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RE: EXCLUSIVE Coin (EXCL/USD) Target $14.01 (10.67x Profit Potential!!); EXCL/BTC Target 0.001638 BTC (11.08x Profit Potential!!)
Yes but is it a good coin?
I bought spread coins that had almost the same potential. Going nowhere.
Many said same thing about Steem but it's just a matter of time
Haejin, sir, you are a very good person, perfectly honest and an excellent ta. I respect you and your analyses.
I never want to harm you in any way. I also intend to work with you. I would defend you if someone would say bad things to you or about you.
I understand where you're coming from and I can only wish that I could be helpful to so many people as much as you.
Here is the thing: people request the ta of their coins and you do the readings. You announce the potentials. You don't necessarily know if the coin is a good one.
(Or maybe you do.)
Good coin, bad coin, only sentiment drives price.
Defense is just another face of aggression.
Trust the Truth.
"To help, and do no harm."
So what are you saying?
Welcome, aboard.
You know, I have been here since August. Probably more than you.
The point of analysis here is to provide the most pure and whole analysis possible. He may or may not know about the coin ahead of time, or have an opinion on the real world use of the coin (good coin)....but inserting that information directly opposes the purpose of Pure Technical Analysis, and also the purpose of teaching others to swim in this ocean for themselves.
I have to disagree with you on that sorry.
It's really not anything to agree or disagree with. That is in fact Haejins mission here. That and what @solisrex said.
In good practice, Elliot Wave Theory does not care one bit about how well a company performs, what they do, or how much promise they have for the future. Haejin has many times mentioned the coins he is a big fan of, but it is no one's responsibility except the user to decide if they want to buy into whatever lip service or potential a company presents to the public. In good practice of the EW Principle, there is no such thing as a good coin or a bad coin, just price movement....and price movement is the ONLY thing analyzed in EW.
And in good trading practice, no one is encouraged to put money into any coin analyzed here without doing their own Due Diligence in that regard. The goal here is to educate, and to help others learn to gain wealth on their own through the implementation of the EW Principle in combination with a deeper recognition of chart patterns.
I believe much of the value comes from Haejin keeping his own opinion on each coin or service out of the picture. It's a professional performing a very high quality job for free, and not selling anything for anyone else along side it.
I am curious as to who gets to decide if a coin is a good coin anyway, except for the individual themselves.
It's not an easy thing to do, but best EW practice is to completely remove yourself from the analysis. Disconnect from emotions, news, rumors, and even time itself. Spreadcoin TA still says, accurately, that it is very bullish. When it will make it's move is a VERY difficult thing to pinpoint in some cases. But as long as the coin exists, and it shows the same bullish pattern, it's bullish...even if they have too many bugs in their programming, or it's use and support dwindle to near nothing. If the coin is OR isn't going to perform, that is NEVER determined by any characteristics of the coin, company, or expectations...it is only determined by analyzing the price movement.
U need to do your part. Do the due diligence! Haejin can only give you what he sees on the charts. Spread coin for example is on my blacklist so I passed on that one.
Why is spread on your black list?
Dev's left to Helium and another project. 1 dev left, is not communicating. Dead coin to me, but I could be wrong of course.