The easiest way to tell that someone has no clue about technical analysis (or is just looking for some cheap clout but doesn't actually know what they're talking about) is if they actively dismiss Elliott Wave as having "no value" or being a "fake" form of TA.
ESPECIALLY if they regularly use market structure and PA concepts (because EW has the exact same concepts at its core and those who actually understand it know this).
Yea there are a lot of people out there who use EW incorrectly, there are also a lot of people out there who use PA concepts, ichimoku, indicators and literally any other form of technical analysis incorrectly too.
At it's core, EW is a focus on shifts in market structure on different timeframes, so it always makes me chuckle when I see some guy bashing on EW and then begin to talk about market structure concepts not understanding that he just dismissed these same concepts a minute earlier simply because they were presented in a different language that he didn't understand.
@CasaHODL 19/ Erik made the same argument to FTX’s CEO…
The now imprisoned Sam Bankman-Fried
When SBF lobbied for regulation to save his exchange, Erik eviscerated him on a livestream
I'm recently learning that certain bitcoiners won't associate with me anymore because I've been open about my past issues.
Some have actively thrown me under the bus to signal their own virtue to others. Even some who secretly struggle with their own issues.
Although I personally rarely touch drugs anymore, I'm still a firm believer in the value of recreational use - especially psychedelics.
And while I'm ashamed to have lost my stack by organizing a costly conference, I'm not ashamed of humbly asking for help.
I won't sacrifice my integrity by pretending otherwise just to gain acceptance. And I certainly will never sacrifice anyone else.
Humanity, charity and tolerance cannot be outsourced on a #Bitcoin standard, it has to come from each of us.
Take care of those who struggle, support those trying to do better, and celebrate those who manage.
Never rise by kicking those who are down, we are already hard enough on ourselves.
And I'm getting back up with or without you, but it would be way cooler together.
🧡
🐳Jeff Bezos just sold over $7 BILLION of Amazon stock at the same time he was spotted WITH Michael Saylor...
At the same time there are MULTIPLE LARGE anonymous Bitcoin whales accumulating...
🚨TODAY... it looks as if Tesla is also adding more Bitcoin to their balance sheet?
📺Going LIVE in 60 seconds to discuss this & more!👇
BREAKING: 🇺🇸 The Senator who said “Bitcoin can open the doors of corruption in El Salvador," was just indicted on 18 counts for obstruction of justice.
Federal Prosecutors seized $100,000 in gold bars and $480,000 in hidden cash from his home.
Quelle dommage…
🟠‼️World Economic Forum video shows how one of Africa’s largest natural parks uses hydro-electricity to mine #Bitcoin that generates $150,000 a month.
It also uses the heat generated by #Bitcoin mining ASICS to make chocolate. 🌊 🍫 💰
This is the single most important ratio in global finance right now.
If it continues for the foreseeable future, the world will change and there will be no going back.
(h/t @Matt_Hougan)
The only Bitcoin chart that matters.
I will continue posting this every day UNTIL there are 0 Bitcoin on exchanges.
That will be the day we finally enter true Bitcoin price discovery.
At this rate... we could see this around 2026. Hold onto your butts.
NEW: Satoshi Nakamoto's earliest collaborator Martii 'Sirius' Malmi just released their entire email history.
At 120 pages, its the most significant addition to the archives of #Bitcoin's unknown inventor.
Here are the most important new findings ✨
The biggest bull run in crypto history is near, and u need to be ready.
Many will hate me for sharing this for FREE, as these secrets will sort winners from losers.
🧵: 7 years in crypto in one ultimate trading guide (will delete it soon) 👇