Tag: diversify

  • 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.

  • Find The Best Altcoin Opportunities for 2023

    Find The Best Altcoin Opportunities for 2023

    Five tips to find the best altcoin opportunities in 2023 with few key strategies to protect yourself from fraud and scams in the cryptocurrency market.

    tips to find the best altcoin opportunities in 2023
    1. Follow the news: Keep an eye on the latest developments in the cryptocurrency industry, including news about new altcoins, regulatory changes, and trends in the market. This can help you get a sense of which altcoins are gaining traction and which ones might be worth exploring further.

    How can I stay informed about the best cryptocurrency opportunities? Subscribe to a few of the well known daily email news sources like CryptoCompare and Coindesk.

    1. Research the altcoin’s technology and use case: Before investing in an altcoin, it’s important to understand what it does and how it plans to solve real-world problems. Look for altcoins that have a clear and compelling use case, as well as a solid technology platform to support it.

    How do I research a cryptocurrency’s technology and use case? Take your time and read through the resources listed in CoinMarketCap. You’ll find links to the project ‘white paper’ and their website. Sign up for newsletters and follow them on social media.

    1. Consider the team behind the altcoin: The people behind an altcoin can have a big impact on its success. Look for altcoins with a strong and experienced team that has a track record of delivering results.

    How can I assess the strength of a cryptocurrency’s team? Follow through from the project website and find the team members business profiles on LinkedIn. See if you can follow the social media profiles for the team members. A transparent project that is real and valid will ensure they are showboating the quality of the people they have put together.

    1. Look at the altcoin’s market cap and liquidity: Market capitalization is a measure of an altcoin’s market value, and it can give you an idea of how well the altcoin is doing relative to other cryptocurrencies. Similarly, liquidity refers to how easily you can buy and sell an altcoin, and it can be an important factor to consider when choosing an altcoin to invest in.

    How do I evaluate a cryptocurrency’s market capitalization and liquidity? Websites like CoinGecko and CoinMarketCap will provide the base data, yet it is important to know the best altcoin opportunities in the small cap coins require a different trading strategy. Larger cap coins may trend well over time while the explosive moves in shitcoins are better traded with the popcorn strategy used by Digital Currency Traders.

    1. Diversify your portfolio: It’s generally a good idea to diversify your portfolio by investing in a variety of different altcoins, rather than putting all your eggs in one basket. This can help mitigate risk and increase the chances that at least some of your investments will be successful.

    What are some strategies for diversifying my cryptocurrency investments? One way is to watch for the same trend trading signal to flash in a group of projects that you have read up on. Simply pick up your well-researched coins when they are passing the threshold to enter, and release them as they pass the exit signal. Check out the Crypto SmartWatch trend following model portfolios for examples.

    Altcoin Opportunities Index from the Crypto SmartWatch Control Panel
    1. Be cautious: The cryptocurrency market is highly volatile and can be risky, so it’s important to be cautious when investing in altcoins. Make sure to do your due diligence and only invest what you can afford to lose.

    Managing risk is the first skill to learn before you consider as you seek out the best altcoin opportunities in 2023. A proven approach for reducing risk in crypto investments should improve your returns and effectively protect your capital at the same time.

    A short term life goal should include a specific plan to become a millionaire and crypto is a great place to begin learning about investing and growing your money.