12-06-2021, 09:00 AM
Fear + Greed Index at "Extreme Fear" - People are panic selling....so we buy, right?
<!-- SC_OFF --><div class="md"><p>With the Omicron variant causing stirs, and yet another story of Tether printing over a billion dollars overnight, its fair to say tensions are high as the prices have been bleeding slowly after some glorious pumps in OCT/NOV. The pumps can't last forever though, and corrections are healthy - so do you hold onto your FIAT and see what's going to happen? Or do we buy up the dips?</p> <p>"<em>Be Fearful When Others Are Greedy and Greedy When Others Are Fearful" -</em> Warren Buffet <em>--</em> although the man isn't a fan of cryptocurrencies, his statement still resonates well. We are currently sitting at 16, or ''extreme fear' on the index, and although its not a sure-fire way to analyse the market, it's really helped me time my buys. If you've not seen it before, check out; <a href="https://alternative.me/crypto/fear-and-greed-index/">The Crypto Fear + Greed Index</a> </p> <p>Sometimes a different perspective is all you need. Zoom out and breathe - we are here for a long time not a good time! Aside from the massive drop we had, we are still doing well for the year. Sometimes a healthy zoom out is required to really put things into perspective. Am I concerned about all the news that's come out? Not really, FUDders gonna FUD, and until crypto gets the mainstream adoption it deserves, there will always be parties trying to shut it down.</p> <p>Who else has been buying up these recent dips? I know nobody knows what's next in this wild world of crypto, but what I do know for sure is my mama aint raise no paper handed bitch!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Environmental_Point3"> /u/Environmental_Point3 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/r9yg0f/fear_greed_index_at_extreme_fear_people_are_panic/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/r9yg0f/fear_greed_index_at_extreme_fear_people_are_panic/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>With the Omicron variant causing stirs, and yet another story of Tether printing over a billion dollars overnight, its fair to say tensions are high as the prices have been bleeding slowly after some glorious pumps in OCT/NOV. The pumps can't last forever though, and corrections are healthy - so do you hold onto your FIAT and see what's going to happen? Or do we buy up the dips?</p> <p>"<em>Be Fearful When Others Are Greedy and Greedy When Others Are Fearful" -</em> Warren Buffet <em>--</em> although the man isn't a fan of cryptocurrencies, his statement still resonates well. We are currently sitting at 16, or ''extreme fear' on the index, and although its not a sure-fire way to analyse the market, it's really helped me time my buys. If you've not seen it before, check out; <a href="https://alternative.me/crypto/fear-and-greed-index/">The Crypto Fear + Greed Index</a> </p> <p>Sometimes a different perspective is all you need. Zoom out and breathe - we are here for a long time not a good time! Aside from the massive drop we had, we are still doing well for the year. Sometimes a healthy zoom out is required to really put things into perspective. Am I concerned about all the news that's come out? Not really, FUDders gonna FUD, and until crypto gets the mainstream adoption it deserves, there will always be parties trying to shut it down.</p> <p>Who else has been buying up these recent dips? I know nobody knows what's next in this wild world of crypto, but what I do know for sure is my mama aint raise no paper handed bitch!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Environmental_Point3"> /u/Environmental_Point3 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/r9yg0f/fear_greed_index_at_extreme_fear_people_are_panic/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/r9yg0f/fear_greed_index_at_extreme_fear_people_are_panic/">[comments]</a></span>Kind Regards R