on this approach, many traders may be missing out on valuable opportunities that trading the ALT/BTC price spreads can provide.

    Diversification Of Risk Exposure

    Another significant advantage of our approach to trading the ALT/BTC spread is that we recommend our traders to take smaller position sizes and spread their portfolio across multiple cryptocurrencies. By diversifying their portfolio in this way, traders can potentially benefit from explosive moves in the hottest cryptocurrency markets while minimizing risk in those coins that have no follow through.

    With this approach, traders can take advantage of a wider range of opportunities in the cryptocurrency market – while keeping risks low. To unlock profits with altcoin season trading strategies, it is important to focus on identifying long-term trends for altcoins and taking advantage of portfolio diversification.

    In addition to the AltSeason CoPilot, traders can also use other tools to help them in their trading. For example, Crypto Signals That Work can provide traders with timely and accurate signals to help them make informed trading decisions. Automating Your Crypto Trading Strategy can also help traders take advantage of market opportunities without having to constantly monitor the market.

    Finally, traders should also consider rebalancing their portfolios to take advantage of the opportunities that altcoin season presents. This can be done manually or by using a tool such as the AltSeason Portfolio Rebalance. This tool can help traders optimize their portfolios for the best returns by rebalancing their holdings to reflect the current market conditions.

    Altcoin season is a great opportunity for traders to unlock profits. By taking advantage of the tools and strategies discussed in this article, traders can maximize their profits and minimize their losses during this exciting period of the cryptocurrency market.

    Frequently Asked Questions

    Q: What is altcoin season and how does it impact cryptocurrency trading?


    A: Altcoin season refers to a period of time during which alternative coins, or altcoins, tend to increase in value relative to Bitcoin. During this period, traders often take long and short positions with altcoins to capitalize on the spread between them and Bitcoin. As a result, altcoin season can provide a great opportunity for traders to increase their profits as altcoin prices may outperform Bitcoin during this time.

    Q: How can I take advantage of the ALT/BTC spread in crypto trading?


    A: Taking advantage of the ALT/BTC spread can be done through several methods. By leveraging margin trading or futures trading, traders can use short and long positions to take advantage of the spread. Additionally, traders are also able to trade on exchanges that offer a wide range of altcoin pairs, allowing traders to capitalize on price differences between different altcoins.

    Q: What are the risk control strategies I should consider when trading altcoins?


    A: Risk control is an important element of trading altcoins as the volatility of altcoin prices is often higher than that of Bitcoin. To reduce the risks of trading altcoins, traders should employ a risk control strategy such as setting stop-losses and utilizing a risk-reward ratio. Additionally, traders should be aware of the potential risks and rewards associated with specific trading strategies, such as margin trading and futures trading.

    Q: Why do altcoins tend to outperform Bitcoin during altcoin seasons?


    A: Altcoins tend to outperform Bitcoin during altcoin seasons due to market sentiment and a greater level of speculative trading activity on altcoins. During altcoin seasons, traders often take long and short positions on these coins to capitalize on the spread between them and Bitcoin, driving up their prices. As a result, these coins can provide greater potential profits than Bitcoin during these times.

    Q: What are the signs of an upcoming altcoin season?


    A: The signs of an upcoming altcoin season include increased trading volumes for altcoins relative to Bitcoin, higher open interest on altcoin futures markets, and a decrease in the market dominance of stable coins. Additionally, traders may also look at market sentiment and upcoming developments releasing on altcoins, such as major announcements, to identify potential upcoming altcoin seasons.

  • Unveiling the Secret to Our Success in the Crypto Market

    Unveiling the Secret to Our Success in the Crypto Market

    I am thrilled with the incredible results produced by our AltSeason CoPilot trading system! While there may be room for further optimization in the future, it’s incredibly satisfying to witness how this powerful system kept us firmly in the BITCOIN market during its meteoric rise!

