Crypto Greed And Fear Index
- Get link
- X
- Other Apps
Crypto Greed And Fear Index. Why measure fear and greed? People tend to get greedy when the market is rising which results in fomo (fear of missing out).
What emotion is driving the market now? Also, people often sell their coins in irrational reaction of seeing red numbers. Nevertheless, when crypto fear & greed index indicates fear, it usually means the prices of digital assets are falling.
The crypto fear & greed index of alternative.me provides an easy overview of the current sentiment of the bitcoin / crypto market at a glance.
People tend to get greedy when the market is rising which results in fomo (fear of missing out). If the term fear and greed index doesn't speak for itself, then what does? Besides, as the index value approaches the highest point of fear (the lowest value of the index), the index reverses and greed starts growing. Why measure fear and greed?
- Get link
- X
- Other Apps
Comments
Post a Comment