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Even BIGGER Than Bitcoin
THESE Altcoins Will Make MUCH More That BTC
Good morning, everyone. It is November the 24th, 2023. It looks like Bitcoin prices are going to be breaking out and taking off as we were talking about in the last live stream. Lots to go over today.
I'm super excited because we have seen that our viewership is up over 1,000% over last week on this channel. Thank you guys for being here.
We've added brand new crypto authors to our publication. I'm looking forward to covering those things, but let's jump into the news here first and cover some of the stuff that's going on.
Singapore’s Stance on Crypto Trading
Right now, before we get into this chart, let's go over some industry highlights. Scrolling all the way down, Singapore is strengthening a stance against retail speculation in cryptocurrencies.
They're including a ban on individual investors from borrowing money to trade. I think that's probably a good idea.
You should not be borrowing money to trade. If you've done that kind of thing or if you've ever been liquidated in your trading, it's not that you are dumb or incapable. It is that you are not educated.
That's why I'm doing these videos because I needed to educate myself. The guys in Singapore, hey, DeFi is here, so people are just going to do it anyway.
Spot Traders and Altcoin Trends
Now, let's go into our sponsor for today. I'm talking more about the best spot traders over on BitGet.
Wow, there are some really good spot traders here to follow. I've been going through their profiles. You know, I'm just going to have to do this because nobody's doing the longtail distribution of altcoins the way that I'm doing it. When I'm looking at them, they're all doing short-term trading. Some of them are doing great, but none of them are looking for the trends like I do. So, I might have to end up doing this.
Whale Feeding Zone and Bitcoin Dominance
Now, let's jump into the whale feeding zone. We're starting off with the weekly chart here, but let's zoom in to change our data. The 12-hour chart hasn't changed very much at all since yesterday or the day before. The 4-hour chart is pretty much the same. It's just starting to flare now. That's what I like to see.
The 1-hour chart is starting to flare, so it's widening as prices are coming up to it. This is dilating too, to let the price go by. If it was going to bounce, the price would go outside that third standard deviation, it would stay flat, and then it would bounce off of that and come back down. So, it looks like it's going to be doing The Big Break.
But Bitcoin isn't the most important thing right now because of Bitcoin dominance. If you look at Bitcoin dominance, it just did a mean reversion signal right here.
This is a sell signal, or the market is going to reverse and go the opposite direction. If we look at Bitcoin, it did the mean reversion signal at exactly the same time, the opposite direction.
That means that altcoins are getting more dollars than Bitcoin is, even though Bitcoin is going up. They're going up faster in US dollar value. So, the more that Bitcoin dominance is dropping while Bitcoin is rising, the more that the altcoins are giving us the big profits.
Altseason Co-Pilot Insights
Let's go into some of those now. In the altseason co-pilot, we pull that up and we can see what the daily action matrix is telling us to do today. These are the coins that are passing our alert status and these are the new hold status coins.
Those are the charts that we would go and look at and verify that they're making the 1-2-3 formation and put in a very small bit of our money because we really don't know which ones are going to take off. There's too many variables.
So, we go a little bit into all of them and that longtail distribution of returns, we catch those ones that make the big, big moves.
We get those massive percentage gains.
That's where we're making the big money, and it's preparing for that in advance.
So, if I go into the altseason co-pilot, we can go see these are amazing charts.
Partial to hold status coins, these are my favorite group right here. This is money in your pocket. To grab these charts, go and check this stuff out right now.
Money-Making Opportunities and Conclusion
Now, I want to finish today's live stream by talking about some money-making. If you're wanting to learn this trading system, go over to Digital Currency Traders. Grab the free eBook. You get the 32-page eBook from the original author. I appreciate you guys. If you are wanting to give this away for free, you can sign up here and become my affiliate. Use the affiliate link and give it away for free, and I'll pay you 30% every month for anybody who joins up for the altseason co-pilot, so that they get access to that daily action matrix every day.
Now, the money-making section I want to talk about is here, over on Medium, where I've been posting for a while. I've been making some money from my posts over on Medium.
So, I take the posts and I add them here. There are some really good posts here about how to make money yourself. Here, see how he made a seven-figure a year income stream with nothing but Discord. So, you could do the same.
You could make a little bit of money, and if you follow our plan to become a millionaire and you are using this longtail distribution of returns in your altseason trading, you can become a low-risk crypto millionaire by following this plan.
This is what gets me out of bed in the morning, to teach this stuff because I think I can make a difference in people's lives.
That makes a difference in your life, it makes a difference in your kids' lives, it makes a difference in all of your friends' lives. It's a great thing when you can change your financial life around.
So, that wraps it up for this part of the stream. There's the money-making. I didn't switch scenes properly, but that wraps it up.
Bitcoin's probably going to be taking off, and many, many of the other altcoins are going to be taking off. I've got to jump into our Discord community and be working with all the guys who want to see these charts.
We've got to double-check them all.
Thanks again for tuning in, trade safe, and keep those losses small.