This is a test of an index view of the top 10 crypto currencies traded on 14.11.2017. They are weighted so that each coin is bought for ~100$ each. The main point of this graph is to test out index graph on Tradingview and to see how much (or little) those 1000$ becomes in a month, quarter, year etc.

The 10 crypto currencies and amounts are:
BTCUSD 0,02
BCHUSD 0,08
ETHUSD 0,31
EOSUSD 68,87
IOTUSD 168, 01
LTCUSD 1,62
ETCUSD 5,9
DASHUSD 0,24
BTGUSD 0,51
ZECUSD 0,37
Comment: Only two weeks and we have over 50% return! Thats pretty good for no effort spent on trading or analysing! :D
Comment: Wow, so the 29. November 2017 sure was an interesting day for trading cryptocurrencies. This index had a 541$ difference between top and bottom. Meaning that we on one day where between about 80% profit and 30% profit from start (ca. 1000$). In total it seems like we are not starting to become stable again. And hopefully we will see a return in growth.
Comment: Correction: In total it seems like we ARE starting to become stable again. And hopefully we will see a return in growth.
Comment: However, if BTC continues down to between 7k-8k we most likely will see a further correction of this index as well. Everyone should read @MarcPMarkets posts:
Comment: Update related to the resent massive correction that happened on 19. Desember 2017. As has been common for 2017 almoast every other Cryptocurrency starts to correlate highly with BTCUSD:

Comments

300% gain for a month. Great!!!
+2 Reply
ohenrik sonlamhut
@sonlamhut, Yeah, pretty insane!
Reply
Now with gains nearly 650USD, despite all coins fall 10 - 20% today. Awesome
+2 Reply
sir how to create this type of index of multiple coins? free user can create it or which type of user required? thanx
+1 Reply
crudeking crudeking
@crudeking, found the solution thanx for idea
+1 Reply
Very cool, just made my own. Thanks for the idea.
+1 Reply
ohenrik leondb
@leondb, Thank you :)
Reply
I LOVE it! This is basically what I have been doing but never thought of it as an index. I LOVE IT!!
+1 Reply
Dashtothetop crankycrypto
@crankycrypto, Basket? Toe-may-toe Ta-ma-toe
Reply
did you still hold these positions?
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter