Do you want to be ahead of the game in the crypto world? Here’s how to prepare for Bitcoin Dominance to Decline in 2023.
Bitcoin has been the king for a while, but it’s time for altcoins to shine.
Here’s why I believe Bitcoin’s dominance will decline in 2023 and what you can do about it.
Bitcoin Dominance to Decline
The Altseason Copilot has a plan ready for when Bitcoin Dominance tops out and starts to decline.
First: Next-gen layer 1 blockchains offer more secure smart contracts, which can transform existing technology.
Second: The integration of Artificial Intelligence and smart contracts may cause explosive growth in the crypto industry. With solid business utility, we can expect more money to flow into crypto. In fact, according to a reports, the AI in Fintech market is expected to grow at a CAGR of 23.37% from 2020 to 2025. Additionally, smart contracts can automate complex transactions, reducing the need for intermediaries and cutting costs. The powerful AI technology of autonomous agents is getting easier to implement for businesses in various industries.
A complete transformation is expected in many job sectors because of the dramatic power of artificial intelligence tools. Read this US Gov Report.
And as more companies embrace it, we can expect to see more money flowing into crypto.
Third: New regulations are making stable coins unstable, leading to a potential avalanche of market cap that will power the next altseason. The Financial Regulators have raised concerns about the risks posed by stablecoins and has recommended stricter rules on these cryptocurrencies. This could lead to a decline in the popularity of stablecoins, which would increase the demand for other cryptocurrencies, including altcoins.
How to Profit Safely From Altcoin Season 2023
Want to learn how to profit from these changes? AND get out at the right time?
Join the AltSeason Copilotand build a diversified portfolio as Bitcoin dominance starts to decline.
Our spreadsheet and trading plan helps you track the altcoin season trends and provides a clear trading plan for insights on when to buy and sell.
By joining the AltSeason Copilot, you can be prepared in advance to build a diversified portfolio when Bitcoin dominance is topping and starting to decline.
Navigate every Altcoin Season with confidence. The Altseason Copilot by introtocryptos.ca
Artificial Intelligence (AI) has exploded into public awareness. Crypto Artificial Intelligence Tools are gaining attention for their potential to dramatically transform industries almost overnight, this impending tsunami of change has attracted a lot of attention from investors.
The Benefits of Investing in Layer 1 Coins
Before we dive into the top AI & Big Data tokens, it’s important to understand the significance of Layer 1 coins that underlie and power these technologies. The Layer 1 coins are cryptocurrencies that function as the underlying infrastructure of blockchain networks.
Investing in Layer 1 coins can provide significant benefits, such as:
Being a critical part of blockchain networks
Potentially high returns on investment
Having a significant impact on the overall crypto market
To learn more about why investing in Layer 1 coins is a smart investment strategy, check out Why Invest in Layer 1 Coins.
The blockchain space is the new blue chip! We are watching several tokens that have been developed to harness the power of AI and Big Data.
In this article, we will be looking at some of the top AI & Big Data tokens in the market.
1. SingularityNET (AGI)
SingularityNET is a decentralized AI network that connects AI developers and users. It allows developers to monetize their AI algorithms, while users can access AI services without the need for intermediaries. SingularityNET uses AGI as its native token to incentivize developers to build and deploy AI services on its platform. The AGI token can be used to pay for AI services or traded on cryptocurrency exchanges.
Ocean Protocol is a decentralized data exchange that allows individuals and companies to share and monetize their data. It aims to create a global data economy that is transparent and fair to everyone. The OCEAN token is used to incentivize data providers to share their data and data consumers to access the data. The token can also be used to purchase data services or traded on cryptocurrency exchanges.
3. Fetch.ai (FET)
Fetch.ai is an AI-powered decentralized network that connects devices and machines to create an autonomous economy. It enables devices to communicate with each other and perform tasks without human intervention.
The History Of Artificial Intelligence
Read more about the Multi-Agent Systems (MAS) – a branch of Artificial Intelligence (AI) that Fetch crypto blockchain are helping to expand.
