 | At the bottom here you can get the chart for the fear and greed index https://alternative.me/crypto/fear-and-greed-index/ As you can see, the greed fear heavily reflects the price and where the price might go. In general what most do is if the index is low like it is now. Then it's time to buy. Where if it is high then it is more risky to buy. There is no real rule on selling other than obviously trying to sell when the greed and price is high. But that isn't a 100% thing. Please note this isn't financial advice, and you should look at general news. The reason why I mention this is it doesn't indicate the swing and it sometimes is wrong. Like a lot of time people have more hype than needed or more fear than needed. But this is useful in understanding the general mindset people have with the market, and how comfortable the average person is with the market. [link] [comments] |
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