     

    Thanks to our system’s long tested methodologies (that you can learn for free), we were able to avoid unnecessary risks by staying out of alts entirely after March 21st!

    It told us to prepare for altcoin season but kept us out of alts!

     

    Many coins flashed ALERT status, but few HOLD signals flashed

    Even more important, I’m excited to announce that The AltSeason CoPilot spreadsheet has now identified an incredibly promising group of coins for us to focus on. The AltSeason CoPilot spreadsheet lets us filter and sort data from prior waves when the alts were out performing bitcoin. This lets us get some insight so we can create a shortlist of coins to focus on.

    April Showers Bring May Flowers

    We can filter our data to find all the coins that spent at least one day in ALERT status from January 1 until March 21, and compare those against the group of coins that spent at least one day in ALERT status from March 21 until April 12.

    As Bitcoin Dominance makes a top formation the AltSeason CoPilot will be busy!

    Premium Members get more! Our preparation is complete, and we’re eagerly anticipating the opportunity to put our trading system’s daily action matrix to the test as these coins cycle back into ALERT status. With our innovative approach and expert insights, we’re confident that we’ll continue to achieve remarkable results in the weeks and months to come.

  • Bitcoin Dominance to Decline in 2023

    Bitcoin Dominance to Decline in 2023

    In the world of cryptocurrencies, Bitcoin is often considered the king, but Bitcoin Dominance to Decline in 2023.

    Bitcoin has been the most dominant cryptocurrency since its inception in 2009. However, in recent years, other cryptocurrencies, also known as altcoins, have emerged and gained popularity. As a result, Bitcoin’s dominance is slowly decreasing, and altcoins are about to catch up.

    Bitcoin Dominance

    Bitcoin dominance is a term used to describe the percentage of the total cryptocurrency market capitalization that Bitcoin holds. In simpler terms, it is the measure of Bitcoin’s market share compared to other cryptocurrencies. At its peak in 2017, Bitcoin dominance was over 80%. However, as more altcoins entered the market, Bitcoin’s dominance has decreased. As of March 2023, Bitcoin dominance is around 40%, which is a significant drop from its peak.

    Altcoins on the Rise

    Altcoins are cryptocurrencies that are not Bitcoin. These cryptocurrencies were created to address some of the limitations of Bitcoin and to provide additional features and benefits. Examples of altcoins include Ethereum, Binance Coin, and Cardano. As the cryptocurrency market continues to grow, more altcoins are being created, and they are gaining popularity.

    One of the reasons for the rise of altcoins is that they offer unique features that Bitcoin does not. For example, Ethereum and other powerful Layer 1 blockchains like Link and Cosmos, are known for their smart contract capabilities, which allow developers to create decentralized applications.

    Binance Coin is used to pay for transaction fees on the Binance exchange and can be used to get discounts on trading fees.

    Altcoins Are About To Catch Up

    For the longest time, Bitcoin has been the dominant player in the cryptocurrency market. It has a massive market cap, is the most widely recognized cryptocurrency, and is the go-to for most new investors. However, things are starting to change, and altcoins are about to catch up. In this article, we’ll explore why this is happening and what you can do to maximize your returns.

    The Rise Of Altcoins

    While Bitcoin has been the face of the cryptocurrency market for over a decade, altcoins are starting to take center stage. One of the reasons you may want to consider investing in Layer 1 coins, such as Ethereum, Polkadot, and Cosmos. These coins offer more functionality than Bitcoin and enable developers to build decentralized applications (DApps) on top of them.

    This has led to the growth of the DeFi (decentralized finance) sector, which has seen massive growth over the past year – and these decentralized power tools are about to get connected to AI Tools in dramatically more secure ways.

    Bitcoin Dominance to Decline in 2023

    For years, Bitcoin’s dominance over the cryptocurrency market has moved up and down in waves. And in 2023 this has started to change to a very bullish setup. Bitcoin’s dominance may decline significantly in coming months as the explosive trend in artificial intelligence is expected to gain more traction.

