It's weird how complicated people like to make shit. People have been talking about Elliot waves and bitcoin since I started here in 2013. Buy now, sell now, definitely this is what the future holds. Sounds fucking stressful if you ask me. Plus a recipe to end up with 0 bitcoin. I'm sure there are people out there that have made a killing, survivorship bias and all that. Maybe even a couple know what the fuck they are talking about. Still stressful.
I loved the KISS principle first time learning about it, but already loved it. And about the Elliot wave I totally agree with you. People love to overcomplicate things. Just the name "Elliott Wave" sounds so advanced that anyone hearing it for the first time thinks they’ve found Aladdin’s lamp - like they can just rub it and print unlimited Bitcoin. In reality though, it’s less like a magic lamp and more like an all-you-can-eat buffet - looks exciting at first, but in the end it usually leaves you sick - or in this case, with zero Bitcoin.