Altcoin Opportunities

Author: AltSeason CoPilot Doug

  • Can We Profit From Web3?

    Can We Profit From Web3?

    Web3 refers to the third generation of the World Wide Web, which aims to bring the power of decentralized technology to the internet. To find if can profit from Web3 we need to understand where the value flows through the blockchain technology, which allows for the creation of decentralized applications (dApps) that can run on a decentralized network, rather than on a single centralized server.

    Should we invest in API3

    In the same way that it may be prudent to invest in Layer 1 Coins, as the underlying Web3 network gains more dApps, the value of the entire ecosystem grows. Explosive growth is anticipated when a large establish app chooses to relocate to a Web3 backbone because of the many efficiencies.

    While positioning before the explosive growth is a good idea – managing risk is always a first priority.

    It is important to pay close attention to the ebb and flow of altcoin seasons. The cryptocurrency sector trends together and must be an important part of choosing when to hold or release the API3 token.

    API3 is another one of the 300+ tokens in the Crypto SmartWatch model portfolio tracker.

    API3USDT Chart by TradingView

    Build on all Blockchains from one place

    API3 is a protocol that aims to make it easier to create and deploy dApps on the Web3 stack.

    Built on the Chainlink protocol for its ability to automate and streamline business processes, API3 allows developers to access the functionality of different blockchain networks, such as Ethereum, through a single API.

    Access different blockchain networks through a single protocol.

    This means that developers do not need to learn the specifics of each blockchain network they want to build on, and can instead use the API3 protocol to access the functionality they need from various blockchains.

    The API3 protocol also aims to provide a way for dApps to access data from different sources, such as web services and external databases, in a decentralized manner.

    What is a First-Party Oracle?

    Legacy third-party oracle networks and first-party oracle solutions are two different types of oracles that are used to provide data to smart contracts on a blockchain.

    A legacy third-party oracle network is a decentralized network of nodes that gather data from external sources and provide it to smart contracts on the blockchain. These oracles are typically operated by third-party entities and are not directly controlled by the smart contract creators or users. They can be used to access a wide variety of data sources, including APIs, websites, and other off-chain systems. However, because they are operated by third-party entities, there is a risk that the oracle network may be compromised, leading to inaccurate or unreliable data being provided to the smart contract.

    On the other hand, a first-party oracle solution is a system in which the smart contract creator or user directly controls the oracle and the data it provides. This can be done by hardcoding the data into the smart contract or by using a decentralized application (dApp) that interacts with the smart contract to provide the data. Because the oracle is directly controlled by the smart contract creator or user, there is less risk of inaccurate or unreliable data being provided to the smart contract.

    Learn more about first-party oracle solutions that are directly controlled by the smart contract creator or user, and how that makes them more reliable and secure.

    Web3 dApps using API3

    Here are a few dApps that are using the API3 protocol:

    1. ChainGuard: A security protocol that uses API3 to provide a secure and trustless way to access APIs.
    2. The Ocean: A protocol for data marketplaces that allows data providers to monetize their data by selling access to it through API3.
    3. OceanDAO: A autonomous organization (DAO) built on the Ocean protocol that allows its members to vote on proposals and make decisions about the protocol’s development.

    Please note the above-mentioned dApps are in development stage and their status and functionality can change over time.

    To answer the question ‘Can We Profit From Web3?‘ – the answer is a strong yes – if we time our entry with this popular AltSeason TradingView Indicator.

    As the underlying Web3 network gains more dApps, the value of the entire ecosystem will grow. Explosive growth is anticipated when a large establish app chooses to relocate to a Web3 dApp backbone because of the many efficiencies.

  • Passive Income with Cloud Computing

    Passive Income with Cloud Computing

    iExec RLC is a decentralized cloud computing platform that allows users to earn passive income with Cloud Computing, while providing a marketplace for enterprise businesses to rent cost effective computing resources.

    Earn passive income with cloud computing
    Rent out computing power, apps or datasets!

    Built on the Chainlink protocol for its ability to automate and streamline business processes, the iExec platform is designed to provide a secure and decentralized way for individuals and businesses to access the computing power they need without having to invest in expensive hardware.

    Price if RLC Token

    RLCUSDT Chart by TradingView

    Who Is It For?

    The target customer for iExec RLC is anyone who needs access to computing resources, including individuals, businesses, and organizations.

    Earn Passive Income

    For individuals, iExec RLC offers the opportunity to earn passive income with cloud computing by renting out their unused computing power to others. This allows you to monetize their idle assets and earn a return on their investment.

    This image has an empty alt attribute; its file name is nicehash.png

    Earn from your GPU’s with NiceHash

    For Providers
    You have assets that can be monetized. Perhaps you have extra computing power you’d like to rent out. Maybe you’ve built an application or a dataset someone could use. Our marketplace enables you to get paid for your computing assets, all while you retain ownership and privacy.

    iExec RLC Website

    In the decentralized cloud computing market, iExec RLC faces competition from several existing platforms, including Golem and SONM.

