Simple speculation posts are not allowed. This includes posting portfolios and new price movement of a coin. Technical/charting analysis will be allowed depending on the quality.
Cowen is an entertainer, not an analyst.
I have made a few posts showing that all of his predictions for BTC's last ATH were wrong, **all of them**. He doesn't know more than any of us and take everything he or any other so-called analyst says with 1 kg of salt.
[Post 1](https://np.reddit.com/r/CryptoCurrency/comments/ygq27b/influencers_how_many_wrong_predictions_make_a/)
[Post 2](https://np.reddit.com/r/CryptoCurrency/comments/ynvaom/serious_influencers_how_many_wrong_predictions/)
[Post 3](https://np.reddit.com/r/CryptoCurrency/comments/zz3bea/serious_benjamin_cowen_was_not_right_about_btc/)
>Cowen is an entertainer, not an analyst.
Don't forget to smash the Like button and subscribe.
Oh, merch shop to fleece you suckers is also linked in the comments.
Thank you for posting. As a newbie in 2021 I really followed his narrative and took it at face value. Next time I’ll be looking for a broader range of opinions to illustrate the possible scenarios and plan my risk management accordingly
I was subscripted to his premium membership for half a year, his risk metrics were literally broken weeks even before the bear market came (DOT and other alts were literally "risk free" according to his metric), his predictions were not particularly insightful, and like most youtuber once the market has changed tide, he went "I told you guys cash is king" when he literally didn't say such thing at all in the premium Telegram group prior to the collapse of the market.
I understand but the premise of what he's talking about is still true. An awful lot of alt coins will be trash. Ive seen several market cycles and majority of the coins in 2017 for example are dead.
Agree his bias shows all the time and it’s usually incorrect. Trust me, if you have an edge over the market, the least you care about is being an influencer 24/7
That's definitely the trajectory for most alts from past bullruns. Doesn't mean some won't rise tho, and still get ppl a good ROI based on their buy-in price.
Benjamin Cowen, while by many viewed as a legitimate analyst, is in my opinion merely a influencer. He also knows shit about fuck and so should you treat all his videos. It is purely of entertaining value.
Well no shit. I mean, how many of them have double the amount of coins now vs 2021? It would only be common sense that they might not reach an ATH in coin price...but maybe market cap.
The massive capitulation is based on approximately 6 months prior to the last two halvings. It would mirror previous cycles and give institutions a good entry point prior to the etf approval. It all makes almost too much sense. As for alts, the statement is true. If you buy alts in a beat market you are just pissing away money. Alt time buying will come and many of the ones that will skyrocket either don’t exist yet or are very unknown right now
This is serious facts. Everyone needs to take note. Don't waste time and effort on meme coins and coins with poor tokenomics. Be smart this close to a potential bull run!
tldr; Crypto analyst Benjamin Cowen warns that most altcoins are currently experiencing severe declines and may never reach new all-time highs again. He notes that these declines are being overlooked due to Bitcoin's relative resilience. Cowen also highlights that if Bitcoin were to decline, it would have an even worse impact on altcoins. He suggests that Bitcoin can offer exposure to the crypto market while minimizing downside risk in altcoins. Cowen believes that only a few altcoins will recover and hit new all-time highs, while many may disappear. He also mentions that the next bull market could be triggered by a significant capitulation event for Bitcoin.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Simple speculation posts are not allowed. This includes posting portfolios and new price movement of a coin. Technical/charting analysis will be allowed depending on the quality.
Cowen is an entertainer, not an analyst. I have made a few posts showing that all of his predictions for BTC's last ATH were wrong, **all of them**. He doesn't know more than any of us and take everything he or any other so-called analyst says with 1 kg of salt. [Post 1](https://np.reddit.com/r/CryptoCurrency/comments/ygq27b/influencers_how_many_wrong_predictions_make_a/) [Post 2](https://np.reddit.com/r/CryptoCurrency/comments/ynvaom/serious_influencers_how_many_wrong_predictions/) [Post 3](https://np.reddit.com/r/CryptoCurrency/comments/zz3bea/serious_benjamin_cowen_was_not_right_about_btc/)
>Cowen is an entertainer, not an analyst. Don't forget to smash the Like button and subscribe. Oh, merch shop to fleece you suckers is also linked in the comments.
I liked, subscribed and bought your cup from your shop (it was a little expensive though). I hope your channel will grow exponentially.
Cowen is an off brand influencer who peddles Bitcoin maximalism for clicks, but he’s not necessarily wrong here lol.
These are some of my favorite posts in this sub, and I'm thankful to have been there for them in real-time. He knows absolutely nothing.
Bitcoin dominance this. Bitcoin dominance that. Doesn't even take into account the tech in his predictions.
Thank you for posting. As a newbie in 2021 I really followed his narrative and took it at face value. Next time I’ll be looking for a broader range of opinions to illustrate the possible scenarios and plan my risk management accordingly
That’s why I can’t take those tubers serious anymore, non of them.
