Seeing reports of a bug in Cryptohopper for those trading with BUSD base currency. If you're having issues / not receiving signals, please contact Cryptohopper and switch to usdt or other stablecoin until this issue is fixed.
Thanks 👍

Huge crash overnight. Stablecoin traders hit very hard. Might be a tough week

Our analysis is still inconclusive as to whether this is a temporary corrective phase or the beginning of a major bear market.

Seeing bitcoin break under 50k makes me think we could be seeing the latter. If you are trading with a stablecoin, please do some research into these possibilities and consider either holding your currency or using a non-stablecoin as your quote currency.

IF the bear market is truly here, we will expect to see a BTC drop down to around $28k over the 8 to 18 months before the next bull cycle.

⁠Bitcoin dominance teeters at 50% as ETH, altcoins gain traction

The Bitcoin dominance index has collapsed by 20 percentage points since the start of 2021. ETH, BNB and more speculative altcoin bets have seen their dominance rise over the same period.

https://ct.com/9kc3

Alt season is typically a great time to use BTC as your base currency. If the market is going to be tanking, trading with a stablecoin can be tough but if alts are popping off, you can make some good profits against bitcoin 👍

What a bloodbath 😵
I hope everyone is ok and have not lost more than they could afford. Whole market down about 35%

The drop continues. Buckle in for the bear market. It would not surprise us if BTC drops down to $24k over the next 12 months.

Can still be good trading conditions if you are using BTC as your base currency. We will continue to try and provide great signals for all base currencies including stablecoins but bear in mind it is much more difficult to trade against the trend.

Elon has been tweeting again. Not convinced we have seen the bottom yet. We are watching the market closely and will keep sending signals as best we can.

Remember to manage your stop loss, don't rely on DCA.

We are in the process of getting fully registered in the UK so we can legally and responsibly offer a crypto fund to investors.

Join our private channel to keep up to date with news and give suggestions and feedback!

https://t.me/joinchat/KHHLMg9DRjynXjtNDwAvCg

The bear market continues 🐻

After checking the global statistics on Cryptohopper, Oxford Crypto is one of only three signallers to reliably send profitable signals in the past 30 days.

While our test bot is currently down around 1% since the start of the month (averaging -0.3% per signal), these results are encouraging considering the market. Especially when compared to other signallers and strategies. A quick look on the DEX Signals discord shows people sitting on -50% losses.

We apologise for losses, but take comfort in knowing that, based on the Cryptohopper global stats, your trading losses are some of the smallest. We will continue to monitor the market and try to improve our service during these difficult conditions.

Thank you for your positive reviews and ratings and ongoing support!

https://www.ft.com/content/8bc0e5e0-2705-496d-a265-acccaffaee87

If you're a UK user on Binance be aware that there is increased scrutiny on their practices.
This is also the case in other parts of the world as governments push to regulate exchanges.

Be aware of what is happening and keep an eye on how these things develop.

Official Binance statement:

https://mobile.twitter.com/binance/status/1409229415846981634

Catching the bounce with Oxford Crypto 😁

Official statement from Binance

Back in profit. Never dropped below -5% when people using some signallers are hitting -55% and worse.
These are difficult conditions but we will all pull through!

Getting back to how it should be 😜
3% in a day

If anyone is doing the MDX / ADX giveaway on Binance and needs some of the cards, let me know. I've been trading ADX with a tester strategy recently so have a lot of spares.