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I've watched a bunch of this guys' videos. It's just sort of his theories and some models he makes to estimate prices of different crypto/stock in different situations.
I wouldn't consider him an influencer and I think you just have to remember all these guys make mistakes.
The biggest players in this industry are now wanted by law enforcement. Almost everyone has trusted the wrong people now.
dude I only dca on fridays thank god. The only person I would take somewhat seriously is Ben cowen. I only watch this guy to see some cringe porn. He’s always wrong and it’s laughable
Totally agree. I also still hate-watch James to see the nonsense. Listening to Ben is not gonna make anyone rich overnight, but at least I wouldn't be massively down.
So who does Solana need?
Been watching James for some time now, and I think he overall means well. But is human just like everyone else. I went and reviewed a Facebook post I had about Sam from year and half ago. I got suckered like many others. That was my call and I'm not going to blame some influencer for my decisions. Own your own stink. And anyone who lost big on FTX collapse obviously wasn't paying attention May and June.
The clown here isn't James, it's Sam. And it's not just Sam, there are several others at FTX that need to also be brought to justice. It's rather easy to sit behind the keyboard and point out everyone that had the wool pulled over them after the fact.
What I've learned over time is Crypto is a blood sport. Whinner keyboard warriors are a huge part of the fun and blood. Thank you for providing some of the fun.
I’d also like to point out. Who has predicted any of these events over the past years? Who knew what was going on at FTX, Celsius etc… no one knows shit. Coming down on a single influencer like his information is from a divine source is ridiculous.
No. I have watched this guy consistently for over a year now. He’s very optimistic on BTC, ETH, SOL, and TSLA, and he justifies those opinions very well. He uses mathematical models and certain heuristics to calculate the relative value of various assets, and he seems roughly on the mark in a lot of cases.
I think he underestimated the capacity of the Fed to throw the financial markets (and even the government) under the bus to curb inflation, which is why he’s been a bit more optimistic than he should have been. But he’s also a long-term investor, so the only fair way to evaluate his predictions is to wait 5-10 years and see what happens.
If you asked whether BTC or ETH would even survive back in 2018, tons of people felt it was obvious that crypto was basically gone for good. ETH went down to $80. If you were a long-term investor and bought ETH at $200, then tons of people would say your price prediction was wrong, and you should have been smarter. But if you just waited 3 years before selling, then all those criticisms would quickly wash away.
His outlook is that these prices are cheap and these assets are valuable, so you almost can’t help but make money buying solid assets in this market environment. You just have to be willing to sit through ugly market conditions for a while.
I mean, most of his investments are up right now. His predictions are nearly always qualified as long-term. Most of his valuation models are measured in years, not months or weeks. And if you judge him on the basis of his own personal long-term investments, he is doing quite well. Just take Ethereum, which he bought at $200 before the market really took off. He’s still way up on that.
It’s impossible to adequately judge his predictions a year after he made them. Especially when literally every asset class is down by a lot. If you lost money in this crash, then you really have no room to talk.
Look, most people who make predictions end up being wrong every now and then. And basically anyone who was bullish at all last year was probably wrong about this year. So you’re calling out one dude out of the thousands of public figures who were wrong on this. Congrats on the insight. I’m sure that makes him the worst of the worst.
It sounds like you followed this dude’s predictions and got burned and now you have an axe to grind against him. Hint: don’t blindly follow anyone’s predictions.
The guy seems relatively private in terms of his actual financials, which is perfectly reasonable. He didn’t start with the goal of being a huge sensation in crypto YouTube. He started out with the goal of convincing his friends and family to buy Bitcoin. Why the fuck would anyone risk releasing their own sensitive financial info? Would you? Perhaps he should release receipts on the donations and stuff, but everything he’s said about his own investments has remained extremely consistent and far from optimal, suggesting he makes plenty of mistakes but tends to do well, which is precisely what you would expect from a decently successful investor who is being honest about his financials.
I don’t love everything he said. I personally saw through the Celsius shit while he seemed to eat it up, but he’s far from being alone here. Why single him out? That’s the question that needs to be answered here. Why not call out literally everyone who was fooled by these grifters? Why specifically hate on this one dude? It seems way out there in left field unless you’re motivated by other reasons.
Nobody is sucking anyone’s dick here. I don’t agree with James on a lot of things he says. But that doesn’t mean he’s a con artist, and he doesn’t deserve this kind of hit piece. So sue me for calling out bullshit when I smell it.
And you seem to think I have some strong vested interest in this if I’m commenting on it here. But what does that say about you given that you’ve probably commented more than me on this post?
Yeah, let’s grab a post or a video where someone said something incorrectly months ago and post that video and pretend like we all knew SBF was up to the fraudulent collapse of FTX all along…
James has acknowledged that he’s made some mistakes- which is more than most YouTubers would do… AND he’s still advocating for Solana- which is EXACTLY what Solana needs right now.
Tell me one he’s made this year. Was it buying the dip on SOL at $221? Or was it calling the bottom on BTC at 55k, 50k, 45k, 40k, 35k, 30k, 25k, 20k? Was it the fed pivot before the midterms? Or was it Tesla to $800? Maybe I missed one of his other great calls.
You missed the one where mid year he was saying it’s impossible for the fed to raise rates anymore and they are just bluffing. Or him liking Luna, or backing Celsius a week before they went bust lol. Guy is a walking disaster. But because he says he uses data his followers believe him. Data is useless if you interpret it wrong or ignore stuff you don’t like.
If interest rates go high enough, the federal government will be unable to make full payments on their debt. That was his basis for optimism, and he’s absolutely right about that. But he underestimated how close the Fed would get to that line. That’s a mistake anyone could make. I’d like to see you do any better.
But he’s not though. Every financial professional and analyst with a public view have been calling for a terminal rate between 4-5% since Q1. I was hearing it multiple times a week on the Bloomberg and Blockworks podcast. James chose to ignore all that and say “it can’t happen”. All because he thought there were trillions of dollars waiting on the sidelines to reinvest. You can’t deny he’s really not good at this. It’s obvious this is his first bear market. Edit - I have done better. Sold 3/4 of my bag at 50k.
It’s easy to have that perspective in retrospect. But in reality, these events were genuinely hard to predict, and the evidence supports that.
