Does Technical Analysis Work? Here’s Proof! (Part 6)

Like a bloodhound, I’m now hot on the trail of “Janny Kul” after reading the comments following his TDA article with the same title as this blog mini-series.

An internet search reveals a longer article about what happened to the first commenter. He writes:

     > As I was doing my research into crypto bots, I came across articles

Interestingly, I came across Kul when searching on “technical analysis.” I had no idea he was involved with Bitcoin until he suddenly shifted gears and started writing about it as reported in the seventh paragraph of Part 4.

     > written by Janny Kul (https://www.linkedin.com/in/janny-kul/). The
     > articles came across very solid and I contacted Janny over the email
     > stated on credium.io. He came across as a trustworthy individual with
     > respectable experience in traditional finance. We exchanged a few

Remember what I said about [phony] online sources that appear to be reputable (fourth and final paragraphs here). Kul has impressive credentials on LinkedIn, the tone of his writing sounds professional, and in digging deeper I even found an article written about his success by a seemingly qualified author.*

     > emails after which I received a solicitation email from Credium advising
     > that they have opened up 50 positions for new investors to come in. So

Always watch out for scarcity marketing! Here is a crash course.

     > I deposited the funds in July 2020.

If this is fraud then it is very sad. I have written about the subject many times in this blog.

Further investigation reveals a lot more reasonable doubt regarding the sanctity of “Janny Kul.” I did an internet search for “credium scam janny kul” and found a number of international links:

• “The Best Crypto Trading Bot & Platform On The Cloud” is .ru (Russia)
• “Best Tested Crypto Trading Bots” is .belarus.kuhnya.ru
• “Binance Day Trading Bot Forex Millionaires” is .pe (Peru)
• “Exchange Differences Trading Bot Replication Strategy” is .in (India)
• “250 Minimum Bitcoin Auto Bot Trading Bitcoin Price How To Buy” is .fr (France)
• “Like what you’re reading? the best cryptocurrency trading bots in 2020” is .it (Italy)

Janny Kul is mentioned as the author of most of these articles, which gives the impression he is a real expert. Clicking on more than one of these brings me to an article “How a 26-Year-Old College Dropout Makes $15,000 a Month With Bitcoin and Cryptocurrency Without Breaking a Sweat,” which is a red flag. In case I was still not convinced, clicking on the links of some of the Facebook comments at the end of the article brought me—not to Facebook, but rather to a landing page:

This is a major red flag (and do not try this at home without running a scan for malware afterward).

In the end, I got a couple good ideas out of “Janny Kul’s” online article on technical analysis. I’m not falling for anything more, though, and I’m certainly not going to be investing any money with him.

* — Some further digging suggests this to be a legitimate website although I
       would encourage everyone to scrutinize such websites that review targets
       in question as they may sometimes be fake themselves set for the express
       up purpose of shining a positive light on fraudulent people or services.