Verified C
I would rate the course as good but requiring improvement. Main reasons for this are: a) there is currently a complete disconnect between the content on the Members Telegram and the course - the course specifies we are looking at long term investing only and emphasizes the dangers of trying to time the market, and the telegram is looking at day trading on a minute-by-minute timeframe, using a platform which is not covered in the course at all. Aware there is a day trading course on the way but at the moment I think it is dangerous to be looking at daytrading (especially with leverage) on the telegram as people like myself will try to get involved without the proper knowledge. Subscribers feel like they are missing out then lose money when they research it on their own and get involved as there's no course content covering the specifics. b) There are things which are never explained on the course which are then referred to in the telegram - eg what is the right angular EMA line which always appears on the screenshots? We only know the 8, 18 and 200 from the course, so this one looks strange and makes us feel like we aren't being given the full picture. c) Some areas of the course are wholly outdated, eg the lesson on how altcoins no longer follow BTC. d) the content is mainly good, ie I found it very helpful learning to do the charting and use the different exchanges (except for the only one you seem to actually use, Bitmex). However I am currently down money and not sure why - no amount of re-watching videos which don't explain why is going to fix that. e) I feel the insta feed is a little misleading - for example I took a trade which went 40% up on 25x leverage after a big move, which was great and people were sending in screenshots of their ROEs, however as the indication had been given that we would go higher I (and I imagine many other members) didn't take profits - was then annihilated when the market crashed the following day and ended up on 100% loss. None of this was posted on insta! f) I think it is a bit irresponsible to be posting on insta about how everyone who doesn't take risk is a pussy; I understand that without risk there is no reward however it's easy to say you're risking 1BTC and making 3BTC on a trade when you have literally tens of thousands a week coming in in subscription fees from people buying the course. Obviously you took risks to get to that position, which is great, however encouraging people to risk their entire accounts on one trade, quit their jobs to take up trading full time etc doesn't feel like the right way to go. All that said, I am hoping the daytrading course is cheap enough to be worth getting - feel like there is a lot I don't know still about how price action works and identifying big moves in the short term and I would be willing to invest a bit more given I've already sunk a fair bit into learning Crypto stuff! I don't feel like a confident investor off the back of the course, which is what I was hoping for based on the insta and the marketing. Thanks for the base knowledge though, looking forward to learning more!
3 years ago
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Cryptonary has a 4.41 average rating from 433 reviews

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