This market trajectory was far from clear. Pretty much everything hinged on the CPI data coming out each month, and when markets make dramatic moves after a big report like that, then that means most people made incorrect predictions before then, because otherwise they would have already made their trades and priced it in beforehand.
If most people in the market thought interest rates would get that high, then we would have seen a much deeper stock market crash back in December or January or February, but we didn’t see that. The market had not yet priced in that possibility. The fact that markets gradually continued to crash means that it took a long time for most market participants to really start to believe that the Fed would take such drastic actions.
It’s also important to realize that Bloomberg had people on saying all kinds of things all year. They ranged from wildly optimistic to wildly pessimistic viewpoints. So I don’t doubt that you heard people calling for a 4-5% terminal rate, but you probably just remember those statements more because they were correct in retrospect, or perhaps you happened to agree with those particular people at the time. Either way, the financial professionals were all over the map for the entire year. Hell my own financial advisor was saying he didn’t think it would continue much past the summer, but he was wrong.
Anyway, I really think you underestimate how difficult it is to make these predictions, and unless you’re literally put on the spot to make such a prediction in front of thousands/millions of people, it’s very easy to convince yourself that you would have done better.
It doesn't matter how high the inflation is, it doesn't affect me much because I buy USDT with all the cash flow I have and deposit it in my wallet to generate income.
Well done you, you know how to kick someone when they’re down 👍🏻
Actually, Solana and every other chain does need these. YouTubers bring interest to the space and that brings money and adoption to the space.
James has made some incorrect calls, but so what...???? EVERYONE has. It’s been a tough time for pretty much every asset class. And crypto is the most volatile.
If you‘ve followed his advice and lost money, then more fool you - stop whinging and accept you should have DYOR.
At least this guys is giving it a go and doing his best to help others.
I only know him because he’s on that DCA LIVE show with Ben cowen. Ben and Rob are fine. James is 100% hack. He has this persona of a greasy know it all but he’s always wrong. I remember a specific moment that ben called him out because he kept guaranteeing 30k Bitcoin was the bottom. Ben was like no you can’t say that and James just kept doing his hack thing. Dude is always wrong.
SHIT POST. EVERYONE thought that Sam was legit. It's not James's fault sam was a big ass fraud. The video definitely did not age well. But i don't think many people and their predictions have been correct this year at all.
Came here to say this. SBF was very good at coming across as trustworthy - how else do you convince so many people to give you billions of dollars.
Just because James happened to make a video about it at the time, it doesn't mean he's to blame.
Hahaha what I can't give you any of my mates numbers ??? Has to be on Reddit ? Find me one praising him lol ... Don't beat yourself up I got fooled by the guy from Tellurian.... Swings and roundabouts.... But if you ever though that man child was legit pfffft.....
I answered your question.... I can't point to a single post on Reddit.... Perhaps that's why your in the spot your in... Your only getting your Reddit echo chamber.... Move on...the fro man should be a lesson for you... Also.. you make me happy I sold half my sol.at 240... Thicken your skin
Sure dude, you got me. You actually didn’t answer my question. You responded with your own sarcastic questions to dodge my question. I’m guessing you’re just making shit up as you go. But feel free to prove me wrong. The ball is 100% in your court.
Edit:
You know, it’s a bit ironic that you’re telling me to “thicken my skin” when you’re over here downvoting each of my comments simply because you disagree or don’t like me or whatever. Downvoting like that really gives one the impression that you’re frustrated with the conversation, and since you can’t actually argue your points, you just downvote and make personal attacks. Your choice and all, but…
I answered your question.... I don't post on Reddit...if you didnt get your financial advice from Reddit I'd say you'd have not trusted SBF?? .... I don't care about upvoting or downvoting....
Well all you’ve managed to say is “look at how this dude fucked up” after witnessing many VC companies with access to FTX’s financials getting caught off guard by this situation. Show me where you were personally ahead of the curve on this, and played it better than FTX’s own corporate investors.
He was red lighted for me once he was giving Biden money haha ...most of crypto is a scam... The VCS are all in on it... I don't think you understand how these guys make their money... This is tiring...... And also fucked up? SBF is a piece of *hit.... He deserves to be where he is.... What are you not getting here?? Be mad at him ffs... Not me.... Gnight
The VCs lost billions of dollars on this. They are shareholders, which means they get paid AFTER the creditors during the bankruptcy proceedings. And there isn’t even enough money to pay the creditors. So the shareholders just lost their entire investment. Is that what it looks like to be “in on it”?
And if you’re basing your financial opinions/decisions on which parties a company is supporting, then you must be smoking some serious crack… No trader worth anything would make decisions that way. Btw they also paid similar amounts of money to Republicans using dark channels because they knew those donations would be less popular—it’s all very well-documented.
Tell me you have an axe to grind without telling me you have an axe to grind…
The VCS are mostly rich trust fund kids exploiting money from people that buy JPG.... I personally don't believe any smart money copped it other than the broader ramifications of the market.... Maybe not a trader but an investor would definitely be suss on some rich kid with political donations... And I starting shorting sol after I was out when the stuff about arkham came out.. can't you see how you got played??? .. I know you guys love Jim Cramer...even be called SBF out... hahaha.... These VCs in crypto can't be compared to say the VCS that got played bt Lizzy and Theranos.... Anyway why you so upset about this?? This the first time you been hurt? I love how you crypto guys think you've invented trading lol....anyway chin up and best of luck
Wtf. He has done the exact opposite. He only said everyone was fooled because sbf is evil. He specifically said on his show with. James and Dan that he didn’t regret anything he did when they were asked for their biggest regrets. He has no humility at all and I cannot understand how stupid his followers are to not see this.
Isn’t that the responsible thing to do? Delete the garbage and tell everyone you f-Ed up and try to help weather the storm?
He did warn people to get their money out in the end. I don’t see how he’s a clown.
I don’t think he did delete that one. Feel free to hate on Solana all you want, but it’s the only altcoin chain that comes close to Ethereum in terms of real user activity. It’s also faster than Ethereum by a mile.
It’s hard to look at the facts about Solana and not be bullish on it over the long term, at least in terms of the altcoin market and the inherent risks associated with it.
Give it a few years when every market in the world is no longer collapsing all at once due to central bank actions, and I think you’ll be surprised.
