The Right Insight
Hi Coindashers!
Our fourth newsletter is finally here, we will focus on an incredible social trading feature we all need. But first, make sure you vote for us in ether camp's hackathon here!
Signal-Trading
For us core crypt-traders, getting tips and insights on the market is our bread and batter. We live the crypto world for years now and know all the big names, but to make our decisions better we ask around other traders we know and “trust” to get a better feel.
How many times a fellow trader asked you if he should get into that hot new ICO? Or should he buy/sell ethereum because the price is just right?
We all rely on opinions from other traders to decide what to invest in and when to sell. The problem is that, currently, this is very limited to a bunch of friends we know and “trust”. We can’t really tell who is a good trader, even amongst our close friends yet alone people we don’t know.
The opportunity we miss because we don’t have a way to reach other traders, know how good they perform and learn from them is simply staggering. The amount of trading knowledge out there in the crypto community is vast and can really help us as traders to make better decisions.
With CoinDash’s Signal-Trading feature you will get trading tips and insights pushed right into your feed from traders you follow (even to your phone). The way we do it is to analyze live trading moves, learn what they mean and prompt the derived insights and tips:
“John just made a big buy move on ethereum”,
“Nick just participated in Golem’s ICO with a big amount.”
“Eli sold most of his REPs”
“80% of CoinDash’s users now hold 40% of their portfolio in BTC”
For the first time you get incredibly helpful data which was verified and authenticated to be true. No more hearing other traders exaggerate on their profits or not telling about their losses.
Hope to see you again next week when we unveil another cool feature!