Bitcoin hits the $30k psychological level: is this an opportunity to invest in AltSignals?

CCNC
9 Min Read
analysts at bitfinex believe we are at the early stages of a bitcoin bull market

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The cryptocurrency market has been performing well in recent weeks. A few days ago, Bitcoin broke past the $30k psychological level for the first time this year as funds continue to flow in the crypto market.

Ether, the second-largest cryptocurrency by market cap, also hit an 11-month high over the weekend following the successful completion of the Ethereum network’s Shanghai upgrade.

The rally by the two largest cryptocurrencies over the last few weeks could attract more investors into the market. Investors could be looking for coins that could perform excellently in the medium and long term, and AltSignals could be one of the tokens to consider. 

AltSignals is a niche-focused project that services cryptocurrency traders. With the growing number of traders in the crypto space, its token and platform could be used by thousands over the coming months and years. 

Let us dive deeper and see why AltSignals could be an interesting project for investors to consider. 

Does AltSignals offer an attractive investment opportunity?

The short answer to this is that AltSignals could offer an attractive investment opportunity for investors. 

AltSignals is a platform that offers traders signals majorly for cryptocurrencies and futures. The platform also offers signals for other asset classes, including forex, CFDs, and stocks.  

The platform takes advantage of an AI stack that allows it to use machine learning, predictive modelling and natural language processing (NLP). thanks to the usage of these technologies, AltSignals boost the volume and accuracy of the signals it provides. 

The major feature of AltSignals is the ActualizeAI, a fully automated feature that has a 24/7 trading capability. The cryptocurrency market is currently worth $1.2 trillion and could grow massively over the coming years.

The growth of the market could see more traders troop in and could need the services of platforms such as AltSignals. The higher the adoption rate of AltSignals, the more the value of its token could increase. 

AltSignals seeks to make it easier for traders to trade a wide range of cryptocurrencies and other financial assets, and this is a platform many could use. 

ASI, the native token of the AltSignals platform, is currently in its pre-sale stage and is being sold for $0.012 per coin.

After the pre-sale stage, ASI would be listed on a few decentralised and centralised crypto exchanges, making it available to millions of investors worldwide. The pending utility of ASI and its potential listing on exchanges could see the token soar higher over the next few months and years. 

Will AltSignals reach $0.50 by 2025?

As stated above, ASI is still in its pre-sale stage and is being sold for $0.012 per coin. However, the crypto market could be on the cusp of entering another bull market.

If the bull market happens over the next few months, it could well stretch into 2024 and 2025. ASI could benefit from the upcoming Bull Run.

In addition to the potential bull market, AltSignals has several features it intends to roll out to its users. The launch of ActualizeAI and other features over the next few months and years could see the adoption rate of the platform increase. The higher the adoption rate, the higher the potential value of ASI.

If the market conditions align, ASI could reach the $0.50 mark by 2025, representing a notable ROI for investors.

What is dydx?

If you have been in the crypto space for a while, you must have probably heard of DYDX. This is a non-custodial decentralised cryptocurrency exchange that serves to facilitate the operation of layer 2 and allows traders, liquidity providers and partners.

Similar to other leading decentralised exchanges like Pancakeswap and Uniswap, DYDX makes it possible for users to invest in crypto projects and also trade the tokens.

Its native token, dydx, allows holders to earn profit via token staking and trading fee discounts. 

Is DYDX safe?

At the moment, DYDX is the largest decentralised exchange in the world, with a daily trading volume of nearly $1 billion. As the leading DEX, DYDX is popular amongst cryptocurrency investors and traders.

What is AltSignals?

AltSignals is a trading platform that offers signals for crypto, forex, CFD and stock assets. The team’s desire is to address some of the issues faced by financial markets traders.

With the ActualizeAI product, AltSignals seeks to provide its users with fully automated and 24/7 trading capability. The product would also help users enjoy more accurate trades, determine trade entries, and use excellent risk management strategies. 

The ASI token would grant traders access to the AltSignals platform and everything it offers. 

You can learn more about the AltSignals pre-sale by visiting their website

How does AltSignals work?

AltSignal’s major utility is providing traders with trading signals for various asset classes including forex, crypto, stocks, and CFDs. To do so, AltSignals leverages AltAlgo, a tool designed to simplify charts and indicators. 

The AltSignals team is also working on launching its ActualizeAI product. The product would be able to identify patterns in market data, giving users the edge they need to make informed trades. 

AltSignals is working on integrating predictive modelling into the ActualizeAI product to boost the signals generated. 

How will AltSignals change trading the industry?

AltSignals could have a positive impact on the overall cryptocurrency trading industry, primarily due to the ActualizeAI product. 

With ActualizeAI, AltSignals could be solving a major pain point for traders. The solution could make it easier for traders to generate signals, making the entire trading process accessible to more people. 

AltSignals could help traders determine when to enter and exit trades, take profit levels, and stop loss. These are the major pieces of information that traders need, and having access to them could attract more people to the crypto trading ecosystem. 

Is cryptocurrency a good long-term investment?

History has shown that cryptocurrency investors could yield massive profits in the long run. Investing in the right projects could see investors enjoy healthy ROI within months or years.

Bitcoin and Ether, the two largest cryptocurrencies by market cap, have delivered thousands of percentages in returns to early investors. Dogecoin and Shiba Inu, the two leading meme coins, have also given investors massive returns within a few years of their launch. 

Since the launch of Bitcoin in 2009, there has been no asset class that has outperformed cryptocurrencies. 

Are trading tokens a good long-term investment?

Trading tokens are niche-focused tokens and could be excellent long-term investment options for investors. The crypto market cap stands at around $1.2 trillion, still way below the $3 trillion recorded in November 2021.

If the bull market returns, the market cap could surge higher and more people could trade cryptocurrencies. As more traders and funds enter the crypto market, trading tokens like ASI could present excellent investment opportunities as their utility could increase. 

Is AltSignals worth buying?

By going through the AltSignals website and reading its whitepaper, it is clear that the project holds a lot of promise. If the development team sticks to the timeline and launches products such as the ActualizeAI, AltSignals could gain massive adoption amongst cryptocurrency and forex traders.

With an increase in utility, ASI could rally higher over the coming months and years. ASI’s performance could also depend on the fundamental conditions of the broader cryptocurrency market. 


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What Is Cryptocurrency? Crypto Token: Crypto Coin & Crypto Token: Know The Difference