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RE: Bitcoin (BTC) Morning Update: This Correction Too Shall Pass....!!
What kills me is he even posts about BTC probably dropping more, yet still suggesting alt coins. so if they believed him the last few months, why wouldn't they be selling now. If you believe his BTC TA then why buy atls? Why hold? it makes no sense.
Making predictions of wealth in an extremely bullish market is a genius play to get people to follow you, almost like saying well if you jump in that lake you are likely to get wet.
Agreed. He is doing harm. I blindly followed his predictions and i am at a 50% loss of my hard earned money and it keeps on going down. At this point I feel terrible and not know what to do.
I wouldn't say nothing against him if I didn't now found people on steemit that few days ago when he was promoting EXPLOSIVE profits on shitcoins, they were giving a much more sound advice of taking the money out and waiting to see what will happen, because the market looks really bearish.
And he with his 20 years of experience didn't think to give this much more safer advice. Shame on him.
Don`t despair if you are not in need of that money immediately. Market is sure to recover! We just do not know when at the moment. Last time it took almost 2 months but it did recover and ended up stronger then ever. As I mentioned, just hold on to your coins at the moment. Panic selling will only seal the deal and loss.
But with him suggesting huge returns he then gets massive amount of followers and votes. People look back, look he suggested this and its up 400% so he must know what he is doing. Meanwhile it was a huge bull market so pretty much anything he would predict would look great.
I suggest to still look at his TA and others, but your research is most important. This isnt the end of crypto but it sucks that you could have got in with a bigger holding