Tag: altseason copilot

  • How I Solved the Common Trading Question: Which Coin Should I Hold?

    How I Solved the Common Trading Question: Which Coin Should I Hold?

    Do you find yourself struggling to identify profitable altcoin investments in the ever-changing cryptocurrency market?

    Are you tired of wasting precious time and resources trying to predict the next big altcoin winner on your own?

    If you seek a proven solution to maximize your returns during altcoin seasons, then look no further.

    The AltSeason CoPilot report for 2024-03-28


    Introducing The AltSeason CoPilot: A data-driven trading tool designed to help investors profit from altcoin price surges during altcoin seasons.

    Why it’s amazing? The AltSeason CoPilot utilizes a precise crypto trading plan, providing investors with a strategic edge in capturing significant gains during the altcoin season phenomenon.

    Crypto Landscape Heading Into April

    The AltSeason CoPilot’s algorithms have identified key market signals that suggest a bullish sentiment in the altcoin sector:

    New Alert Status Coins: There are 9 new coins that have triggered alerts for potential entry points, indicating a strong possibility for price increases.

    New Hold Status Coins: A count of 7 coins has transitioned to a ‘Hold’ status, recommending that investors maintain their positions in anticipation of continued growth.

    Partial to Hold Status Coins: 6 coins have shown enough positive movement to suggest partial investments or to hold existing positions, reflecting moderate confidence in their future performance.

    Conversely, certain indicators signal caution within the altcoin market:

    Partial Exit Status Coins: 7 coins are currently flagged for partial exit, indicating a potential decrease in their price or a slowing of their momentum.

    Exit Status Coins: There is 1 coin with an ‘Exit’ status, suggesting that it may be time to completely divest from this asset as it might not recover or participate in the bullish trend.

    Based on these observations, it appears that the sentiment within the altcoin market is broadly bullish with 22 coins showing positive signs versus 8 indicating a need for caution or exit.

    ## Cryptocurrency Market Summary

    Below is a summarized table reflecting the current AltSeason CoPilot signals.


    | Signal Type | Number of Coins |
    | ——————– | ————— |
    | New Alert Status | 9 |
    | New Hold Status | 7 |
    | Partial to Hold | 6 |
    | Partial Exit Status | 7 |
    | Exit Status | 1 |

    Traders and investors leveraging the AltSeason CoPilot’s insights should always keep risk management as their priority, being aware of the market’s volatility and the unique challenges posed by cryptocurrency trading.

    The approach suggested here encourages a diversified portfolio strategy, spreading investment across a range of cryptocurrencies to reduce risk while positioning for potential high-value movements in the market.

    Remember that market conditions can change rapidly and adaptability, coupled with sound judgement, remains key to successful trading in the crypto space.

    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.


    Solve the Common Trading Mistake

    How I Solved the Common Trading Question: Which Coin Should I Hold?


    Before:

    Wasted time and resources attempting to guess market trends and failing to spot profitable altcoin investments. Constantly second-guessing decisions, and falling victim to short-lived market volatility.

    After:

    Efficiently identifying potential high-performing altcoins during altcoin seasons, making informed investment decisions, and diversifying your portfolio to minimize risk. Imagine the freedom of securely growing your wealth in a thriving, unpredictable market!

    Case Study
    Check out our Bitget Copytrader account, posting a 364% closed ROI profit in just three months.

    How The AltSeason CoPilot Works
    Step 1: Monitor Bitcoin dominance and stable coin trends to determine market sentiment.
    Step 2: Utilize The AltSeason CoPilot’s daily action matrix to pinpoint high-potential altcoins.
    Step 3: Implement risk management strategies and allocate funds wisely.
    Step 4: Benefit from increased profits during altcoin season trends.


    Check out our 7 Day Trial and start navigating the complex cryptocurrency landscape with The AltSeason CoPilot.


    This post was created from the AltSeason CoPilot data using ChatGPT, Perplexity AI with Make.com automation.

    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.


  • Bitcoin, USDT or Altcoins

    Bitcoin, USDT or Altcoins

    Three pools of money that portfolio managers constantly rebalance to match the cryptocurrency price trends.

    It’s a pretty simple formula.