    However, iExec RLC differentiates itself by offering a more robust and secure platform, with features such as secure data storage and execution, and a focus on enterprise use cases.

    Additionally, iExec RLC has a strong team of experienced developers and advisors, which gives it an edge over other platforms in terms of development and adoption.

    When To Buy RLC

    RLC is one of the 300+ tokens in the Crypto SmartWatch model portfolio tracker.

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

    Learn more about Crypto Trading Plan Example PDF.

    Passive Income with Cloud Computing

    Overall, iExec RLC is a promising platform where you can rent out your computing power.

    With its focus on security and enterprise use cases, it has the potential to disrupt the current market and become a leader in the new cloud computing space.

  • Altcoin Signal Group For Busy People

    Altcoin Signal Group For Busy People

    Automate your diversified cryptocurrency strategy in our Altcoin Signal Group for busy people. Invest when the time is right.

    A Good Altcoin Signal Group

    When evaluating a good altcoin signals group where you can feel comfortable and you can call home, there are several key factors to consider.

    A) Style Of Trading

    First thing to consider is the style of trading signals being provided. Is the focus on scalping day trades? Do they focus on leveraged trading or spot trades? Are the signals long term or intended for smaller timeframes?

    Before you consider which altcoin signal group to join, consider how their trading approach fits with the investing style and approach that you want to follow.

    1. Risk tolerance: The first and most important factor to consider is how does this signal group deal with risk? Different investment styles carry different levels of risk. It’s important to choose a signal group that is super clear about their risk control rules. Do they hype with ‘projected profits’ or do they identify risk associated with each investment?
    2. Investment horizon: Your investment horizon, or the amount of time you plan to hold your investments, is another important factor to consider. Some investment styles, such as growth investing, are better suited for long-term investors, while others, such as day trading, are better suited for short-term investors.
    3. Financial goals: Your financial goals will also play a role in determining the appropriate investment style. Your short term goal should be to create a written plan to become a millionaire in the next ten years.
    4. Knowledge and expertise: Your level of knowledge and expertise in implementing a trade and setting the stop loss is also important. Knowledge is easy, expertise takes practice. Find a signal group that can help you build the habits of a successful trader.
    5. Tax implications: The tax implications of different investment styles should also be considered. For example, investments that generate a lot of day trades may be subject to business trading tax fees rather than trend following trades that may generate long-term capital gains taxable growth. Check with your local tax specialist.

    Track your first 200 trades for free and generate sample tax reports on your cryptocurrency trading. We recommend CoinTracking.co

    B) Track Record of Results

    Second, the best signal groups will already have a strong track record of providing accurate and profitable signals. If this is difficult to determine, it may be this group cherry picks the results they share.

    Look for an open history of providing quality signals that were profitable in the past. Of course the signals may not be in the future but looking at the group’s past performance and comparing it to market trends can give you an idea of their accuracy and when to expect profitability from the approach they are following.

    C) Education Included

    Another important factor is the group’s level of educational support. A good signals group should be open and transparent about teaching you their trading plan and strategies. They should provide clear and detailed explanations of each signal they provide, including a screenshot of the trade setup and the reasoning behind the signal. The best crypto signals groups will post an alert in their crypto Discord community detailing the potential risks and rewards associated with the trade before the trade is placed.

    D) Cost To Value Ratio

    Finally, it’s important to consider the cost of membership compared to the value they provide. Do they save you time? Do they make they system simple to follow?

    Some premium crypto groups charge a monthly fee for loads of data that doesn’t actually give you a simple clear action plan to follow. Some signal groups require you to watch for signals all the time.

    An Altcoin Signal Group for busy people will focus on a longer term, trend following approach that follows the altcoin seasons. This low time-maintenance approach to crypto investing is focused on making your money work for you while you are doing other things.

    Crypto SmartWatch

    Annual Membership

    Crypto Signal Group
    For Busy People

    Be sure to evaluate the cost of membership, the group’s past performance and consider how their approach will fit into your routine to help you increase your chance of profits and success in the crypto market.

  • Crypto is a great tool for Mass Surveillance

    Crypto is a great tool for Mass Surveillance

    One of the most significant concerns with crypto regulations is the potential for crypto to be used as tool for mass surveillance.

    As the popularity of cryptocurrency continues to grow, so does the need for regulations to protect investors and prevent fraudulent activity.

    There are conspiracy theories that suggest that the true goal of authorities is a “George Orwellian” mass surveillance society, and that cryptocurrency regulations are just another well-planned step in achieving this goal.

