New trading bot CryptoPing ICO launch started on May 25, 2017 at 00:00 UTC

Traditionally, altcoin traders have to go to great lengths to be able to spot opportunities they can take advantage of, as there’s a lot of raw data out there that needs to be sifted through. Due to the unregulated nature of cryptocurrency markets, pump and dump schemes are natural, and can represent profitable opportunities.

In order to spot these opportunities, traders have a wide variety of ways to gather data: either from the exchanges themselves, from news websites such as CryptoCoinsNews, and even from online forums and chat rooms.

According to a recent study conducted by researchers from two Korean universities, forum comments can help predict bitcoin’s price with an accuracy of over 80 percent. The study, among other things, counted on a neural network to help predict bitcoin’s price – something out of traders’ reach. That being said, information available online will only be helpful to those who know how to use it.

There are even private communities that ask for fees in exchange for signals and trading tips. These, most of the time, are merely trying to get members’ fees and don’t really provide information that could not be found somewhere else.
Experts’ analysis

By now, savvy readers already though about experts’ predictions one can find in various news outlets. These are a very popular option that can sometimes be on point, although most of these predictions focus on top currencies and for the most part ignore smaller, lesser known cryptocurrencies.

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Moreover, constantly keeping up with experts’ predictions can be inconvenient, as life has a lot of twists and turns that can keep us from being able to access this type of information when it’s still relevant.
Altcoin Intelligence Bot

A way for traders not to spend countless hours going through tons of data available online and looking at experts’ analysis is to let a bot that constantly monitors altcoin markets send them signals that can be used to make a profit.

CryptoPing, for example, keeps track of market anomalies and provides users with real-time intel through Telegram when one could signal an impending pump and dump scheme.
The project has been in public beta-testing phase since March 2017 and has already attracted more than 6000 active users, 5000 of which followed CryptoPing a week after bot launch announcement. The project’s roadmap promises fast and efficient development.
The assistant has been developed by experienced investors who want to create a community in which everyone wins. In time, the real-time intel provided by CryptoPing will be integrated into a social trading app that will allow novice traders to learn from those who know exactly what to do with the provided signals.

Before CryptoPing’s ICO, the bot if free to use! To use CryptoPing traders just need to download the Telegram app, add @CryptoPingBot, sign up through their website, and then send the bot a unique verification token.

The ICO will begin on May 25 and end one month later. After its ICO, access to the bot will be based on a subscription model that can be paid for using bitcoin, ethereum, or PING tokens. There is also a referral system in place, in which users can get a bonus ranging from 15% to 3% of the value of referral purchases after the ICO.

https://cryptoping.tech/?i=8481