Altcoin Opportunities

Author: AltSeason CoPilot Doug

Top Cryptocurrencies for October 2023

Are you ready to jump into the exciting world of cryptocurrency investments?

With the rapid growth and increasing mainstream acceptance of digital currencies, it’s no wonder that more and more people are looking to invest in this emerging market. But with so many options available, how do you choose the best cryptocurrency to invest in for 2023?

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Fear not, as we’ve done the research for you and compiled a list of the top cryptocurrencies that show great potential for the upcoming year.

In this blog post, we will dive deep into the world of cryptocurrencies and explore the best picks for 2023.

Whether you’re a seasoned investor or just starting out, this guide will provide you with valuable insights and expert analysis to help you make informed decisions.

But first, let’s address the burning question on everyone’s mind: what makes a cryptocurrency the “best” choice?

When it comes to investing in cryptocurrencies, there are several factors to consider. The market capitalization, price volatility, underlying technology, and future prospects all play a crucial role in determining the potential return on investment.

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By analyzing these factors and keeping an eye on market trends, we have identified the top cryptocurrencies that have the potential to outperform the rest in 2023.

So if you’re eager to discover the best cryptocurrency to invest in for 2023 and secure your financial future, keep reading.

We’ll be revealing our top picks and providing you with valuable insights that will help you navigate this ever-changing landscape. Get ready to make informed investment decisions and unlock the potential of the digital currency revolution.

Find a free crypto trading plan pdf.

In your quest to invest in the best cryptocurrencies for 2023, it is essential to have a well-thought-out trading plan. A trading plan provides you with a systematic approach to managing your crypto investments and maximizing your potential returns. If you’re looking for a free crypto trading plan PDF, you’re in the right place.

Having a trading plan is crucial because it helps you stay disciplined and objective in your decision-making process. It outlines your entry and exit strategies, risk management techniques, and overall trading goals. With a solid plan in place, you can navigate the volatile crypto market with confidence.

Finding a free crypto trading plan PDF can be a valuable resource for both beginners and experienced traders.

It provides you with a framework to structure your trading activities and helps you avoid common pitfalls. Whether you’re a day trader, swing trader, or long-term investor, a trading plan can help you make informed decisions based on your risk tolerance and investment goals.

When looking for a free crypto trading plan PDF, consider the following factors:

1. Comprehensive Content: Ensure that the trading plan covers all the essential aspects of cryptocurrency trading, including technical analysis, fundamental analysis, risk management, and portfolio diversification.

2. Clear and Concise Instructions: Look for a trading plan that provides step-by-step instructions on how to execute trades, set stop-loss orders, and manage your portfolio effectively. The instructions should be easy to understand and implement.

3. Customizability: A good trading plan should allow you to tailor it to your specific needs and trading style. Look for a PDF that enables you to customize parameters such as risk tolerance, trading timeframes, and target profits.

4. Backtesting and Historical Data: A trading plan that includes backtesting capabilities and historical data analysis can help you evaluate its effectiveness. This feature allows you to simulate trades using past market data to see how the plan would have performed in different market conditions.

Remember, a trading plan is only as good as its implementation. Even with the best plan in hand, it’s crucial to stay updated with market trends, news, and evolving regulations. Regularly review and adjust your trading plan as needed to adapt to changing market conditions.

Trading For Beginners

A free crypto trading plan PDF is a valuable tool for anyone looking to invest in cryptocurrencies. It provides a structured approach to managing your investments and helps you make informed trading decisions.

Altcoin Season CoPilot 2023

Long term patterns suggest the potential for Altcoin season in late 2023.

We can be prepared for it ahead of time by monitoring the AltSeason CoPilot spreadsheet daily action matrix each day.

Watch videos here: https://tinyurl.com/bitcointradingyoutube

Remember to consider the comprehensiveness, clarity, customizability, and backtesting capabilities of the trading plan before implementing it. Happy trading!

September 26, 2023
Why 60% Correct Won’t Help You in Crypto Trading
The Secret Strategy for Explosive Crypto Trading Success

This strategy effects your profits more than win/loss ratios. (image by author)

As crypto Traders we are after a better return than most would consider fair with any other investment and yet many trading plans have the trader in a position all the time.

The thinking being that the market is either going up or it’s going down.

Perhaps you’ve been trading crypto this way and maybe even making 60 correct calls and yet you’re still struggling to grow your portfolio.

Often, trying to guess every market move just encourages over trading second guessing and it results in a string of small losses.

Without the strategy that we cover today you’ll find that trading is not even a 50 50 game

Reducing Risk In Crypto Investments

Dig deeper into this important trading habit.

Hey there, folks! Doug here, your go-to guy for all things crypto trading. You know, trading crypto is a bit like playing hockey—you’re always on the edge, and the game can change in a split second.

