@cryptophile1 hey man. Yes I will try to explain. @Haejin tries to predict pricing. he tries his best to understand timing but he has said many times that time is something that is impossible to predict accurately and consistently. Using old data from previous price moves sometimes can help but nothing is accurate and consistent. there fore he puts a time from using his eyes and his experience from the past 20 years of trading.
Sometimes things go parabolic meaning it is literally just shooting straight up and paying no mind to time. this makes it look like a straight line on charts. then sometimes things will take weeks - months.
The thing is it doesn't matter too much. @haejin always suggests to buy in at the terminal end of a correction to ensure that you time isn't wasted as well as your money.
Lastly he has mentioned something he calls " hurry up and wait" this is a way to grasp or manage the timeframes.
The correction is the "wait" which makes you wait a long time. and the "Hurry up" is the 5 wave impulse. which pays literally no mind to time and goes up at different times.
Thank you. Even if you buy in at or close to end of correction still can be X time before big rise.. I ask because often you have to use ETH or BTC to buy these coins. If you used ETH in the last month to buy haejin recommendations you would have lost out on a 300% gain so unless his coin suggestion returned more than that you would have been better holding ETH and probably less stressed.
I love what haejin is doing and thank him and get he doesn’t follow fundamentals etc, but the coins he suggest for the most part can only be bought with ETH and BTC. SO wondering does he take into account potential loss in ETH by selling it to buy for example RDD. Be great if he would address this. maybe you can ask him. Cheers
Think 1 million :)
Did not see your answer before replying a few minute ago, great one :-)
Hey cryptosuf, do you think this GEO prediction is still viable or have the waves not completed correctly? Thanks
very sorry for late relpy. no its not viable but there is a correction we just have to wait and see what it turns into. im sure @haejin already knows
Hi there I made a comment under your VTC post. Love to hear your thoughts. Thank you