Bitcoin's #FUD Index!! Reading one of the links shared by @the-bitcoi ...

in D.Buzz2 months ago

Bitcoin's #FUD Index!!

Reading one of the links shared by @the-bitcoin-dood, I found this link: https://alternative.me/crypto/fear-and-greed-index/

It shows the daily collective vibe of the community about Bitcoin prices. Isn't it interesting? Fear or Greed~

#leofinance #btc #fear #greed #finance #ctp #stem

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What an interesting thing to measure. So should we be buying when the index is at fear and then selling when the index is at greed?

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That's the theory.

"Be fearful when others are greedy and to be greedy only when others are fearful."

Warren Buffet

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I know this quote... Applying it realistically isn't very easy. Right?

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I don't know... It doesn't tell you what to do, it just tells you what others are (most likely) doing right now. I'm not an expert to give advice on this.

I just found the fact that someone spent time creating a measure for FUD interesting. Isn't it?

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