Trader’s Journal #1

News
28/02/2019
This month was incredibly interesting for the main players on the crypto market. BTC has fallen down and BNB coin seems to become its competitor. Both Ethereum and EOS peaked again. Experts called EOS “the king of dApps”, while Vitalik Buterin says that it is a “garbage” coin.

Trend Coins

Bitcoin

On Wednesday, February 6, the average market price of Bitcoin dropped down to the price of $ 3405, it was close to the 2019 minimum of $ 3400, which was set on January 29. According to NewsBTC analyst Ayash Jindal, in the near future the cost of cryptocurrency could fall to $ 3,350 and $ 3,320.

Few days ago, Finder Company made a survey among financial analysts. Most of them are very confident that BTC will rise in price to $ 7,000 by the end of 2019, and the head of Digital Capital Ben Richie said that by December the cost of the first cryptocurrency will exceed $ 9,500.

The price of BTC is around $3 632,51.

Ethereum

On the morning of February 14, the average market price of Ethereum overcame the mark of $ 124, but failed to gain a foothold and decreased. Now cryptocurrency is trading at $ 122, as well as days earlier. The coin remains in second place in the list of the largest blockchain projects on capitalization.

According to NewsBTC analyst Ayash Jindal, Buterin’s crypto coin is going to be traded between support levels of $ 120 and $ 118, in the near future it should not fall below. If this happens, the fall will slow down to $ 115, the expert warned. According to him, for further growth, Ethereum must overcome the resistance zone of $ 125, in which case the price may rise to $ 128 and $ 130 in a short period of time.

EOS

On Wednesday, February 13, the EOS average market price increased by 7.4%, it peaked to a maximum of 2019 at $ 2.98.

Last week, analysts at the rating agency Weiss Ratings reported that only three decentralized applications (dApps) out of 50 work on the Ethereum blockchain. Of the remaining 47, 26 are based on the EOS blockchain, and 21 use the Tron system. Experts called EOS “the king of dApps”.

Early in February, Vitaly Buterin spoke at the Blockchain Connect cryptocurrency conference. He called competing projects, such as EOS, NEO and Tron as a “a centralized pile of garbage.” EOS is at the mark of EOS $2,83, which is also not so bad.

Binance Coin

The Binance Coin or BNB is token from Binance, the largest cryptocurrency exchange in terms of trading volumes. It has set a new historical maximum.

Last week, the price of cryptocurrency increased by 35%, while Bitcoin rose only 5% to $ 3,632. The capitalization of the token of the large exchange has increased to $ 1.36 billion; it has risen to tenth place in the list of the largest in terms of digital money. At the moment Binance Coin is traded on the price of $8,97.

Exchanges

9% of world cryptocurrency exchanges received 8+ out of 10 security points

100 cryptocurrency exchanges rated by server security, user security, quality of service (Crowdsourced Security) and historical indicators (Historical)
A total of 9 cryptocurrency exchanges received a score above 8 points out of 10 possible
Leaders: Kraken (9.06), Coinbase Pro (8.74), Binance (8.50) and Bitmex (8.50)
Popular crypto exchanges Bithumb, Coincheck and Zaif, which were hacked by hackers, received less than 5 out of 10 points.
Only 16% of the largest cryptocurrency exchanges got the high grade on the security assessment

The security level of 135 cryptocurrency exchanges was being estimated. Only 16% got a high rating (A). None of the cryptocurrency exchanges got the highest score (A +). Top 3 safest crypto exchanges: Kraken (USA), Cobinhood (Cayman Islands), Poloniex (USA). Only 22% of exchanges met all 4 criteria: user security, domain security, web security, and protection against DoS attacks. On average, each exchange is protected from 6 types of cyber attacks (out of 10): in the worst case, the exchanges were protected from 4 types of cyber attacks, the best one (Kraken) — from 9 types of cyberattacks. 74% of crypto exchanges are able to protect against DoS-attacks.

ICOs

In 2019, ICO-projects have already attracted $ 160 million

In the first half of January, approximately $ 160 million were collected within ICOs. The total investment in January amounted to almost 33% of the funds raised in December 2017. The maximum aggregate amount of investments requested for ICO is more than $ 4 billion. Canada is the leader among the countries of the world in terms of funds raised by ICO in January. The USA is the leader in the number of ICO projects.

Erc-20 tokens of ICO projects lost 54% of the cost

The organizers of ICO at Ethereum have left $ 24.2 billion to cover the operating costs and developer fees. 54% of the initial amount collected in the course of ICO projects ($ 24 billion) were lost due to the fall of the tokens value (to $ 5 billion).

Prices of main crypto coins:

Bitcoin $3 632,51
Ripple $0,301290
Ethereum $127,95
Stellar $0,078217
Bitcoin Cash $122,36
EOS $2,83
Litecoin $43,39

Investy Platform Traders’ Stats

The highest rate of profit — ~ 40%
Week Trading Pair — Ether to USDT
Week Exchange — Binance
64% of trades were closed with Take Profit
17% of trades were closed with Stop Loss
Other trades were closed by users themselves
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