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RE: SCAM ALERT! Suppoman is manipulating his group?
That was my initial thought too...He's all about the HODL....most people lose money when trying to predict a high & then a low to get back in at. I suggest to my friends who are just getting into it to HODL once in unless they truly want out for good at a certain price. I wouldn't suggest "day trading" to anyone I didn't know couldn't handle it (ie: strangers just following me on social media) so I can't fault that as "scammimg" just different tactics.
I agree whole heartedly with what you just said and would like to add that selling any crypto within a year carries a high Capital Gains Tax event penalty in Australia (can be around 40% I hear). I intend to HODL everything I sensibly can until 1year has past and then I am free to sell whenever market favours. CGT will be much reduced then. The tax laws are still unclear. I have always found Suppoman advice very helpful and I regard his opinion highly - It is only one opinion though and I compare it with others before making my own mind up on any issue. He doesn't deserve the level of hate that has erupted IMHO.
I didn't follow him for a while, my post is 7 months old, probably one of the very first ones...