THE NAIVE TRADER

This project is delivered with a strong and fairly controversial leader in Justin Sun. In my opinion much of this progress is based on hype and community engagement. I feel this just because Mr Sun paid many millions just to have lunch with Warren Buffet and when he delayed this due to illness the currency's value dropped fairly heavily. I highlight this because a project with strong foundations shouldn't be so strongly negativity affected by a lunch meeting that was delayed due to illness. Yet there are positives, such as the Mainnet taking place on the 10th August this year which will continue to raise the price, but we have seen recently that coins gaining momentum in the run up to the main net have dumped just before as whales see the hype and not the actual project as something with intrinsic value. Currently, looking at TRXBTC its in a slight predicament like many altcoins, looking at the chart on the weekly I see S1 as a important level. If this is broken there is ba...

As I got some free time and think its a cool project I thought I would give my opinion on CZ's Binance coin and exchange. Binance as an exchange has taken the crypto currency world by storm in all honestly, since launching in 2017 its hit new heights and currently sits in the top ten exchanges for 24 hour volume. While seeing the number of coins and tokens exchangeable go from 5 to 75+ within the same time period. They have listed their own token, the Binance coin which offers the option to obtain a share as such of the company. I felt the need to highlight this coin as its something I am holding and looking to acquire more as time goes on. It has already risen 6 fold in value since January and while it has dipped as Bitcoin obtains further market dominance it hasn't fallen to pieces, and continued to release more Initial Coin Offering to keep volume and interest high in the exchange and coin. They also focus on the importance of coin burning throughout the first 2 years...