The FET token is used to incentivize node operators to provide computing power to the network. The token can also be used to pay for services on the network or traded on cryptocurrency exchanges.
4. Numerai (NMR)
Numerai is a hedge fund that uses AI to make investment decisions. It crowdsources AI models from data scientists around the world and uses them to trade in the stock market. The NMR token is used to incentivize data scientists to create accurate AI models. The token can also be used to participate in tournaments to create the best AI models or traded on cryptocurrency exchanges.
5. Cortex (CTXC)
Cortex is a decentralized AI platform that allows developers to create AI applications using blockchain technology. It aims to democratize AI by making it accessible to everyone. The CTXC token is used to incentivize developers to create and deploy AI applications on the platform. The token can also be used to pay for AI services or traded on cryptocurrency exchanges.
One of the most exciting AI & Big Data tokens in the market today is The Graph (GRT). The Graph is an indexing protocol for querying networks like Ethereum and IPFS. It allows developers to build decentralized applications that can quickly and efficiently access data on these networks.
By using The Graph, developers can create applications that are faster, more reliable, and more secure than traditional centralized applications. The Graph has quickly become one of the most popular tokens in the Web3 ecosystem, and many experts believe that it will play a critical role in the development of a new, decentralized internet.
AI and Big Data are creating of world of crypto opportunities in some incredible ways.
From Layer 1 coins to trading algorithms to indexing protocols, these technologies are being used to create faster, more efficient, and more secure financial systems.
By investing in tokens like Solana, Avalanche, Cosmos, and The Graph, individuals and businesses can potentially capitalize on these innovations and reap significant rewards.
To learn more about how to build a well-diversified crypto portfolio that includes AI & Big Data tokens, be sure to do your research, set clear investment goals, and stay up-to-date on the latest trends and developments in the industry.
The Metaverse sounds exciting but are there going to be Metaverse Jobs in Decentraland and other Virtual Worlds like Illuvium and Highstreet?
This new frontier that’s rapidly expanding as technology evolves. The overlap of Artificial Intelligence tools and virtual worlds are certain to create opportunities for building businesses, finding jobs and for creating passive income streams.
But now with virtual reality technology and cryptocurrency blockchain-based economies – these online worlds are certain to become a standard part of everyday life for hundreds of millions of people in the near future.
COVID Prepared Us For The Metaverse
After COVID, our world is primed for the Metaverse. We are prepared to work online – so it’s only natural that people are beginning to explore job opportunities in these realms.
Lets take a closer look at theories about the emerging job market in the Metaverse – I would love to hear from you about how you are taking advantage of this new and exciting world of income generation. Send me a tweet, drop a note in our Discord or post a comment below.
What is the Metaverse?
The Metaverse is a virtual world that is similar to the internet but with some distinct differences. It is a fully immersive 3D environment where users can interact with each other, explore virtual spaces, and engage in various activities. The Metaverse is built on top of existing technologies such as virtual reality, augmented reality, and blockchain, to create a seamless and interconnected virtual world.
Many such worlds already exist – they have been called MMORPG’s (Massively Multiplayer Online Roll Playing Games).
Where To Apply For A Metaverse Job?
Metaverse jobs include the various real world roles and positions available to build and support the development of these new virtual worlds. As the Metaverse continues to evolve, new opportunities are opening up within the virtual space for people with a range of skill sets.
Some of the best paying Metaverse jobs require specialized skills:
Game Developers – Looking for game developer jobs in Decentraland Metaverse? Designing and developing games that can be played in the Metaverse.
Virtual Architects – Are you a 3D modeler looking for work in the Decentraland Metaverse? Create virtual spaces and buildings that users can explore.
Virtual Security Experts – Ensuring the security and safety of users in the Metaverse.
Virtual Event Coordinators – Planning and organizing events in the Metaverse, such as virtual conferences, concerts, and parties.
Virtual Social Media Managers – Managing social media accounts for companies who are building a presence in the Metaverse.
Some ways to make money from the growth of the Metaverse
Virtual Marketers – Promote products, services and education people will need to access and participate in the Metaverse.