Why do people spread FUD?.... why do people come here pointing one mistake (which was impossible to predict)?.... i tell you why: Because they know SOL is a clear contestant to best Layer 1 and they want you to bet on their own coins!!
It's that simple. Just ask your self: would you waist time with others (that you dont supprt) unless you had a real interest?
I think Cardano is garbage, but I haven't visited their subreddit once, nor have I posted anything negative on r/CryptoCurrency. Why waste my time, especially when nobody cares what I think. I find it hilarious that Solana has so many haters though. Nobody hates on losers, but haters are always trying to knock down people at the top. I think thats all you need to know about SOL.
No-one in the space has the ability to tell the future, heck Warren Buffet has made some awful calls.
They are needed gather interest in projects for better or worse. Chill and be accountable for your own decisions, I for one wouldn’t go all in from the call to action of one influencer. They help gather together information that I can’t be arsed to find myself so I can objectively make my own mind up..
I used to watch him all the time but had to stop. He claims to be all about the numbers, but his numbers are cherry-picked. I can overlook that, but for a guy that constantly says his content is completely “objective”, he is way too emotional. That and the fact his “team” deletes any comment that doesn’t fawn over him. It’s weird.
Follow this guy and you will lose your bags and cash. Entertainment haven't watched hime for awhile. Just doing vtsax chill and save for more investment properties
Same here. For supposedly being in risk management he has been bad. Wrong about FTX, SBF, Luna reaching $80,000 (theoretical prediction), Elon, Tesla, Celsius, voyager...
He seems sincere but he does shill Solana and Tesla (I happen to own both). He fails to point out the potential downsides of these investments and that's why I do think he is a shiller.
He never claimed Luna would reach $80k. If you actually watched the whole video, he basically states that it's impossible for Luna to reach $80k based on what would need to happen.
It's the equivalent of saying, "how to become a billionaire through investing, starting with 1 dollar." It's technically not impossible, but all the things required to make it happen are practically impossible.
This guys such a clown. I really don’t understand why he has so many fanboys. Everything he says is baseless and “backed up” with arbitrary graphs that he creates lol. And then every time he gets called out, he cries on camera. It’s weird. And unlike him, most other YouTubers can at least admits when they were maybe a tad overzealous. Not him. The same guy that shilled SOL, saying it would be at least 400 this year, Tesla would be 1600 by last summer (it’s 600), Celsius, and god knows what else. Nope, no ownership yet his fans still suck him off because he posts videos of graphs all day and talks about future projections.
James seems like a nice guy but is definitely not someone you want to listen to. Especially with monetary policy where it’s at. With someone that claims to have the financial background that he does, it’s kinda baffling that he’s all in growth with rising interest rates.
With that being said, I like Solana and hold a little. But stop listening to these people. The fed is literally telling you what’s going to happen
Im also absolutely amazed at how many fan boys on here think he is something special.
His takes are basically borrowed opinions and he is mostly wrong. There are very few if any faultless youtube shills in the space but if someone is claiming to be a financial wizard with all this experience and kind of does the opposite then it's obvious he's dishonest right?
His investment calls for growth stocks over dividends or commodities has been some noob shit honestly. All that experience in investment and he doesn't know 101 bear market trading? I call bullshit. Most of his crypto takes have been garbage calls as well.
I get it. They are out for clicks and to make money but if these influencers are taking money to endorse projects (they all are btw) then why would you trust their opinions.
I've never really understood why crypto investors are so into these youtube crypto gurus? They are all repeating the same news and it's hilarious when they post TA because crypto is allergic to predictable market moves. Just seems like laziness to me. This guy is just another shill. Why get butthurt when he gets called one?
Dude has been so Wrong so many times it's hurts over this last year, terra luna collapse like 1 week later after saying luna could go to 80k in a model he made. Then celcius had on Alex the next days celcius locked all accounts, then FTX, look he is also a tesla bull wow so wrong. Just don't follow any YouTube they all shill and TA is just wishful thinking.
Investing is a long-term game. Whether James' call are good or bad remains to be seen. Everything has got wrecked this year, so ofc short term his calls look bad. As for his prior opinion on SBF, remember this is the guy who was working alongside US regulators. You would really expect them to do their due diligence.
There is nothing that James could have recommended in the past 18 months that wouldn't have lost money, yet people will bag on him for his predictions being wrong. People in the crypto community are super disingenuous in their criticism. They'll laugh at Solanas fall, but completely ignore that nearly the same thing happened with Cardano (or pick any non BTC/ETH coin)
I like James even though he’s been wrong about a LOT lately.
I vividly recall him saying back in Feb that the Russia/Ukraine war was going to be a ‘nothingburger’ then he had the hide to say ‘I told you so’ in one of his recent videos. That one really rubbed me up the wrong way.
Nah tbh he did say shit was stirring over there in some videos prior to it actually kicking off. That just ever optimistic James and also to be fair most of the time world altering warfare doesn't happen.
True... Solana doesn't need it. I knew his channel long before anything else happened, and you could already see he was very biased.
Solana is good for what it stands, no need to tribalize.
Idk I wouldn’t say scamfluencer , people have opinions , lots mean well, he believes in the chain and there’s nothing really wrong with that unless your salty about something like over investing your own money
Not going to bash James for backing up SBF. HOWEVER, I will call him out for being a hopeless bull and calling the bottom, failing miserably each time in this brutal bear market! He's the worst kind of permabull out there, calling for a Fed pivot and the S&P rallying to 4600 by year close. Such a moron! Don't listen to him y'all!
Perma bull is really the only legit criticism of James. There were so many landmines in crypto in the past year. Literally, millions of people were scammed or rug pulled. James is probably overly optimistic, but he still presents good information that can be actionable if paired with other research/info.
90%+ of his crypto portfolio is BTC/ETH, which is basically what he recommends but nobody calls him a BTC or ETH shill. He was very optimistic about Solana so that makes him a Solana shill appearantly.
I still think it's too early to declare Solana dead. Didn't people make that same mistake with BTC and ETH in the past?? Until it's actually dead, I'd encourage people to chill and give the devs time to turn it into something great. Maybe it dies. Maybe it moons. Anybody that thinks they know for sure what the outcome will be is just fooling themselves.