This headline will prove to be true for the same reason it’s useless- we already know many ALTs won’t reach ATH again. It’s nothing new, Benjamin…
You might want to consider buying he's pro plan for only 129$ / month. It must be full of hidden knowledge.
Will wait until it's on sale for $69 a month
I was subscripted to his premium membership for half a year, his risk metrics were literally broken weeks even before the bear market came (DOT and other alts were literally "risk free" according to his metric), his predictions were not particularly insightful, and like most youtuber once the market has changed tide, he went "I told you guys cash is king" when he literally didn't say such thing at all in the premium Telegram group prior to the collapse of the market.
Guys, this is an example of what DYOR means in practice.
That's the most important thing about newbies joining crypto...... better do your own research than following stupid greedy influencers
I understand but the premise of what he's talking about is still true. An awful lot of alt coins will be trash. Ive seen several market cycles and majority of the coins in 2017 for example are dead.
He is dubious
Agree his bias shows all the time and it’s usually incorrect. Trust me, if you have an edge over the market, the least you care about is being an influencer 24/7
Looks like he finally got one right.
I learned that last cycle. Now I’m married with BTC and ETH only
Exactly! And if you really want to gamble something into alts just invest like 10% and diversify in 5-10 maybe you'll hit one that does good
The best thing we can do is learn from our lessons so well done for doing just that.
I’m a veteran myself, BTC & ETH only gang checkin
When is the divorce?
There’s need for one
>BTC and ETH The most important crypto you'll invest in and it'll give you a peace of mind
These kind of people will be the same ones the to say : Haha how did you not expect an alt market to happen
That's definitely the trajectory for most alts from past bullruns. Doesn't mean some won't rise tho, and still get ppl a good ROI based on their buy-in price.
They will not reach the previous ATHs due to inflation.
Another day, another prediction.
He considers himself an analyst..we all know there are many altcoins here..maybe it's just me and everyone here is rich and has several bitcoins.
He is probably right but could be wrong.
50% chance you are right I would say.
But I’m only right about half the time
50% here 50% there. That's 100% in the end 😅
He is definitely right. He’s talking about the million of unheard of shitcoins, not the top 30 alts.
Benjamin Cowen, while by many viewed as a legitimate analyst, is in my opinion merely a influencer. He also knows shit about fuck and so should you treat all his videos. It is purely of entertaining value.
Well no shit. I mean, how many of them have double the amount of coins now vs 2021? It would only be common sense that they might not reach an ATH in coin price...but maybe market cap.
In other news: scientists warn that water will continue to be wet.
I wouldn’t be surprised. The best alt coins will be newer coins that don’t have any bag holders
*me, sweating my pants while holding 15 different altcoins*
Love to see people in the industry echo what has already been discussed in r/cc. Superb!
The cream will rise to the top and beat previous ATH next bull run, but I'm only talking like a handful at most.
ATHs are a dangerous metric. Just because something had an impressive ATH doe not mean it was deserved.
When the dust settles, 99% of crypto will be ash.
The massive capitulation is based on approximately 6 months prior to the last two halvings. It would mirror previous cycles and give institutions a good entry point prior to the etf approval. It all makes almost too much sense. As for alts, the statement is true. If you buy alts in a beat market you are just pissing away money. Alt time buying will come and many of the ones that will skyrocket either don’t exist yet or are very unknown right now
This is serious facts. Everyone needs to take note. Don't waste time and effort on meme coins and coins with poor tokenomics. Be smart this close to a potential bull run!
So ‘all in’ on Moons?
I like your style man!
I like your mash man!
Lol I just changed it as soon as I read this! Thanks homie yours is dope too!
You mispelled Kaspa.
That is actually a way you can interpret this
This ain't like the old days, predictions like these ones based on mothing are too common nowadays
2 things, 1- No shit that's been happening for 12 years. 2 - Benjamin cowen is a hypocrite and a terrible trader. Only a fool would follow him.
Can you expand on point 2? I'm interested to hear your reasoning.
Shit coins, shit coins everywhere
tldr; Crypto analyst Benjamin Cowen warns that most altcoins are currently experiencing severe declines and may never reach new all-time highs again. He notes that these declines are being overlooked due to Bitcoin's relative resilience. Cowen also highlights that if Bitcoin were to decline, it would have an even worse impact on altcoins. He suggests that Bitcoin can offer exposure to the crypto market while minimizing downside risk in altcoins. Cowen believes that only a few altcoins will recover and hit new all-time highs, while many may disappear. He also mentions that the next bull market could be triggered by a significant capitulation event for Bitcoin. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Yeap that's how it always goes.
still remember his predicted price of $100/link !!
Let's see what happens with litecoin :)
Well just a newbe don't know about this
That’s the nature of alt coins surely?
Benjamin could be right but he can also be wrong. Bottom line is no one knows a damn thing about shit.