I've been following haejin and philakone (who also do TA) for a while now. People need to know that TA doesn't project time line, and perhaps Haejin need to emphasize that in all his TA. All his altcoin's TA has a high possibility of coming true, but nobody, including himself, will be able to tell us WHEN it will come true.
Besides, he has also been clear of his "alternate" counts on BTC, and we cannot fault him when the market decided to take the secondary path/count instead of his primary. With this, he teaches us that there are many possibility and ranked them in probability of each happening by citing which is primary, secondary, etc. While he does this for BTC, do you expect him to to do the same in-depth analysis for ALL the altcoins which he has covered, giving all the different counts and pathways? If you do, then you are not here to learn from his generous lessons and teachings but merely expects him to give you the fish (and blame him when the fish escape).
Granted, many here just want to be given targets and numbers - but if you follow blindly, don't fault the teacher when their predictions doesn't come true the next few day you bought in. Again, TA does NOT cover timeline, just like he always emphasize in his BTC TA, the targets have high possibility of reaching BUT the paths they take will vary. Everyone know BTC is the main driver for all altcoins, and everyone who has been following actively should then know that BTC has high chances of further correction - so can't you relate these two yourself AND expect that altcoin will also be volatile?? Did Haejin ever put a timeline on his altcoin projections?
I agree, and I also enjoy the posts. I'm a relative newbie; I've invested in cryptocurrency as a whole; I'm not a day trader, although once in awhile I play around just for fun.
I don't think this form of analysis has much practical predicative value over the long term. I've watched five hyped predictions, and none of them have come true yet.
I agree that the posts have a sense of urgency that is not reflected by a good investment or trading strategy. The first post and analysis I saw, I blindly leapt on board. Now I've been watching, and I have observed that a more common sense approach to day trading would have yielded much better profits.
Timing IS the key.
I do find it all interesting.
https://steemit.com/bitcoin/@rohitpatil165/a-complete-beginner-s-guide-to-bitcoin-in-2018
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.
Waah!.......Waah!
Same as yours just a lot more to the point.
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.