But what if I told you that even if you’re making 60% correct calls, you might still be skating on thin ice? Intriguing, eh?

Why Traditional Trading Strategies Fall Short

So, you’ve been trading crypto, and you’re making correct calls about 60% of the time. That’s better than flipping a coin, right? Well, not so fast. The problem is, many trading plans have you in a position all the time. It’s like always being on the ice without ever taking a breather. You’re either betting the market will go up or down. But let me tell you, folks, that’s a surefire way to get yourself into the penalty box.

The Pitfalls of Overtrading

You see, constantly trying to guess every market move is like trying to catch a falling puck—it just encourages overtrading. And what does overtrading lead to? You guessed it—second-guessing and a string of small losses. It’s like taking shot after shot but never actually scoring a goal. Frustrating, isn’t it?

The Game-Changing Strategy You’ve Been Waiting For

So, what’s the secret sauce? How do you break free from this cycle? Well, it’s all about risk control, my friends. To paraphrase what Jessie Livermore said in Reminiscences of a Stock Operator: “The most important job of any trader is risk control.” It’s like wearing your helmet on the ice—you’ve got to protect yourself.

Risk Control: The Phantom of The Pits Way

The Phantom of The Pits taught us some golden rules about risk control. It’s not about predicting the future; it’s about managing what you can control. Think of it as being the goalie of your own trading game. You can’t control where the puck comes from, but you can control how you defend your net.
1. Set Stop Losses: This is your first line of defense. It’s like having a solid defenseman who clears the puck away from your net.
2. Diversify: Don’t put all your eggs in one basket, eh? Spread your risk like you’d spread maple syrup on pancakes—smoothly and evenly.
3. Position Sizing: Know how much you’re willing to risk. It’s like knowing when to pass the puck and when to take the shot yourself.
Time to Take Control, Eh?

So, are you ready to take control of your trading game? Are you ready to stop chasing the puck and start playing strategically? Remember, the markets have humbled me more times than I’d like to admit. But each time, I got back up, dusted off the snow, and learned from it.

Trade safe and keep those losses small! (midjourney image by author)

Final Thoughts: You Can Do It!

Look, if a guy like me can go from humble beginnings to a full-time crypto trading career, so can you. It’s all about daily habits, risk control, and never giving up. So, what are you waiting for? Lace up those skates, hit the ice, and let’s make some winning plays!

Alright, that’s it for today, folks. If you found this helpful, don’t forget to check out my Crypto Trading Course and subscribe to my email newsletter for more tips and strategies. Until next time, keep your stick on the ice!
September 12, 2023
Bitcoin Dumps Below 30k – July 2023

Bitcoin Dumps Below 30k – Bitcoin prices break lower passing key levels and into REVERSAL RANGES for the Bollinger Bands!

In today’s video I began with an analysis of Bitcoin’s price action across various time frames.

In examining the long-term chart on a weekly and monthly basis, I expressed concern over potential bearish movements due to a crossover of the 20-period moving average. If Bitcoin fails to recover at this level, it would signal a continued bear trend for our trading plan.

Trading Plan and Risk Management

Emphasizing the importance of a solid trading plan and risk management, I believe that every trader must prepare for all potential scenarios, be it bullish or bearish.

A trading plan should clarify when and where to enter and exit trades and how much capital to risk per trade. As a trader, it’s better to miss out on a trading opportunity than to enter a trade without a clear plan and risk management strategy.

Dealing with Market Volatility

I transitioned into a discussion on managing market volatility. The market can show significant swings, especially when there are fluctuations in the US dollar index. A potential rise in this index could lead to a crash in Bitcoin prices.

I stress the importance of being prepared to adapt trading strategies according to these swings. Notably, I point out the potential formation of a ‘one-two-three bottom formation’ in Bitcoin’s price as a crucial area to watch.

I also caution about the risks of adding onto trades too close to the initial entry point due to potential market noise.

Instead, it’s wise to wait for more space between the entry point and the stop loss to avoid being taken out of a good entry due to the ‘shark feeding and whale feeding’ zones in the market.

Analyzing the Bollinger Bands

Delving into more detailed technical analysis, I examined the Bollinger Bands. I noted that watching for a pinch in the bands and a subsequent widening can be a useful indicator for potential trends. However, I also warned that a pinch in the weekly bands might necessitate the release of short trades if the price begins to rise.

Custom Indicator for Bollinger Bands

I shared a custom indicator for the Bollinger Bands, explaining that when it turns bright green, it could signal a substantial reversal in the market.

However, I warn against impulsively adding onto a short trade when this signal is bright green. Instead, it’s crucial to observe these bright green signals, especially on longer time frames.

To finish, I invite other crypto creators to join our Discord community. This community focuses on fostering learning and sharing valuable content among its members.

