Post by
arh0070 on Apr 01, 2022 9:45am
Elliot wave theory
Elliot wave theory is very difficult to practice well,I can do simple technical analysis but not Elliot wave .For some reason technical analysis works quite well in Cryptos in skilled hands .As a result of listening To him on YouTube I got out of Ethe at between 4600-4800 $ having bought between 200-250$ and BTC at 64,000To68000$ having got in at 10K, so personally I think he walks on water ,he was particularly helpful in helping me to decide when to sell.My only regret was not buying more ,its one of the best percentage investment I have ever made in my life .23bagger in18 months for Ethe.Whether he is correct about Alt season and that BTC is in a bear market remains to be determined .If he is correct I will buy BTC back at between 10-15K and 3-5 times in Alt season.
What has happened to the Cryptos has guided my strategy in BNXA (2.5 times profit in a few months)currently out and trading covered calls in Coin .
I use Stockhouse bulletin boards as a highly accurate contrarian indicator ,when there are loads of posts all bullish (like a year ago) I sell,when the posts disappear (like now) i think about buying back ,the problem with BNXA right now is extremely low volume so hard to get in/out if you need to .
Comment by
PennyWise416 on Apr 01, 2022 10:15pm
But you were pumping vygr well past its peak so your story isn't exactly correct. And last two years were great. Close eyes, point at any stock or crypto, gain. So many good companies sitting undervalued now it's hard to pick what could be a good one going forward.