Replying to Avatar Lyn Alden

People tend to ignore bear markets and then buy high-volume tops. It is sad but that is what happens.

I’m going to emphasize “study bitcoin” to people this cycle. Not tell them to buy it. Not tell them to have fun staying poor. Just point out that it’s still here, yes it’s important, and yes you should take the time to understand it.
Avatar
Matthew D 2y ago

That's just market psychology Lyn. RD Wyckoff pointed this same thing out over 100 years ago when he developed the idea of the composite operator. The composite operator is a large trader who attracts the public to buy a stock in which they have already accumulated a sizeable line of shares.

The CO is all knowing and their number one goal is to the position in profit.

Reply to this note

Please Login to reply.

Discussion

No replies yet.