At Voyager, we understand that — for investors — knowledge is power. Informing your investing decisions with research can exponentially increase your chances of seeing profits, especially in the crypto market.

Crypto is a relatively new and volatile asset class, which means there’s a massive opportunity for growth. To truly take advantage of this market’s potential, crypto investors must be armed with quality research, data, and insights. That's why we're excited to partner with Crypto.IQ to offer our customers access to the most powerful suite of investing tools in this space. Founded by Bitcoin pioneer Charlie Shrem and Wall Street trading veteran Randy Oser, Crypto.IQ brings together a deep understanding of crypto and decades of trading experience, creating a potent tool for crypto speculators.

Crypto.IQ’s trading signals and advice, coin analysis, quality news and more give investors an unmatched competitive edge in the crypto market. Despite a stubborn bear market, customers who followed all Crypto.IQ Trade Room signals since its official opening in July have profited nearly 190% on individual trades.

We asked the team at CryptoIQ for a look inside their Trade Room. Keep reading for their five tips for becoming a more powerful crypto investor.

Sign up here with code "voyager" for a 30-day free trial to Crypto.IQ.

1. Understand (Crypto) Market Cycles:

Market cycles, the perennial ebb and flow between bear and bull, take several years, sometimes even decades, in legacy markets. Here in the world of crypto, entire bull runs with returns of greater than 10x can happen over the span of a single month or less on some coins. This exuberance then usually takes 10x as long to sell off and thus complete the bear market before the whole event happens all over again. A simple idea of where in the market cycle that a coin you are buying is makes an enormous difference.


2. Bitcoin runs the show:

In the current world of cryptocurrencies, you’re either Bitcoin or you’re an “altcoin.” Never lose sight of the Bitcoin chart when buying or selling any trading pair in the crypto market. There is a strong correlation between the price action in Bitcoin and nearly every single altcoin. A healthy Bitcoin is a healthy total crypto market cap. The number one way new money enters the crypto markets is by way of buying Bitcoin. This new money typically learns about the rest of the cryptocurrencies and is enticed to buy altcoins at a chance of higher returns. When Bitcoin is bearish, it is very uncommon to find an altcoin that is not also bleeding out.

This important dynamic can be tracked by way of watching the Percentage of Total Market Capitalization (Bitcoin Dominance). When Bitcoin is falling in percentage, this shows money is flowing from Bitcoin into altcoins, and higher returns can be found trading altcoins. When Bitcoin decides to buck the trend and take back the total market cap percentage, it is time to find a hedge away from the altcoin markets, whether that be Bitcoin itself or cashing out.


3. Antifragile diversification is hard to find:

The use cases for the thousands of altcoins and utility tokens in the crypto space range far and wide. Unlike traditional markets, where fringe tech stocks may be a good way to diversify a portfolio full of blue chips and bonds, the thousands of coins in the crypto world move in a general unison. Of course, not all coins are alike, and thus many coins and portfolios far outperform others. That said, a diversified crypto portfolio will not save you from a devastating drawdown when a bear market rolls around.

There is a lot to unpack when first trading crypto, from the fundamentals of the underlying technology to getting adjusted to the voracious volatility. It is easy to become overwhelmed. Focus on a few coins at once, especially when trading, even if you come across a coin promising enough to change the world. Keeping the number of coins you own low is not only recommended for more focused day traders but investors, too. The crypto space does not lack surprises and keeping up with things like coin swaps, delistings, wallet upgrades, etc. can be difficult to keep track of if you are new. Focus your fire.

4. Emotions never change:

A bull market is fueled by fear, a bear market by hope. Many make the mistake of assuming that the paradigm-shifting technology of blockchain changes this common law of markets. Yes, Bitcoin is deflationary by nature. No, this does not mean the price will rise indefinitely without corrections. When someone sees their peer getting rich in the span of weeks, the fear of missing out is the same fear they would feel in any other market. More importantly, the negative emotions one feels when their investment in a cryptocurrency (no matter how world shattering the technology) is down 50%, is the same emotions our predecessors felt during the great depression in 1929. Everyone has their breaking point.

Heightened volatility in crypto brings out intensified emotions. Trading cryptocurrencies is a true roller coaster. On top of the haphazard price action, the crypto market never sleeps, literally. It is tempting to take advantage of the 24/7 nature of the crypto markets when starting out, trading late into the night, multiple days in a row. Understand that crypto is here to stay, despite what the mass of critics has to say. There will be boundless opportunities to come and trading this disruptive market successfully requires extreme emotional stability. Take care of yourself.

5. Security and Safety

The parallels between the gold rush of the 1800s in the Wild West and the current crypto space are endless. From miners to blackhats (hackers and cowboys), the crypto space is largely untamed, and with that comes risk of all sorts. The technology itself was derived from a group of cypherpunks looking to find a cryptic alternative to the current monetary system. Cybersecurity, on all fronts, when taking part in any activity in this space is of utmost importance. The opportunity for crypto investors and traders to reap massive profits are endless but also useless if you don’t have the proper security measures in place to keep them.

Here is a short list of a few security tips for navigating the crypto markets:

  • Use multiple emails – certain services may require you to register with an email. Don't put all of your eggs in one basket by using the same email every time you register for something new.
  • Beware of bots – There are tons of imposters of prominent figures in the crypto space, especially on social media. Double check and make sure the person you are interacting with is the real person.
  • Invest in a hardware wallet – Keeping some of your crypto profits offline in “cold storage” and off of exchanges is recommended.
  • Don’t believe everything you read – There is an amount of misinformation in the crypto space is baffling. Audit everything and everyone. When something sounds too good to be true, especially in crypto, its because it is. Use common sense.

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