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RE: My crypto steemians list

in #steemit7 years ago

If you want to follow Jerry Banfield because you like him then by all means do but do not look to him as some sort of seer and font of information when it comes to crypto. The following statements all came from one post and are in my opinion nothing more than wild ass guesses or horrible advice.

"Will there be a soft fork or a coin split"
No

Hmm, how did that work out for you. Not saying that anyone absolutely knew what would happen but there was strong evidence that it could happen.

"This cryptocurrency sale is amazing because prices for Steem are not likely to ever be this low again! I bought 1451.966 more Steem on Bittrex today after buying 1023.206 STEEM yesterday because I think Steem is going to hit $10 within a few months! If the price would drop down to $0.50 or lower over the next few weeks I would be really excited."

So in the course of a paragraph it is never going to be this low again but he would be excited if it dropped 50 percent.

"The price has not been this low since May 2017 and I think after the next big price jump will never be anywhere close to this again maybe for 10 or 20 years."

This assertion is so reckless I can't even comment on it, someone did, the very top comment on that post asked how he could make such a crazy claim and yet there was no response.

Just remember everyone seems like a genius when everything is going up. Again, this is not meant as a personal attack on anyone on the list but to make sure people that don't know any better don't read the list and assume all of these people are experts on crypto.

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100% Jerry is a clown. I stumbled upon his Youtube channel when he was high on Dash and bought a masternode, then watched him sell it at around 80$ after it dropped from over 100$. Cash out all his holdings to coinbase and pay taxes on it. Then he found Steemit and is trying to pump it up.

I love Dash and have owned it since before it hit 10$ and love Steem but Jerry is not someone to take crypto advice from