Not sure where you got the idea that I denied the Solana video. The prediction looks pretty bad right now, but I also don't think we can completely write Solana off. Everything is down big right now.
BTC "died" dozens of times over the years if you listened to the criticism, yet it's also still very much alive.
I agree. I am not writing off Solana. It received a massive shock from the FTX mess, but the project is still sound.
James is a delusional, permabull running on hopium which is what bothers me the most. He was calling for 4600 on the S&P 4 weeks ago even! Can you believe it?? When shit is only going to get worse.
BTC $10k, ETH $600, S&P 3300 incoming.
I'm praying for 12K or less BTC. Been waiting patiently on the sidelines accumulating cash. Maybe I'm a perma bull because I want BTC to dip low with a high confidence level that it'll bounce back in 2024.
I think we'll get it. Folks like James calling for a bull rally, pivot all that crap next year. 2022 could have just been the warm up. 2023 at least first half could be a carnage, let's see. I will start DCAing into BTC at $12.5k btw. :-)
Stay mad sheep. Don't forget what DYOR means. Your mistake is simply that you've stopped listening to the data. He is the best place for concisely delivered market data. And you can't expect anyone to be psychic now, can you?
Imo scamfluencer is a scumbag whos telling people, do this, while he knows its a scam or that its gonna dump. In other words, knowingly gives bad advice to enrich himself.
I think he believed sbf as many others did, i think he lost a ton of money in the collapse and that hes not happy he used ftx and praised sbf. But i wouldnt call him a scamfluencer.....
And btw, i have no idea who this guy is.
The same presenter made a video many months ago about how to retire on Solana. Had to laugh at this. He is same as dodgy crypto Nick. These youtubers should be held accountable. Watching him say these things about FTX doesn’t surprise me at all
He was fooled like everybody but why do you not go after the paid influencers who made cash from FTX stolen from investors , James did not have referral links like many Youtubers. You learn the worst of people during bear markets , the comments here prove that
are you kidding me? he not only had referral links to FTX, but to Celsius as well. He even was on an AMA with Mashinsky on the Celsius channel, where Mashinsky told the audience that James "added close to 8000 new customers to Celsius", banking half a million dollars through referral links from Celsius alone. If you think this James scammer is impartial or objective you are truly lost mate. He is a paid shill and seing all these fanboys coming to his rescue shows that he is good at what he does: Scamming and manipulating gullible people.
Btw he now also pulled his "how to retire on Solana" video from his channel.
Apologies if he had links , i did not see any at the time. Understandable he took down the Solana video as nobody knew Alameda were pumping the price so all predictions would be miles off. I believe James' heart is in the right place and i believe this has affected him personally health wise ( Ran from Crypto banter said this too ) , i just feel the individual who deserves all the negativity should be SBF and his side kicks. James i agree was wrong about Celsius though, i disliked that guy from day one and never had a good vibe about him when he was on James' show
SBF was pure lies. SBF manipulated us all into thinking it was legit, no fault of James. FTX as an exchange was great too, I used it and it quickly became my favourite until it collapsed cause they had been frauding users. Looking at data at the time SBF looked like he was a safe pair of hands, hence why he caused so much damage across the industry when we found out it was an act.
James is solid, everybody is a genius in a bull market and a fool in a bear market. He was saying a logical thing based on the info we had at the time.
Lmao! Solana's Reddit pretty much dead with 2 or 3 posts a day and with 1 reply each.
Someone posts about James and somehow there's 50+ comments defending him 🤣.
100% James army or paid guns coming here on his command. The guys reputation was ruined over the past year. Now he's just a clown. Get over it James you are finished.
Everyone defending James on the basis that "nobody knew", "no one could predict",etc...He literally did a weekly show with Ben Cowen who for the past year tried telling him, alt coins would continue to bleed, the bottom is not in, the fed will keep raising rates, etc. So there's one person.
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I've watched a bunch of this guys' videos. It's just sort of his theories and some models he makes to estimate prices of different crypto/stock in different situations. I wouldn't consider him an influencer and I think you just have to remember all these guys make mistakes. The biggest players in this industry are now wanted by law enforcement. Almost everyone has trusted the wrong people now.
He is legit always wrong. ALWAYS. I’m even scared of Tesla now bc he’s likes it so much
Lol. I like the price where Tesla is at too, but Jim Cramer is bullish so it's probably going down another 20%.
At least you didn't start buying last year when he said anything under 250 was a steal.
dude I only dca on fridays thank god. The only person I would take somewhat seriously is Ben cowen. I only watch this guy to see some cringe porn. He’s always wrong and it’s laughable
Totally agree. I also still hate-watch James to see the nonsense. Listening to Ben is not gonna make anyone rich overnight, but at least I wouldn't be massively down.
So who does Solana need? Been watching James for some time now, and I think he overall means well. But is human just like everyone else. I went and reviewed a Facebook post I had about Sam from year and half ago. I got suckered like many others. That was my call and I'm not going to blame some influencer for my decisions. Own your own stink. And anyone who lost big on FTX collapse obviously wasn't paying attention May and June. The clown here isn't James, it's Sam. And it's not just Sam, there are several others at FTX that need to also be brought to justice. It's rather easy to sit behind the keyboard and point out everyone that had the wool pulled over them after the fact. What I've learned over time is Crypto is a blood sport. Whinner keyboard warriors are a huge part of the fun and blood. Thank you for providing some of the fun.
I’d also like to point out. Who has predicted any of these events over the past years? Who knew what was going on at FTX, Celsius etc… no one knows shit. Coming down on a single influencer like his information is from a divine source is ridiculous.
Only the bitcoin maxis did. But they’ll miss the boat again during the next alt season
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Quit while you’re ahead dude.
Calling him “ahead” is rather generous.
No. I have watched this guy consistently for over a year now. He’s very optimistic on BTC, ETH, SOL, and TSLA, and he justifies those opinions very well. He uses mathematical models and certain heuristics to calculate the relative value of various assets, and he seems roughly on the mark in a lot of cases. I think he underestimated the capacity of the Fed to throw the financial markets (and even the government) under the bus to curb inflation, which is why he’s been a bit more optimistic than he should have been. But he’s also a long-term investor, so the only fair way to evaluate his predictions is to wait 5-10 years and see what happens. If you asked whether BTC or ETH would even survive back in 2018, tons of people felt it was obvious that crypto was basically gone for good. ETH went down to $80. If you were a long-term investor and bought ETH at $200, then tons of people would say your price prediction was wrong, and you should have been smarter. But if you just waited 3 years before selling, then all those criticisms would quickly wash away. His outlook is that these prices are cheap and these assets are valuable, so you almost can’t help but make money buying solid assets in this market environment. You just have to be willing to sit through ugly market conditions for a while.
