Altcoin Opportunities

Tag: crypto smartwatch

  • 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!

  • Why Did ACH Pump in February?

    Why Did ACH Pump in February?

    What is ACH coin and why did ACH pump in February 2023? Even more, we’ll review the charts to consider will it go even higher from here?

    Alchemy Pay (ACH token) is a payment solutions provider that seamlessly connects fiat and crypto economies.

    While it is a layer 2 ERC20 token on the Ethereum blockchain – if the project is in a unique position to overcome long-standing barriers and drive mainstream adoption of crypto…

    Well then, I want to have a bit of it!

    The Pro Alert Signal was published on January 21, and is highlighted in the live view of our Best AltSeason Alert Signals Spreadsheet.

    Now in just over a month of time, ACH is one of the top performing altcoins of 2023 so far!

    Alchemy Pay’s native token, ACH, experienced a significant pump in February, leaving many investors wondering what the driving force behind this sudden surge in value was.

    To understand this huge pump, let’s examine some factors that may have contributed to the token’s value increase.

    One of the significant factors that propelled ACH’s price upward was Alchemy Pay’s unique position in the market has given it an edge over other payment solutions providers.

    The company’s platform allows users to convert their fiat currency to cryptocurrency and make seamless transactions with merchants who accept cryptocurrency payments.

    Current ACH/BTC Price Chart

    ACH/BTC Chart by TradingView

    This innovative interface between blockchain and fiat systems may be a solution has the potential to drive mainstream adoption of cryptocurrency by making it more accessible to the average consumer.

    A Massive Trend Unfolds

    To understand the significance of this demographic trend, it’s helpful to compare it to the adoption rates of other disruptive technologies. For instance, the radio took approximately 38 years to reach 50 million users, while television took only 13 years to achieve the same feat. In contrast, Bitcoin has reached the same milestone in just 12 years, highlighting the unprecedented speed at which cryptocurrency is being adopted.

    But things may be about to accelerate even more!

    The integration of crypto blockchain technology and DeFi protocols with existing software has the potential to significantly accelerate the cycle of adoption.

    The cycle to reach 50 million users may now take just months.

    By integrating these technologies into existing apps and software, users and business can seamlessly transition into the world of cryptocurrency without needing to change their behavior or download new apps.

    The significant advantages of blockchain networks enable users and business to monetize their content and create new revenue streams without having to switch to a new platform.

    No understanding of cryptocurrency technology will be required, as users are already familiar with the software and can easily integrate crypto-based features.

    New DeFi protocols will enable users to access financial services that were previously unavailable to them, creating a network effect of crypto integration.

    When to buy ACH Token

    Select AltSeason market signals in early 2023 have been making some big gains in February like this 100+% result from our trade alert for the ACH/BTC pair.

    If you’re interested in getting a little stake in the potential future of ACH token… before you purchase ACH tokens from a cryptocurrency exchange, such as Binance or BitGet – get familiar with the common cycle of altcoin seasons.

    What Is AltSeason, Step By Step

    Recalling that 80% of new traders lose money, we need to start better prepared than those people. We need a specific plan so we can identify in advance which altcoins are most likely to experience rapid price growth.

    1. Learn about Bitcoin Dominance and more:
      AltSeason Explained, Step By Step
    2. AND – before we START – we need to know and practice our protection plan over and over again so we use it like a habit.

    ACH/BTC is one of the 300+ tokens that we cover in the 5 Star Rated 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.

    Check out our powerful Altseason Tradingview Indicator and tips on how to teach yourself crypto trading.

    Check out more details about Alchemy Pay and ACH token on CoinMarketcap.

    Connect With Alchemy Pay

    https://alchemypay.medium.com/

    In conclusion, the integration of crypto blockchain technology and Alchemy Pay’s native token, ACH, with existing software has the potential to significantly accelerate the cycle of adoption.

  • How To Build a Crypto Portfolio

    How To Build a Crypto Portfolio

    Build a crypto portfolio at the right time you can make huge gains from each AltSeason. After plotting out every Altcoin Season over the past four years, our team came up with a list of things to consider when building out a diversified crypto portfolio in a trend following trading plan.

    Your Big Picture Plan

    Asset allocation: Use a percentage approach to diversify your total assets into different investment pools, cash savings, precious metals, revenue generating assets, stocks and an investment pool into crypto. Crypto is amazing, crypto is great… AND we also need a broad financial plan.

    Your investment pool in crypto may only represent 20% of your overall wealth. And the crypto investment strategy should include a trading plan based on price change and a distribution plan to diversify crypto profits to assure your personal long term wealth and financial security.

    If you are 100% focused on crypto, start making a plan to invest your profits into a small revenue generating asset. For example, purchase a hardware computer as a passive income generating strategy like providing computing power or cloud storage…

    Your Best Crypto Portfolio

    Risk management is our job as traders. As we plan to build the list of best cryptocurrencies to hold in 2023, we’ll start out with small position sizes across many different coins.

