Altcoin selection, Day #2: MCOBTC

I selected this coin from two reasons. I dont want to hold unused bitcoin on exchanges and second, it looks like something is going on silently in the back. Altho the BINANCE:MCOBTC is relatively expensive, I alway like invest in coins based in asia. and the drop already happened. If we take into the considsration, that BTCUSD price drop didnt affect price of BINANCE:MCOBTC at all, I am looking forward to first correction UP. I hope you catch some good entries and dont be foolish when holding the positions.