RE: Bitcoin (BTC) Morning Update: This Correction Too Shall Pass....!!
His TA doesnt project time, but timing is everything. He also uses words in his headline that suggest something will happen soon. When someone says explosion is imminent, how does that not reflect time? or the bottom is most likely in? well the bottom is good right? so suggesting its the bottom = buy in.
I do not expect updates for all the alt coins, but why continue to post alt suggestions when his primary BTC was wrong and it was likely to follow his alternate count. You do not need to do any TA at all to know alts would drop if BTC would drop hard(following his alt count), just dont post anything other than BTC updates.
I have only used him(and other good posters on here) to back up research i have already done. i am not saying he is a bad poster (he is quite good), I am saying that his posting of TA when he knows damn well its useless right now is taking advantage of people. Those that don't know better are losing badly, but he is making a killing off them
I do not follow him blindly and i was out as soon as the news broke out a few days ago which has paid off.
He isnt stupid, he knows if he posts alt suggestions people are going to immediately go and buy some, and with BTC in turmoil all his alt TA is useless.
I totaly agree and tried to warn everybody around here to KEEP AN EYE ON THE BITCOIN. When Bitcoin moves everything moves. And speculating stockmarkets all has to do with time. Otherwise both parts always are right. I say it's going down, he says it's going up. Seven months after the fall it went up again. Both persons were right!
Yeah but timing is everything :p
I think it will go back up, some of the alts he suggested have good teams, good whitepaper, and i think will easily recover 3 or 4 times over but some are literally shit coins. But that isnt taken into consideration, he just does TA
I agree, any analysis on altcoins while bitcoin is dropping is bullshit. Yet he posts this crap every day and people believe him unconditionally. I guess the only way people learn is through financial loss
To his credit he's mentioned an 8k Bitcoin bottom possibility MANY TIMES and I kept that in mind, but I agree the headlines for newbs suggest "EXPLOSION" within seconds, etc.
But that is my point, his primary count was wrong and his secondary showed BTC to 8k, so why still continue to post alt TA when the BTC would make it useless. he should have suggested taking out profit and holding fiat until we correct
Waah!.......Waah!
great insight
Same as yours just a lot more to the point.
Yeah because its amazing for someone to advise people to buy some crypto at the worst possible time and profit from it.
If people took my advice that i posted in his blogs they would have saved themselves a ton of money.
I upvoted him when he gave sound advice, but now that i disagree with his suggestions its no longer valid?
But your right, me saving someone 30-40% in a couple days equals waah!... waah! in insight.
sheep following a sheppard off a cliff
Worry about yourself. Nobody is forcing anybody to do anything. And, anyone who can't make their own decisions shouldn't be trading anything. Haejin paints a great map for what is likely to happen. How people use that is their problem.
so then what is the point of having a platform for people to blog and reply? might as well just have no comments then.
except for its a bad map, and people obviously do not know what they are doing or they wouldnt be upvoting
Sounds like somebody doesn't know how to take profits. Simple as that. Do some soul searching and learn from it. Then the crying will stop naturally.
can you read at all? i already stated a number of times most of my holdings were out a few days ago.