Good question Winnie...here's the thing...there are many ways to invest and many technical analysis tools such as EW that traders use. With EW, an analyst must stay with their primary count until it fails..if it shows signs of it breaking down, then the alternate is moved over...it also takes patience...many people, especially the impatient and new traders, jump to conclusions on the first dip they see...Twitter and Youtube doesn't help either...this is why haejin doesn't even read the news or Twitter, because it will influence his strategy and wave counts...it's up to interpretation, and everyone has their own strategy....i have never seen him say that he is the best, he just created his blog because he was successful, and wanted to share his knowledge...with that being said, i disagree with some of his counts, but what i do admire is his patience through all of the ups and downs...it's amazing to see so many haters on here that never followed him way back during the last depressive bear market...i like his laddering strategy, because it's what many wall street investors use, not day traders; i mean swing or long term traders ...so the best thing to me is to absorb everything he has to offer, read the books he recommends, and then form your own niche strategy...hope this answers you question friend...cheers
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You're welcome winnie..sorry for the late reply...I like the laddering technique as well..dollar cost averaging is how you make good profits, as long as the project you are investing in does well...if not, then you have to feel comfortable with losing whatever you put into that specific coin...thanks for the comments...let's hope this bear market doesn't last much longer...this is boring...lol