Anyway, it’s great to have you along, and remember to trade safe and keep those losses small.

July 24, 2023
10 Altcoin Opportunities to Watch for in 2023
It’s crucial to have a trading plan to objectively identify the altcoin opportunities to watch in 2023. You must know what to do during different market conditions. Let’s detail how to stay prepared to diversify your portfolio at the right time. How to preserve your capital in bear markets and also preserve the time you need to commit to trading.

An Uncertain World in 2023

As a cryptocurrency investor, you must always be prepared to face the ups and downs of the market. While the recent failure of collapse of Silicon Valley Bank in March and First Republic Bank in April and threats to the US dollar as the global currency bring uncertainty, you must have a trading plan that will stay out of bear markets and help you stay ready for when the altcoin opportunities present themselves.

Ten Altcoin Opportunities to Watch. Compare price charts against our proven trading plan, prepare the next altcoin season!

Altcoin Opportunities In The Big Trends

One key indicator that traders use to determine altcoin opportunities in changing market trends – is Bitcoin Dominance. Bitcoin Dominance is a measure of the total market capitalization of Bitcoin compared to the total market capitalization of all other cryptocurrencies. When Bitcoin Dominance is rising and Bitcoin prices are flat or falling, it’s essential to hold fiat currency to avoid any potential losses. This is because the market is likely in a bearish state, and it’s not the time to make any significant investments.

On the other hand, when Bitcoin Dominance is rising, and Bitcoin prices are also rising, it’s wise to hold Bitcoin. This is because Bitcoin is the most dominant and stable cryptocurrency, and when its price is increasing, it’s a sign of a bullish market. Holding Bitcoin during this time can help you capitalize on the upward trend and potentially increase your profits.

When Bitcoin Dominance is dropping, and Bitcoin prices are rising or remaining stable, it’s time to hold a select group of Altcoins. Altcoins are any cryptocurrency that is not Bitcoin, and they tend to have more volatility in their prices. When Bitcoin prices are stable or rising, and Altcoin prices are increasing, it’s an indication that the market is bullish towards Altcoins. We seek to hold Altcoins as they pass our trading signals during this time. Those that successfully pass our risk control rules may allow us capitalize on the upward trend and potentially increase profits.

Daily Habits To Spot Altcoin Opportunities

Our experienced AltSeason CoPilots understand the importance of having a solid trading plan. We follow a daily routine that involves analyzing 300 ALT/BTC pairs, comparing potential altcoins against the 5 Stages Of The Trade, and implementing risk management strategies to rebalance our diversified portfolio.

We believe that with the right approach, anyone can become a successful altcoin trader.

Altcoin Opportunity Index March 26

Altcoin Opportunity Index April 27

We can see the two charts above show that many ALT/BTC price charts moved into ALERT status through March. But most coins fell back into Neutral. Now we are in a phase of preparation for the next potential altseason wave in 2023 – when ever it should arrive.

An Excerpt From Our Data

Based on the current portfolio status data in the AltSeason CoPilot Spreadsheet, here are 10 altcoin opportunities to watch for in 2023: Some of the chart patterns are in ALERT status while others are in PARTIAL HOLD STATUS. Be sure to download our free Trading Plan PDF to review these price charts.

We are actively monitoring for EXITS to Stage 5 Of The Trade for risk management while being open to potential for this select group of coins to hold their levels.

Past Altcoin Seasons have started quickly, so we remain on sharp attention for any coins that are building a new 1-2-3 bottom.
1. Elrond (EGLD) – A high-throughput blockchain platform with low fees and fast transaction speeds.
2. TRON (TRX) – A blockchain platform for decentralized apps and smart contracts.
3. Manchester City Coin (CITY) – A cryptocurrency launched by Manchester City Football Club.
4. Cartesi (CTSI) – A layer-2 infrastructure that allows for complex computations off-chain.
5. IDEX (IDEX) – A decentralized exchange with a focus on security and user experience.
6. Komodo (KMD) – A blockchain platform with built-in privacy features and cross-chain interoperability.
7. Origin Protocol (OG) – A decentralized marketplace for peer-to-peer commerce.
8. Render Token (RNDR) – A utility token for a decentralized cloud computing network.
9. Injective Protocol (INJ) – A decentralized derivatives exchange with no gas fees.
10. Trader Joe (JOE) – A yield farming platform with innovative features and low fees.
By researching these altcoins and comparing the price charts against our proven trading plan, you can also prepare to take advantage of the next altcoin season!

But remember, we must plan exactly how we will manage risk and preserve capital BEFORE we enter our trade. Check out our Crypto Trading Plan Example PDF and our special Reducing Risk In Crypto Investments article for more tips on risk management.