Virtual Real Estate Agents – Ready to join the virtual land rush and make a career out of selling virtual land? Buying and selling virtual land and properties in the Metaverse.
Virtual Artists – Creating digital art and designs for use in the Metaverse. If you’re an experienced NFT designer, check out the job positions available in the Decentraland Metaverse and help shape the future of collectibles!
Virtual Merchandisers – Creating and selling virtual products such as clothes, accessories, and other items.
Why are Metaverse Jobs becoming popular?
Metaverse jobs are a hot topic because you can work from anywhere in the world as long as you have an internet connection. A side gig or a part time job in the Metaverse might offer a unique opportunity to work in an entirely new field that is exciting, innovative and with unknown potentials.
How can you get a Metaverse Job?
Getting a Metaverse job will not be anything like getting a job in the real world. You need to have some practice in the environment. Take the time to build the necessary basic skills of navigating and interacting in the virtual world. There are some skills that will be essential in the Metaverse. These include:
Familiarity with using virtual reality and augmented reality technologies.
Strong digital design skills.
Excellent communication skills, as you will be interacting with people from all over the world.
An understanding of blockchain technology and cryptocurrency.
A thirst to learn new technology innovations – staying on the cutting edge of artificial intelligence tools.
I would not expect a Metaverse job to be found on job boards – but rather from personal connections established over social media platforms.
Metaverse Jobs on Crypto Job Boards
Keep an eye on job boards that advertise Metaverse jobs. Find high demand Metaverse Jobs and the best unexpected career opportunities in the Metaverse.
In these specialized Crypto Job Boards you’ll find detailed collections:
Crypto job boards can be beneficial for finding a job in a metaverse virtual world:
Relevant Job Postings: These job boards specialize in crypto and blockchain-related job openings, which is a critical aspect of most metaverse virtual worlds. As a result, the job postings on these boards are likely to be more relevant to your skillset and interests.
Community Interaction: The crypto community is heavily invested in virtual worlds and metaverses, and job boards specific to this industry offer a platform for interaction with like-minded individuals. You can network with people who share your interests, connect with people, and learn more about the opportunities available in the metaverse space.
Innovation and Emerging Tech: The crypto industry is known for being innovative and pushing boundaries. Metaverse virtual worlds are no exception, and the industry is constantly evolving. By exploring job opportunities on crypto job boards, you can jump to the front on the latest developments and find opportunities to work on cutting-edge technology.
Network On Social Media To Get A Metaverse Job
The most powerful tool remains: networking.
Use the social media platforms to connect with the people behind the metaverse projects on LinkedIn and Twitter. This can be a great way to stand out from the virtual, faceless crowd and get on the radar with people in the Metaverse industry.
Are you tired of making trades that never seem to go your way? Do you want to improve your trading skills and see better results? If so, you’ve come to the right place. In this article, we’ll discuss how ChatGPT can help you become a better trader.
Trading can be an exciting and lucrative way to earn money, but it can also be challenging and frustrating, especially when you don’t see the results you were hoping for.
Cut The Chaff, Learn FASTER
There are many trading courses with a solid approach, but learning their content requires hours of watching professionally created, informative videos and reading through chapters of well organized text… just to find the nuggets of wisdom that are important for YOU.
Great news is – in 2023 there are new and amazing tools available that can help you vastly speed up your learning time so you can more quickly improve your trading skills and increase your chances of success.
One such tool is ChatGPT, a powerful AI-powered platform that can assist you in learning every aspect of your trading approach as the markets move through their cycles.
Learn to Trade Better with ChatGPT
As a language model, ChatGPT can certainly help you learn about trading methodologies and provide guidance in becoming a better trader. Here are a few ways in which ChatGPT can serve as a coach in learning a specific methodology in trading:
Explaining the methodology:
ChatGPT can explain the concepts and principles of a trading methodology in a clear and concise manner. By understanding the methodology’s core principles, you can gain a better understanding of how it works and how to apply it in your trades.
