Don't fear the crypto-reaper | Elliot Wave Principle applies more than ever.

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Considering all the complications involved in trading , buying direct and selling. There is one clear truth to it all. For me, its been the Elliot Wave Principle and the 5 stages that all trades go through.

https://en.wikipedia.org/wiki/Elliott_wave_principle

Inspecting the basic image reveals the nature of psychology behind these exchanges and rises confidence in the overall formations in the Ultimate Oscillator as well as the Ehler Study.

https://www.etoro.com/app/procharts

Personally I am not phased by huge gains and losses over time, but more about the peaks as they happen at interesting times in turmoil and in times of peace.

Dr Elliot was creating this principle during WW1 - Post WW2 as a study in a totalitarian stock market, a disgruntled society and a thriving law abiding democratic society, and in each the relative market interests stayed true to form.

Then why worry?

Well, dont, never use money you arent willing to loose completely, and even when total loss occurs, think of this wave principle and try your best to invest with pennies, they might just turn into millions immediately or atleast years if upkept properly though tools of the trade and keen interest in all avenues of trade.

In crypto currencies, dont just be in Bitcoin, Ether, Litecoin, Dash and Ripple, but fish for the crazy growers not the showers... ie ANTshares and NEM, or well, STEEM... I was pleasantly surprised how well STEEM is doing considering its POWER DOWNS aspects and more.

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Keep Going STEEM TEEM.

Lastly. Invest concious of collapse, accept that it is possible becuase there are massive fools out there investing untold sums with FIAT that can collapse in and of it self.

Its inevitable that retailers will accept crypto as official ledger, and when that day comes, I promise you want atleast 10 coins of each for all kinds of real world gamification glory to be had.

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MINING

I have invested in various mining machines, from Macs, to AMD RYZEN specced machines, but one thing stays true, Mine whatever you are able to, Bytecoin is easy on any CPU via MinerGate and official ByteCoin wallet.

You never know which one will spike and why miss an easy in.

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I want to do full time blogging with tips and tricks of the trade. I would love to share and compare, but one has to earn FIAT to float on the current moat.

If you hate rhymes mail me and give me harsh words, if you like them, maybe consider contributions.

https://steemit.com/@xyndigital
Bitcoin - 1DkLFih35tzb16rEch6BXdske8YoUpTpSo