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RE: Moving to hive

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Moving to hive

indurkin (48) in steem • 7 years ago

Do you have any data to back up that claim? I have stacks of $ that say his hit rate is well above 50%.

7 years ago by indurkin (48)

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orangesphere (55) · 7 years ago

To be fair, if you made literally any position in any coin in the crypto market the past months, you would have made money. While I appreciate @Haejin's work, it doesn't take knowledge in TA to succeed in crypto - whether that's a good or bad thing.

$0.54

12 votes

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indurkin (48) · 7 years ago

You are quite right, I would have made money either way, I would have made less on my own though, of that I have no doubt whatsoever.

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10 votes

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caseyjparker (49) · 7 years ago

If you work out the actual math, find out if your investments did better than you would have by buying in at the same dollar amount in all cryptos and waiting. I promise you, that method has never been beaten in the long run and the advisor you're listening to is only trying to boost his own personal investment - the one before your own. He's using you.

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3 votes

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indurkin (48) · 7 years ago

I am absolutely certain, it's not just a case of "oh @haejin says this coin will go up" and I bought it, I think I've done that once. I held when I otherwise would have sold, and I sold and moved positions into different coins on more than one occasion. Is it just that he influenced me to not be dumb? Maybe but nonetheless the information was valuable to me.

That is a bit beside the point in the context of my original response though. If it's so easy to make money in this market, how can his hit rate possibly be less than 50%? That truly would require skill. @ponts won't provide that data because it doesn't exist.

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8 votes

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phgnomo (64) · 7 years ago (edited)

Here, (https://www.investopedia.com/university/advancedwave/) go educate yourself about the method he claims he have 15+ years of experience.

BTW, the best analyst on the financial market ever existed only had 68% of accuracy.
Make sure to read through all of it, and make your own conclusions.

$0.16

8 votes

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indurkin (48) · 7 years ago

I have no interest in debating the quality or wisdom of my own due diligence. I have made money as a direct result of advice from @haejin now you can choose to assume I am lying or that it was just a happy coincidence, I don't really care.

Look back over this thread, someone claimed that @haejin is right less than 50% of the time. That was the comment I responded to and a moron could see that is false. In fact as I have said elsewhere, right now in this market claiming that X or Y coin will rise in price and being wrong more than 50% of the time would require true skill.

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3 votes

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phgnomo (64) · 7 years ago

See, here is the problem.
Someone disagree with you, and give you a place to reach more information, what do you do? Ignore the information and feel offended.

Who cares if you made money with his advice? Like you just said, in this market, anyone that call a coin will rise have 90% of chance to be right. So yeah, its kind of easy to be an "invertment guru" on cryptos....

Also, do some math on your trades. What would happen if had bought the coins you hade at random and just held them?

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monirul22 (41) · 7 years ago

you are right taking.........also right....................
l support you.............

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glennrf (26) · 7 years ago

I couldn't agree more, I actually just wrote a post about this exact idea - Crypto is working for everyone in it (for the most part), what's stopping other people from joining? How can we improve crypto literacy?

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themobilewriter (48) · 7 years ago

With a fast rise in the value of bitcoin, i think many people have got attracted towards it. Since bitcoin value increased from 100$ a few years ago to some where around 20000$ right now, I think many people are hoping the same with other currencies as well. Thus are buying anything that is cheap. This in return giving success to every crypto currency even if it was dead for a long time.

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ponts (50) · 7 years ago (edited)

Do you want someone to hold your hand and walk you through his posts!? Literally anyone can look at his blog and come to the same conclusions. I'm not saying that the coins he picked haven't gone up in value. I'm saying that his predictions are purely made up, and that he is wrong more than half the time.

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8 votes

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indurkin (48) · 7 years ago

It's not me that needs the hand holding, I read almost all of his posts and watch the videos, and have done so for quite some time.

Again do you have data to back your 50% claim? Saying it more than once doesn't add credibility.

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3 votes

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apkdl (51) · 7 years ago

what thanks.

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humblestudent (39) · 7 years ago

This is absolutely not true. It is very easy to check how many times he has picked the coins that go up the most. I think only a blind man will deny Haejin's skills, but whatever. I choose to follow him, you don't and that's fine. I only can't understand the reason for jealous posts like the one from berniesanders - nobody forced me or any of the Haejin's followers to upvote him - we are just being thankful for what he does.

$0.19

16 votes

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ufxpression (56) · 7 years ago

Absolutely.. He is taking steps a whole lot of people out there won't find a substantial reason taking.

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1 vote

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doubleyousee (25) · 7 years ago

Crypto literacy will improve exponentially as people lose money. Literacy will happen through experience.

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3 votes