Bitcoin, Crypto currency, Blockchain

The top 5 performers of the week

807248e215a8430d1d8a642e7c8defb8 - The top 5 performers of the week

In view of the ongoing bear market had only a few crypto-currencies in the last few days, positive price movements. The current downward trend in the stock market and the sell-off on the crypto-market is said to be due to the advent of regulations around the world, the lower confidence of investors in several projects, such as ICOs, as well as the skepticism of the Public, which is largely triggered by FUD.

In the past week, this crypto could currencies, however, there has been a positive price development: Bitcoin, SV, NEM, Tron, Binance Coin, Bitcoin. Most of the other crypto-double-digit losses currencies plugging and reduced to a market volume of several billion euros.

1. BITCOIN SV (BSV)

Bitcoin SV is a, by the recent Bitcoin Cash Hardfork, emerging crypto-currency. The primary objective of the project is to realize the probable Vision of the Bitcoin developer Satoshi Nakamoto, by the functions of the original Bitcoin-made Protocol, and unlimited blocks. On 7. December outdated Bitcoin SV Bitcoin Cash in terms of market capitalization, which was due to the excellent Performance, even if these courses can only hold for a brief Moment.

2. NEM (XEM)

NEM is a Peer-to-Peer crypto – currency and Blockchain platform, the on 31. March 2015 was launched. Written In Java, with a C++Version in work, develop NEM, the goal of a comprehensive distribution model. NEM has introduced new features for the Blockchain technology, such as, for example, the Proof-of-Importance (POI) algorithm, multi-signature Accounts, encrypted Messaging, and a self-trust++ reputation system.

3. TRON (TRX)

Tron is a company that is based on blockchain-based decentralized Content protocols. The Tron Protocol is one of the world’s largest operating systems for decentralized blockchain-based applications.

4. BINANCE COIN (BNB)

Binance Coin (NBB) is an Ethereum-based (ERC20) crypto-currency that you can use on Binance, in order to save money on transaction fees. Currently, the NBB serves as a Utility Token that allows its owners to pay lower trading fees on Binance, if you hold BNB on Binance. Binance but has to pay greater ambitions for the Coin, which should allow for the Margin interest with the BNB, as soon as the margin trading begins.

5. BITCOIN (BTC)

Bitcoin is a crypto currency, a Form of electronic money. More specifically, a decentralised digital currency that allows users to transactions in a Peer-to-Peer Bitcoin network, without a Central instance such as a Central Bank, the trust said. Bitcoin is currently almost every week a new all-time low.

Conclusion:

Many of these crypto-currencies, you can observe every day, enormous price fluctuations. How is it already the crypto-markets, one can conclude from short-term price movements on long-term price trends or predictions. There are a variety of factors that affect the price volatility in the crypto market. The majority of crypto investors to track the HODL strategy, whereby they believe in the long-term potential of the market and thus their Kryptos to the bitter end to keep, in anticipation of a continuous price increase.

On the other hand, there are many day traders and swing traders who want to move from daily speculative market events a quick profit. These strategies implement to a lot more difficult than the HODL strategy, because the Trader does not need to consider things like current events, regulations and more, to learn a total loss. Therefore, one should be always aware of what market conditions one has to do it.

The graphics come from CoinMarketCap

Disclaimer: Because of the buying and trading crypto-currencies with a significant risk of loss goes hand in hand, we speak of crypto Ticker not a recommendation to buy from. Please inform yourself thoroughly, comprehensively and, above all, independently from various sources that you trust before the acquisition of a crypto-currency.

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