The are no experts in cryptocurrency
Before i begin, i will clarify that i don't take side. I am just a numismatic dealer who love to study the history of money . Anyone trying to accuse me of taking side, pls watch your mouth.
The truth is i never believe any of this expert because of what i learn from the history. Because in the past , those who claim to be expert normally have people in the back pulling string in wallstreet . Cryptocurrency make this very hard as all trade is visible .
Thank to all the drama going on in the steem , i take note of this person . 4 days ago , this post caught my attention . This post predict that SBD will rise up $21.95 . After 4 day the SBD far from going up , it go down instead .
Here are the picture to back what i say:
The SBD price as of today:
There is no such thing as expert in cryptocurrency . Just do your own research and get a few opinion from different people . Just like how i check if a coin/banknote is counterfeit , i always check with other dealer/collector to get their opinion .
I gave you some lovin! How 'bout you give me some too?
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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.
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.
end of the day it is still based on the market movement. we can only predict/forecast that much but we alone cannot control the market.