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File: 55 KB, 772x355, fearandgreed.png [View same] [iqdb] [saucenao] [google]
23848844 No.23848844 [Reply] [Original]

You guys are getting too greedy, Sell now so you can buy the dip.

>> No.23848887

shut up. just buy

>> No.23848960

Do people actually trade based on this "indicator"?

>> No.23849078

>>23848960
The day I started using the fear and greed index is the day I stopped losing money. I like how easy it is to follow

>> No.23849093

this thing was at all time low before the biggest corona dump... its a load of crap

>> No.23849099

>>23849078
But it can be confusing because when it's green you actually want to sell. The colors should probably be switched

>> No.23849154

>>23849093
Just like any indicator it's never 100% tinhead

>> No.23849163

>>23849078
it didnt exist in the previous cycles though, I assume it wouldve been maxed out all the way up.

>> No.23849213

>>23849093
It only goes from red to green. It can't predict a black swan.

>> No.23849230
File: 951 KB, 1440x900, there-will-be-blood-39.png [View same] [iqdb] [saucenao] [google]
23849230

>>23848844
>Bull runnnnnn! Bull Run, OP, you faggot. Going to the moon. I'm so sorry.

>> No.23849261

>>23848844
If you read how they analyze their data, you see that "Extreme Greed" simply means the amount of capital is growing, BTC dominance is decreasing and general interest is picking up. How is this a bad sign? It may cause a crash, but not right away.

Info: https://alternative.me/crypto/fear-and-greed-index/

>> No.23849342

check this one
https://btctools.io/stats/crypto-fear-and-greed-index

>> No.23849456

>>23849078
They adjust it so they're always right, you're going to get raped mate