BEST coins! Criptocurrency Star Growth Index NEUTRAL 2018/1/17

SUMMARY

All Major coins have dropped a lot.

It’s very irregular.

I surveyed this so updating this article was late.

As a result of the survey, I sold all cryptocurrencies, closing all my position of cryptocurrency.

The reason is I smelled collapse of the bubble, possibly.

But at the same time, I thought the market may be bounced back again, just after my selling.

In addition, I put “Sell” position utilizing 50 times leverage.

It was a very busy day.

 

So far, at the midnight of Jan 18th, the market is still falling down. So, my selling may be correct.

I will further describe my view at the bottom of this article.

 

CSG INDEX Summary

Date	CSG index
2018/1/17	10.72%
Japan Time	9:00
Delta	-3.4%
Flag	NEUTRAL

Note: Delta is a today’s index minus yesterday’s index. Time measured is listed in Japan Time but fluctuated when measured.

*CSG (Cryptocurrency Star Growth)

 

Sponsored Link

 

What is irregular this morning is small coin list contains three negative(-) % changed coins.

 

 

Continuous Up trend coin for BEST BUY

N/A

Note: If up trends continue more than three days, BOOST mark is applied. ‘ – BOOST!’

 

 

CSG INDEX HISTORY

2018/1/3	22%
2018/1/4	60%
2018/1/5	54%
2018/1/6	68%
2018/1/7	71%
2018/1/8	32%
2018/1/9	41%
2018/1/11	25%
2018/1/12	24%
2018/1/13	26%
2018/1/14	56%
2018/1/15	17%
2018/1/16	14%
2018/1/17	11%

CSG COIN MARKET

Coin	% Changed
NEBL	27.02%
ARN	21.41%
QSP	19.66%
BQX	18.43%
DGD	11.02%
ZRX	9.72%
XZC	2.25%
LINK	-0.23%
PPT	-1.28%
WTC	-0.76%

This is irregular!

Three small coins at the bottom of this list are negative.
I feel the market is so irregular.

People are withdrawing money, not from major coins but also small coins as well.

This is reason what I need to act today.

 

My position:

No	Coin Name	POSITION	PRICE	Amount (BTC)	Amount (Coin)
1	ENG	BUY	0.00013000 Sell: Price 0.00034310 Profit: 164%	0.5	3834

*Current is not AM9:00.  It’s a time when this blog is written.

 

I close all my cryptocurrency position.

Since I need to sell 17cryptocurrencyies in three exchanges, it took about 45 minutes to sell.  Too late.  I could be quicker.

I also sold ENG, but I’ve got 164% profit in this weakest market.

By checking the BTC chart, 7:23  AM had a biggest drip. This time is just people start to trade in train in Japan.

This is very similar to have an explosion in the blog review.  I am a blogger to follow trend news, so I can imagine.

I thought, through blog experience, next big drop may be from 12:30 Japan time, therefore, I’ve sold all position before that.

However, as a result, there was no big drop around 12:30.

People may not sell… Since selling is usually difficult for people.

 

After selling all, using Bitmex, as I planned, I bought “Sell” position using 50 times leverage, 1 million $ position using about 1.5BTC. (100 times were not valid due to lack of enough BTC).

After putting the position, I put “Trailing stop” with some best guess value.

It went down but went up again, so this selling was unsuccessful…

50 times may be too high.  This is trial & error learning process.

 

From chart analysis, short-term, middle-term and long-term chart all shows further drop.

 

At the midnight, 01:00 Jan 18 in Japan, since BTC is still dropping, and I foresee tomorrow is another day to further fall, so, I put sell position again with 5times leverage.

 

What I do tomorrow will be decided by tomorrow’s market and news around 7:00 AM and 11:00 AM, just before the people see to decide sell or not-sell.

 

For the long-term view,  after I confirm knife is stuck at the ground, I would buy just major coin mainly, this would be XRP again.

 

Currently, there will be new ICO, but I see in this weak market, the performance of going up may be weak.   This is same as IPO when the stock market is weak.

Therefore, I may not buy new ICO coin, of course, this is the case-by-case basis.

 

Next cryptocurrency market evolution is selecting most visible currency that will be really used.

The current high possibility is XRP, I believe.

This is just my expectation.

 

Note: Investment is your own responsibility.  This site is not responsible for any outcome.

 

 

EVALUATION FLAG

Flag		CSG index delta %
POSITIVE	+++++	More than 100%
	++++	50% to 100%
	+++	50% to 70%
	++	30% to 50%
	+	10% tp 30%
NEUTRAL	+	5% to 10%
		-5% to 5%
	–	-5% to -10%
NEGATIVE	–	-10% to -30%
	—	-30% to -50%
	—	-50% to -70%
	—-	-70% to -100%
	—–	Less than -100%