Trading Signals for a Digital Future
To some, the thought of other digital currencies ever standing a chance at competing with Bitcoin was laughable, and enthusiasts would scoff at the idea of alternatives to Bitcoin ever gaining any sort of real traction.
It almost came as a surprise then, when between March and June 2017, Bitcoin’s dominance in terms of cryptocurrency market capitalization dropped from 86% to a staggeringly low 39%. Bitcoin’s decline in dominance didn’t correlate with any sort of price drop, as the price of Bitcoin surged from $1200 USD to a new high of $2964. How then, did Bitcoin more than double in price while halving in dominance? The answer is the rise of the altcoins. Altcoins are alternatives to Bitcoin, and since the beginning of 2017, day traders and speculators have been buying and selling them online to earn massive profits. Hundreds of coins were released in such a short time span, which led to a problem for day traders, namely; how can I consistently succeed in this market where prices are so volatile and subject to today’s news? Signal is now bringing their solution to the public.
Signal is a revolutionary digital currency trading tool that aims to arm the everyday trader with the same data multinational corporations routinely pay millions of dollars to attain. Think of Signal as your trading personal assistant, your own personal team of data scientists and your one-stop solution to altcoin information and alerts.
Through analysis of each user's custom investor profiles, the application will periodically alert traders when altcoins which fit their criteria are considered to be exhibiting strong buy potential. Unlike other applications which may simply alert users of unusual volume changes in the market, Signal will provide a detailed description of which metrics and technical analysis tools were used to signal the alert, and offers a subscription-based service which allows traders access to privileged trading statistics and metrics not available anywhere else.
For more information or to participate in the future of trading signals visit our website: https://signaltrading.io/