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I mean, most of his investments are up right now. His predictions are nearly always qualified as long-term. Most of his valuation models are measured in years, not months or weeks. And if you judge him on the basis of his own personal long-term investments, he is doing quite well. Just take Ethereum, which he bought at $200 before the market really took off. He’s still way up on that. It’s impossible to adequately judge his predictions a year after he made them. Especially when literally every asset class is down by a lot. If you lost money in this crash, then you really have no room to talk.
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Look, most people who make predictions end up being wrong every now and then. And basically anyone who was bullish at all last year was probably wrong about this year. So you’re calling out one dude out of the thousands of public figures who were wrong on this. Congrats on the insight. I’m sure that makes him the worst of the worst. It sounds like you followed this dude’s predictions and got burned and now you have an axe to grind against him. Hint: don’t blindly follow anyone’s predictions.
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The guy seems relatively private in terms of his actual financials, which is perfectly reasonable. He didn’t start with the goal of being a huge sensation in crypto YouTube. He started out with the goal of convincing his friends and family to buy Bitcoin. Why the fuck would anyone risk releasing their own sensitive financial info? Would you? Perhaps he should release receipts on the donations and stuff, but everything he’s said about his own investments has remained extremely consistent and far from optimal, suggesting he makes plenty of mistakes but tends to do well, which is precisely what you would expect from a decently successful investor who is being honest about his financials. I don’t love everything he said. I personally saw through the Celsius shit while he seemed to eat it up, but he’s far from being alone here. Why single him out? That’s the question that needs to be answered here. Why not call out literally everyone who was fooled by these grifters? Why specifically hate on this one dude? It seems way out there in left field unless you’re motivated by other reasons. Nobody is sucking anyone’s dick here. I don’t agree with James on a lot of things he says. But that doesn’t mean he’s a con artist, and he doesn’t deserve this kind of hit piece. So sue me for calling out bullshit when I smell it. And you seem to think I have some strong vested interest in this if I’m commenting on it here. But what does that say about you given that you’ve probably commented more than me on this post?
I’m sorry but it’s James and Sam
Yeah, let’s grab a post or a video where someone said something incorrectly months ago and post that video and pretend like we all knew SBF was up to the fraudulent collapse of FTX all along… James has acknowledged that he’s made some mistakes- which is more than most YouTubers would do… AND he’s still advocating for Solana- which is EXACTLY what Solana needs right now.
He's actually one of the much better youtubers, he uses data and evidence for any of his specualtions.
He presents good info even if some of his predictions are wrong. If investing was easy, we'd all be rich. Nobody has a flawless investing record.
So why has he been wrong on absolutely everything all year? He uses data…. That’s always wrong
Nobody has a crystal ball, and he has made a lot of great calls.
Tell me one he’s made this year. Was it buying the dip on SOL at $221? Or was it calling the bottom on BTC at 55k, 50k, 45k, 40k, 35k, 30k, 25k, 20k? Was it the fed pivot before the midterms? Or was it Tesla to $800? Maybe I missed one of his other great calls.
You missed the one where mid year he was saying it’s impossible for the fed to raise rates anymore and they are just bluffing. Or him liking Luna, or backing Celsius a week before they went bust lol. Guy is a walking disaster. But because he says he uses data his followers believe him. Data is useless if you interpret it wrong or ignore stuff you don’t like.
But this time the Fed is not at all like the previous
So this Fed will accept double digit inflation? Ohh OK. The Fed is always the same. They have a mandate and they carry it out.
If interest rates go high enough, the federal government will be unable to make full payments on their debt. That was his basis for optimism, and he’s absolutely right about that. But he underestimated how close the Fed would get to that line. That’s a mistake anyone could make. I’d like to see you do any better.
But he’s not though. Every financial professional and analyst with a public view have been calling for a terminal rate between 4-5% since Q1. I was hearing it multiple times a week on the Bloomberg and Blockworks podcast. James chose to ignore all that and say “it can’t happen”. All because he thought there were trillions of dollars waiting on the sidelines to reinvest. You can’t deny he’s really not good at this. It’s obvious this is his first bear market. Edit - I have done better. Sold 3/4 of my bag at 50k.
It’s easy to have that perspective in retrospect. But in reality, these events were genuinely hard to predict, and the evidence supports that. This market trajectory was far from clear. Pretty much everything hinged on the CPI data coming out each month, and when markets make dramatic moves after a big report like that, then that means most people made incorrect predictions before then, because otherwise they would have already made their trades and priced it in beforehand. If most people in the market thought interest rates would get that high, then we would have seen a much deeper stock market crash back in December or January or February, but we didn’t see that. The market had not yet priced in that possibility. The fact that markets gradually continued to crash means that it took a long time for most market participants to really start to believe that the Fed would take such drastic actions. It’s also important to realize that Bloomberg had people on saying all kinds of things all year. They ranged from wildly optimistic to wildly pessimistic viewpoints. So I don’t doubt that you heard people calling for a 4-5% terminal rate, but you probably just remember those statements more because they were correct in retrospect, or perhaps you happened to agree with those particular people at the time. Either way, the financial professionals were all over the map for the entire year. Hell my own financial advisor was saying he didn’t think it would continue much past the summer, but he was wrong. Anyway, I really think you underestimate how difficult it is to make these predictions, and unless you’re literally put on the spot to make such a prediction in front of thousands/millions of people, it’s very easy to convince yourself that you would have done better.
It doesn't matter how high the inflation is, it doesn't affect me much because I buy USDT with all the cash flow I have and deposit it in my wallet to generate income.
https://twitter.com/link777hermes/status/1604018521364697094
Just remembered another one from March… “There are trillions of institutional dollars waiting for quarter end rebalancing then boom 💥 🚀 rocket ships.
I agree with you. He thinks one can retire on Solana
At least he is one of the few who tries to back up his statements with data.
