Haejin Portfolio Day 7

in cryptocurrency •  7 years ago 

This is the Daily Haejin's Portfolio Performance.

For comparison, i added to the portfolio a comparison with BTC performance, if all buy signals provided by Haejin were bougth as BTC.

If he put a sell signal on one coin that we have on the portfolio, i will deduct the same amount from the BTC portfolio.

The tracking file is avaiable here: https://drive.google.com/open?id=1OGYgU1L0gSVL5vAc_q5G4Ue_s1JTjnTe

03/15/18

No new recomendation. Mostly of his analysis is toward sideways markets.

Capital Gain/Loss Over Time

2018-03-16.png

Total Portfolio Value Over Time

2018-03-16 (1).png

Haejin Portfolio Status

2018-03-16 (2).png

BTC invested portfolio went up a bit, rising 0,29%, while haejin invested portfolio went down by 1,33%

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Great work here!

Sharing in all the usual places, good work!

I'm a noob and I'm making myself some popcorn. ;-)

You have showed that by doing nothing and flowing in bearish market our portfolio looks awful. But can you show the opposite on how to survive here by posting your advices and your portfolio in green?

I am not sure if understood your question, could you please rephrase it?

If you are talking about how to profit on bear markets, i am sorry to tell you, your can't on cryptocurrencies, unless you are very good at intra-day trading, wich is a really hard and risky skill to acquire.

There is no good way to short on cryptocurrency markets, except for the Chicago Exchanges Futures contracts.

If you are asking me to give you 'tips' on how to make money money on the markets, sorry, but i won't.

I can point you to some good resources though, if you want to learn more about the Technical Analysis teories that exist.

Hope i answered your question.

  ·  7 years ago (edited)

Are you going to continue your experiment when the market changes to bullish trend?

I would love to read some advices about good resources on Technical Analysis.

Unless I’m missing something, the point of this article isn’t to give advice. @truthtrader is just showing that if you follow a certain whale’s advice, your portfolio probably isn’t looking very good. It begs the question, why is this whale trending?

You would be better off putting your money into just bitcoin than to invest it into anything else that @Haejin talks about. Then when it goes up sell if you feel like you need that money. The reason that "Whale" is "Trending" is because he upvotes himself with @RanchoRelaxo's account. Without that he would not be trending like he is. His post would at max make $10.00 if that each. If I had one person who put a whole bunch of money into steemit & voted on everything I posted, I could post a bunch of dumb crap & get lots of good SBD payouts too.

Yes, I don’t follow him. I was being rhetorical, trying to explain to @scorer the point of @truthtrader’s post which is to bring to light what haejin is doing.

  ·  7 years ago (edited)

You have done a wonderful job. @hashclub is grateful to you. Thank you.

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is not TA relative to day trading not investing? I wonder about a further analysis of his profit take vs loss.