The markets have been tough with us – Altcoins are falling and falling. Does it even still make sense to trade them? We think yes in multiple ways and one of our recommended Crypto Signal Providers has a proven track record to pick the very few gainers in this red days. No shorting, no leverage trading, just solid classic altcoin gains like back in the days. I am speaking of Infocrypto, one of the most undervalued services around, maybe they are just too cheap to be taken serious – sad, but this is how we tick sometimes. Members of their premium channel had been warned about the massive incoming drop last night a few days before and – again – their analysis has been spot on. Let’s have word with them and get a clue about their magic! And maybe we are lucky and Lalo from Infocrypto shares his long-term gems with us!
Smartoptions.io: You managed it to make some serious profits – even in this bear market. How do you manage it to select the coins/tokens which are not a falling knife? What is the secret behind infocrypto?
InfoCrypto: Yes that is true, we had a good accuracy on the coins that had already made their bottom in 2016-2017, however in most of the new coins (on Binance), they didn’t make the bottom yet, we analyzed some supports that we considered that could hold but they failed, so we decided to follow the trend and let it flow, when they showed some reversal patterns, we got back in the game.
The secret of infocrypto is very simple, we live and depend exclusively on this market. All our strength, commitment, and dedication are focused on the Crypto Market.
Smartoptions.io: You guys present definitely the most frequent updates on Bitcoin and it is most often spot on. How do you profit on your Bitcoin analysis? By scaling in and out or more leveraged trades on Bitmex?
InfoCrypto: We are always on the lookout for Bitcoin’s intraday movements, this helps us to identify the best moment to send signals in the altcoins too because as everyone is tired of knowing it, they depend a lot on Bitcoin.
In terms of our own trades, we like to diversify our strategies, we have seen that in the long run, it is the best option, so we apply a part in altcoins, another part doing leveraged trades (low leverage) in Bitmex, and also accumulating more BTC trying to sell tops and repurchasing funds in the SPOT market. Our main goal is to accumulate more and more BTC.
Smartoptions.io: What is the most important thing you want your subscribers to know? Is there anything that makes you go nuts reading in your chat room?
InfoCrypto: The most important thing to know is that there is no easy money, even with all our help and direction, you need to be aware of the market, and know at least the basics of technical analysis in order to make safer decisions based on our analysis. The market for crypto-coins changes very quickly, good or bad news can change the whole scenario.
I think every analyst does not like to be pressured by their customers to have calls on days when the market is not giving us the confidence to operate. They have to understand that a few well-executed trades are better than sending out signals that are risky and can bring them loss, just to please them.
Patience and consistency always pay off
Smartoptions.io: Tell us a bit about your personal history as a trader. How did you come to trading and especially to crypto, assuming you started with fx first.
InfoCrypto: I started trading Forex as an investor in 2004 trusting a group of trades, and I ended up losing a lot of money, finding out later that it was a financial pyramid, I lost all my investment. So in 2006, I started to study technical analysis and to operate in the market in the free hours. In 2011 I heard about bitcoin, but it was very superficial, but in 2013 I actually get to know bitcoin and it was when I woke up and saw this new and fantastic world.
Smartoptions.io: Can you tell us about your personal views on the crypto ecosystem? What do you think about “the bubble”, how will crypto evolve and what is the missing link for mass adaption and the crypto takeover in your opinion.
InfoCrypto: The crypto ecosystem is the future. I’ve been saying this for 5 years now: “If your business is not on the internet and it’s not on the mobile, it’s bankrupt in the near future”. Today we can add in the phrase bitcoin, cryptocurrencies, and blockchain. This is the fourth industrial revolution, we will get along very well.
The bubble is a pessimistic thought that follows in the human mind for many years, mainly connected to the financial market. In discovering the new of the revolutionary we seek to compare with the past, and we try to project a future that will not exist.
Everything in life is constantly changing, nothing is permanent, the global financial system is paralyzed without changes, centralized, closed and without technology. Cyberpunk movements are increasing, the old system will not survive, the new generations are waking up, coming out of the box, out of the matrix, we want freedom, we want blockchain and crypto.
Smartoptions.io: Last but not least, what are your personal gems – do hold any cryptos for the long-term with no intention to sell them in the short-term?
InfoCrypto: We have some long-term coins that we like and see big potential for the long run, besides Bitcoin that represents 50% of our long term holdings, we like BNB, ENJ, ICX, NEO, DCR, XZT and also a Brazilian project called Lunes (LNS) that we are very close to their team and follow up their evolution very close.
But is good to remember that this is OUR opinion, never make any investment before doing your own research.
Smartoptions.io: Thank you so much for taking the time to answer our questions!