To stay up to date with the latest altcoin trends and analytics, I recommend checking out Cryptocurrency Analytics and Crypto Trade Tracking. And if you’re interested in technical analysis, be sure to read this Ten Cryptocurrencies Pass our Technical ALERT signals article.

Remember, becoming a successful altcoin trader takes time and effort. But with the right mindset and daily habits, you can achieve your goals. As The AltSeason CoPilot, I trade the ALT/BTC spread with a simple daily routine that can help anyone achieve more success with their Cryptocurrency Portfolio Management in 2023. Good luck on your trading journey!
April 27, 2023
Why is Manchester City Fan Token (CITY) Pumping?

And here we have the Manchester City Fan Token, an exciting innovation in the world of football fandom! With this blockchain-based digital token, fans of the legendary Manchester City Football Club gain exclusive access to a host of amazing benefits that take their fan experience to the next level.

Should I Invest in CITY Token?

CITY/BTC Chart by TradingView

Why is Manchester City Fan Token (CITY) Pumping? We’ll talk more about the unique new sporting experience – but first, lets talk about the risk control rules for investing before we talk about how exciting this project looks!

If you’re interested in getting started investing in CITY token, you can purchase on a cryptocurrency exchange, such as Binance or BitGet. This is a great way to get started, as it allows you to invest in the ebb and flow of fan enthusiasm for the team.

CITY/BTC is one of the 300+ tokens in the 5 Star Rated AltSeason CoPilot model portfolio coach.

A trading plan that you understand from entry to exit is all you need to successfully make profit crypto trading the altcoin seasons.

Before and After Profits Trading CITY Token

Our trading approach (get the free PDF) was fortunate to catch two clean buy signal entries on the CITY/BTC trading pair. Stop losses are just above the entry so the open profits are not locked in yet.

What Makes CITY Token Unique?

First up, fan token holders get the chance to participate in exclusive fan polls and surveys, giving them a voice in important decisions at the club. They can also access exclusive experiences and rewards, such as matchday VIP tickets, signed merchandise, and even opportunities to meet the players themselves!

But that’s not all – fan token holders also get to participate in important voting processes, such as selecting the club’s end-of-season award winners and choosing the design of the captain’s armband. And in some cases, they can even vote on certain in-game decisions!

And let’s not forget the benefits for the club itself – through the sale of fan tokens, Manchester City can raise funds to support its operations and invest in new initiatives, creating a new revenue stream for the club.

A New Transformative Sports Experience

Picture this, folks – you’re a die-hard fan of Manchester City Football Club, and you’ve just become a fan token holder.

Suddenly, you have access to a world of exclusive experiences and rewards that take your fan experience to the next level. You’re no longer just a spectator – you’re part of the action!

VIP Tickets

As you attend your first match with your VIP tickets, you may hardly believe your luck. The seats are right on the sidelines, just a few feet away from your favorite players! You can hear the roar of the crowd, the thud of the ball hitting the pitch, and the players shouting to each other. And when your team scores, you’re right there to witness it all – you can practically feel the vibrations from the celebration!

Exclusive Rewards

But it’s not just the matchday experiences that make you feel like a true fan – it’s also the exclusive rewards you receive as a fan token holder. When you receive a signed jersey from your favorite player in the mail, you feel like you’re on top of the world. And when you get the chance to meet the players in person, you can hardly contain your excitement. You chat with them about the game, take selfies together, and even get a few autographs – it’s a dream come true!

Your Friends Will Wish They Were You!

And what about your friends? They’re amazed by the exclusive perks and recognition you’ve received as a fan token holder. They’re impressed by the VIP tickets, jealous of the signed merchandise, and in awe of the chance to meet the players. You can hardly blame them – you feel like the luckiest person in the world to have these experiences!

Manchester City Fan Token (CITY)

The Manchester City Fan Token (CITY) is a blockchain-based digital token that allows Manchester City Football Club fans to engage with the club and participate in certain decisions through fan polls and surveys.

The fan token was launched in partnership with Socios.com, a blockchain-based fan engagement platform, and Chiliz, a blockchain provider focused on the sports and entertainment industry.

Why is Manchester City Fan Token (CITY) Pumping?

One unique feature of the Manchester City Fan Token is that it allows fans to access exclusive experiences and rewards such as matchday VIP tickets, signed merchandise, and opportunities to meet players.

The fan token also enables fans to participate in voting and decision-making processes such as choosing the club’s end-of-season award winners, selecting the design of the captain’s armband, and even voting on certain in-game decisions.

Another unique aspect of the Manchester City Fan Token is that it provides a new revenue stream for the club. Through the sale of fan tokens, Manchester City can raise funds to support its operations and invest in new initiatives.

So there you have it, folks – the Manchester City Fan Token is not just a way to support your favorite football club, it’s also a way to live your fan dreams and make memories that will last a lifetime. Who wouldn’t want to be part of that?

April 17, 2023