Answering your questions:
As you learn about a specific methodology in trading, you may have questions about how to apply it or how it relates to other trading concepts. ChatGPT can provide answers to your questions and help clarify any confusion you may have.
Providing examples:
ChatGPT can provide examples of how the methodology has been used in the past and how it has performed under different market conditions. This can help you better understand the methodology’s strengths and weaknesses and when to use it effectively.
Offering personalized guidance:
ChatGPT can provide personalized guidance based on your trading experience and goals. By answering questions based your individual needs and preferences, the automated teacher can help you Learn to Trade Better with ChatGPT by developing the understanding of the specific part of the trading plan that you are asking about.
This AI chatbot coach can adapt to different student learning needs and styles. By providing personalized responses and resources based on the student’s questions, the AI chatbot can effectively support their learning and help them achieve their goals.
ChatGPT can provide different explanations of the same concepts by utilizing its vast knowledge and understanding of language. The bot can use the AI technology to draw upon its understanding of related concepts to provide a more comprehensive explanation of the specific course materials.
AI – The Tireless Coach
An automated chatbot can serve as a tireless coach and encourager by providing consistent and personalized support to users, 24/7.
Unlike a human coach, a chatbot can be available at any time, which means that users can access support and guidance whenever they need it, without having to wait for a scheduled appointment or session. This can be especially beneficial for users who have busy schedules or live in different time zones.
An education assistant chatbot provides personalized feedback and encouragement based on the user’s progress and goals.
By analyzing the user’s interactions with the chatbot and tracking their progress over time, the chatbot can provide targeted feedback and encouragement to help them stay motivated and on track.
For example, if a user is building the daily habits of following a new trading strategy, the chatbot can help them remember key concepts and apply the strategy effectively. It can also provide positive reinforcement when the user makes progress or achieves a specific goal.
Judgment-Free Instruction
Furthermore, a chatbot can provide a judgment-free environment for users to ask questions and seek guidance. Since the chatbot is not a human coach, users may feel more comfortable asking questions or seeking feedback without fear of judgment or criticism.
As a user, I have found that utilizing an education assistant chatbot has greatly improved my learning experience – and I was immediately excited to add this benefit to help the members of my crypto trading course.
The judgment-free environment provided by the chatbot encouraged me to ask dumb questions and I was ok to ask several times to seek clarification on topics that I may have been too embarrassed to ask otherwise.
This one change in the way the information was presented really allowed me to fully understand the material I was learning. In fact – it blew me away, and I recognized the massive change that will sweep through all educational platforms!
The chatbot that I used gave me greater confidence in my understanding of the information I received in that course. Boom. That’s the kind of learning that changes behavior!
The personalized feedback and guidance provided by the chatbot was… almost spooky because it was based on my specific questions. By analyzing my interactions with the chatbot, the ChatGPT powered educational coach provided me with targeted feedback and guidance to help me get more out of this course, FASTER than most others.
My first experience using an AI powered chat bot to help with learning a specific course – totally blew me away.
In this article, we’ll explore the world of crypto tax software and how it can help you stay compliant with the tax regulations.
Cryptocurrencies have taken the world by storm. They are digital currencies that operate independently of a central bank and can be used to purchase goods and services online.
It’s up to you to report your trading profits and losses correctly
Crypto tax software is the first tool that every new cryptocurrency investor and trader needs in order to stay compliant with tax laws.
While crypto enthusiasts are enjoying the flexibility and opportunity offered by these currencies, the tax authorities are not left behind.
The your country may considers cryptocurrency to be property, or may consider it to be a commodity. Which means that any gains or losses from the sale or exchange of virtual currencies are subject to capital gains tax.
This applies to all digital currencies, including Bitcoin, Ethereum, Litecoin, and others. The complexity of the crypto tax regulations has led to the development of specialized software that can help investors and traders stay compliant with the tax laws.
Start now to automate the process of calculating taxes on digital assets and generate your own tax reports that can be provided to your bookkeeper and used for filing tax returns.
What is Crypto Tax Software?
