Personally a technologist at heart, and a person whom values privacy and progress, would like to see decentralized systems and blockchain technology to flourish and it will, but now is not its time. A trader or investor, must not become attached to any particular asset class be it art, wine, stocks, crypto, classic cars, etc especially during times of mania.
Elliott Wave is totally nonsense!
There isn't something else in the trading community what is viewed as critical as this hoky poky wave prediction crap.
I don't any EW trader who is successful over the long run or always adjusting his wave count when got proved wrong again and again.
Focus on TA and forget about market or chart predictions in general.
Just react to what is happening in the charts and try to make some profits or just hodl for years!
Suppressing bad ideas can be as dangerous as the bad ideas themselves.
Better ideas must be allowed to emerge through an evolutionary process of creation, mutation, and critical selection.
We all must, protect the free exchange of ideas, the freedom to criticise, and the liberty to experiment.
Social order must be characterised by voluntary relationships and exchanges.
Support social orders that foster freedom of communication, freedom of action, experimentation, innovation, questioning, and learning.
Avoid unnecessary hierarchy and favor the rule of math and decentralisation of power and responsibility.
Well said Calem, it's tangential to this thread but I can't help but wonder what kind of career has your interest.