    Yet human nature makes us second guess while we make transitions from one phase of our money holdings into the next phase as the trends ebb and flow.

    Tracking data of the Altcoin Seasons over time helps us prepare for what may come next with the best cryptocurrencies for 2024.

    Dedicated daily altcoin index review to gather the data and long term analysis have let us learn how to look inside the general cryptocurrency trend data of bitcoin dominance and get specific about the best performing dApps, tokens and NFT markets.

    Each different wave of altcoin performance can be compared over time to help us better understand the fakeout patterns from the profit-making trends.

    As our data is presented in different views, it provides us with an educated perspective about the confirming moments in the trend change – as well as identifying the hottest moments of risk exposure to guard against potential losses.


    ➜ Altcoin Season Livestream on YouTube!


    Our Job As Traders

    Our only work is to manage risk. We don’t actually make the money. Our money is tasked with that job and we just position the money and protect it against risk.

    We don’t know the future.

    And we sure don’t know which one of these coins will pump or crash.

    So we must diversify small across all that pass our mark.

    And then we manage risk. So our job now is to watch for any of the HOLD status coins to pull back into Partial Hold.

    To me – that is a warning to protect my assets.

    But I just Got REKT

    Look at the murderous price swings that ripped apart so many leveraged traders the past few days.

    The stories of liquidations are sad to read.

    But our system is prepared for this and expects it actually.

    It will happen several more times in the months to come.

    I call it Whale Feeding Zone, and your stop loss levels need to be ready for it.

    So many exciting charts setting up right now!

    The 105 coins in HOLD status may still have opportunities to consider, yet most of those will be higher risk now that they have already passed our entry signal.

    Any of the Partial Exit coins that move back into FULL HOLD status are worth a look for some explosive continuation potentials.

    BE WARNED

    If the 4 hour EMA EXITS start to pick up – that is a warning and we should be reviewing the charts for our EXIT signals.

    The Daily Action Matrix Makes It Simple

    The Five Stages of The Trade make all of our action points very clear – so we can scan 270+ cryptos every day and sort the data to bring us a control panel that presents only the coins that are passing an action point.

    We don’t have to personally scan the price charts to find the best and most important action movers – that info is brought to us.

    Created By Crypto Portfolio Managers

    ➨ We created and improved our interface to make our jobs as easy as possible – and objective as our trading approach should be.

    Some of our members are portfolio managers and they can explain every trade they are holding.

    Nothing is left to chance in such a risky game. Every step of the trade is carefully planned well in advance. The diversification is a key component of the plan.

    How Crypto Portfolio Managers See Risk:

    Rebalance three pools of money to match the cryptocurrency price trends.

    Trading the triad of Bitcoin/Cash/Altcoins at the right time is a key component of the plan… every detail works together with a logical part to play in the over all plan.

    Oh ya – and you can learn for free.

    There are so many crypto scams out there – proof is in the plan. So we give it to you so you understand it. Putting the plan into action takes work and research and that’s where our membership provides so much value to real traders.

    The work and research is also what clears out the gamblers who try to follow our trading system.

  • 10 Altcoin Opportunities to Watch for in 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

    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.
    prepare to take advantage of the next altcoin season

    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.

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

    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!

  • Introducing Glassnode: The Premier Cryptocurrency Analytics Platform

    Introducing Glassnode: The Premier Cryptocurrency Analytics Platform

    As the world of cryptocurrency continues to grow and evolve, it has become increasingly important to have access to reliable and accurate data in order to make informed investment decisions.

    That’s where Glassnode comes in.

    And we are excited to announce our new partnership with GlassNode!

    https://studio.glassnode.com/partner/dealcode

    The dealcode link works like a Glassnode coupon for a 10% discount!

    As the premier cryptocurrency analytics platform, Glassnode provides a wealth of data and insights to help investors stay ahead of the game. With a variety of reports and tools available, Glassnode is the go-to source for anyone looking to invest in the world of crypto.

    The Benefits of Glassnode’s Reports

    Glassnode offers a range of reports designed to provide investors with the insights they need to make informed investment decisions. Below, we’ll take a closer look at each of these reports and the benefits they offer.

