Hello cryptosuf you been following and working with haejin. can you clear up some confusion. Some say the X axis indicates timeframe and so for example when looking at LBRY it will be a year or so before the prediction increase hits. others say the X axis has nothing to do with timeframe. That haejin timeframe with all his charts are about few weeks to a few months? In other words haejin doesn’t give a timeframe. can you clarify for me. Thank you so much
@cryptophile1 hey man. Yes I will try to explain. @Haejin tries to predict pricing. he tries his best to understand timing but he has said many times that time is something that is impossible to predict accurately and consistently. Using old data from previous price moves sometimes can help but nothing is accurate and consistent. there fore he puts a time from using his eyes and his experience from the past 20 years of trading.
Sometimes things go parabolic meaning it is literally just shooting straight up and paying no mind to time. this makes it look like a straight line on charts. then sometimes things will take weeks - months.
The thing is it doesn't matter too much. @haejin always suggests to buy in at the terminal end of a correction to ensure that you time isn't wasted as well as your money.
Lastly he has mentioned something he calls " hurry up and wait" this is a way to grasp or manage the timeframes.
The correction is the "wait" which makes you wait a long time. and the "Hurry up" is the 5 wave impulse. which pays literally no mind to time and goes up at different times.
Thank you. Even if you buy in at or close to end of correction still can be X time before big rise.. I ask because often you have to use ETH or BTC to buy these coins. If you used ETH in the last month to buy haejin recommendations you would have lost out on a 300% gain so unless his coin suggestion returned more than that you would have been better holding ETH and probably less stressed.
I love what haejin is doing and thank him and get he doesn’t follow fundamentals etc, but the coins he suggest for the most part can only be bought with ETH and BTC. SO wondering does he take into account potential loss in ETH by selling it to buy for example RDD. Be great if he would address this. maybe you can ask him. Cheers
Your're making a very very good point overhere and that's why I pesonally never look at the dollar prices of a coin. The only thing you want is the btc point of the coin going up compared to the btc. Thinking this way you have to trust the btc eventually will become 20.000 or more.
I've gathered that there is a timeframe. RDD and BITB were shown to be short term and then followed through. Others are shown to be long term and have followed through.
Simply my observations/impressions, by no means scientific.
Simply by the scale of the x axis in @haejin 's charts but I stand corrected. Now I wish this was the case! lol You would obviously have more insight than I!
Thanks for the clarification.
Yes ... But you can try to make a guess based on the past swings of the coin, usually alts have the 'hurry up and wait' syndrom, they up fast then correction last forever.
Hello cryptosuf you been following and working with haejin. can you clear up some confusion. Some say the X axis indicates timeframe and so for example when looking at LBRY it will be a year or so before the prediction increase hits. others say the X axis has nothing to do with timeframe. That haejin timeframe with all his charts are about few weeks to a few months? In other words haejin doesn’t give a timeframe. can you clarify for me. Thank you so much
@cryptophile1 hey man. Yes I will try to explain. @Haejin tries to predict pricing. he tries his best to understand timing but he has said many times that time is something that is impossible to predict accurately and consistently. Using old data from previous price moves sometimes can help but nothing is accurate and consistent. there fore he puts a time from using his eyes and his experience from the past 20 years of trading.
Sometimes things go parabolic meaning it is literally just shooting straight up and paying no mind to time. this makes it look like a straight line on charts. then sometimes things will take weeks - months.
The thing is it doesn't matter too much. @haejin always suggests to buy in at the terminal end of a correction to ensure that you time isn't wasted as well as your money.
Lastly he has mentioned something he calls " hurry up and wait" this is a way to grasp or manage the timeframes.
The correction is the "wait" which makes you wait a long time. and the "Hurry up" is the 5 wave impulse. which pays literally no mind to time and goes up at different times.
Thank you. Even if you buy in at or close to end of correction still can be X time before big rise.. I ask because often you have to use ETH or BTC to buy these coins. If you used ETH in the last month to buy haejin recommendations you would have lost out on a 300% gain so unless his coin suggestion returned more than that you would have been better holding ETH and probably less stressed.
I love what haejin is doing and thank him and get he doesn’t follow fundamentals etc, but the coins he suggest for the most part can only be bought with ETH and BTC. SO wondering does he take into account potential loss in ETH by selling it to buy for example RDD. Be great if he would address this. maybe you can ask him. Cheers
Your're making a very very good point overhere and that's why I pesonally never look at the dollar prices of a coin. The only thing you want is the btc point of the coin going up compared to the btc. Thinking this way you have to trust the btc eventually will become 20.000 or more.
Think 1 million :)
Did not see your answer before replying a few minute ago, great one :-)
Hey cryptosuf, do you think this GEO prediction is still viable or have the waves not completed correctly? Thanks
very sorry for late relpy. no its not viable but there is a correction we just have to wait and see what it turns into. im sure @haejin already knows
Hi there I made a comment under your VTC post. Love to hear your thoughts. Thank you
No timeframe, just target prices.
Thank you. So it could be a week, a month or a year?
I've gathered that there is a timeframe. RDD and BITB were shown to be short term and then followed through. Others are shown to be long term and have followed through.
Simply my observations/impressions, by no means scientific.
how where you able to identify which will take a longer correction vs shorter in time?
@halicypto
Simply by the scale of the x axis in @haejin 's charts but I stand corrected. Now I wish this was the case! lol You would obviously have more insight than I!
Thanks for the clarification.
Yes ... But you can try to make a guess based on the past swings of the coin, usually alts have the 'hurry up and wait' syndrom, they up fast then correction last forever.