I wanted to post an updated logarithmic scale chart of BTC to show everyone how EW can help put things into perspective.
To me, Wave I was very clear and after you've been doing EW for a while, you will learn to spot the right look sometimes. (NOT ALL THE TIME)
But to me, this thing just doesn't even look close to finished.
Impulses tend to channel, so if we channel this large impulse, the numbers look jaw dropping. But considering BTC is a whole new technology with brain melting possibilities, it's seems plausible. Especially if we get the other halving coming up in 2020. Additionally, when governments are forced to print more money when the next meltdown happens, smart large investors will be looking for assets that cannot be printed or manipulated and have a fixed supply
Guys, there will be very few people that will own BTC because they will be so hard to mine. This bear market is just a blip in the big picture. I thought this would be a great time to post this again to help everyone zoom out and to really think about the possibilities it's provides.
Plus, we haven't even reached saturation and mass adoption. Everyone is just learning about cryptocurrencies and how to use them and store them. We see it all over the place and think it's already reached this point, but this is just the beginning.
We may still see months of sideways action, or a dip to $3000-4000, but it doesn't matter. I will be laddering in, taking little nibbles all the way down, including other strong projects that i think will survive.
We are early adopters, and as long as we can make our money outlast all the ups and downs market makers and whales have to throw at us, we will be very happy in a few years
To me, Wave I was very clear and after you've been doing EW for a while, you will learn to spot the right look sometimes. (NOT ALL THE TIME)
But to me, this thing just doesn't even look close to finished.
Impulses tend to channel, so if we channel this large impulse, the numbers look jaw dropping. But considering BTC is a whole new technology with brain melting possibilities, it's seems plausible. Especially if we get the other halving coming up in 2020. Additionally, when governments are forced to print more money when the next meltdown happens, smart large investors will be looking for assets that cannot be printed or manipulated and have a fixed supply
Guys, there will be very few people that will own BTC because they will be so hard to mine. This bear market is just a blip in the big picture. I thought this would be a great time to post this again to help everyone zoom out and to really think about the possibilities it's provides.
Plus, we haven't even reached saturation and mass adoption. Everyone is just learning about cryptocurrencies and how to use them and store them. We see it all over the place and think it's already reached this point, but this is just the beginning.
We may still see months of sideways action, or a dip to $3000-4000, but it doesn't matter. I will be laddering in, taking little nibbles all the way down, including other strong projects that i think will survive.
We are early adopters, and as long as we can make our money outlast all the ups and downs market makers and whales have to throw at us, we will be very happy in a few years