I think this is a case of human psychology failing us - Confirmation Bias
I think it's very unlikely that Haejin is right as much as people think he is. It's just that he posts so much that nobody notices the ones he gets wrong.
People have a tendency to boast and cheer about the times things went well, and just shrug and dismiss the bad ones as 'one-off', and are too embarrassed to publicize their failure anyway.
So the law of averages plays out and people suddenly think he always gets it right, meanwhile, all his mistakes (which I wouldn't be surprised if they were 50%) are way down his feed after posting 20 times a day.
If anybody has actually tally'd up and noted the rights and wrongs, I'd love to see the meta-analysis of Haejin's performance, but I'm very skeptical to date, knowing how unpredictable the market can be.
I am not going to take the time to go back and look to see, but I will tell you my experience.
I have invested in a few of Haejin's suggested coins, a few from another and I have studied Elliott wave theory and made a few calls on my own. All have hit my price projections and I have managed to triple my meager investments since Dec. 9th. Even at the bottom of the recent down turn I never went below double my investment and I am very much a novice.
The tools he uses are not perfect, but they do make an "unpredictable" market understandable. No you can not see precise tops, bottoms or time frames, but you can see the broad strokes and use that to make profit.
I managed to do the same just guessing human psychology, and I've got no experience. In fact more than triple come to think of it. If it's worked, it's worked but I wouldn't put ultimate loyal faith in without a success analysis personally, and thus can't justify such monetary success on steemit
I do not put "ultimate loyal faith" in him. I have researched Elliott wave and trust it as one tool among several. I am not good with human psychology and my guesses generally lose me money.
As far as monetary success on steemit goes, is that not up to the individuals who choose to up vote or not?
Whales trying to shut down someone many are getting value from, thus up voting and supporting, is what I can not see justification for.
People have the right to downvote as much as those who have the right to upvote. in fact, the very first thing you see when flagging is the rules for flagging, the very first thing being 'disagreement on rewards'. It should not be taboo to flag for legit reasons