Been watching the crypto markets since 2013 and for me it was pick a coin and hodl = win. Today it's no different but still for long term. I think his predictions are not wrong in a sense but still anyone can make them. His only upside is understanding the charts, but any coin listed on the most popular exchange will bring profits.
Just because of how many XRP there are, I never imagined what XRP is doing today. This has opened my eyes to what other coins can do, and the actual demand that crypto has. The market cap will absolutely grow tremendously.
I have actually tried your method with a few of his predictions already, but on a much smaller scale. It has been a loss since then but the reason is pretty obvious. However; I think it is still to early to make any decisions. So I would absolutely support your outcome because I feel that when it comes to my "investments" vs "his suggestions" I think my own will be more profitable.
I'm not exactly throwing darts at a dart board, however; following his predictions IMO is like throwing darts at a dart board. I can say that any coin will be both up and down in a given day, and be right. So far his "numbers" are off as I'm still waiting for Dash to hit $1900 and NXT to hit over $3. Predictions are great and so are profits but when I invest in a coin it is because I believe in the coin. I believe in what it's doing, what it stands for, I understand it. I can see how it is unique unlike other copycoins, scamcoins and shitcoins. I can see where it brings value and the world needs it. I do my research and my due diligence on a coin. When it comes to making predictions about coins, for example, that are listed on Bittrex, man it's damn near a win/win for any coin. Sit on a coin long enough and you'll see gains. I'm already in dash, so his dash prediction isn't my reason for being in dash. His NXT prediction reminded me that I wanted some and it was time, because I believe in the coin anyways I figured why not.
Sit on a coin too long and you'll see a loss, as well as "If you had woken up 3 hours earlier and signed in, you would have seen decent gains and buy back more 3 hours later during the drop". It's just all about timing, but it's all about the value that the coin brings too.
When Dash first made the change from Darkcoin and Ethereum was relatively new, they were both at $1. I knew that they were going to be huge. They brought huge potential to the table because I read about them and did my research. Did I profit from my own prediction based on my own research and understanding? Absolutely
The problem is a lot of New Money coming in and doesn't understand whatsoever how crypto works, they just want to play the market.
Don't just take his word for it, read up on the coins. However; in todays market, you can play the trading game with any coin and make profits daily because of the volatility.
I also feel many are upvoting him just to get curation rewards. From seeing my rewards, people are doing it wrong when it comes to upvoting a post just because it's trending or just because it'll payout huge thinking they'll get a large curation reward out of it.
Good post. What you are talking about here is analysing and understanding the Fundamentals of a Crypto, which is something I believe very strongly too. But a lot of people are uninformed and just rely on Technical Analysis (charting) from people like Haejin, which is why I think it's important for people to know whether it's a strategy that can work or not so they can be better informed.