Weekly Update #3

(Nov. 12, 2018 — Nov. 19, 2018)

Coinplan is an automated cryptocurrency wealth management platform where retail investors can invest in diversified portfolios of cryptocurrencies that are automatically rebalance and managed to avoid losses in the volatile cryptocurrency market. Our weekly updates give our growing community a quick progress report with announcements, features and insights from our team. To continue the conversation, shoot me an email at chris@coinplan.io or chat with us at www.coinplan.io.

Announcements

1. Everything works! That’s right — the Coinplan Invest platform is up and running. What does that mean? It means one-click portfolio investing is working on our 4 live portfolios. We’re fixing all the little details to make the user experience seamless right now before we go live.
2. The crypto market caught the flu and took a dive recently. We wrote an article explaining what we’re working on at Coinplan to protect investors: Coinplan Smart Stop-Loss
3. We’re still conducting user interviews to better understand what makes you excited about crypto, our automated crypto investing, and what frustrates you about the current landscape of crypto investing. For a quick 10 minute chat with us, we’ll add another $10 to your account. Fill out this form and we’ll reach out soon.

Insights

Our thoughts from this week in crypto.

• CRYPTO TAKES A DIVE. If you haven’t heard yet, the cryptocurrency market broke the floor of $6,000 and dove all the way down to $4,300. This is a 31% decrease in the price of bitcoin in one week. Is the Bitcoin Cash hard-fork to blame?
• Last week we discussed the upcoming Bitcoin Cash hard-fork. After the fork, the drama intensified. The two coins, Bitcoin Cash ABC and Bitcoin Cash SV have been battling for hash power to see which side will prevail. With two major crypto figures on either side of the fence — Roger Ver for BCHABC and Craig Wright for BCHSV — there seems to big egos at stake here. Here is a story with a big more on the drama: STORY
• The BAKKT crypto exchange from I.C.E. (Owners of the New York Stock Exchange: NYSE) have postponed the long awaited institutional quality cryptocurrency exchange to 2019. More HERE

Thanks for reading and we’ll have another update on our progress next week! As always, shoot me an email at chris@coinplan.io for more information about the future of automated crypto investing.