Month of work 17.11.17-17.12.17. Results. Prospects

Month of work 17.11.17-17.12.17. Results. Prospects

Viktor Manin

The general state of the market and its capitalization

The market of crypto-currency and blockchain technology is growing in broad strides. Since November, the price of the most powerful crypto-active has almost tripled. Also, there are many projects starts their work at solving problems both in the bitcoin network itself and in the community as a whole. During this period, we saw many forks and will see even more. The main rival so far is Bitcoin Cash with support from China and large investors.

At the moment, the market capitalization is $ 595,457,991,901

Bitcoin still remains the basic currency of the overall market capitalization.

The main players on the market

To date, the site coinmarketcap.com gives such a picture of market leaders

Suddenly, there appeared the coin Cardano, but the most important thing in this market is to keep their positions. It should be understood that the number of liquid currencies that are traded on exchanges does not exceed 100 names. Nevertheless, when choosing our trading portfolio, our traders relied on the most active, which in addition have sufficient volumes to maintain liquidity, namely:

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Bitcrystals (BCY)
  • Ripple (XRP)
  • Wings (WINGS)
  • Kickcoin (KICK)
  • Zcash (ZEC)
  • Neo (NEO)
  • Ethereum Classic (ETC)
  • Monero (XMR)
  • Litecoin (LTC)

Final results of work

Since we have a team of traders who have different approaches to trading and to the market, we can single out such a profitability for their work:

Trader 1 - 94%

Trader 2 - 137%

Trader 3 - 51%

Trader 4 - 20%

Trader 5 - 5%

Trader 6 - 23%

We can also highlight some trades:

XRP / USDT:

08.18.2017 enter point 0.155

13.12.17 exit point 0.43

14.12.17 exit point 0.76

ETC / USDT:

12.12.2017 enter point 28.51999990

12/16/17 exit point 36.20549640

LTC / USDT:

12/08/2017 enter point 127.69999999

12/09/17 exit point 150.84873251

ZEC / USDT:

12/05/2017 enter point 316.21000034

12/06/17 exit point 337.50000000

12/09/2012 enter point 312.60000524

12.12.17 exit point 329.22599562

Average yield of the portfolio is 43%

During this time, presentations were held in such cities as Ternopil, Lviv, Kiev. The audience showed a high interest in development in this industry and in cooperation with our team, which offers not only to increase the number of its bitcoins, but also to gain experience and knowledge from an absolute zero to reach an adequate income.

Prospects

The existing conditions on the market and the integration of blockchain into various spheres of the economy will contribute to the further development of crypto-technologies. In turn, we have a great opportunity to observe and participate in this movement. But we need to understand that each direction requires deep analytical work for the effectiveness of investing.

Connecting large investment funds, trading futures and scaling the industry adds confidence in the correctness of the chosen development vector for the BitTrade team.