AltSignals became one of the most trusted crypto trading signals providers in the market. This is according to a recent report released by Safetrading in which they shared the accuracy of the signals provided by several crypto signals groups.
Crypto trading signals groups have been expanding in the market as the cryptocurrency space grew over the last few years. Nevertheless, there are just a few services that are really trustworthy and that are offering clients quality trading signals in both bear and bull markets. One of them is AltSignals.
Why Should You Trust AltSignals?
AltSignals Trade Calls is a cryptocurrency signals provider that has been operating since late 2017 offering services to traders in the cryptocurrency market.
The project has been initiated and promoted by an established team of web entrepreneurs and trading analysts in the cryptocurrency market.
The team is currently running a Telegram Channel in which they provide technical and fundamental analysis related to cryptocurrencies and trading. Clients also receive help on how to better place trades and get profit.
AltSignals is currently working with two large cryptocurrency exchanges in the market, Binance and BitMex. These two platforms have large liquidity, are being used by hundreds of thousands of users and are available in different jurisdictions all around the world.
Considering AltSignals started operating at the end of 2017, the bull market for Bitcoin (BTC) and other cryptocurrencies was already ended.
This is why they were able to prove themselves profitable even during a year-long bear market that started in early 2018 and lasted until the first months of 2019.
While most of the trading signals providers could turn profitable during bull markets, just a few of them are able to offer clients profitable trades in a moment in which the market is falling.
The Safetrading platform considers Altsignals Trade Calls a trusted trader in the trading signals market.
One of the main reasons is related to the fact that AltSignals releases monthly trade reports since September 2018 with all the results they had and that they experienced. They show information about their Binance and Bitmex VVIP Channels and provide clear data regarding each trade performed.
For example, in October they had a success rate of 81.5% with a total profit of 245% for users following all the trading signals.
Reliability and Trustworthiness
The services provided by AltSignals do not offer just trading signals for the largest cryptocurrencies but they are also providing trading signals for several altcoins including Binance Coin (BNB), Loom Network (LOOM), Raven Coin (RVN), Zcash (ZEC), Insolar (INS) and Tael (WABI), among others.
This is one of the most important things to take into account at the time of deciding which crypto trading signals service to join.
If the platform doesn’t provide informational reports about their performance each month or quarter it is highly possible they are not having good results to show and share with the community.
Safetrading explains that not all the crypto channels offering trading signals are audited considering some of them don’t pass the initial inspection and get immediately rejected.
Being among the top 5 crypto trading signals trusted traders is already a milestone, and AltSignals Trade Calls is in the first position.
It is also worth mentioning that each of the trades will take different periods of time to be closed. Some of the signals will be giving information for short-term trades, mid-term trades and long-term trades. Some of these trades can take several weeks to be closed.
We wrote an article at AltSignals in which we describe how Bitcoin day trading works and how traders can profit from it. At the same time, we have also released an article related to Swing Trading and how it differs from Day Trading.
AltSignals provides not only information about cryptocurrencies but also it performs a thorough technical analysis related to the current tendencies of the whole cryptocurrency market.
This allows users to have a better idea about the whole sentiment in the market and which are the main trends in which it is possible to trade.
It is usually recommended to keep investments under 5% of the portfolio volume so losses can be reduced. The golden rule is not to invest what an investor is not able to lose. That being said, users are responsible for their decisions and how they follow the trading signals.
Users can experience Forex, BitMex or Binance trading signals for just £99 monthly or a lifetime subscription for £999.
AltSignals is one of the most trustworthy crypto trading signals providers in the market and recognized by specialized sites in the space.
The company is currently offering solutions to expert and novice cryptocurrency traders that want to improve their trading strategies in some of the largest cryptocurrency exchanges such as Binance or Bitmex.
Individuals can also see the results experienced by AltSignals on their official site since September 2018.