    The Role Of Artificial Intelligence

    A massive and growing factor that’s contributing to the rise of specific altcoin projects – is the use of artificial intelligence (AI) in combination with smart contracts and blockchain technology.

    AI-powered trading bots are also becoming increasingly popular among investors as they can analyze massive amounts of data and trade with better risk management across a diversified strategy to filter out the most profitable trades. As more business processes are improved with AI-powered business smart contracts, we can expect to see more money flowing into altcoins , further increasing their market share.

    We can expect to see more money flowing into crypto
    because of it’s solid business utility.

    Maximizing Your Returns

    Bitcoin Dominance to Decline in 2023

    If you’re looking to maximize your returns in the cryptocurrency market, there are a few things you can do. Firstly, it’s important to have a well-diversified crypto portfolio that includes a mix of Bitcoin and altcoins.

    Secondly, you should have a crypto trading plan that includes risk control strategies. This will help you manage your risk and avoid losing money due to market volatility.

    Check out our crypto trading plan PDF for an example.

    Complete, Practical Bitcoin and Cryptocurrency Trading Plan for Beginners

    Finally, it’s important to keep up with market trends and news. This will enable you to make informed trading decisions and capitalize on emerging opportunities. You can use resources like Altcoin Opportunities to stay up to date on the latest trends and strategies.

    The AltSeason CoPilot

    The rise of altcoins has led to the development of a new trading strategy called the AltSeason CoPilot.

    This strategy involves trading the ALT/BTC spread, which is the price difference between an altcoin and Bitcoin.

    The AltSeason CoPilot uses a simple daily routine to trade this spread and can help anyone achieve more success with their cryptocurrency portfolio management in 2023.

    The AltSeason CoPilot is based on a proven crypto trading plan that includes risk control strategies.

    Based on the principle that altcoins tend to outperform Bitcoin during altcoin seasons. An altcoin season is a period when altcoins experience significant price increases compared to Bitcoin. This can happen when Bitcoin’s price is stable, rising or decreasing. By trading the ALT/BTC spread during altcoin seasons, investors can take advantage of these price differences and increase their profits.

    In conclusion, altcoins are about to catch up with Bitcoin, and it’s essential to have a well-diversified crypto portfolio that includes a mix of both. The rise of Layer 1 coins, the lower barrier to entry, and the use of AI-powered trading bots are contributing to the growth of crypto asset values in 2023 and beyond.

  • Preparing For Altcoin Season: Strategies to Succeed

    Preparing For Altcoin Season: Strategies to Succeed

    Learn about the top performers and emerging trends for the next altcoin season in 2023.

    In our March Altcoin Season Index update, our pie chart shows that our portfolio is almost entirely out of altcoins, and most importantly, our main system also crossed the threshold that tells us to move to FIAT currency and get ready for the next set of 1-2-3 bottom formations.

    Full EXIT For Many ALT/BTC Pairs

    The CryptoSmartWatch spreadsheet shows the ALT/BTC pairs have almost completely exited positions over the recent pullback.
    We’ve had seven opportunities like this since January 2021. The next altseason will be easy to see coming.

    AltSeason 2023

    Each time we complete an altcoinseason we can use our data to filter out the group of coins that made the best moves and compare that list against prior ALT/BTC price waves… …to come up with a HOT list of best potentials for the next altseason!

    In other words, we can now look back and sort out the coins that remained in HOLD status the longest from January 2023 until March of 2023, and compare that to the group of best altcoins from prior Altseason waves… and we can be PREPARED to focus on a higher probability group of crypto projects to invest in.

    The #altseasonindicator gives us the entries and exits…
    the spreadsheet makes the process into a simple daily routine that anyone can do.

    Crypto SmartWatch Control Panel

    The smartwatch opportunities gauge, and the smartwatch entry index gauge are two of our little known tools that give us greater confidence in deploying our portfolio.

