Quote from: HairyMaclairy on December 16, 2018, 05:20:15 AM

TA is the way that humans achieve consensus on price. The price is an expression of solace in pattern matching, that is the only way short consensus can be achieved (fundamentals drive long term consensus - except long term TA takes into consideration fundamentals). The fundamentals driving long term price are primarily the halvening cycles, which is a supply side constraint. Supply gets restricted, selling pressure on the market from miners eases, price goes rocketing up. Its really that simple. The correlation with legacy to date has been so low as not be worth worrying about.

Sorry, most humans do not use TA to achieve consensus on price.
In fact, I posit that you cannot make really large amounts of money using TA (unless you are a computer, I suppose).
The only way I have seen examples of large money being made is by placing reasonably large bets (that are not portfolio crushing if they don't not work out, but extremely rewarding when they do work out) on less likely outcomes where you have some legally obtained informational advantage (say, you analyzed a particular situation from an angle that everybody else missed).
Example: Soros' bet against the pound, etc.

Personally, apart from btc, I am thinking of learning (or re-learning) how to short equities.
There will be lots and lots of opportunities to make money this way in the next 10-12 years.
Index funds are so dead in the water or worse going forward.