Jim Cramer the "expert" decided Apple stock will go down now!??!?
Jim Cramer has said for at least a few years how great Apple stock is and has basically said bet the farm on it! Literally a minute ago on CNBC he says Apple will probably go down farther than it already has! So wait the guy pumped the stock up, people who listen to him bought, he and his cronies sold, and now they admit it was overblown and watch it crash while you hold it!
Sounds like EVERYTHING the "experts" say! Want to do well? STOP listening to "experts"! In fact, I usually do the opposite! I called the top of crypto (thus far) on December 14, 2017 when bitcoin broke $19k! I told everyone to sell heavily because CNBC was hyping it like crazy, every news station was talking about it, all the "experts" said $100k no $1mln no $200mln! It was INSANE! It MAY hit there one day, but don't be naive!
What really happens is they tell the masses to BUY what THEY want to SELL! Then when they cash out the support drops out, volumes fall, it drops like crazy, everyone who bought from THEM then go and sell for a LOSS while the "experts" are there BUYING it back for a fraction of what you paid for it! Then they repeat the process! This is why I laugh at "experts" and "analysts" and actually watch them! I watch them to know what to do, by doing the OPPOSITE of what they are hyping! This is true not only for stocks but for crypto and every market! There is always a group behind the scenes that are the "big boys" (whales) that control the REAL price! Your job is to find what actually has value, track the hype/fud, and know when it is overly hyped to SELL and when there is insane FUD and no hype to BUY! This is how you really make money in the markets!
@bigdeej
I think if you took all of Cramers buy and sell suggestions you would be way in the red.
Can you tell me more about shadowbot? @nateonsteemit said you you made it. Curious how it works, do I use steemauto to follow? Or need to delegate SP? thanks
You login with your posting key and your account is created. We automate voting, following back people that follow you, claiming rewards and will be rolling out a whole huge upgrade called Shadow Book which is a facebook like system that is p2p decentralized and ties into multiple blockchains including Steem and Whaleshares! Check out @shadowbot and the FAQ on shadowbook.io for additional information!
As a member you begin to get votes from other members in exchange for you giving votes to the community. We all work together to earn more! It is a community as well as a service! We will have real time chat open by next month and a huge amount of other features so be sure to at least follow along!
@bigdeej
very cool service, and glad you made it with the private posting key only. If it was my active key I would be more worried, I logged in and followed @shadowbot. Great idea and I see in the pages there, great transparency.
Be greedy when others are fearful be fearful when other are greedy.