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RE: Siacoin (SC) Longer Term Perspective & How to Execute Profit

in #siacoin7 years ago (edited)

What you missed, Mr. Haejin, is that you never forewarned traders about any of this correction, or using this "raise[ed] cash" would have been much easier. Not a big deal, a hard one to call for sure, but you make it sound like anyone who was following you should have had this "Cash" handy, and that is being glib, and little insulting to anyone who was new to this (most of your followers, I imagine) and had never been through a correction before. I certainly don't remember reading about it during the last bull run. Thankfully there were others that sounded the alarm.
Anyway, to my main point, you previously said that wave 1 would take SIA to around 275, then back down to 175 or so, and by all intensive purposes, that happened. Wave three (as per your post) then hit at 675 satoshi or so, then anyone holding for your wave 5 target would see their "cash" disappear without warning when market corrected well below your 575 target.

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Agree. Thank you for your insight on this. I was thinking the same.