    The blue line topping, and the red line bottoming – has proven to mark out when we should be prepared to run our sorting process on the hottest cryptocurrencies from our lists, because this is when the best altcoin seasons have started.

    In the graph below we can see how the smartwatch opportunities index (blue line), and the smartwatch entry index (red line) change over time.

    Four of the seven times since Jan 2021 were MASSIVE.

    No way to know the future, but we do have a low risk way to be ready for it.

    Preparing for Altcoin Season 2023

    As the cryptocurrency market gets smashed with bad news and fud, investors are reconsidering their altcoins. With Bitcoin’s dominance decreasing and altcoins crashing, investors should actually be looking for ways to capitalize on this trend. But with so many altcoins to choose from, it can be difficult to know where to start within all this FUD.

    Altcoin Season is a period when altcoins, which are alternative cryptocurrencies to Bitcoin, experience an increase in their US Dollar value faster than Bitcoin is increasing in US Dollar value.

    A little know fact

    A little known fact is that we can also have an altcoin season when bitcoin prices are dropping, but altcoin prices are not dropping as fast as bitcoin. By trading the ALT/BTC pairs, we can pull out value and profits in the price changes… even in a bear market.

    This phenomenon happens periodically, as it did in May and June in 2022. It can present a window of opportunity for our investors and traders to maximize their returns on growing the number of satoshi they hold, regardless of the price movement of bitcoin.

    However, it’s essential to have a strategy in place to succeed during the three phases of Altcoin Season. There certainly is a time when we should be holding fiat, and not crypto. And that should be built into your plan before you start.

    What causes Altcoin Season?

    Altcoin Season is often driven by various factors, including market sentiment, investor demand, and technological advancements. Altcoins with strong fundamentals, innovative use cases, and promising partnerships tend to perform well during Altcoin Season. Additionally, Altcoin Season can be influenced by macroeconomic factors, such as changes in government policies, economic growth, and geopolitical events.

    HOWEVER – you DO NOT NEED TO have a sound understanding of the market dynamics and the factors driving the Altcoin Season to take advantage of the opportunities it presents! Instead, a simple approach can work with just minutes per day to manage.

  • New Easy-Interface for Crypto Smartwatch and Pro Alerts

    New Easy-Interface for Crypto Smartwatch and Pro Alerts

    New Easy-Interface for Crypto Smartwatch and Pro Alerts Let’s take a tour of the new layout for the Crypto SmartWatch control panel and see how easy it is to follow the daily action matrix. The PRO ALERT spreadsheets have been simplified yet more information packed in so you can download the CSV data for trade alerts and hold status coins.

    MEMBERS VIDEO – login here and return to this post to view

    The daily routine should take no more than 20-30 minutes! Stop watching the charts and make your money work for you while you are doing other things!

  • Altcoin Portfolio Rebalance A to E

    Altcoin Portfolio Rebalance A to E

    Feb 13 saw a significant up-tick in Bitcoin Dominance chart.  This indicates the weaker projects that are in Stage 2 of the trade may be hitting our protective stops.

    Altcoin Portfolio Rebalance

    As we move from stage to stage in the trading plan, we have a different set of options in the flowchart in front of us. 

    In today’s 18 minute member video (login to view)

    I review 90+ coins from 1INCH/BTC to ETH/BTC and compare the stop levels for the positions we have open in our crypto signal provider PRO ALERTS model portfolio.

  • Automated Crypto Portfolio

    Automated Crypto Portfolio

    An automated crypto portfolio is better for a busy person because it ensures your money is working for you while you are doing other things!

    If you can set specific rules for buying and selling assets and then have those rules automatically traded based on market conditions… then your money is doing the job of watching the price charts and you can fully focus on your life.

    Automation, along with a good crypto portfolio tracker,
    can eliminate the need for you to watch the charts.
    Your money is watching the charts on your behalf!

