Haejin Portfilio - Day 1

I am going to follow you to see where this will go. Good thing that those are not real money! :) I also upvoted all of your posts because why not. Best of luck!

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2 votes

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truthtrader (59) · 7 years ago

I never put real money on anyone else decision. I have to make my own decision after some research and using techniques that i spent some time studying.

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3 votes

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thabiggdogg (56) · 7 years ago

It's only meant for use as informative or entertainment purposes.

@Haejin You do not provide any entertainment. I brought you some.

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1 vote

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kirbyhopper (44) · 7 years ago

How are we going to know if he or she's picks outperform the "market"? Without that this is a waste of time.

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1 vote

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truthtrader (59) · 7 years ago

Define "Market"

It is not a waste of time, because is tracking his predictions of what would happen if money were used to buy the assets.

If you are saying that i should compare with other "technical analysts" you are wrong.

Each analyst have its own performance rate.

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2 votes

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kirbyhopper (44) · 7 years ago (edited)

No, track it compared to the "market" the way stock picks are compared to the Dow Jones or S&P 500 to see if someone's portfolio actually outperforms some measure of the average of the market without humans picking stocks. Haven't you ever heard someone brag about their stock picks when some unmanaged market index actually outperformed his portfolio? That person made some bad picks but thinks he's done well just because the market as a whole did well.

As far as I know there is no such thing as a crypto index but it wouldn't be hard to come up with one just using the top 50 in market cap and give weights to each according to their market cap. Maybe I should create it and call it the Kirby Hopper 50 LOL!

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2 votes

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truthtrader (59) · 7 years ago

Thank you for the clarification. Comparing the performance with an index is a good indication, but for that we would need a index percieved by most of the players on the market as reliable.

I Will do some research to see if i can find any good index.

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3 votes

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crypto2crypto (63) · 7 years ago (edited)

Nice. I'll keep the resteems coming.

Ill be sending over SP shortly

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1 vote

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mornevd (7) · 7 years ago

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1 vote

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raycoms (70) · 7 years ago

I think it would be interesting to compare the payout with the average coin price, this way we can compare his investment advice with the average crypto movement.

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1 vote

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truthtrader (59) · 7 years ago

The average movement of each currency is already there on the gain/loss column.

If you buy $1000 or $10 and the price move up 10%, your invested money will also move up 10%

$1000 Will become $1100, and $10 Will become $11.

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raycoms (70) · 7 years ago

I meant the average movement of all altcoins.
Meaning: If you would invest randomly would you be better off than investing with Haejins advice.

If all cryptos go up, did the average one move better than his advice?
If all go down, did the average go down stronger?

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crypto-econom1st (57) · 7 years ago

Lol, I actually planned something similar. As I noticed in 2 samples that analysts are very bad in predicting a sentiment change in the market. In both cases 4 out of 5 analysts did not predict the sentiment change.
So I thought it might be nice to check this more often.

Anyways I think your idea is even better. And if I do a TA on your number of followers, I see a very strong uptrend for the coming weeks 😀

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1 vote

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truthtrader (59) · 7 years ago (edited)

There is good analysts and bad analysts. The only way to make sure is to actually check if what they say actually happens.

Also, good analysts aren't 100% right all the time, but their hits are higher than their misses.

Also, is Always good to make your own tracking and draw your own conclusions.

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anglotrucker (40) · 7 years ago

So basically, what you're saying is, Haejin is garbage and the Haejin dick riders need to realise that they are flogging a dead horse! 😁

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1 vote

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truthtrader (59) · 7 years ago

I can't say that for sure at this moment, but he definetly have a bad start.

Since he doesn't set an specific entry price, i have to assume that the price of the day of the prediction is the entry price.

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antihaejin (42) · 7 years ago

This is awesome, thanks for spreading the truth about @haejin and his {air quotes} analysis.

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1 vote

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sco (64) · 7 years ago

That's a great idea you're pursuing!
Would you also consider overlaying the total market cap? That would add the nice extra info if HJ performs above or below the overall market.

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truthtrader (59) · 7 years ago

Do you mean the market cap of each coin?

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captainklaus (64) · 7 years ago

Brilliant Analysis!

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cryptorep (47) · 7 years ago (edited)

I suggest investing in Haejin tips no more than $ 10 per coin at the starting budget of $ 100k, so that the fun does not end before the end of 2018. ;)

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teteh8993 (44) · 7 years ago

Very inspirations

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tuvokhl (57) · 7 years ago

Very cool. I wasnt active on this platform for some weeks but this haejin still seems to be a topic :-)

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milkjar (41) · 7 years ago

Im not saying I like or dislike @haejin. I dont follow him at alland don't care.

I would just like to say is that this should be tracked in relation to btc. Its unfair to track the portfolio in relation to usd as nobody makes money except on pump and dumps when bitcoin is like this.

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truthtrader (59) · 7 years ago

Check day 3. I added a BTC reference.

If you have another suggestion to an Index that have a weighted track on cryptocurrencies like S&P 500, please let me know.

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3 votes

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milkjar (41) · 7 years ago

no thats perfect thanks.

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molfzart92 (34) · 7 years ago

Orgasmic tsunami profits!!!! LOL fuck this man Haejin. such a joke.

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bitgeek (62) · 7 years ago

Congratulations @truthtrader, this post is the forth most rewarded post (based on pending payouts) in the last 12 hours written by a Dust account holder (accounts that hold between 0 and 0.01 Mega Vests). The total number of posts by Dust account holders during this period was 9727 and the total pending payments to posts in this category was $2023.65. To see the full list of highest paid posts across all accounts categories, click here.

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