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RE: Update for Bitcoin As Wall Street Jumps in!
Hey remember when you said we will never see 7500 - 8500 and insisted we buy at 10000 - 10380, and then 9250? LOL, nice "Technical Analysis"
Bitcoin hit $7800 the past day
Listen @noncense you cant blame @salahuddin2004. We are all humans and can make mistakes. Salah has done his best and even if the chart broke below the estimated target, it doesn't mean we are not going back on track which is what matters at the moment.
@skinnycat thank you ma’am.More respect for you from my side.I will work more hard for my followers.
@skinnycat you are right.These people create hate( @noncense )
Agree, not saying he is infallible or Bitcoin isn't going to increase in the long run (I'm bullish long term on the space in general). But what I find discomforting is the sensationalist advertising "It's an open challenge that Bitcoin will never drop to $7500-8500!"
That is misleading some to just buy, buy, buy when a more responsible approach would be to simply state your opinion and any evidence backing it up in a matter-of-fact way, with a clear disclaimer that markets are volatile and inherently unpredictable.
Listen @noncense who told you to visit my blog?Just ignore it thanks
The value of a free speech platform such as SteemIt is that everyone has a respectful right to their own opinion. Personal or malicious attacks should be unwelcome and be downvoted. However, I am just respectfully expressing another viewpoint.
Imagine if BitConnect said "Hey everyone, please invest in us! (But if you keep saying bad things just go away and leave us alone!). Well, that's called deception, and censorship is the best friend of deception and fraud.
Not calling you a fraud by the way, just saying that opposing viewpoints and the free and open flow of information is vital to our society. Peace.
Salah is a very friendly and respectful guy who just wants to help and I wouldn't blame him. I personally believe that there's only 2 things that are 100% guaranteed (death and taxes, although one can argue about the second ;), so even if I was a great analyst (which I am 100% sure I am not - this is probably the 3rd thing which is guaranteed :), I wouldn't speak this way. But, I guess it all comes down to a way of expressing oneself - people from different cultures speak differently. Plus, I really don't think that anyone should buy simply because someone else (no matter who) has recommended something - at the end of the day, it is only your decision. That being said, I appreciate every single forecast Salah has made and I hope he keeps making more.
100% agree, everything we have in life is purely our choices. And it's not nice pointing fingers when you failed because of your poor choices:) "death and taxes" was great :) lol
@humblestudent thats the reality.
Thank you, @juliealexander
salahuddin is a technical analysis, he is going to be right 60/40. To think that he is a magic ball is wrong on your part. This is the reason why all TAs give a disclaimer. Because they know to well that people will follow blindly any infomation that is given them.
To make big money in crypto it is good to follow people like Sal, to get a feel of his methods etc but you need to study on your own. Number one, study Bitcoin. Bitcoin is the base code of all the coins. It is the DNA of crypto.
The rest of the coins you need to study them, mainly check out the GITHUB, are they actually working on there project. Many are not, i can not mention names but a coin that recently went over the $100 mark has only got one programmer... this is serious, very serious.
I have attached a video BELOW to show you how to do your checks.
Technical analysis's will say that sentiment is all that matters, and if you are only in this to make fiat, Then dont check out the companies, there is no need to as in this BULL market over 70% of traders no not care if a company is real or not, as long as the price is going up.
If you are investing in the long term then you need to know if the company you have 1000s invested in are actually doing what they are saying. WARNING. You will be shocked when you start to do this, as a few coins that i have invested in hadnt did any programming in over a year.
Does this mean panick sell..... NO. You wait for BULL market again and when it gets up to a point where you have made a good profit. SELL THEN.
Goodluck to all in 2018.