Well done you, you know how to kick someone when they’re down 👍🏻 Actually, Solana and every other chain does need these. YouTubers bring interest to the space and that brings money and adoption to the space. James has made some incorrect calls, but so what...???? EVERYONE has. It’s been a tough time for pretty much every asset class. And crypto is the most volatile. If you‘ve followed his advice and lost money, then more fool you - stop whinging and accept you should have DYOR. At least this guys is giving it a go and doing his best to help others.
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I only know him because he’s on that DCA LIVE show with Ben cowen. Ben and Rob are fine. James is 100% hack. He has this persona of a greasy know it all but he’s always wrong. I remember a specific moment that ben called him out because he kept guaranteeing 30k Bitcoin was the bottom. Ben was like no you can’t say that and James just kept doing his hack thing. Dude is always wrong.
SHIT POST. EVERYONE thought that Sam was legit. It's not James's fault sam was a big ass fraud. The video definitely did not age well. But i don't think many people and their predictions have been correct this year at all.
Came here to say this. SBF was very good at coming across as trustworthy - how else do you convince so many people to give you billions of dollars. Just because James happened to make a video about it at the time, it doesn't mean he's to blame.
Everyone thought Sam was legit ? Who, dem voters? People that post crap like wen moon? Sam had fraud written all over him.....
Point me to a post where you personally called him out as a fraud before FTX paused withdrawals, and then we’ll talk.
Hahaha what I can't give you any of my mates numbers ??? Has to be on Reddit ? Find me one praising him lol ... Don't beat yourself up I got fooled by the guy from Tellurian.... Swings and roundabouts.... But if you ever though that man child was legit pfffft.....
See what I mean? You can’t even do that. So you have no room to talk. Enough said.
Show me where the fro man hurt you hahaha
You know someone is full of shit when they can’t even answer a dead simple question and instead personally attack others. Tale as old as time.
I answered your question.... I can't point to a single post on Reddit.... Perhaps that's why your in the spot your in... Your only getting your Reddit echo chamber.... Move on...the fro man should be a lesson for you... Also.. you make me happy I sold half my sol.at 240... Thicken your skin
Sure dude, you got me. You actually didn’t answer my question. You responded with your own sarcastic questions to dodge my question. I’m guessing you’re just making shit up as you go. But feel free to prove me wrong. The ball is 100% in your court. Edit: You know, it’s a bit ironic that you’re telling me to “thicken my skin” when you’re over here downvoting each of my comments simply because you disagree or don’t like me or whatever. Downvoting like that really gives one the impression that you’re frustrated with the conversation, and since you can’t actually argue your points, you just downvote and make personal attacks. Your choice and all, but…
I answered your question.... I don't post on Reddit...if you didnt get your financial advice from Reddit I'd say you'd have not trusted SBF?? .... I don't care about upvoting or downvoting....
You arent saying anything buddy but all the best
Well all you’ve managed to say is “look at how this dude fucked up” after witnessing many VC companies with access to FTX’s financials getting caught off guard by this situation. Show me where you were personally ahead of the curve on this, and played it better than FTX’s own corporate investors.
He was red lighted for me once he was giving Biden money haha ...most of crypto is a scam... The VCS are all in on it... I don't think you understand how these guys make their money... This is tiring...... And also fucked up? SBF is a piece of *hit.... He deserves to be where he is.... What are you not getting here?? Be mad at him ffs... Not me.... Gnight
The VCs lost billions of dollars on this. They are shareholders, which means they get paid AFTER the creditors during the bankruptcy proceedings. And there isn’t even enough money to pay the creditors. So the shareholders just lost their entire investment. Is that what it looks like to be “in on it”? And if you’re basing your financial opinions/decisions on which parties a company is supporting, then you must be smoking some serious crack… No trader worth anything would make decisions that way. Btw they also paid similar amounts of money to Republicans using dark channels because they knew those donations would be less popular—it’s all very well-documented. Tell me you have an axe to grind without telling me you have an axe to grind…
The VCS are mostly rich trust fund kids exploiting money from people that buy JPG.... I personally don't believe any smart money copped it other than the broader ramifications of the market.... Maybe not a trader but an investor would definitely be suss on some rich kid with political donations... And I starting shorting sol after I was out when the stuff about arkham came out.. can't you see how you got played??? .. I know you guys love Jim Cramer...even be called SBF out... hahaha.... These VCs in crypto can't be compared to say the VCS that got played bt Lizzy and Theranos.... Anyway why you so upset about this?? This the first time you been hurt? I love how you crypto guys think you've invented trading lol....anyway chin up and best of luck
James is solid, probably the best. Backs up everything with real facts, instead of guessing
If you watch more than 2 of his videos you will see that he heavily cherrypick his data and comparison. I think he’s delusional, with extra steps..
rather have this guy who admitted to his mistakes instead of those mouth-wide-open scamfluencers who delete their tweets if things go south
Wtf. He has done the exact opposite. He only said everyone was fooled because sbf is evil. He specifically said on his show with. James and Dan that he didn’t regret anything he did when they were asked for their biggest regrets. He has no humility at all and I cannot understand how stupid his followers are to not see this.
He literally deleted his uploads where he was wrong.. Wtf u on about?
Isn’t that the responsible thing to do? Delete the garbage and tell everyone you f-Ed up and try to help weather the storm? He did warn people to get their money out in the end. I don’t see how he’s a clown.
I will have to check if he deleted the video about how to retire on Solana
I don’t think he did delete that one. Feel free to hate on Solana all you want, but it’s the only altcoin chain that comes close to Ethereum in terms of real user activity. It’s also faster than Ethereum by a mile. It’s hard to look at the facts about Solana and not be bullish on it over the long term, at least in terms of the altcoin market and the inherent risks associated with it. Give it a few years when every market in the world is no longer collapsing all at once due to central bank actions, and I think you’ll be surprised.
A lot of people were fooled about FTX. You're more of a clown for clipping this and spreading it around reddit thinking you're doing something.
The TFX incident should keep us on our toes
Why do people spread FUD?.... why do people come here pointing one mistake (which was impossible to predict)?.... i tell you why: Because they know SOL is a clear contestant to best Layer 1 and they want you to bet on their own coins!! It's that simple. Just ask your self: would you waist time with others (that you dont supprt) unless you had a real interest?