    1. The Daily Update

    The Daily Update provides a comprehensive overview of the current state of the cryptocurrency market. This report covers a range of metrics, including price movements, trading volumes, and market capitalization. By providing this information in an easy-to-understand format, the Daily Update is an essential tool for anyone looking to stay up-to-date with the latest developments in the world of crypto.

    1. The Week On-Chain

    The Week On-Chain report offers a deeper dive into the on-chain metrics of cryptocurrencies. This report covers a range of metrics, including transaction volumes, miner revenue, and network health. By analyzing these metrics, investors can gain a better understanding of the fundamental drivers behind the cryptocurrency market. This report is particularly useful for long-term investors who are looking to build a solid portfolio of crypto assets.

    1. The Glassnode Alerts

    The Glassnode Alerts tool allows investors to set up custom alerts based on a range of metrics, including price movements, network activity, and social media sentiment. This tool is particularly useful for active traders who want to stay on top of market movements and react quickly to any changes. With Glassnode Alerts, investors can be notified immediately when certain thresholds are crossed, allowing them to make informed trading decisions.

    1. The Exchange Flows

    The Exchange Flows report provides investors with insights into the movements of cryptocurrencies in and out of exchanges. This report covers a range of metrics, including inflows, outflows, and net flows. By analyzing these metrics, investors can gain a better understanding of market sentiment and identify potential buying or selling opportunities. This report is particularly useful for short-term traders who are looking to capitalize on market fluctuations.

    1. The NVT Ratio

    The NVT Ratio report provides investors with an alternative way to value cryptocurrencies. The NVT Ratio is a simple ratio of market capitalization to on-chain transaction volume. By analyzing this ratio, investors can gain a better understanding of the underlying value of a cryptocurrency. This report is particularly useful for investors who are looking to build a long-term portfolio of crypto assets.

    The Critique of Glassnode’s Service

    While Glassnode is an excellent resource for anyone looking to invest in the world of cryptocurrency, there are some potential drawbacks and limitations to the service. For example, the top tear service is quite expensive, which may be a barrier to entry for new investors. Additionally, some of the reports are quite technical and may require research and learning for novice investors to understand.

    Overall, Glassnode is an incredibly valuable resource for anyone looking to make informed investment decisions in the world of crypto. The reports and tools provided by Glassnode are second to none, and the insights provided can be incredibly valuable for investors at all levels.

    https://studio.glassnode.com/partner/dealcode

    Alternatives to Glassnode

    While Glassnode is the premier cryptocurrency analytics platform, there are a few other data research providers that investors may want to consider. Some of the most popular alternatives include:

    1. CryptoQuant

    CryptoQuant is a platform that offers a range of tools and reports for cryptocurrency investors.

    • Exchange Flows
    • Whale Alerts
    • Market Data
    • Miner Flows
    1. Santiment

    Santiment is a data research platform that provides a range of metrics and insights for cryptocurrency investors. Their platform offers real-time market sentiment data, on-chain analysis, and social media analytics, making it a powerful tool for investors looking to make informed decisions.

    1. Coin Metrics

    Coin Metrics is a provider of crypto asset market and network data. Their platform offers a range of tools and reports, including price and volume data, network health metrics, and more. Coin Metrics is known for their deep analysis of on-chain data and their commitment to providing accurate and reliable information.

    1. AltSeason CoPilot

    AltSeason CoPilot is a service that provides insights and analysis on the altcoin market, with a focus on identifying potential “altseasons” – periods of time where altcoins outperform Bitcoin. This long running service provides various metrics and indicators to help investors make informed decisions about their altcoin investments. Some of the key features of AltSeason CoPilot include:

    1. Altcoin Performance Metrics

    AltSeason CoPilot tracks the performance of various altcoins and provides insights into which coins are likely to outperform in the near future. The service uses various metrics such as bitcoin dominance in 2023, price, trading volume, and market sentiment, to identify potential opportunities for investors.

    1. Technical Analysis

    AltSeason CoPilot provides technical analysis of various altcoins, using chart patterns and other indicators to identify potential opportunities. The service also provides educational content on technical analysis, helping investors to better understand how to use these tools to make informed decisions.