    Getting Set Up

    Here are a few points to check off as you prepare to build your next crypto portfolio:

    1. Position sizing: Consider smaller position sizes across more markets. Less than 2% of your crypto investment pool into any one coin or token.
    2. Risk management: Consider your stop loss order as the ‘insurance fee’ you are willing to pay to have your money watch that price chart. Our job is to limit potential losses and protect capital.
    3. Market selection: Selecting markets that pass our AltSeason TradingView Indicator are likely to continue to trend and increase the chances of holding the best performing coins in 2023.
    4. Diversify across blockchains: research the top dApp projects on each Layer1 Protocol to help improve exposure to industry disrupting technologies.
    5. Time horizon: Take time off the table when building a diversified portfolio and simply follow the ebb and flow of altcoin season.

    Your Crypto Profits

    Altcoin Seasons come and go. After every altcoin season is finished and we’ve closed most of our trades, it’s time to move those profits. Crypto seasons come and go once or twice each year and we can begin to plan that assumption into our long term financial plan of becoming a crypto millionaire.

    1. Tax implications: Tax implications of a trend following portfolio are more likely to fall under long-term capital gains. Be informed. We recommend CoinTracking as a tool that every crypto trader should use to generate sample tax reports.
    2. Rebalancing: Only rebalance your crypto portfolio as more markets are passing our Altcoin Season entry or exit signals to optimize returns over time. The Crypto SmartWatch Daily Action Matrix can save you hours of chart scanning every week!
    3. Monitoring: Regularly monitor the performance of the crypto portfolio. Send profits off exchange. Be sure to own a cold storage hardware wallet and we recommend keeping that hardware wallet in a safety deposit box in a bank vault.

    Leverage Not Required

    Avoid the use of leverage: Careful consideration should be given to the use of leverage, as it can magnify both gains and losses. The random volatile nature of crypto is enough to ruin good trades – even if you are right – when leverage is added to crypto trading.

    When To Get In

    To understand altcoin season, it’s important to understand how Bitcoin Dominance and Altcoin Season are related and what other tools may give a more clear picture.

    Watch the progression of Altcoin Season

    The following sequence of pie charts show the approach of the January 2023 mini bull market in altcoin prices. The surge of price bullishness can be observed as the number of ALERT status coins increased day by day.

    When To Get Out

    Your exit signal is the most overlooked part of the trading plan for new traders. Pro Traders know that managing risk is our only job, and must know all your exit signals as a reflexive, memorized habit.

    The Crypto SmartWatch control panel and daily action matrix make it easy to stay in tune with altcoin season as it passes.

    Let go of those coins (yes, even let go of those amazing projects) that drop below the exit criteria. Let go of them with confidence… because our trend following system will pick them up again later.

    AltSeason Waves

    The Pie Charts above can also be plotted over time to give us a deeper understanding of the Altcoin Season momentum.

    The Crypto SmartWatch is an objective crypto portfolio tool that can help us focus our attention onto the segment of the 100’s of Altcoins to find those projects that have best investor interest and perhaps build a crypto portfolio full of the best cryptocurrencies to hold for 2023.

  • 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.

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    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.

  • Passive Income with Akash Cloud Computing

    Passive Income with Akash Cloud Computing

    Akash Network is a decentralized, open-source cloud computing marketplace that allows providers to earn passive income with Akash and provides customers a marketplace to rent computing resources from providers around the world.

    The Akash token (AKT) is one of a list of projects based on the Cosmos Hub, and AKT is used as the primary currency for buying and selling computing resources on the marketplace.

    AKTUSDT Chart by TradingView
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    Disrupting The Cloud

    The get started with the Akash Network to participate and compete against centralized cloud computing providers such as Amazon Web Services, Microsoft Azure, and Google Cloud. It aims to provide a more decentralized and open marketplace for cloud computing resources, which can potentially lead to lower prices and greater innovation.

    The customers that Akash Network is aiming to service include developers, businesses, and organizations that rely on cloud computing resources to run their applications and services. The platform is designed to be easy to use and allows customers to quickly find and rent the computing resources they need at a competitive price.

    How can I invest in Akash (AKT)?

    Akash Network crypto refers to the Akash token which is the native cryptocurrency of the Akash Network. The token is used to buy and sell computing resources on the marketplace.

    To invest in Akash Network, you can earn AKT by providing computing power or purchase it on a cryptocurrency exchange that supports trading of the AKT token. It is also important to note that Akash tokens may also be earned through staking or liquidity provision on certain platforms.

    Can you earn passive income with Akash?

    Yes, it is possible to earn passive income with Akash by contributing computing resources to the Akash network, providers can earn Akash tokens as a reward for their contributions.

    These tokens can then be sold on a cryptocurrency exchange or used to purchase computing resources on the marketplace. However, it’s important to note that earning passive income through providing computer power to the Akash marketplace may depend on various factors such as the demand for the resources you are providing, the amount of resources you are providing, and the current value of the Akash token.