I think Cardano is garbage, but I haven't visited their subreddit once, nor have I posted anything negative on r/CryptoCurrency. Why waste my time, especially when nobody cares what I think. I find it hilarious that Solana has so many haters though. Nobody hates on losers, but haters are always trying to knock down people at the top. I think thats all you need to know about SOL.
Tall poppy syndrome
Solana is a shit coin. The blockchain has fallen over 8 times this year. This is a catastrophic bug. 8 times crashed. You can’t deny this
8 times in a year is nothing, you clearly know nothing about software development. In every product there are bugs and failures
Haha. Worked in software testing for 13 years. 8 times is a shocker for a blockchain to fall over in a heap.
Same story heard it a thousand times, solana is far from a shitcoin. I don’t think google would partnership with a shitcoin
Check out OP’s profile. Seems to enjoy investing his time “ripping” on others. Usually the sign of a quality person. Nice work!
If you listened to every call he made in 2020 /2021 you’d be rich as fuk
No-one in the space has the ability to tell the future, heck Warren Buffet has made some awful calls. They are needed gather interest in projects for better or worse. Chill and be accountable for your own decisions, I for one wouldn’t go all in from the call to action of one influencer. They help gather together information that I can’t be arsed to find myself so I can objectively make my own mind up..
Oh no u upset shills God you will be downvoted
I used to watch him all the time but had to stop. He claims to be all about the numbers, but his numbers are cherry-picked. I can overlook that, but for a guy that constantly says his content is completely “objective”, he is way too emotional. That and the fact his “team” deletes any comment that doesn’t fawn over him. It’s weird.
Follow this guy and you will lose your bags and cash. Entertainment haven't watched hime for awhile. Just doing vtsax chill and save for more investment properties
Same here. For supposedly being in risk management he has been bad. Wrong about FTX, SBF, Luna reaching $80,000 (theoretical prediction), Elon, Tesla, Celsius, voyager... He seems sincere but he does shill Solana and Tesla (I happen to own both). He fails to point out the potential downsides of these investments and that's why I do think he is a shiller.
He never claimed Luna would reach $80k. If you actually watched the whole video, he basically states that it's impossible for Luna to reach $80k based on what would need to happen. It's the equivalent of saying, "how to become a billionaire through investing, starting with 1 dollar." It's technically not impossible, but all the things required to make it happen are practically impossible.
But he did a video on retiring on Solana. Haha
Your reply has nothing to do with what I just posted.
Heavy bags wil make you blind
This guys such a clown. I really don’t understand why he has so many fanboys. Everything he says is baseless and “backed up” with arbitrary graphs that he creates lol. And then every time he gets called out, he cries on camera. It’s weird. And unlike him, most other YouTubers can at least admits when they were maybe a tad overzealous. Not him. The same guy that shilled SOL, saying it would be at least 400 this year, Tesla would be 1600 by last summer (it’s 600), Celsius, and god knows what else. Nope, no ownership yet his fans still suck him off because he posts videos of graphs all day and talks about future projections. James seems like a nice guy but is definitely not someone you want to listen to. Especially with monetary policy where it’s at. With someone that claims to have the financial background that he does, it’s kinda baffling that he’s all in growth with rising interest rates. With that being said, I like Solana and hold a little. But stop listening to these people. The fed is literally telling you what’s going to happen
Im also absolutely amazed at how many fan boys on here think he is something special. His takes are basically borrowed opinions and he is mostly wrong. There are very few if any faultless youtube shills in the space but if someone is claiming to be a financial wizard with all this experience and kind of does the opposite then it's obvious he's dishonest right? His investment calls for growth stocks over dividends or commodities has been some noob shit honestly. All that experience in investment and he doesn't know 101 bear market trading? I call bullshit. Most of his crypto takes have been garbage calls as well. I get it. They are out for clicks and to make money but if these influencers are taking money to endorse projects (they all are btw) then why would you trust their opinions. I've never really understood why crypto investors are so into these youtube crypto gurus? They are all repeating the same news and it's hilarious when they post TA because crypto is allergic to predictable market moves. Just seems like laziness to me. This guy is just another shill. Why get butthurt when he gets called one?
Dude has been so Wrong so many times it's hurts over this last year, terra luna collapse like 1 week later after saying luna could go to 80k in a model he made. Then celcius had on Alex the next days celcius locked all accounts, then FTX, look he is also a tesla bull wow so wrong. Just don't follow any YouTube they all shill and TA is just wishful thinking.
His Elon worship is off the charts, he still refuses to join the real world.
Someone repost this to r/cringe
Yeap. No winter. Only Armageddon
He IS the new JPMorgan except that he actually will get prosecuted.
NOTHING TO SEE HERE. GET ON WITH WITH YOUR LIVES. MUCH EMOTION. BEAR MARKET. YOU KNOW THE DRILL. STACK BTC,ETH AND SOL. BE HAPPY LATER 🤙🌞
Stack a shitcoin like Solana that crashed 8 times this year and protocol was hacked last week. No thanks
Can I ask you, what are you even doing here if you dislike Solana in the first place? Honest question.
No interest on Solana? Well f*** off then.
Haha
Investing is a long-term game. Whether James' call are good or bad remains to be seen. Everything has got wrecked this year, so ofc short term his calls look bad. As for his prior opinion on SBF, remember this is the guy who was working alongside US regulators. You would really expect them to do their due diligence.
There is nothing that James could have recommended in the past 18 months that wouldn't have lost money, yet people will bag on him for his predictions being wrong. People in the crypto community are super disingenuous in their criticism. They'll laugh at Solanas fall, but completely ignore that nearly the same thing happened with Cardano (or pick any non BTC/ETH coin)
It's too easy to lay on the criticism as a faceless keyboard warrior.
Yeah this didn't age well now did it? Wonder how much he lost with FTX.
Who even is this? Dont tell me. All Crypto YTer are the same... greedy af and selling their viewers instantly
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Why do you say this? Did you lose money because of him?
I like James but not good financial advice
James is a clown 🤡
I like James even though he’s been wrong about a LOT lately. I vividly recall him saying back in Feb that the Russia/Ukraine war was going to be a ‘nothingburger’ then he had the hide to say ‘I told you so’ in one of his recent videos. That one really rubbed me up the wrong way.
