You are viewing a single comment's thread from:

RE: VERGE (XVG) Is Following Bitcoin (BTC)

in #verge6 years ago

this isnt even bad, XVG is at least a solid coin and many people expected it to still go up, maybe not as high as he was suggesting. promoting BCC was a joke and that was my turning point with him, as it is clear he does zero research in a coin and just looks at charts. Dozens of people complained, that blog should have been deleted but i am sure a bunch of people bought in because they believe in him. But hey he probably made a few hundred bucks leaving it open

Sort:  

He says that with most coins he does zero research. His approach is purely technical analysis and identifying trends in the charts. On a select few coins, @haejin said he does research but those are the ones he is interested in from a tech standpoint. I think it’s honorable NOT to delete in. In a way, that’s him willingly admitting that he is wrong occasionally.

I lost my ass on XVG (to the tune of $20,000). Gotta love being on an airplane and not being able to see the market take a big old watery poop. This market is a very rewarding or expensive casino.

I appreciate the lessons I’ve learned about Elliott wave theory. I have learned so much about TA and the markets in general that it’s become a hobby of sorts.

As to the money, i’m blessed that I could afford to lose that money. Overall, I’m still up on 90% of my investments. XVG was a coordinated FUD carpet bombing... Verge managed to rise from the smoldering rubble multiple times and earned my respect and loyalty in the process.

I agree with you that this will be the year that privacy coins take flight. Privacy is paramount in a world where our info is sold to the highest bidder.