    The AltSeason CoPilot service does not use social media activity or news coverage to provide insights and analysis on the altcoin market. Instead, the service uses a fully objective trend-following approach that you can learn with their free PDF.

    Conclusion

    Overall, Glassnode is an incredibly valuable resource for anyone looking to invest in the world of cryptocurrency.

    Their reports and tools provide valuable insights that can help investors make informed decisions about their investments. While there are some potential drawbacks to the service, the benefits far outweigh any negatives.

    Additionally, there are a few alternative data research providers that investors may want to consider.

    However, for the most comprehensive and accurate data, Glassnode remains the premier choice for cryptocurrency analytics.

  • Three Coins Mark The Start of Altcoin Season 2023

    Three Coins Mark The Start of Altcoin Season 2023

    JOE, LINA, OAX have rocketed out of the gate to Mark The Start of Altcoin Season 2023! In this post we review the before and after screenshots and point out some common factors about the price chart of these breakout crypto project.

    At the end of the post, we’ll close with a brief list of cryptocurrencies that are also showing these EXACT same common factors!

    JOE/BTC chart

    The trade signal was published on March 20 after JOE/BTC consolidated following a strong breakout a few days prior. Waiting for a consolidation like this begins with knowing this chart pattern so you can recognize it before The Start of Altcoin Season – then the secret is to scan many markets and trade those that have this pattern… rather than waiting and anticipating for YOUR market to make this pattern.

    Now, on April 6, the JOE/BTC trade has many different strategies for managing the stop loss. The AltSeason CoPilot will close the position according to this TradingView AltSeason Indicator, while the PRO ALERTS will leave the stop way back, just above the entry.


    LINA/BTC Chart

    The trade alert signal for the LINA/BTC trade example was published March 26. Price had demonstrated two strong prepump patterns followed by a steady selloff, and having returned to historical support levels, our system had a Risk to Reward ratio that was in our favor.

    In the April 6 screenshot we can see our stop level is above our entry and risk is managed on this trade. So long as the open profit is over 51% gains, this trade will be featured in our live list of Best Coins For Altcoin Season 2023.


    OAX/BTC Chart

    On March 23, the OAX/BTC trade signal was published based on this long term pattern. OAX held higher lows vs BTC from September 2022, May of 2023 and now making a 1-2-3 bottom right at historical levels… This combination chart patterns didn’t give much warning before the surge – and now, something even more exciting is building up!

    OAX/BTC price has pulled back and found a consolidation that is almost EXACTLY what our trading plan looks for – not as the start of altseason, but as our add on signal!

    Should price break above our second buy signal, we can move the stop losses above our average entry price, and we have successfully increased our position size without increasing risk!

    The AltSeason CoPilot trading plan has no provision for adding on, but instead, would be watching to exit the position because the 4 hour EMA’s have crossed bearish!!

    Only our PRO ALERTS signals provide this approach – both in our model portfolio spreadsheets, and in our Automated 3commas Trading Bots.


    List of New ALERT Cryptocurrencies

    April 5

    April 6

    Overnight, a set of 29 ALT/BTC pairs have crossed our thresholds from Neutral status into ALERT status.

    AltSeason CoPilot is suggesting that we should be completing the work of Stage 1 of the trade on those 29 trading pairs! The Daily Action Matrix makes it simple and easy to double check your trades.

    Learn all 5 Stages Of The Trade in our Free Crypto Trading Plan PDF. See how.

    It’s good to plot the number of ALERT status coins over time so we can see when they have been growing or declining over time. This graph below provides an important perspective on the importance of this shift in Altcoin Season 2023!

    We plotted the number of ALERTS, and we can see how they were slowly the past week or so, but overnight we have a large group of coins that have completed 2 of 3 of the requirements for the AltSeason CoPilot to flash a buy signal!

    The Start of AltcoinSeason 2023

    The ALTSEASON Opportunities meter jumped higher, and the ALTSEASON Entry Index remains maxed out!!

    This is the PRIME window of opportunity that we have been waiting and preparing for to mark The Start of Altcoin Season 2023!

    Learn more about The 5 Stages Of The Trade in the Free Crypto Trading Plan PDF.

    Don’t let ANOTHER altcoin season pass you by without a clear plan to practice!