    These theories argue that regulations requiring know-your-customer (KYC) and anti-money laundering (AML) checks are just a way for authorities to collect personal data on individuals and track their financial transactions.

    Not A Theory

    is crypto a tool for mass surveillance?
    Public Surveillance is big business

    Some would even argue the CONSPIRACY is not a theory but it is an active secret plan or agreement with political motivation. The potential for a covert or unprovable agreement naturally rises fears that parties intend to perform together an illegal, wrongful, or subversive act.

    Could it be a group of conspirators from ‘The Deep State’?

    A conspiracy can be defined as: An agreement between two or more persons to commit a crime or accomplish a legal purpose through illegal action.

    When political groups seem to be joining or acting together to accomplish a purpose that appears to be withheld from the public, there is space to question sinister design.

    Regulations Are Good For Regulators

    In the same way that crypto benefits from deeper public trust with transparency, regulation and oversight – so too are voters better served by a governing system, regulatory bodies and regulatory agents that must also answer to scrutiny with open agendas and accountability.

    Downside of Crypto Regulation

    However, it’s important to remember that regulations can have a downside as well. They can stifle innovation, and in some cases, they can even be used as a means of mass surveillance. The key is to find a balance between protecting investors and protecting privacy rights.

    While it’s impossible to know for certain if these theories are true conspiracies, these regulations can make it more difficult for individuals to maintain their privacy and financial autonomy – not just from valid government reporting, but from bad actors who are seeking to exploit identity theft opportunities.

    Not a Tool for Mass Surveillance

    The key is to find a balance between protecting investors and protecting privacy rights. This can be achieved through regulations that are clear, concise, and focused on preventing fraud and manipulation, rather than on mass surveillance.

    Additionally, it is crucial to have oversight and enforcement by governed regulatory bodies such as the Securities and Exchange Commission (SEC) or the Financial Conduct Authority (FCA) that are responsible for enforcing regulations and taking action against any companies or individuals that violate them.

    Crypto regulations will be beneficial in helping to prevent fraud and manipulation, and they can provide oversight and enforcement to hold companies and individuals accountable.

    As regulatory clarity is achieved it will soon follow that key business sectors will be disrupted by the power of smart contract technology.

    There are several cryptocurrency projects to watch in 2023!

    Additionally, regulations can also help to prevent catastrophic failures in the business market, which can increase investor confidence.

    In conclusion, as the cryptocurrency market continues to grow, it’s crucial to find a balance between protecting investors and protecting privacy rights.

    Regulations should be clear, concise, and focused on preventing fraud and manipulation, and it’s crucial to be vigilant of the potential for them to be used as a tool for mass surveillance.

  • Crypto regulations are making investing safer

    Crypto regulations are making investing safer

    Cryptocurrency regulations are becoming increasingly important as digital assets gain mainstream acceptance. These regulations are designed to protect investors and prevent fraudulent activity, making the market safer for everyone.

    One of the key ways that regulations are making investing safer is through the implementation of know-your-customer (KYC) and anti-money laundering (AML) laws. These laws require cryptocurrency exchanges and other companies to verify the identities of their customers, which helps to prevent money laundering and other illegal activities. Additionally, these regulations can also help to prevent fraud by ensuring that only legitimate actors are able to participate in the market.

    Another way that regulations are making investing safer is through the establishment of clear rules and guidelines for the market. This includes rules around the listing and trading of cryptocurrencies, as well as guidelines for initial coin offerings (ICOs). Clear rules and guidelines can help to prevent fraud and manipulation, which are major concerns in the cryptocurrency market. Additionally, it also helps to provide a level of predictability for investors which helps to increase confidence in the market.

    Regulations are also helping to protect investors by providing oversight and enforcement. This includes oversight from regulatory bodies such as the Securities and Exchange Commission (SEC) in the United States and the Financial Conduct Authority (FCA) in the United Kingdom. These organizations are responsible for enforcing regulations and taking action against any companies or individuals that violate them. This oversight can help to prevent fraud and manipulation, as well as provide a sense of accountability for market participants.

    It’s worth noting that, while regulations are making the market safer, it is also important to remember that the cryptocurrency market is still relatively new and inherently risky. It is still a speculative market, and investors should always do their own research and invest only what they can afford to lose. Additionally, it is also important to be aware that regulations can vary significantly from country to country, and investors should familiarize themselves with the rules and regulations in their own jurisdiction.

    In conclusion, cryptocurrency regulations are becoming increasingly important as digital assets gain mainstream acceptance. These regulations are designed to protect investors and prevent fraudulent activity, making the market safer for everyone. With the implementation of know-your-customer (KYC) and anti-money laundering (AML) laws, clear rules and guidelines, and oversight and enforcement, investors can have more confidence in the market. However, it’s important to note that the market is still relatively new and inherently risky, and investors should always do their own research and invest only what they can afford to lose.