12-18-2021, 05:36 PM
Fear and Greed index at Extreme Fear - 24 Time to Buy!
<!-- SC_OFF --><div class="md"><p>I was just checking on the fear and greed index and I saw that it was at "Extreme Fear" of 24 and of course I thought "hmmm why is that?"</p> <ol> <li><p>The Cryptomarket reaching lows on THREE Consecutive days with this last day, Friday being the low point for Bitcoin since September 2021</p></li> <li><p>"Bear This" "Bear That" bear Bear <strong>BEAR</strong> is what you are getting when you look in the mainstream news and social media. No one can see clearly because of all of the <strong>BEAR</strong> Signs</p></li> <li><p>Lastly, a LOT of People lost their shirts. Particularly Traders that got caught in that trap on December 3rd and the 12-13 th (For whom I feel really bad for)</p></li> </ol> <p>That was one long and painful slide and there you have it, the reason for the "Extreme Fear"</p> <p>As to what I would buy: You buy U.S. Steel (an old joke), uh I mean, you buy foundational blockchains: </p> <p>BTC, ETH, SOL, DOT, POLY/Matic, AVAX, BNB</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/erikmalkavian"> /u/erikmalkavian </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rj0g42/fear_and_greed_index_at_extreme_fear_24_time_to/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rj0g42/fear_and_greed_index_at_extreme_fear_24_time_to/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>I was just checking on the fear and greed index and I saw that it was at "Extreme Fear" of 24 and of course I thought "hmmm why is that?"</p> <ol> <li><p>The Cryptomarket reaching lows on THREE Consecutive days with this last day, Friday being the low point for Bitcoin since September 2021</p></li> <li><p>"Bear This" "Bear That" bear Bear <strong>BEAR</strong> is what you are getting when you look in the mainstream news and social media. No one can see clearly because of all of the <strong>BEAR</strong> Signs</p></li> <li><p>Lastly, a LOT of People lost their shirts. Particularly Traders that got caught in that trap on December 3rd and the 12-13 th (For whom I feel really bad for)</p></li> </ol> <p>That was one long and painful slide and there you have it, the reason for the "Extreme Fear"</p> <p>As to what I would buy: You buy U.S. Steel (an old joke), uh I mean, you buy foundational blockchains: </p> <p>BTC, ETH, SOL, DOT, POLY/Matic, AVAX, BNB</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/erikmalkavian"> /u/erikmalkavian </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rj0g42/fear_and_greed_index_at_extreme_fear_24_time_to/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rj0g42/fear_and_greed_index_at_extreme_fear_24_time_to/">[comments]</a></span>Kind Regards R