I prefer to let the Wave count tell me when to buy in, and generally that's when volume is at it's lowest, and everyone says the coin is dead. Ladder in, take profits in wave 5 of 1 of 1 of 1 of 1 of 1, then ladder in at terminal end of wave C, take profits in wave 5 of wave 3 of 1 of 1 of 1 of 1 of 1. Ladder in at terminal end of wave C, take profits in wave 5 of 5 of 1 of 1 of 1 of 1 of 1. Large correction, ladder in at terminal end of wave 2 of 1 of 1 of 1 of 1 of 1......and so forth.
I disagree, that is the absolute best way to invest as well. Take BTS for example....I'll take profits on every wave 5, but I'm buying back in as a 2-5 year investment (give or take), maybe less depending on how quickly the world adapts, at which point we will see a price range over $300 in the final wave of the set of 5 waves....each containing lower orders of 5 waves in which you can build a fortune.
It's fine to disagree, and I do. The TA will let you know if a company is headed to the shitter or not long before the news will....or the company's CEO.
And again, I reiterate.....it's not a blind eye, it is a very calculated decision to ignore what people "think" is going to happen, and to listen to what the sentiment is as produced through the price pathway.