Post
Topic
Board Bitcoin Discussion
Re: According to the "Bitcoin Misery Index", we're ok
by
stayeduptolate
on 09/08/2018, 16:22:43 UTC
According to Fundstrat's "Bitcoin Misery Index", we've got nothing to worry about:

https://cointelegraph.com/news/fundstrats-tom-lee-bitcoin-misery-index-indicators-show-the-crypto-isnt-broken

A measurement of the degree of discomfort from investors, it says that we are currently recovering at a level of 39.

More info on how the signal works:

https://cointelegraph.com/news/wall-street-analyst-creates-bitcoin-misery-index-for-traders
This is a very good news that according to bitcoin misery index , we are going ok and there is nothing to worry about and I am also kk with the growth of bitcoin because I know this thing very well that bitcoin is a volatile crypto currency and moreover it is a kind of investment so these factors are responsible for the flactuation in the valuation of bitcoin so if this time the valuation is low then there is nothing to worry about because the time will also come when the valuation will again inflate and this most probably going to happen in the coming months of this year only.