about 2 months ago • 1:33 min
Richard Wyckoff created the Wyckoff method in the early 1930s – and it’s still a big hit among traders. If Wyckoff were alive now and investing in crypto, he’d be looking at Chainlink’s LINK token with keen interest.
I wrote more on the Wyckoff method over here, but the gist is this: big-money investors (i.e. whales) repeatedly fleece smaller retail investors by moving the price of an investment for their own benefit. The trick to winning in these seas is to think like those whales and swim in their slipstream.
See, for giant investors to buy into an investment, they need time to build up positions. They can’t just buy everything at once: there wouldn’t be enough sellers to meet that demand. So, they
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