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RE: The are no experts in cryptocurrency

in #teammalaysia7 years ago

The drop in the market is caused by the SKorean government, which inserts a lot of uncertainty into the market. It basically only shows that A) haejin is not a member of the government and maybe even B) that the people responsible for monetary/economic forecasts in government probably had the same projections as haejin and decided to act to prevent the bubble to grow even more.

Bottom line: Haejin didn't do anything wrong. He made a prediction based on known parameters.

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indeed , base on what you say , we must not follow him blindly . Or else everyone who involve in trading will lose money like mad . There is always the thing he can't control .

Yes, I agree. I also have the impression that since a month or two with >10k views per article, he starts moving the market with his assessments. There are too many people out there looking at him. That makes it even more dangerous in case of extrnal events like the SKorean government announcement.

I will follow you now.

you also must remember this prediction is done 4 days ago before the news from Korea happen.