Crypto tax software is a tool that helps cryptocurrency investors and traders calculate their tax liabilities. It works by analyzing your transaction history and applying the relevant tax laws to calculate the gains or losses on your digital assets.
The software is designed to simplify the tax reporting process, which can be very complicated, especially if you have many defi transactions with staking, trading the best crypto projects, flipping NFTs for profit, and so much more.
With crypto tax software, you can generate tax reports, including Form 8949, Schedule D, and other relevant forms required for tax reporting.
Benefits of Crypto Tax Software
Using crypto tax software has many benefits, including:
Accurate Tax Reporting: Crypto tax software uses advanced algorithms to analyze your transaction history and accurately calculate your tax liabilities. This reduces the risk of errors and ensures that you are filing your tax returns correctly.
Time-Saving: These new software can automate much of the process of calculating taxes, which saves you time and effort. You don’t have to manually calculate your gains or losses or worry about keeping track of your transactions.
Cost-Effective: Hiring a tax professional to help you with crypto tax reporting is recommended, yet you can complete much of the preparation in advance with the new crypto tax tools. This is more cost-effective and individuals and businesses of all sizes will have a better grip on how their crypto investments may affect their taxes.
Easy to Use: Most software is user-friendly and easy to use. You don’t need to be a tax expert or have any technical skills to use it.
Features to Look for in Crypto Tax Software
When choosing tax software, there are several features that you should look for as a crypto investor, such as:
Integration with Crypto Exchanges: The software should be able to integrate with the crypto exchanges you use to import your transaction history.
Accurate Tax Calculations: The software should use accurate algorithms to calculate your tax liabilities based on the tax laws in your country.
Multi-Currency Support: The platform should be able to handle multiple digital currencies, including Bitcoin, Ethereum, Litecoin, and others.
Tax Reporting: The app should generate tax reports, including Form 8949, Schedule D, and other relevant forms required for tax reporting.
How to Choose the Right One
Choosing the right crypto tax service can be a daunting task, given the variety of options available in the market. Here are some tips to help you choose the right software for your crypto tax reporting needs:
Does it support the crypto exchanges you use?
Does it cover the tax laws in your country?
Check if the software offers a free trial.
Top Crypto Tax Software in the Market
CoinTracking Crypto Tax Reporting Tool
Here are some of the top tax software for cryptocurrency investing
CoinTracking is a comprehensive crypto profit/loss tracking platform that supports over 8,000 digital currencies and 300 crypto exchanges. It offers accurate tax calculations and generates tax reports for various countries.
CryptoTrader.Tax: CryptoTrader.Tax is a user-friendly software that supports over 100 crypto exchanges. It offers accurate tax calculations and generates tax reports for various countries.
ZenLedger: ZenLedger supports over 400 crypto exchanges and offers multi-currency support. It offers accurate tax calculations and generates tax reports for various countries.
TokenTax: TokenTax supports over 300 crypto exchanges and offers multi-currency support. It offers accurate tax calculations and generates tax reports for various countries.
Koinly: Koinly supports over 6,000 digital currencies and 300 crypto exchanges. It offers accurate tax calculations and generates tax reports for various countries.
How to Use Crypto Tax Software
Using crypto tax tools is relatively easy. Here’s how to get started fast:
Sign up for CoinTracking and connect the crypto exchange API.
Import your transaction history into the software.
Review and categorize your transactions.
Generate tax reports.
File your tax returns.
Tips for Accurate Crypto Tax Reporting
Here are some tips for accurate crypto tax reporting:
Keep track of your transaction history.
Be consistent with your categorization of transactions.
Seek the help of a tax professional to verify every aspect of crypto tax reporting.
Common Mistakes to Avoid
Important mistakes to avoid in crypto tax reporting:
Failure to report all crypto transactions.
Inaccurate categorization of transactions.
Failure to report crypto-to-crypto transactions.
Failure to report mining income.
Future of Crypto Tax Software
It automates the process of calculating taxes on digital assets and generates tax reports that can be used for filing tax returns. When choosing crypto tax tool, it’s essential to look for software that offers accurate tax calculations, multi-currency support, and excellent customer support