    The best crypto portfolio manager does everything for you allowing you to focus on building more revenue streams!

    While some automated crypto portfolio services may also provide advanced tools for risk management and portfolio rebalancing – it is vital to fully understand the market conditions when these might optimize returns and when they might maximize losses instead!

    A Good Portfolio Tracker

    Tracking your crypto gains and losses is crucial for managing your portfolio and making informed investment decisions. Not only is it important for tax purposes, but it also allows you to see the performance of your investments over time and make adjustments as needed.

    One of the best ways to track your crypto gains and losses is by using a crypto portfolio service. These services allow you to easily import transaction data from multiple exchanges and generate accurate and comprehensive reports on your portfolio performance. They also provide tools for portfolio management, risk management, and rebalancing, which can help to optimize returns and minimize losses.

    Scams and Warning Flags

    However, not all crypto portfolio services are created equal. Some services may make claims of providing secret trading signals or guaranteeing high returns, but it is important to be wary of these claims. These services may be nothing more than scams designed to take your money and provide you with little to no value in return.

    When looking for a reputable crypto portfolio service, it is important to look for warning flags. These may include:

    • Unusually high returns that are guaranteed or promised
    • High frequency trading approach to short term price moves
    • Lack of transparency or information about the service’s trading strategies
    • Pressure to invest large sums of money quickly
    • Lack of contact information or a physical address
    • Unusually low fees or commissions

    It is also a good idea to research the service and read reviews from other users. A reputable service will have a history of satisfied customers and positive reviews.

    Finding Quality Automated Crypto Portfolio Services

    Using a reputable crypto portfolio service can save you time, help you find the best altcoin opportunities and improve your trading success.

    By automating your trades with tools for risk management, you can focus on the important parts of your life while your money does the work of watch price charts all day.

    1. Cointracking: Cointracking is a portfolio management and tracking tool that allows users to track their crypto assets across multiple exchanges and generate tax reports.

    Automated Crypto Portfolio

    Automatic crypto portfolio tracker there are many other crypto portfolio automation services available, some other examples include:

    well known crypto portfolio automation services

    1. Shrimpy: Shrimpy is a portfolio management and trading automation platform that allows users to create custom trading strategies and automate trades across multiple exchanges.
    2. BitGetCopyTrader.com: Copy the trades of those with a proven record.
    3. 3commas: Find managed crypto portfolios to follow or set up your own automated strategy.
    4. TokenFolio: TokenFolio is a portfolio management and trading automation platform that allows users to track and manage their crypto assets and automate trades.
    5. Kryll: Kryll is a platform that allows users to create and automate trading strategies using a visual strategy builder and backtesting tools.
    6. Autonio: Autonio is a decentralized trading automation platform that uses AI and machine learning to execute trades on behalf of users.
    7. AlgoTrader: AlgoTrader is a platform that allows users to automate their trading strategies across multiple asset classes, including cryptocurrencies.
    8. Coinrule: Coinrule is a platform that allows users to automate their trading strategies using a simple rule-based system.
    9. Crypto SmartWatch: A transparent portfolio rebalancing tool focused on spot trading ALT/BTC pair spreads as a low risk, long term approach to profit from diversifying through the ongoing price trends of altcoin seasons.

    Crypto SmartWatch Control Panel

    Automated Crypto Portfolio

    It is important to be cautious when choosing a service. Look for warning flags, research the service and read reviews, and choose a service that has

    • a long term approach,
    • a transparent trading plan and has
    • a history of performance
    • with satisfied customers.

    In summary, tracking your crypto gains and losses is an essential part of managing your portfolio and making informed investment decisions.

    Our recent video on how to build crypto portfolio can be an excellent starting place
    as you prepare for the next altcoin season.

    By reviewing a reputable crypto portfolio performance,
    you can save time and improve your trading success.

    Make your money work for you while you focus on the important parts of life.