CoinFi Trading Signals can help you to trade this crypto bear market 😱

Previously, I wrote CoinFi Blockchain Market Intelligence and CoinFi Trading Signals to give you a sense of how CoinFi combines blockchain market intelligence and trading signals. Now let’s see how CoinFi trading signals can help you to trade this crypto bear market.

Note: CoinFi trading signals work in both bull & bear market

As evidenced by the backtested results shown above, the signals also works in a bear market. Unlike other technical indicators (ie RSI, MACD), CoinFi Trading Signals are the ones that other traders simply don’t have. This is your trading edge. The best thing about this signal is that you can combine it with your own analysis, whether it’s fundamental analysis or technical analysis.

Specifically, CoinFi Blog gave a case study showing the signals detected abnormal transactions and predicted the crash a few hours before the price dump — Oct 10 9:22pm HKT.

In the crypto world, HODL is “perceived” to be best advice. Is it true? This might be true in some scenarios (ie long term investors who don’t have investment skills/egde, so it might be better off for them to pick a strong investment position and stick with it).

In reality, in the investment industry, the top hedge fund managers or asset managers are flexible. They adapt to the market conditions. (Simply google it up and you will get what I mean). So what can you do with the bearish signals?

For short term traders / day traders

• short the market
• exit your bullish positions
• leverage up your positions to amplify your returns (note: using leverage is a double-edged sword, if used properly like hedge funds, traders can amplify their investment returns)

For long term investors / HODLers

• (temporarily) exit the positions and get back in a better price
• (in the future when more investment instruments is available) hedge your positions with options/futures contracts. LedgerX has already started to provide options contracts for institutional markets

Bear in mind that no signal works 100% of the time. This signal alone may not be enough to convince you of the directional investment decision. Combining it with other signals, together, all your signals may provide you with a very strong directional investment decision.

How do I get these signals?

The effect of trading signals tends to diminish with more traders using it. The signups is capped at 2,000. Stake 25k COFI (~300 USD) and get access to the trading signals.

Reserve your spot 😱

Learn more about CoinFi Trading Signals backed by data science and blockchain data

CoinFi Blockchain Market Intelligence

CoinFi Blockchain Data

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