Fear & Greed Index is at 15... what happens at 0?
>>61330302this shit can go negative and that wouldn't necessarily mean anythingthis is a goy indicator that no serious investor use
>>61330373It measures local tops and bottoms only which is useless unless you're strictly a short term trader. Anyone who tries to use it to time actual cycle tops is retarded and a nigger.
Unlike /biz/ that absolute loves buying every local top and starts shitting itself with leveraged longs / shorts whenever the market doesn't go into a singular direction, I simply buy when BTC dips and all the market indicators indicate a local bottom.I don't care if it goes to 50K from here either, I've got my staked ETH in place and I only put in a manageable amount every major dip to where I won't come crying on here if it does in fact dip more. Because guess what? I'll have more cash ready to buy that other dip as well.And what if it only goes up from here, will I be mad that I didn't put in more? Nope, it's called a strategy. I'll just sell the next local top again at 140K when everyone says we are going to 250K.
>>61330302test