Our followers walked away winning this week - and big; unfortunately, we as the producers didn't, getting compensated very little for nailing two predictions almost perfectly.
Some highlights:
- Last week, we told you to sell all your Steem and it subsequently crashed 40% over the course of the week. We warned you; we're trend traders and we saw it coming.
- Last week, we said Monero looked cheap and now it's up to $8. Followers would have had plenty of chances to enter under $3 and sell over $8.50, while holding some for long term speculation (if that's your thing). For the record, Monero almost hit an all time high of $9. We have a view on Monero that we won't be sharing, and if we're right, it sucks to be you.
- We recently issued a warning about BitShares and we'll be right about it too. Even if you disagree, you need to learn to hear other sides to arguments because they strengthen your position if you're on the other side of the bet. That being written, we pity people on the opposite side of our bets - they tend to get hammered. Sure, we lose sometime too, just not often. Since we don't like BitShares - at least not for the time (meaning, there's always a cheaper price) - we have a great surprise this week about a superior platform.
- Look we get it, if you can lift other people's content and spin it as your own and make bank, great. But what if they stop providing it because they see what you're doing? Your followers are the suckers because now you can't bleed our posts. We know what you're up to and it's disingenuous, so now we'll "have fun" in the markets and you won't know which direction to go. Enjoy!
Few - if any - have been as accurate as us on Steem. However, we're looking at our stuff and thinking, "Hmm, this doesn't seem to be appreciated compared to other stuff" so we may stop telling people how we trade. It's nothing personal, but why should we tell people what we're doing that may help them get an extra $1-2K in their wallet a week, while we're getting back a whole $0.21? I haven't seen any of the top Steemers make as many accurate predictions as us this week, so I'd say there's a lack of gratitude. In fact, look at the top posts on Steem and see how most are just people complaining - you're upvoting something that's not moving you forward in life. That's a reflection of you and a reflection of Steem.
This is how we knew Steem was a sell - if Steem can't make some dough for people who are accurate and creating good content like us, they'll go elsewhere and that elsewhere will be the big winners. Most of the top posts aren't great or accurate; so why aren't the great and accurate posts getting love? When you realize why - and it's obvious - then you'll realize how we knew Steem was a sell. And we were right - very right.
The good news is if you're a student of our Retire Early With Cryptocurrencies course, for a limited time only this week, we will be covering another cryptocurency that we're risking some dough on. We think this one might be bigger than the 2900% return of Steem earlier this year, but we might be wrong - who knows absolutely? We won't be including Steem in it. Steem just hasn't been good on the compensation end, and until that changes, we're going to limit what we share. Make sure you see that video, as we're taking it down this week as well. It will be a limited time only.
Hey, we got to provide for our families too.
Again, for those of you who walked away with the dough this week, you're welcome. No more, though.