AltSignals Releases Its January Report With Massive Gains For Traders

AltSignals, the most recognized and respected crypto trading signals provider in the market, has released its trading reports for January 2020. Bitcoin (BTC) and cryptocurrencies have been in a bull market in January and the whole ecosystem is very excited about the future of the space. With AltSignals it can be a great opportunity for crypto traders to improve their trading strategies and change the way in which they have exposure to the crypto market.

AltSignals BitMex Report January

BitMex users registered a very good month with massive total profits equal to 6.777% in the whole month. During the 31 days of this month, the success rate was 85% meaning that 8,5 trades over 10 were profitable for investors. The best trading pair of the period was XBT providing two trades of very high profits: 2.337% in early January and 938% at the end of the month, close to the 24th January. The third most profitable trade was experienced by Ethereum (ETH) with a leverage of 50 and a profit of 469%, the same profit as a Litecoin (LTC) long with 33 of leverage. The Bitcoin trades were performed with a 100 leverage, both times. In general, trades with a long time spawn tend to provide better results for traders. This is worth taking into consideration. Additionally, considering that BitMex works with margin trading, it is always important to have very tight stop-loss orders opened to reduce the risks of getting liquidated.

AltSignals Binance Report January

Binance has also been a profitable month for trades in the market that are now following AltSignals crypto trading signals. Indeed, users experienced a total profit of 55% with just a success rate of 38.1%. In general, it is not common for AltSignals to have such a low success rate. The best trading pairs this month were HC/BTC, LINK/BTC and ENJ/BTC with a profit of 29.7%, 23.7% and 19.9% respectively. Each of them was closed in just a few hours. The worse trading pairs were DATA/BTC, FET/BTC and OGN/BTC that offered negative returns of 11.5%, 11% and 6.8% respectively. Binance is a crypto exchange that offers users the possibility to trade with a wide range of virtual currencies. At the same time, they are also offering a wide range of alternative investments.

AltSignals Forex Report January

The results were also very good for traditional forex traders. AltSignals provided 68% winning trades in a wide range of currencies from all over the world. This is specifically positive for traders that do not have exposure to the crypto market or that trade with diversified strategies. There were 13 positive trades and only 6 trades that ended up with negative results. The best trading pairs of the month were CHF/JPY with 133 pips, EUR/GBP with 111 pips and CAD/JPY with 106 pips. The same as in the crypto market, long trades tend to be much more profitable than short-term trades opened. It is worth taking into account that the FX market is less volatile than the crypto world. Indeed, a trade may take several days before it gets completely closed to some hours that can take in the virtual currency market.

The Importance Of Having Transparent Reporting

AltSignals cares about the way in which users receive information about their business. This is why they have decided to provide monthly reports about their operations and how profitable they are while offering users trading signals in different crypto markets. While other competitors are currently promoting trading signals for users, they do not fully disclose the trades they shared with users and how they behaved in the market. This is why it is important to always trust companies such as AltSignals that have been for a long time in the market and knows how to provide services to its clients.

Conclusion

In this article, we shared with you the results provided by AltSignals for the month of January. We see that they had a very good month for traders that followed trading signals, but specifically for users that trade with BitMex.

Trade Like a King With AltSignals

Are you a novice trader and you’d like to improve your trading skills? Are you a trading expert and you want to confirm your moves are accurate?AltSignals is the right tool for you. With AltSignals you will receive one of the most accurate trading signals in the market. Check it out and don’t miss a trade anymore.Disclaimer: The information presented by AltSignals and its writers is for informational purposes only. It should not be considered legal or financial advice. AltSignals and its writers are not financial advisers. You should consult with a financial professional to determine what may be best for your individual needs.AltSignals and its writers do not make any guarantees or other promises as to any results that may be obtained from using their content. No one should make any investment decision without first consulting his or her own financial advisor and conducting his or her own research and due diligence.Please always invest within your means and do so responsibly.

Proficient authors guiding you with transparency, integrity and education through the finance international markets

The AltSignals writing team consists of experts dedicated to the world of finance and technology, with a particular focus on cryptocurrencies and forex. Our writers bring a broad range of knowledge and experience, cultivated through years of arduous and direct involvement in financial markets, as well as intense technological collaboration.

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At AltSignals, we believe that transparency and education are the key to empowering our readers. Therefore, our content is meticulously researched to ensure its accuracy and thoroughness. Each of our articles is created with the aim of providing educational insights and in-depth analysis, helping both beginners and experienced traders.

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Integrity is certainly the foundation of our editorial process. The team follows rigorous journalistic standards with careful review, all to ensure that each publication is meticulously researched and exceeds our readers’ expectations.

Our mission is to provide analysis that informs as well as guides users and enthusiasts through the complexities of the cryptocurrency and forex markets. In line with our motto of “quality over quantity”, we guarantee that only the highest quality trading signals are published.

In addition to our commitment, which extends beyond the simple transmission of useful information, our in-depth analysis focuses on profitability and effectiveness squarely, avoiding the common industry habit of prioritizing profit over accuracy. Our traders are strategic experts who offer personalized help to those seeking worthwhile portfolio management tactics.

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Our authors are proficient in a variety of topics across the financial spectrum, from emerging trends in blockchain to the nuances of forex trading. This diverse range of knowledge allows the team to cover several topics, ensuring our content is always comprehensive and deeply specialized.

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We understand that the world of trading can be complex for many. Therefore, alongside producing informative articles, our team is also committed to interacting with the community. Through comment sections, forums and direct support, we encourage our readers to seek clarification and sharpen their understanding, promoting an environment of continuous learning.

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Looking to the future, the AltSignals writing team is imbued with a vision that transcends regular publishing, and continues to dedicate itself to discovering and reporting on the latest innovations and trends available in the market. We are constantly seeking to improve our skills and expand our knowledge, with the ultimate goal of being a reliable and respected source in digital financial journalism.

There is great commitment to discovering and reporting not only the latest news and trends in the market, but also to equipping our readers with the tools they need to navigate volatile markets with confidence. We firmly believe that, with the support of an appropriate platform coupled with accurate guidance, our readers and traders can turn market volatility into a competitive advantage.

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