Any good asset will crash to 70% of its value after first wave

Looking at the big picture, personally I'm not scared, what we learned from Elliot waves is that any good asset will crash up to 70% of its value on the second wave only for the smart money to come in and ride the third one in a nice lengthy bull run. So the sooner we reach that bottom the sooner we can start wave 3. Meanwhile let's enjoy the ride down minding the sub-waves. Don't feel lost it will get exciting again soon.