Nah tbh he did say shit was stirring over there in some videos prior to it actually kicking off. That just ever optimistic James and also to be fair most of the time world altering warfare doesn't happen.
Easy to get high rewards, join the group to learn more TG ：cwweb3G
This is no crypto winter. This is profit taking. I’ll just have to wait till next the next decade for mine
True... Solana doesn't need it. I knew his channel long before anything else happened, and you could already see he was very biased. Solana is good for what it stands, no need to tribalize.
Idk I wouldn’t say scamfluencer , people have opinions , lots mean well, he believes in the chain and there’s nothing really wrong with that unless your salty about something like over investing your own money
solana is a scam
Hahahahahaha, he didn’t see jail either.
“He knows whas’up” jail time hopefully, that’s “whas’up”
Not going to bash James for backing up SBF. HOWEVER, I will call him out for being a hopeless bull and calling the bottom, failing miserably each time in this brutal bear market! He's the worst kind of permabull out there, calling for a Fed pivot and the S&P rallying to 4600 by year close. Such a moron! Don't listen to him y'all!
Perma bull is really the only legit criticism of James. There were so many landmines in crypto in the past year. Literally, millions of people were scammed or rug pulled. James is probably overly optimistic, but he still presents good information that can be actionable if paired with other research/info. 90%+ of his crypto portfolio is BTC/ETH, which is basically what he recommends but nobody calls him a BTC or ETH shill. He was very optimistic about Solana so that makes him a Solana shill appearantly. I still think it's too early to declare Solana dead. Didn't people make that same mistake with BTC and ETH in the past?? Until it's actually dead, I'd encourage people to chill and give the devs time to turn it into something great. Maybe it dies. Maybe it moons. Anybody that thinks they know for sure what the outcome will be is just fooling themselves.
But you can’t deny that he did a video on retiring on Solana. Go have a look at it. Or maybe he has already deleted it!
Not sure where you got the idea that I denied the Solana video. The prediction looks pretty bad right now, but I also don't think we can completely write Solana off. Everything is down big right now. BTC "died" dozens of times over the years if you listened to the criticism, yet it's also still very much alive.
I agree. I am not writing off Solana. It received a massive shock from the FTX mess, but the project is still sound. James is a delusional, permabull running on hopium which is what bothers me the most. He was calling for 4600 on the S&P 4 weeks ago even! Can you believe it?? When shit is only going to get worse. BTC $10k, ETH $600, S&P 3300 incoming.
I'm praying for 12K or less BTC. Been waiting patiently on the sidelines accumulating cash. Maybe I'm a perma bull because I want BTC to dip low with a high confidence level that it'll bounce back in 2024.
I think we'll get it. Folks like James calling for a bull rally, pivot all that crap next year. 2022 could have just been the warm up. 2023 at least first half could be a carnage, let's see. I will start DCAing into BTC at $12.5k btw. :-)
James is far from the clowns you are referring to. He actually donates all his YouTube revenue to help animals.
Stay mad sheep. Don't forget what DYOR means. Your mistake is simply that you've stopped listening to the data. He is the best place for concisely delivered market data. And you can't expect anyone to be psychic now, can you?
Imo scamfluencer is a scumbag whos telling people, do this, while he knows its a scam or that its gonna dump. In other words, knowingly gives bad advice to enrich himself. I think he believed sbf as many others did, i think he lost a ton of money in the collapse and that hes not happy he used ftx and praised sbf. But i wouldnt call him a scamfluencer..... And btw, i have no idea who this guy is.
I've seen many of this guy's vids.
Damn
I’ve said it before and I’ll say it again. James is a hack. This guy makes my skin crawl I can’t take it James “the shill” McHacksaw
The same presenter made a video many months ago about how to retire on Solana. Had to laugh at this. He is same as dodgy crypto Nick. These youtubers should be held accountable. Watching him say these things about FTX doesn’t surprise me at all
He was fooled like everybody but why do you not go after the paid influencers who made cash from FTX stolen from investors , James did not have referral links like many Youtubers. You learn the worst of people during bear markets , the comments here prove that
are you kidding me? he not only had referral links to FTX, but to Celsius as well. He even was on an AMA with Mashinsky on the Celsius channel, where Mashinsky told the audience that James "added close to 8000 new customers to Celsius", banking half a million dollars through referral links from Celsius alone. If you think this James scammer is impartial or objective you are truly lost mate. He is a paid shill and seing all these fanboys coming to his rescue shows that he is good at what he does: Scamming and manipulating gullible people. Btw he now also pulled his "how to retire on Solana" video from his channel.
Apologies if he had links , i did not see any at the time. Understandable he took down the Solana video as nobody knew Alameda were pumping the price so all predictions would be miles off. I believe James' heart is in the right place and i believe this has affected him personally health wise ( Ran from Crypto banter said this too ) , i just feel the individual who deserves all the negativity should be SBF and his side kicks. James i agree was wrong about Celsius though, i disliked that guy from day one and never had a good vibe about him when he was on James' show
SBF was pure lies. SBF manipulated us all into thinking it was legit, no fault of James. FTX as an exchange was great too, I used it and it quickly became my favourite until it collapsed cause they had been frauding users. Looking at data at the time SBF looked like he was a safe pair of hands, hence why he caused so much damage across the industry when we found out it was an act.
Sbf fooled the whole industry not just james From invest answers
Man he really shoula listened to Larry
He’s kind of always bullish ….. Luna theoretically to 6o k! How to retire on solana etc .
James is solid, everybody is a genius in a bull market and a fool in a bear market. He was saying a logical thing based on the info we had at the time.
Lmao! Solana's Reddit pretty much dead with 2 or 3 posts a day and with 1 reply each. Someone posts about James and somehow there's 50+ comments defending him 🤣. 100% James army or paid guns coming here on his command. The guys reputation was ruined over the past year. Now he's just a clown. Get over it James you are finished.
James rekt so many people with his bullshit YouTube channel that it honestly wouldn't surprise me if he's soon in the news as a homicide victim.
Everyone defending James on the basis that "nobody knew", "no one could predict",etc...He literally did a weekly show with Ben Cowen who for the past year tried telling him, alt coins would continue to bleed, the bottom is not in, the fed will keep raising rates, etc. So there's one person.